Advance Search
IBM
LATEST NEWS
Sunday  20 July 2008
SECTORS
¤  Investment Banking

¤  Wealth Management

¤  Alternative Investments

¤  Retail Banking

¤  Islamic Finance

¤  Market/ Commodities/ Forex

¤  Commercial Banking

¤  Insurance

¤  Technology

¤  Results

Quick Poll

Has the Fannie and Freddie crisis, which has driven the dollar lower, going to force a rethink on monetary revaluation in the GCC?


RSS
Keep up with the latest news from CPI Financial and have jobs delivered direct to your desktop, by RSS feed.

TOP STORY
Updated: Sunday, July 20 2008
Calling time on Fannie and Freddie GCC banks hit by the Fannie and Freddie crisis
By: Mike Gallagher
Commercial Banking

Almost exactly a year after subprime hit, a new crisis has the potential to hurt Middle Eastern banks. The big question is which ones?

Read more_
OTHER TOP STORIES

» Sorouh, Orascom, Hydra and Capital Investment set up new construction JV in Abu Dhabi
» First Shari'ah compliant multi-asset class fund to gain admission to AIM
» Moody's publishes issuer report on Islamic Development Bank
» $3 billion drilling company launched by First Energy Bank
» Foreign investors purchase $525.7 million worth of shares on DFM
» Preliminary ratings assigned to Sun Finance’s UAE Sukuk
» Carlyle Group grabs 50 per cent of Turkish shipyard
» IDB approves $616 million for new projects
» GMFA raises $500 million through LSE IPO
» Abu Dhabi Islamic Bank posts record half year profits


FEATURES & ANALYSIS
What are the implications of the US government’s plan to shore up Freddie and Fannie?
The near-bankruptcy of The Federal National Mortgage Association (FNMA), better known as Fannie Mae and The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac has seriously rocked, not just the US economy, but also the global economy and has forced the US government to step to prevent the economic contagion from spreading. This report from Morgan Stanley takes a look at what US government intervention means for the fragile financial stability of the US markets
Moody's takes a look at Kipco
Kipco is expected to add more diversified minority stakes to its asset base, thus also improving the liquidity profile of its assets, according to a report from Moody’s. Its liquidity is currently strengthened by its substantial cash balance, although its short term maturities are currently higher than management's 20 per cent target
Golden sands
As the development of Gulf financial centres like Dubai, Bahrain and others continues apace, opportunities for financial technology suppliers appear ripe. Roger Aitken examines how far local exchanges and regulators have been driving the modernisation of the region’s market infrastructure
Features & Analysis archive
OTHER TOP STORIES
Investment Banking

»Moody's: Rating actions show credit quality weakening in 2008
»UBS opens equity research office in Dubai
Wealth Management

»First Shari'ah compliant multi-asset class fund to gain admission to AIM
»Under fire UBS hires Per E Larsson as MENA chief executive
Alternative Investments

»Sorouh, Orascom, Hydra and Capital Investment set up new construction JV in Abu Dhabi
»Carlyle Group grabs 50 per cent of Turkish shipyard
Retail Banking

»Burgan Bank completes transfer of majority stake of Jordan Kuwait Bank
»Emirates NBD begins integrating of its network of 474 ATMs
Islamic Finance

»Moody's publishes issuer report on Islamic Development Bank
»$3 billion drilling company launched by First Energy Bank
Markets/ Commodities/ Forex

»Foreign investors purchase $525.7 million worth of shares on DFM
»ADX and Standard Chartered sign custody agreement
Commercial Banking

»GCC banks hit by the Fannie and Freddie crisis
»Moody's withdraws ratings on CBK’s terminated euro CP/CD programme at the request of the bank
Insurance

»A.M. Best assigns A financial strength rating to Oman Insurance
»Advisers say life companies will have to change their business models,
Technology

»Sharjah Islamic Bank strengthens fraud and money laundering prevention processes
»Burgan Bank uses HP for disaster recovery solutions
Results

»Abu Dhabi Islamic Bank posts record half year profits
»QIB reports $234 million net profit for first half of 2008



Blog of the week

Infrastructure and agriculture
Infrastructure and agriculture in Asia are two of the major investment themes favoured by David Urquhart. Urquhart is invested in companies which play to the infrastructure and agricultural themes including Leighton and Incitec Pivot.

APPLY FOR NEWSLETTER

Subscribe to our newsletter and get news delivered directly to your inbox!





Alpen Capital
Sarasin Alpen
Home  /  About us  /  Subscription  /  Contact us

© 2008 CPI Financial. All rights reserved. No part of this website may be reproduced
or used in any form of advertising without prior permission in writing from the editor.
back to top