DUBAI / Emirates Business Arab Bank Group reported net income after tax for the six months period ended June 30 of $436 million compared to $415 million in prior period, recording a growth of 5%. The Group’s net income before tax grew by 6.4% to reach $582 million with net operating income reaching $ 668.5 million and recording a solid …

Bloomberg India’s foreign exchange reserves may soon drop below the $400 billion mark for the first time since November as the central bank steps up action to shore up one of Asia’s worst-performing currencies. Reserves have steadily declined by $21 billion from a record peak of $426 billion in mid-April, and official data showed it was little changed in the …

Bloomberg Deutsche Bank AG is cutting dozens of employees and consolidating space at its Chicago office as part of a broader plan to shrink its US operations, according to people briefed on the matter. The German lender’s Chicago office — which houses units including front-office trading, operations and treasury — will be reducing headcount, said the people, who asked not …