Mahmoud: Islamic Finance Could Prevent Crisis
ADIB CEO Tirad Mahmoud discusses demand for ethical banking. He says the recent financial crisis spurred global interest in Islamic Finance, triggering banking reforms which will turn traditional banks into Shariah-compliant businesses.
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Why Building Blocks of Bank Profits are Under Pressure
43:41 - Credit Suisse Group AG unexpectedly returned to profit in the second quarter, with all operating units contributing to its first positive result since Chief Executive Officer Tidjane Thiam set out to overhaul the Swiss bank. BNP Paribas SA, France’s largest bank, posted second-quarter profit that was little changed as a surge in bond trading was offset by a drop in equities and low interest rates hampered consumer banking. Aviva Investors Chief Executive Officer Euan Munro discusses the banking sector with "On the Move" hosts Manus Cranny in London and Caroline Hyde in Berlin.