Recent Posts

Qatar assets pile up losses as diplomatic tension swells

Bloomberg Investors in Qatari stocks, bonds and currency forwards were saddled with losses last week as the country was thrust into the epicenter of an unprecedented spat with its neighbors. The country’s stock market had shrank by about $11 billion in value, the most since 2010, after Middle Eastern countries including Saudi Arabia and the United Arab Emirates cut ties ...

Read More »

Deutsche Bank says it won’t hand over Trump findings

Bloomberg Deutsche Bank said it can’t comply with a request to hand over information related to its relationship with Donald Trump and trades from the bank’s Moscow operation as political opponents seek to probe the US President’s links with Russia. The lender is required by law to maintain confidentiality of non-public customer information, Deutsche Bank lawyers said in a letter ...

Read More »

Qatari banks fall after UAE red flag

DUBAI / Reuters Shares in Qatari banks fell in early trade on Sunday after the central bank of the United Arab Emirates ordered UAE banks to be wary of any accounts they hold with six Doha-based banks. The UAE, as part of its response to the diplomatic rift in the region, told local banks to apply ‘enhanced due diligence’ to ...

Read More »
Send this to a friend