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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.
قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
The HDFC Bank Dubai saga has just taken a more serious turn.
On 26 September, the bank announced that it has been barred from onboarding new customers at its Dubai International Financial Centre (DIFC) branch by the free zone’s regulatory authority, the Dubai Financial Services Authority (DFSA).
Explaining the violations that triggered the move, the bank said, “The DIFC Branch carrying on financial services by arranging/ advising on financial products/ credit for customers who were not onboarded by the DIFC Branch, issues with onboarding of customers at the DIFC Branch, and other matters related thereto.”
That explanation does little to …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor
