Search results for

Tamweel controls one-third of Dubai’s burgeoning mortgage market. In the wake of the company’s issuance of the Gulf’s first ever internationally rated securitization, Dominic O’Neill talks to the company’s CFO and CEO.

BGC, an inter-dealer brokerage firm, has bought Marex Financial’s emerging markets equity derivatives business for an undisclosed sum.

Mohammad-Jafaar Mojarrad, deputy governor of the Central Bank of Iran, speaks to Mark Johnson about the bank’s efforts to control inflation, curb exchange rate instability and cope with the difficult security situation.

Hedge funds should broaden their horizons beyond Brazil to the rest of the region in their search for yield, says Lou Gerken, chief executive of Gerken Capital Associates (GCA). Although there are 148 hedge funds in Latin America, only nine are not based in Brazil and solely focused on the region’s biggest economy. But now it would seem that investors, such as GCA, are seeing an opportunity across the region as countries such as Peru and Colombia, as well as Brazil and Mexico, are set firmly on the route towards investment-grade status. On top of this, liquidity in the region has been improving, although mostly in Brazil, which can now give funds a choice of nearly 60 stocks to short.

Kuwait Finance House is eyeing up certain branches of Malaysia’s RHB Bank, according to Salman Younis, the chief of the Gulf bank’s Malaysian unit. RHB Bank has obtained regulatory approval to start the sale talks but the Malaysian unit of KFH was still awaiting the nod from Malaysia’s central bank to begin discussions. At the moment there are up to 30 branches that could change hands in the next few months.

Saudi Arabia’s 2004 Capital Markets Law has brought something of a fresh start to all investment banks in the kingdom, whatever their size. But most of the smaller new entrants are aware that they need to develop niche businesses in the face of competition from larger rivals. Nigel Dudley reports.

Global warming is the biggest issue facing society. Markets can play a crucial role in combating climate change. Banks see a huge opportunity to be agents for good – and make plenty of money in the process. How big can green finance become? Clive Horwood investigates.

Africa’s abundant mineral resources are attracting investment from Russian companies. What’s more, the Russians are proving more popular with Africans than westerners and the Chinese. Elliot Wilson reports.

As Northern Rock’s shares continued their descent towards oblivion, Deutsche Bank announced it had built a sizeable stake in the company.

Next week sees the release of the eagerly awaited Triennial Central Bank Survey on FX surveys by the Bank for International Settlements. Here's my prediction on the size of the market today.

JPMorgan is believed to have shut its small orders desk in London and replaced it with electronic trading systems. At the time of writing, it was not known if this had resulted in any redundancies.

I’ll leave it to my colleagues at Euromoney to provide a proper analysis of the events that led to a run on Northern Rock. But inevitably I have some views on the subject. When I expressed these in the office, I was quickly informed, not for the first time this month, that I was “out of order”.