Latest Business News: StanChart Banker Nelson to Take Helm at Dubai's ENBD

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Latest Business News: StanChart Banker Nelson to Take Helm at Dubai's ENBD

Latest Business News: StanChart Banker Nelson to Take Helm at Dubai's ENBD
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Latest Business News: StanChart Banker Nelson to Take Helm at Dubai's ENBD

by Wochit 0:59 mins

Emirates NBD's appointment of a senior Standard Chartered banker with Asia experience as its new group chief executive reinforces the trend of Gulf-based banks looking beyond their own region for their next growth phase. Shayne Nelson, currently based in Singapore as the British-based lender's head of private banking, will assume the top job at Dubai's largest lender when current CEO Rick Pudner leaves at the end of the year. While speaking about his company's new?Ascend P6, the world's slimmest smartphone, Huawei's CEO Richard Yu said that the Samsung Galaxy S4 is "just a so-so smartphone." And he said "Apple is now slipping, we want to go higher than them.? Americans' confidence in the economy rose to its highest level in more than five years, bolstered by a more optimistic outlook for hiring.

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