Chicago-based futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) announced its affiliate RJO MENA acquired Dubai-based interdealer broker (IDB) Lombard Forte Securities Limited (LFS).
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UAE Central Bank unveils further measure to boost banks’ capacity
Central Bank of the UAE said this easure will support the implementation of the already adopted TESS measures worth AED256 billion The Central Bank of the UAE has announced a further measure that it …
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UAE Cbank announces new steps to back banks
The Central Bank of the UAE (CBUAE) has decided on additional measures within the Targeted Economic Support Scheme (TESS) launched initially in March 2020 to further enhance the capacity of the …
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UAE Central Bank unveils more measures to shore up banks
The Board of the Central Bank of the UAE (CBUAE), has decided on additional measures within the Targeted Economic Support Scheme (TESS), launched initially in March 2020 to further enhance the …
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COVID-19 : UAE central bank temporarily relaxes rules on bank liquidity, funding
The United Arab Emirates’ central bank said on Saturday it was temporarily relaxing two key requirements to improve liquidity and funding needs of banks to encourage them to lend more to businesses …
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UAE central bank temporarily relaxes rules on liquidity, funding for banks
The United Arab Emirates’ central bank said on Saturday it was temporarily relaxing two key requirements to improve liquidity and funding needs of banks to encourage them to lend more to businesses …
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COVID-19 response: Central Bank of UAE relaxes prudential ratios to enhance Targeted Economic Support Scheme
Debit card blocked, no salary for three months; how will I survive the COVID-19 pandemic? UAE: ‘My bank gave me Dh156 cashback, instead of Dh1,219.06 on my credit card. Please help!’ Dubai: The Board …
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UAE Central Bank rolls out more measures to boost capacity of banks to support customers
The regulator is relaxing two key liquidity requirements within the Targeted Economic Support Scheme that was launched in March …
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Ex-J&K Fin Min’s son diverted loan amount to buy properties in US, UAE: ED
A day after the Enforcement Directorate (ED) carried out searches at 17 locations in connection with the Rs 177 crore Jammu and Kashmir Bank fraud case, the financial probe agency on Friday claimed …
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UAE Health and Medical Insurance Market (2020 – 2025)
The market is growing at a faster rate, owing to the compulsory health cover initiative taken by the governments in all of its seven emirates, which is currently under implementation phase in the four …
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Dubai Mall is First Shopping Center to Achieve GBAC STAR™ Facility Accreditation
The Dubai Mall, one of the largest shopping malls in the world, along with 14 additional facilities around the globe have achieved GBAC STAR™ facility accreditation from the Global Biorisk Advisory …
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Hedge Fund Boss Gets Limited Money To Fight $2B Fraud Suit
A judge refused on Thursday to release £12.7 million ($16.7 million) in assets held by the court to a hedge fund founder accused of masterminding a $2 billion tax fraud against Denmark, saying the …
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R.J. O’Brien Acquires Global Interdealer Broker Lombard Forte Securities
PRNewswire/ — Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United …
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RJ O’Brien acquires Dubai-based interdealer broker Lombard Forte Securities
Lombard Forte Securities is now part of the RJ O’Brien group as the broker looks to expand its geographic reach.
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UAE: Reader complains against bank charges of Dh1,300 for a credit card that was blocked
Bank reversed the total outstanding after Gulf News’ intervention. Trending Get Breaking News Alerts From Gulf News We’ll send you latest news updates through the day. You can manage them any time by …
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Dubai Aerospace Enterprise posts 38% drop in H1 profits
Dubai Aerospace Enterprise (DAE), the Middle East’s largest plane lessor, has reported a 38 percent drop in profits for the first half of the year compared to the first six months of 2019. The company …
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Kuwait Finance House’s Q2 profit down 77.5% hit by lockdown
Kuwait Finance House KFH.KW on Thursday posted a 77.5% decline in second-quarter profit after it boosted impairment charges and precautionary provisioning …
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