Fear and panic drove the markets through most of August causing more than $4 trillion in wealth destruction, while policymakers responded with “soft patches” and short-term solutions to what are …
Category:
Business
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Although investable assets of the Middle East’s most wealthy in 2010 are back to their 2007 level of $1.7 trillion, according to the Capgemini and Merrill Lynch’s World Wealth Report …
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Executive caught Rudy Sayegh at a bad time. “There’s blood on the street,” joked HSBC Lebanon’s managing director as he walked into his office. Sayegh had just wrapped up a …
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Fadi Antonios presides over a network of industrial enterprises in the United Arab Emirates and has growing interests in Lebanese real estate. Through his development company, Antonios Projects, he is …
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The cataclysmic crash in global financial markets in 2008 was a smack in the face with a wet fish for both bankers and investors alike. A new reality emerged in …
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Following unprecedented financial turmoil, investment scandals and the decline in world wealth, private banks and wealth managers are facing enormous challenges. Profits are declining, regulatory requirements are growing, compliance measures …
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The attacks perpetrated by Anders Behring Breivik in Norway on July 22 had the unintended effect of unveiling bias and prejudice in the Western media, and sparked worldwide debates about …
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Riad Salameh, the governor of Lebanon’s central bank discusses his strategies and successes as he enters his fourth term at the helm of the country’s banking sector
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Eager to turn the page on money laundering scandals and rumors that hounded the industry at the beginning of 2011, Lebanese banks have gone on a summer retail advertising binge. …
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As Chief Executive Officer of Y&R/Wunderman for the Middle East and North Africa, Nassib Boueri has had a lot to deal with in the first half of 2011. Shrinking budgets, …