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Bank of America’s future is digital, and it’s now

Bank of America Corp. likes to brag about its online and mobile banking capabilities. Just as it did at this time last year, the bank last week trumpeted its “leadership in high-tech” in its third-quarter earnings news release and boasted that it’s “No. 1 in mobile banking, online banking and digital sales functionality,” citing accolades from J.D. Power, Javelin and ...

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Adnoc, Russia’s REA ink pact across oil, gas value chain

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), signed on Wednesday a comprehensive strategic framework agreement with the Federal State Budgetary Organisation “Russian Energy Agency” by the Ministry of Energy of the Russian Federation (REA), to explore new opportunities for collaboration across the oil and gas value chain. The agreement highlights the strength of the UAE-Russia bilateral ...

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Mubadala, RDIF announce six new cooperation pacts

ABU DHABI / WAM UAE sovereign investor Mubadala Investment Company, and Russia’s sovereign wealth fund – the Russian Direct Investment Fund (RDIF) – have announced a series of six cooperation agreements as part of their successful long-term investment partnership that began in 2013. The agreements were announced following the official visit of Russian President Vladimir Putin to the UAE. More ...

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