Tag : mergers

Moody's projects Islamic banking growth in GCC
Business

Moody’s projects Islamic banking growth in GCC

manamalive.com
MENA Newswire News Desk: Moody’s Ratings has projected robust growth for Islamic banking in the Gulf Cooperation Council (GCC) over the next 12 to 18 months, predicting that the sector will outperform conventional banking in profitability....
Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs
Business

Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs

manamalive.com
As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year, leading advisory firms including Morgan Stanley, Bank of America, and Citigroup have resorted to job cuts. Specifically,...