ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.36% to close at 4441.39 points. Accordingly the Market Capitalization has lost AED 2.58 billion attaining AED 720.45 billion. A total of 0.89 billion Shares were traded with a total value of AED 0.98 billion during the trading session of 06-04-2016 through 9367 transactions. The number of companies which ...

Bloomberg Asia’s top private banks posted their first drop in assets under management and number of relationship managers in at least three years as the region’s economic growth slowed and mounting regulatory pressure forced them to reject some clients. Total assets at the 20 biggest banks in Asia fell 4.2 percent to $1.47 trillion last year, as the number of ...

Budapest / Reuters Hungary’s state-owned MKB Bank posted a loss of 76.4 billion forints ($277.3 million) last year, down from 148.1 billion in 2014, as the costs of spinning off a large chunk of distressed debt still pushed it deep into the red, it said on Wednesday. Last year MKB disposed of a gross 213 billion forints worth of bad ...