Is That Finance Internship Worth It?

Global Finance ranks National Bank of Abu Dhabi 35th in the world

I encourage them to also consider smaller but prospering financial service firms where we at the career center may have a strong alumni presence or have established a good professional connection. She says bigger is not always better; what matters is the richness of the learning experience the company offers. Parcells says that while many students have their hearts set on big-name companies, they end up completely happy with their experiences at a smaller, lesser-known company. You should consider any company willing to give you a valuable educational experience and training within your industry, he says. A big-name company with a large intern salary doesnt guarantee youll be getting an experience worthy for your resume. Schnur says it is definitely worthwhile to take an internship that is not with a company that you hope to one day work for.

Four GCC banks have been ranked amongst the top 50 global list. Canadian banks are once again the best performing in North America, with six banks in the top 50. But now US institutions are catching up, also boasting six banks in the top 50. Banks from Singapore are the strongest in Asia, as are those from Chile in Latin America. Once again the safest banks in Europe have explicit guarantees from AAA-rated governments.

Islamic finance body IILM sells debut $490 million sukuk

Finance Mon, Aug 26, 2013, 12:35 PM EDT – U.S. Markets close in 3 hrs 25 mins Stock Watch Islamic finance body IILM sells debut $490 million sukuk Reuters 3 hours ago +28.00 By Andrew Torchia DUBAI, Aug 26 (Reuters) – A consortium of central banks from Asia, the Middle East and Africa has taken a first step towards developing a cross-border market in Islamic financial instruments by issuing a $490 million sukuk. The three-month Islamic bonds, denominated in U.S. dollars, were issued by the Malaysia-based International Islamic Liquidity Management Corp (IILM). Its debut issue was fully subscribed, the IILM said in a statement on Monday.

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