Banking and Finance

AME InfoUnderstanding banking customers better with Mr. Hamza at the Oman Islamic ...AME InfoIslamic Banking based on the Islamic Law or Sharia'h offers a variety of options involving different regulations and customer requirements, which calls for banks to formulate greater understanding of their customer's needs and demands in order to ...and mor […]

Al-BawabaUAE's new monitor watches over financial servicesAl-BawabaA new agency will have daily oversight of financial services in the biggest shake-up of banking and finance in three decades. The change is part of a new banking law that aims to bolster regulation of the industry and reduce the risk of future banking ...and more » […]

NewsdayObama wants new banking rules put in place soonBusinessWeekBy DOUGLASS K. DANIEL President Barack Obama says the big trading loss at JPMorgan Chase shows the need to finally put in place banking rules he signed into law two years ago. He also is calling on Congress to stop trying to weaken the regulations.Obama wants new banking rules implamentedNewsd […]

Bank unions plan protests on MondayMSN IndiaMumbai: The United Forum of Bank Unions (UFBU) has decided to observe May 21 as All India Protest Day. The protest is against amendments proposed in the Banking Law, closure of rural branches, and the Government's unilateral directions on human ... […]

The FSA decided to fine Mr Hannam, the Chairman of Capital Markets at J P Morgan Cazenove Ltd, £450,000 for market abuse. The decision has been referred to the Upper Tribunal. […]

The FSA imposed a financial penalty of £210,000 on Nicholas Kyprios, a senior trader based in London, for breaches of Principles 2 and 3 of its Statements of Principle for Approved Persons. […]