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Press Releases

Alvarez & Marsal Releases UAE Banking Pulse Report for Q2 2020

August 24, 2020
Leading global professional services firm Alvarez & Marsal (A&M) has released its latest UAE Banking Pulse for Q2 2020. The report reveals that the top 10 UAE banks posted a 21.2% jump in their net profits for the April-June quarter, as a result of lower provisioning and increased cost efficiency.
Press Releases

Alvarez & Marsal Launches Restructuring Practice in Switzerland

June 30, 2020
Global professional services firm Alvarez & Marsal continues to expand its European business by strengthening its restructuring presence in Switzerland. A&M’s new Managing Director Alessandro Farsaci has joined the firm to build and lead the Swiss Restructuring practice.
Press Releases

Guide on Climate-Related and Environmental Risks

June 15, 2020
A&M proposes five steps that will help banks implement their ESL (Environmentally Sustainable Lending) framework in line with regulatory expectations; actions that should be considered in banks’ post-covid strategies.
Press Releases

Alvarez & Marsal Releases UAE Banking Report for Q1 2020

June 2, 2020
Leading global professional services firm Alvarez & Marsal (A&M) today released its latest UAE Banking Pulse for Q1 2020 . The report suggests that the top 10 UAE banks reported a combined 6.3% quarter-on-quarter (QoQ) drop in interest income, largely due to the low interest rate environment.