Financial and Banking News

ARAB BANKS ADAPTlNG SUCCESSFULLY TO A NEW ERA OF RISK TAKING

By Hikmat Sh. Nashashibi Chief Executive Al-Mal Group, London

(The following paper by Mr. Hikmat Nashashibi, Chief Executive of Al Mal Group in London, was originally presented to a conference of the Arab Bankers' Association in London last month).

Securitization, globalization and deregulation of markets, institutions and instruments, are the basic changes characterizing the new era of...