Bloomberg Bank of America Corp.’s investment bank executives are divided over where their European Union trading hub should be after Brexit, according to people with knowledge of the matter. Equities head Fabrizio Gallo has pushed for Frankfurt as the base for traders working with EU clients, while his fixed-income colleagues Sanaz Zaimi and Bernard Mensah have favoured Paris, the people ...

ABU DHABI / WAM The Emirate of Abu Dhabi’s non-oil trade with four GCC states hit AED11.33 billion ($3bn) during the first five months of the year, with the Kingdom of Saudi Arabia coming on top of the emirate’s Gulf trade partners. According to the Statistics Centre- Abu Dhabi, the four countries, which include Kingdom of Saudi Arabia, Kingdom of ...

DUBAI / Emirates Business Worldwide spending on information security products and services will reach $86.4 billion in 2017, an increase of 7 percent over 2016, with spending expected to grow to $93 billion in 2018, according to the latest forecast from Gartner, Inc. Within the infrastructure protection segment, Gartner forecasts fast growth in the security testing market (albeit from a ...