Banks (Finance)
Dunelm's shares slipped 4.4% on Monday following a downgrade from RBC Capital Markets, which reduced its rating from "outperform" to "sector perform". The analysts commended the homeware retailer's solid track record, robust cash generation, and strong market positioning. However, they warned
Banks (Finance)
India's investment banking operations (IB Ops) sector is growing rapidly, driven by the increasing demand for skilled professionals to manage complex financial processes. In response to this demand, Plutus Education has introduced a diploma course in Investment Banking and Operations (DIBO) to equip graduates with the necessary skills
Financial markets
Genghis Capital, a Nairobi-based investment bank, has faced significant challenges in the first three months of the year, as its unit trusts have lost a combined Sh628.5 million in assets. The firm's Mali Money Market Fund, which was formed largely by Safaricom's staff, saw its
Financial markets
LHV Group, the largest domestic financial group and capital provider in Estonia, has elected Mihkel Torim as the new Chairman of the Management Board and CEO, succeeding Madis Toomsalu. Torim, a seasoned leader in capital markets and investment banking with over 20 years of experience, will assume the role on
Banks (Finance)
The Iraq Stock Exchange (ISX) announced its latest market performance for the Primary Market on May 22, 2025, revealing a stagnant trading session for the Iraqi Middle East Investment Bank (BIME). The BIME stock, under the symbol "Aoset", maintained its previous closing price without registering any fluctuations, closing
Banks (Finance)
The Emirates Investment Bank has announced an open call for nominations to its Board of Directors. The nomination period, scheduled from May 21 to May 31, 2025, invites eligible individuals and shareholders to submit their applications to the bank's Head Office in Dubai. According to the announcement, only
Banks (Finance)
After years of underperformance, JP Morgan's upgrade to an overweight rating on emerging market (EM) equities suggests a shift in the tide. The bank's equity strategy team, led by Mislav Matejka, believes EM assets now offer better return potential than their developed counterparts, citing a mix
Banks (Finance)
The Iraqi Middle East Investment Bank, listed under the symbol BIME on the Iraq Stock Exchange (ISX), experienced a day of stable trading on May 19, 2025. The bank's stock maintained a consistent value of 0.07 per share throughout the day, with no fluctuations between the low
Banks (Finance)
Malaysia's central bank, Bank Negara Malaysia (BNM), is likely to lower the Overnight Policy Rate (OPR) in the second half of 2025, according to investment banks, as the country struggles with softer first-quarter growth and trade disruptions. The potential interest rate cut comes as the country's
Banks (Finance)
The Dubai Financial Market witnessed a trading session with steady volume, resulting in an upward movement of Emirates Investment Bank PJSC shares on May 15, 2025. The bank's shares, categorized under the designated market category, opened at 81.00, reflecting an increase from the previous closing price of
Banks (Finance)
The Johannesburg Stock Exchange (JSE) has approved the listing of SBCN03 Senior Unsecured Commodity Linked Indexed Notes, issued by The Standard Bank of South Africa Limited. This issuance marks the latest development in the bank's Structured Note Programme, which has been authorized for a total size of ZAR150.
Financial markets
The Arab Jordan Investment Bank experienced a small increase in its share price on May 15, 2025, as reported by the Amman Stock Exchange. The bank's stock, part of the designated financial market category, settled at JD 1.28, a JD 0.01 increase from its last closing
