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Deutsche Bank to offload risk by securitizing corporate loans

  Bloomberg Deutsche Bank AG, which is trying to bolster its capital, is working to securitize billions of dollars of corporate loans to offload risk, according to a person with knowledge of the matter. The bank is structuring the transaction as a synthetic collateralized loan obligation, which means the firm would keep servicing loans while transferring risk to investors, said ...

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End of Iran sanctions signals tougher times for India’s UCO

  Bloomberg Many banks around the world are gearing up for new business with Iran after years of punishing sanctions were lifted in January. Not so the state-owned UCO Bank Ltd., which is forecasting lower profit after losing its privileged position as the only Indian bank involved in financing the country’s oil imports from the Middle Eastern nation. After sanctions ...

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Trends in store at GITEX for the tech-savvy

  Abu Dhabi / Emirates Business With a finger on the pulse of the fast-paced consumer electronics industry, GITEX Shopper tracks top 10 trends for tech savvy consumers looking to update devices and tap into the latest developments in the industry. Visitors to the Middle East’s largest consumer IT and electronic show, which will take place from October 1-8 at ...

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