
Rasmala Investment Bank Ltd, which had an equity research tie-up with Royal Bank of Scotland Group, is closing its research department after ending the arrangement with the UK\'s biggest publicly-owned lender last month, two people familiar with the matter said. The people declined to be identified because the matter hasn\'t been made public. No one at Rasmala was immediately available to comment. RBS chief executive officer for the Middle East and Africa Simon Penney said in March that there was no further requirement for the joint arrangement after the bank said January 12 it would exit its cash equities business globally. From: Gulfnews
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meeting

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor