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Wealth & Asset Management

09/03/2019

Credit Suisse and Qatar Expand Middle East JV

The deal comes as a further boost for the ties between the Swiss bank and the Qatari investors.

08/25/2019

Mauritius Commercial Bank opens an office in Dubai

In his new capacity, Graewert will be working closely with MCB’s senior management team and strategic business units based in Port Louis, Mauritius.

08/21/2019

Gibraltar-based firm eyes expansion after WM acquisition

It is ‘looking at obtaining licences’ to bolster its operations

08/19/2019

Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019

CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli comes second by EGP 4.217bn

08/13/2019

New Guernsey Finance BD Director looking to make a mark in South Africa’s private wealth scene

Guernsey is keen to grow its presence in the region, and Mr Crawford believes the country offers opportunities for the island.

08/11/2019

Saudi Prince’s Rise to Power Turns Him Into a Billionaire Boss

Mohammed Bin Salman’s grip on the House of Saud’s vast fortune is tightening.

08/07/2019

Dubai's Jetex moves into ultra-luxury concierge services, aircraft sales

The private aviation firm has a specialised department that helps plan trips that can include villas, butlers and private security

08/01/2019

StanChart first-half profit rises 3%, beats forecasts

The latest profit compared with the $2.23 billion average of 11 analyst estimates compiled by Standard Chartered.

07/25/2019

JP Morgan expects 10% annual growth in Mena wealth management business

A number of new sectors are being considered by Mena clients to boost their investment portfolio.

07/18/2019

Cyprus based firm acquires ME financial planning and wealth management company

“This gives our clients an even stronger and more diverse range of investment management skills and we believe this will enable us to deliver an even better investment proposition and service to our enlarged client base,” Mr Doherty added.

07/15/2019

Wealth Management Platform Market to Set Phenomenal Growth from 2019 to 2025

Some are the key players taken under coverage for this study are SS and C, Fiserv, Broadridge, FIS, Profile Software, Temenos, SEI Investments, Investedge, Finantix, Comarch, Objectway & Dorsum.

07/14/2019

Is Barclays planning to slash jobs in Dubai?

UK-based lender likely to lay off 20% employees in its wealth management division, reports Bloomberg

07/14/2019

Commercial Bank launches exclusive metal 'World Elite Mastercard'

We highly value our loyal customers for choosing us as their banking partners

07/12/2019

Barclays to Cut 20% of Jobs in Dubai Wealth Management Business

Layoffs include senior roles as well as support staff

07/10/2019

Global wealth continues to build beyond Europe

The ultra-HNWI population declined by 4%, and their wealth declined by around 6%.

07/04/2019

The pains of succession planning in GCC family businesses

Daniel Fleming, Head of Wealth Advisory, Middle East at JP Morgan Private Bank, sheds light on the changing trends amongst family offices and their investment behaviours.

07/02/2019

Mahendra K. Asher: The multi-millionaire who gave up the 'American dream' for UAE

He wanted to migrate to US, but that was before he came to the UAE

07/01/2019

KFH-Bahrain Wealth Management Department introduces sukuk and Lombard financing for its clients

KFH-Bahrain Wealth Management also offers a range of Sukuk to its investors allowing them the opportunity to gain exposure to Shariah compliant fixed income

06/24/2019

Global wealth expansion to support private banking

HSBC Private Banking attracted $10 billion net new money in Q1 2019

06/24/2019

Deutsche Bank helping Qatar raise funds to buy European football club

Several media reports have claimed Qatar is looking to buy British club Leeds United

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