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Markets stay weak, ADNOC plans boost Abu Dhabi

Reuters Most Middle East stock markets fell on Tuesday, weighed down by geopolitical worries, but Abu Dhabi was boosted by government plans to privatise parts of Abu Dhabi National Oil Co (ADNOC). Saudi Arabia’s stock index fell 0.4 percent on the back of weak banks and cement shares. National Commercial Bank , the largest lender, lost 1.8 percent while Riyad ...

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Brexit-hit banks set to start moving staff abroad by 2018

Goldman sachs hands clients losses in 'top trades'

Bloomberg UK politicians are fighting to get a deal early next year that will ease businesses’ panic about Brexit. For some industries, it’s probably too late. Barring some major breakthrough, global banks will implement their relocation plans early next year to guarantee they’re able to have new offices inside the European Union running by the time the UK exits, people ...

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European Central Bank likely to take small steps in QE exit guidance

Ecb likely to take small steps in qe exit guidance copy

Bloomberg The European Central Bank is likely to make multiple small adjustments to its guidance on monetary policy next year rather than any major change in language as it ends quantitative easing, according to euro-area officials familiar with the thinking of policy makers. Incremental shifts in the wording used to describe the expected path of its policy would make sense ...

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