The Mortgage Introducer Awards celebrates the industry’s best | Mortgage Introducer

The Mortgage Introducer Awards took place at the Tower of London last night, where 26 awards were handed out to the industry’s finest. Mortgage Advice Bureau was a big winner, taking home three prizes including Mortgage Introducer of The Year, while Richard Adams from Stonebridge Group won The Lifetime Achievement Award. Source: The Mortgage Introducer Awards celebrates the industry’s best | Mortgage Introducer

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CitiBank granted licence to open Abu Dhabi branch – ArabianBusiness.com

The Abu Dhabi Global Market (ADGM) has granted Citi a licence to set up a branch of Citibank NA at ADGM, it was announced on Tuesday. The visit was announced during a visit by Citigroup CEO Mike Corbat to Abu Dhabi. The branch is pending final approval from ADGM’s Financial Services Regulatory Authority (FSRA). Source: CitiBank granted licence to open Abu Dhabi branch – ArabianBusiness.com

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Jayne-Anne Gadhia to leave Virgin Money | Mortgage Introducer

Jayne-Anne Gadhia (pictured) is leaving Virgin Money, where she was chief executive. In June The Clydesdale and Yorkshire bank brands agreed a £1.7bn takeover of Virgin Money. While she is no longer CEO she has agreed in principle to support the group as senior adviser to David Duffy, chief executive of Clydesdale and Yorkshire Banking Group, for 18 months. Source: Jayne-Anne Gadhia to leave Virgin Money | Mortgage Introducer

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Santander appoints new chief executive – BBC News

One of Europe’s biggest banks, Banco Santander, has poached the head of investment banking at UBS to be its next chief executive.Andrea Orcell will replace José Antonio Alvarez, who has been at the helm since January 2015. He has been a long-standing adviser to the Botin family that controls Santander. Source: Santander appoints new chief executive – BBC News

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Revealed: Top 10 banks in the UAE – Gulf Business

Things have been on the up for the GCC’s banks, which collectively recorded a better year in 2017 despite slowing economic growth in the region as a whole.Banking activity was supported by a higher oil price and continued infrastructure investment as Gulf states diversify their economies in various ways. Commercial activity in the region expanded in 2017 and consumer confidence grew, albeit slightly. As a result, our list of the region’s 50 leading banks – ranking institutions in Bahrain, Kuwait, Oman, Saudi Arabia and the UAE – recorded higher net profit in 2017. Source: Revealed: Top 10 banks in the

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Emirates NBD expands operations in Saudi Arabia – Banking & Finance,Saudi Arabia – ArabianBusiness.com

Emirates NBD expands operations in Saudi Arabia Emirates NBD is the first non-Saudi bank to have a significant branch network in the country Emirates NBD has expanded operations in Saudi Arabia with the inauguration of its first branch in Jeddah and plans for two further branches in Khobar and Riyadh, the company announced on Monday. Source: Emirates NBD expands operations in Saudi Arabia – Banking & Finance,Saudi Arabia – ArabianBusiness.com

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Britons unprepared for a potential hike in interest rates | Mortgage Introducer

With today marking one month until the Bank of England (BoE) will announce if there is to be an increase in interest rates, almost half (47%) of Britons are unaware of a possible increase. CYBG’s digital banking service B also found over half (57%) admitted to not fully understanding how a rise in interest rates will impact their financial situation. Source: Britons unprepared for a potential hike in interest rates | Mortgage Introducer

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Advisers would recommend their careers to young people | Mortgage Introducer

Four in five (80%) mortgage advisers would recommend young people follow in their footsteps, a survey conducted by education body the London Institute of Banking and Finance (LIBF) has found. The majority (86%) find helping consumers achieve their life goals the most enjoyable and rewarding part of their job. Source: Advisers would recommend their careers to young people | Mortgage Introducer

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