05/18/2018
Red Alert at Falcon Private Bank
These are the losses which the small bank in Zurich owned by the Abu Dhabi state fund accrued in the past two business years.
Wealth & Asset Management
05/17/2018
Jared Kushner's Family Has Been Looking for Help With a Troubled Office Tower for Years. Qatar Might Bail Them Out
Vornado would continue to own the building’s lucrative retail spaces.
05/15/2018
Citi PB’s Rankin: Illiquidity tolerance has grown… here’s why
Rankin said that a greater understanding of thematic investing – such as following structural themes or so-called ‘mega trends’ – has also boosted this shift.
05/14/2018
Falcon PB rejects reports of potential sale
The statement comes following a Reuters report suggesting that Abu Dhabi state investor and Falcon owner Mubadala Investment Company has been trying to sell the bank.
05/10/2018
Dukascopy Bank SA launches new office in Dubai
The Dubai office team will assist prospects and clients from Dubai and from the Middle East in their dealings with the Geneva Headquarters.
05/09/2018
Middle East's best bank for wealth management 2018: Credit Suisse
That offering improved last year; Credit Suisse extended structured financing solutions to its ultra-high net-worth and corporate clients, thereby increasing its credit volume by double digits.
05/08/2018
Seizing the Global HNW Expat Opportunity takes centre stage
According to the company’s latest report, ‘Seizing the Global HNW Expat Opportunity’, 65% of wealth managers target HNW expats.
05/03/2018
Bank of Singapore is upbeat on its Middle East prospects after a sound start to 2018
The bank moved to its premises in Dubai International Financial Centre in 2016 and currently has more than one hundred employees based in the city.
05/03/2018
This billionaire has put half his net worth into gold
Nassef Sawiris, Naguib’s youngest brother and the richest man in Egypt, is the biggest shareholder and chief executive officer of fertilizer producer OCI NV.
05/02/2018
ADCB Becomes First Local Bank To Operate In Abu Dhabi Global Market
As a leader in the banking industry, ADCB joins an increasing number of important global institutions that have already established a presence at the ADGM.
05/01/2018
Dubai International Financial Centre Named best International Finance Centre at WealthBriefing European Awards 2018
DIFC offers a highly successful wealth management platform.
05/01/2018
Dubai tops New York, London & Singapore as preferred destination for GCC investors says luxury developer
Dubai’s ultra-prime property market can be as much as 60 – 70% lower when compared to Shanghai and Tokyo
04/24/2018
QIB relocates Private Banking Center to Al Sadd branch
The new Private Banking centre offers full banking services, privacy,exclusivity and personalized service at an easily accessible location in Doha.
04/24/2018
EIBank's 2018 GCC Wealth Insight Report: The UAE is the most appealing wealth management location for HNWIs in the GCC
HNWIs are more optimistic for the current and future outlook of the global and Gulf economies
04/22/2018
Study finds 45% of UAE HNWIs believe they will live to 100
The very wealthiest investors expect to live the longest, and they are the most willing to sacrifice wealth for better health.
04/15/2018
Mining for millennials
By 2020, the aggregated net worth of global millennials is estimated to hit between $19tr and $24tr
04/13/2018
Gold, Treasuries unloved as investors get their risk appetites back
The yield, which moves in opposite direction of price, on the 10-year note was up 3.5 basis points to 2.8248 per cent.
04/08/2018
Abu Dhabi Islamic opens new gold centre in Dubai
The launch of the 12th Gold Center complements other ADIB premium branches located across Abu Dhabi, Dubai, Al Ain and Sharjah.
04/01/2018
Global banking giant gears for new retail banking push in the UAE
Plans to expand its retail lending, liabilities and wealth management business to a wider audience.
04/01/2018
EIBFS joins forces with KPMG
This initiative was formalized and agreed upon by Jamal Al Jassmi, General Manager of EIBFS, and Emilio Pera, Partner - Head of Financial Services, KPMG Lower Gulf Limited, at the EIBFS campus in Dubai.