10/31/2018
Standard Chartered reports private banking year to date income increase
All figures are presented on an underlying basis and unless otherwise stated comparisons are made to the equivalent nine-month period in 2017.
Wealth & Asset Management
10/31/2018
Denizbank’s prospective owner ENBD’s profit rises 16 pct
The results were broadly in line with the average forecast of three analysts polled by Reuters for a net profit of 2.57 billion dirhams.
10/24/2018
Intesa Sanpaolo Private Bank secures Bahrain rep office licence
It is fully owned by Italy'sIntesa Sanpaolo.
10/19/2018
Julius Baer eyes acquisitions in Middle East and Africa as part of growth plans
The Swiss private bank says there’s clear evidence of wealth creation and growth in the region
10/18/2018
UAE is well placed to be a global private banking hub
Wealth management will create well-paying jobs in the financial sector
10/18/2018
Global wealth up 4.6% to US$317 trillion
Credit Suisse Research Institute publishes ninth edition of the Global Wealth Report
10/17/2018
High-Net-Worth Individuals View Real Estate as a Top Wealth Indicator
The latest report from Luxury Portfolio International®, Luxury Real Estate: What Matters Most To Today's Global Elite, shows continued interest in real estate as a wealth builder and deep emotional investment
10/09/2018
French queen Marie-Antoinette’s $3 million jewels arrive in Dubai
Jewellery pieces have never been seen in public for more than 200 years
10/03/2018
Fairway opens Bahrain office
The event will be attended by company directors, representatives from Jersey Finance and the Bahrain Economic Development Board as well as specially invited guests.
09/26/2018
World Finance announces winners of Wealth Management Awards 2018
The organisations recognised by the World Finance Wealth Management Awards 2018 have not only been able to do so, they’ve also helped the industry overcome a number of emerging challenges.
09/11/2018
Wealth management by algorithm
Sarwa combines technology and human advice to make investing easy
09/11/2018
Ultra-rich in the Middle East to rise 28% by 2022
“There has been a stabilisation in the growth of ultra-wealthy individuals,” said Winston Chesterfield, director of custom research at wealth data specialist Wealth-X.
09/10/2018
DIFC witnesses continued growth for Wealth and Asset Management firms
More than 200 asset management companies and specialist global advisors are now registered in the Centre, with over 60 significant funds domiciled in DIFC.
09/10/2018
State Street opens 2nd UAE office in Abu Dhabi
As a result of this optimism, 75 per cent foresee growing inflows into Gulf Cooperation Council (GCC) domiciled funds over the next five years.
09/06/2018
ibq wins "Best Private Bank" award from Global Banking & Finance Review in London
'Best Private Bank' Award reception was held at the London Stock Exchange Studios in London, UK
09/06/2018
New Report Reveals World’s Ultra Wealthy Population Growing at Nearly Four Times the Rate of Previous Year
This is a sharp acceleration from 2016, which saw only 3.5% growth of this population, reflecting more favorable conditions for wealth creation, despite volatile geopolitics.
09/05/2018
Investcorp acquires minority stake in top Swiss bank
The investment from Investcorp will provide PB with additional support to advance its growth strategy, enabling the bank to further broaden and enhance its commercial offering to clients, it stated.
08/30/2018
Famous Greek-Australian Chef to Create Dishes for Qatar Airways
The new choices of the menu will be introduced gradually, commencing with the route from Doha to Perth, Sydney and Adelaide, with Melbourne being the immediate next destination to include the brand new delicacies.
08/27/2018
Managing Wealth
With markets riding high and uncertainty growing, wealth management matters more than ever. Six experts offer their views on all things wealth related
08/15/2018
How Lombard Odier got into the Islamic investment space
Islamic Business & Finance sits down with Arnaud Leclercq, Limited Partner at Lombard Odier Group about the launch of a certified Shari’ah-compliant mandate aimed at GCC individual investors.