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Wealth & Asset Management

12/09/2024

Praxis’ Lucy Kirby Wins Digital Leader of the Year at the 2024 Véyaon Awards

Sponsored by Sure Business, the award recognises Lucy’s “exceptional leadership, innovative approach, and her substantial impact on colleagues and the wider business community”.

12/06/2024

Wealth managers and financial advisers globally dial-up private markets allocations in response to shifting market dynamics

On average, most investor allocations to private markets are either 5%-10% or 1%-5% of portfolio exposures.

12/02/2024

BCG: UAE’s Net Wealth Reached USD 2.9 Trillion in 2023

Projections indicate the UAE’s financial wealth will continue to grow, reaching USD 1.5 trillion by 2028.

11/27/2024

HSBC GPB opens new office in Kuwait

The opening comes over a year after HSBC GPB's market head at HSBC Kuwait is Rayan Kazerooni joined.

11/27/2024

NBK Wealth hosts exclusive forum featuring global investment leaders

The conference, was attended by NBK Group’s Executive Management

11/25/2024

Lombard Odier wins two awards at the WealthBriefing MENA Awards 2024

This award recognises Lombard Odier as the leading international private bank with headquarters outside the MENA region.

11/25/2024

WRISE Group Launches WRISE Prestige in the Middle East

New business segment builds on the success of WRISE Prestige Hong Kong

11/22/2024

HSBC expands Global Private Banking in Kuwait

The launch of Global Private Banking in Kuwait is a significant milestone for HSBC and reinforces its commitment to Kuwait.

11/20/2024

Rothschild & Co continues Middle East expansion with new Wealth Management office in Dubai

The new Dubai office, located in Dubai International Finance Centre (DIFC) and already fully operational, is headed by Sascha Benz, a senior banker who has relocated from Rothschild & Co in Switzerland.

11/20/2024

HSBC expands Global Private Banking in Kuwait

HSBC Global Private Banking advises on a broad range of tailored solutions in Kuwait in line with international investment norms through a personal, bespoke services

11/15/2024

NBK Wealth named best Private Banking Services in Kuwait 2025

Global Finance announced the winners across various regional categories, drawing on comprehensive evaluations by the magazine’s editorial team.

11/05/2024

IQ-EQ sees uptick in family office set up services

The firm recently received its corporate license to operate in the ADGM.

10/31/2024

FAB and Gilded offer digitally enabled physical gold investments

For private banking customers, FAB and Gilded is introducing digitally enabled physical gold investments.

10/31/2024

QNB bags Global Finance magazine's Best Private Bank in the Middle East and Qatar 2025 awards

This accolade highlights QNB’s unmatched expertise in delivering superior wealth management solutions and personalised services to its elite clientele, in Qatar and the region.

10/29/2024

Maerki Baumann establishes Middle East Hub in Abu Dhabi

The focus of the new Middle East Hub will be on tech corporate customers in the Gulf region who rely on blockchain technology or crypto applications.

10/28/2024

UAE's economy to grow over 5% in 2025: UBS Wealth Management

The IMF recently maintained its forecast for the UAE’s GDP growth at 4%in 2024

10/25/2024

DIFC foundations: a unique private wealth structuring proposition

A DIFC foundation can be established to hold all asset classes for charitable and / or non-charitable purposes and has an independent legal personality, typically combining the features of both a trust and a company.

10/22/2024

Where can wealth managers find opportunity when assets are in flux?

Firms will come under increasing pressure to deliver best-in-class client experiences

10/18/2024

Where can wealth managers find opportunity when assets are in flux?

In other words, one in four wealth management clients around the world expect to move a material slice of their wealth between providers by the end of 2025.

10/15/2024

Gulf Bank honored with Best Next-Generation Offering award at the 2024 Private Banker International Global Wealth Awards in Singapore

Ahmad Al-Fuwaires: We have quality products and services designed to serve young affluent clients, tailored to their needs and lifestyles

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