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Ex-BOE’s king raps Central banks for losing focus, humility

  Bloomberg It would seem that Mervyn King isn’t a fan of what central bankers have been doing since he departed their ranks. In a discussion of the economics profession and central banking, the former Bank of England governor expressed concerns ranging from the ‘narrow’ focus of macroeconomics, a lack of humility among forecasters and the risks of straying into ...

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Al Hilal Bank wins Service Olympian award

  Emirates Business Al Hilal Bank was recently awarded the prestigious Service Olympian Award for Most Improved Branches category during an event held by Ethos Integrated Solutions at the Emirates Towers Hotel, Dubai. Mohammed Al Dosari, Head of Distribution in Retail Banking Group at Al Hilal Bank, received the award which marks another milestone in the Bank’s journey of success.

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Snap touts devoted users to justify $20 billion value

  Bloomberg Snap Inc. is hoping to convince public market investors it’s worth upwards of $20 billion by stressing how important its app is to users’ daily lives. That’s what Snap’s management highlighted this month to analysts from banks underwriting its initial public offering, according to people familiar with the matter. The company laid out a slew of engagement metrics ...

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