Dubai/ Emirates Business Saxo Bank, the online multi-asset trading and investment specialist, revealed that the most traded equity CFDs (Contracts for Difference) in the MENA region are focused on the US stock market and US tech companies. Two of the top three most traded CFD equity indexes by Saxo clients in the MENA region since January 1, 2015 are …

  Bloomberg Two of China’s biggest banks, Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp., are testing their regulator’s tolerance by protecting profits at the expense of bad-loan buffers. ICBC and Construction Bank both reported loan-loss coverage ratios below a regulatory minimum of 150 percent of existing nonperforming loans when they disclosed third-quarter earnings. So far, …

  Bloomberg The UK’s biggest banks and financial firms could gain an additional 12 billion pounds ($14.6 billion) a year in revenue from Britain leaving the European Union, according to a report from a pro-Brexit lobby group. Leaving the 28-nation trading bloc and ending membership in the EU single market for trade and services would help Britain cut “stifling Brussels …