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Bloomberg The newest large bank trade group has hired a longtime JPMorgan Chase & Co. lobbyist to run its advocacy and communications efforts. Kate Childress, who helped lead JPMorgan’s lobbying and regulatory efforts on the 2010 Dodd-Frank law, will join the Bank Policy Institute in September, the association announced. The hiring is a do-over for the policy institute, which had …

Bloomberg Banca Monte dei Paschi di Siena SpA rode lower costs and an asset sale to a second straight quarter of profit, even though a sharp drop in the value of Italian state debt hit revenue and eroded capital. Second-quarter net income totalled $117 million, the Siena, Italy based bank said in a statement, confirming progress toward a turnaround after …

Bloomberg Bond-market strategists interested in Bank of America Corp.’s latest opening probably shouldn’t apply if they can’t speak French or don’t want to live in Paris. “Although not certain as yet, the role is very likely to be based in Paris as part of the firm’s Brexit transition,” the US lender said in a job advert for a credit strategist …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …