Bloomberg Here’s some advice that wealthy Asians are getting from their private bankers after Britain’s vote to quit the European Union has thrown markets in turmoil: Add to corporate credit, avoid risky assets and expect UK property prices to drop. Credit Suisse Group AG, Citigroup Inc and United Overseas Bank Ltd are telling clients that higher-quality corporate bonds are ...

  Bloomberg The Bank of Japan offered to supply US$1.475 billion at a regular dollar funding operation after global financial markets plunged in the wake of the UK’s referendum to leave the European Union. The funding covers the period from June 30 to July 8 and was the biggest amount accepted since the end of December 2014, when US$1.528 billion ...

  RITIKA SHARMA / Emirates Business Governments of the GCC nations are being lauded by experts globally for their unwavering drive towards innovation in the segment of financial technology, commonly known as ‘FinTech’. Gauging its long-term rewards and sustainability in the financial sector, UAE is working towards enhancing the FinTech infrastructure by connecting stakeholders to support innovations upto the optimum ...