Pakistan bank faces $629mn penalty in the US

Pakistan bank faces $629mn penalty in the US

Pakistan's largest private bank is facing a $629mn penalty in the United States over accusations of non-compliance with financial standards and practices at its New York branch.

QIB e-learning for employees focuses on operational risks

QIB e-learning for employees focuses on operational risks

Qatar Islamic Bank (QIB) has introduced a bank-wide e-learning programme to increase awareness about operational risks, the bank said in a statement.