Dubai / Emirates Business C3 and RAKBANK have signed a partnership to provide a 360-degree payroll solution serving both banking and non-banking individuals and companies. The signing, which took place on May 1 at Seamless Middle East at The World Trade Centre in Dubai, is expected to drive financial inclusion and open up new markets. RAKBANK’s RAKMoneyTransfer will be …

  Bloomberg Less than a quarter of London’s investment bankers were pleased with their 2016 bonuses, with staff at Deutsche Bank AG the most disgruntled after Chief Executive Officer John Cryan slashed discretionary compensation for many top traders and advisers. By a small margin, those at JPMorgan Chase & Co. were happiest. Some 61 percent of the German bank’s employees …

  MILAN /Reuters Loss-making airline Alitalia, which asked to be put under special administration, had debts of around 3 billion euros ($3.3 billion) as of the end of February, Italy’s government said. In a document marking the opening of the special administration process and the appointment of three commissioners to run the airline, the government said Alitalia had current liabilities …