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

Broadridge Collaborates with AWS to Extend its Private Market Hub, the Industry-Leading Private Equity Blockchain Solution

Latest release adds connectivity to existing industry tools and technologies

Mashreq partners with Comarch to digitize wealth management and enhance customer experience

A comprehensive suite of new digital technologies as well as a strong client experience

Masraf Al Rayan launches high-end metal credit card

The “By-Invitation-only” the Visa Ultra High Net Worth metal card is now available exclusively to Masraf Al Rayan’s Ultra High Net Worth Private Banking Customers; it also offers cardholders faster and more convenient shopping experience

HSBC issues first green mortgages in the UAE

The three sustainable loans are also the first green mortgages issued by HSBC globally

Quilter Cheviot celebrates fifth anniversary in Dubai

2021 also marks the 250th anniversary since the inception of Quilter Cheviot in 1771 in the UK.

Citi retail units seen fetching $6bn as sales kick off

Citigroup ultimately plans to exit retail-banking operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam

GCC Family Offices, engaging in direct investment Private Equity deals really means finding the right partner.

The amount of people looking for family office capital rose dramatically.

Qatar Financial Centre Authority signs MoU with Labuan IBFC Inc enhancing

Asia and MENA financial sector ties

Wealth firm launches in Dubai under DFSA rules

Bold expansion plans include more staff and a larger portfolio of clients to offer relevant and customised solutions

Dubai improves ranking on lifestyle index as the rich continue luxury spending

Julius Baer Lifestyle Index 2021 is based on the prices of a basket of consumer goods and services that reflect the HNWI lifestyle

BMO refocuses Wealth Management business for North American growth, announces sale of EMEA Asset Management business

As part of the transaction, BMO and Columbia Threadneedle will also establish a strategic relationship to offer BMO's North American Wealth Management clients opportunities

Global Wealth and Lifestyle Report 2021: Key Findings

Julius Baer’s Global Wealth and Lifestyle Report 2021 explores the evolving world of high-end consumption.

Gulf states should not ignore value of talented, wealth-creating expats - PwC

PwC says increasing taxes could weigh on businesses and impede efforts to attract foreign investment

Labuan IBFC: The Fastest Growing Captive Insurance Centre in Asia and MENA

The report also indicated that although global captive numbers fell slightly in 2020, there was a surge in captive cell formations, which provides an efficient and convenient alternative to single parent captive structures.

Abu Dhabi investment firm buys UAE wealth manager

Company ‘aims to be the one stop shop for its clients’

Objectway As You've Never Seen It: A Tale Of A Rebranding

We pursue a different, fresher and original style; starting from the website to the product offering, the whole Objectway’s imagine experiences a radical metamorphosis.

Saudi asset management industry remains resilient, cautiously optimistic in 2021

Data shows Saudi asset management companies have recorded a steady growth in revenue, profitability and assets under management last year

Multi-Billion Dollar conglomerate acquires leading wealth and asset management firm

With the successful completion of this transaction, AIP is now owned by the investment giant Al Hail

Views From the Floor – Is Turkey EM’s Patient Zero?

We believe there are increasing opportunities from a sovereign distressed wave which is not yet being priced in, outside of Turkey, today; and our thoughts on the Oxford/AstraZeneca vaccine.

Art Dubai brushes away the blues, set to paint town red

This year, Art Dubai has moved to a new location at DIFC, in a purpose-built venue that ensures COVID-19 safety protocols.

Wealth & Asset Management