emeafinance News - September 2010
Horizon makes Fortis Life move
Firm agrees first financial services deal for two years.
Union threatens Massmart-Walmart deal
Only senior management would benefit from deal, says COSATU.
FirstBank announces promotions
Nigerian bank appoints five to fill vacant and new roles.
Barings highlights emerging market growth
Domestic demand and strong balance sheets outshine Western economies.
African Bank issues R1bn bond
South African institution says new debt will trade from tomorrow.
Alinma Bank arranges nostro account with StanChart
First Islamic bank to open account for MENA-China settlements.
Angola receives US$350mn
IMF releases next tranche of stand-by arrangement funds.
QFIB sets up Islamic asset manager
Bank teams with Gulfmena Alternative Investments.
Dubai announces US$1bn bond
Emirate’s first sovereign issuance since Dubai World crisis.
Euroclear overhauls management
Chief administrative office role split between other directors.
Bosnia secures EIB loan
New funds will develop water and sanitation infrastructure.
Caxton FX names COO
Foreign exchange specialist hires former Northern Trust EMEA SVP.
Saudi banks are stable, says Moody's
Agency points to resilience and strong financial fundamentals.
Massmart confirms talks with Walmart
South African retailer approached by US giant over US$4bn deal.
BLME creates Islamic markets desk
Bank says move meets demand for shariah-compliant products.
Jeffries hires cleantech analyst
Investment bank names Gerard Reid senior researcher.
StanChart makes MENA appointments
New bosses and traders in financial markets business.
