Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Markaz named Best Private Bank or Wealth Manager Servicing the State of Kuwait by WealthBriefing

Reinforcing its institutional excellence in catering to client investment needs

Ocorian wins Best Family Office Service Provision

Each of these categories is highly contested and is subject to a rigorous process before the ultimate winner is selected by the judges.

REYL Finance MEA awarded "Best Overall Fund Manager - Regional/Global Reach" accolade by WealthBriefing

The WealthBriefing MENA Awards for Excellence are dedicated to celebrating excellence and rewarding achievement in the private banking and wealth management market across the MENA region.

Deutsche Bank Targets Asia, Middle East for Wealth Ambitions

De Sanctis highlights Saudi Arabia, Indonesia as key markets

GBST’s wealth management administration platform launches in UAE

The Middle East region has recently introduced BOD-49 regulatory changes, where all fees must be explicitly shown to the customer, and employee workplace saving schemes that both closely align with existing UK regulations.

MBS’s Credit Suisse Stake Isn’t Just Another Gulf Bank Rescue

With Saudi Arabia’s newfound swagger, SNB’s move isn’t just another bailout by a deep-pocketed Gulf investor.

Swiss Private Banks Arab Bank (Switzerland) Ltd. and Gonet & Cie SA sign a strategic business partnership agreement

This partnership is also a unique opportunity for Arab Bank Switzerland to strengthen its wealth management offering and its position in Switzerland.

An Arab Bank Snaps up a Swiss Private Bank

Both banks will be in a holding company.

Wealth boom sparks private banking rush to UAE

A high oil price has boosted domestic business and family office riches, while turbulence in other wealth hubs is attracting talent and investors to the region at a rapid rate.

Credit Suisse Back in Vogue With Qatar Wealth Fund

Understandable given the bonds had coupons between 9 and 9.5 percent.

UBS looking to close dealmaking and advisory business in MENA region

The bank also decided to withdraw its on-the-ground activities in the last few weeks.

Saudi National Bank makes a financial investment in Credit Suisse Group as part of Credit Suisse Group's capital raise

Such a potential strategic partnership adds to the rationale of SNB's investment into Credit Suisse particularly given the highly attractive financial returns.

HSBC expands private banking to cater to UAE’s growing millionaires

The new private bank will cater to the needs of internationally-minded clients with investable assets of over $2 million

Global wealth set to contract over 2% in 2022

Average nominal growth of financial assets is expected to be at 4.6% until 2025, according to Allianz

Julius Baer expands its presence in the Middle East by opening a new Advisory Office in Qatar

The Bank and the Qatar Foundation also agreed on a partnership to support community impact engagements relating to youth.

Asia and Middle East Families Withdraw Assets at Credit Suisse

One Asian family office that pulled out cash said it was told by the bank that there was a queue of unprocessed transactions that resulted in some temporary backlogs.

KFH – Bahrain launches Wealth Management Platform

“We are already working on upcoming releases which will include additional personalised investment solutions that will further enhance our customers’ overall portfolio management.”

Global wealth firm opens Dubai office

In a bid to serve HNW clients with cross-border financial planning needs

Julius Baer is bullish on the Middle East as region outperforms global business

The Swiss private bank, with $442.7bn in assets under management, will open a new hub office in Qatar next month to boost presence in the region, chief executive says

Top Rothschild Banker Moves to Dubai

Rothschild’s Asia head of equity advisory Finlay Wright will relocate from Hong Kong to Dubai later this year

Wealth & Asset Management