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Wealth & Asset Management

05/02/2024

Deutsche Bank's Marco Pagliara on costs, cuts and Middle East collabs

The German private bank's new Asia head outlines the challenges of covering the market amid industry-wide cost-cutting and revenue contractions, and how he plans to focus on single-family offices.

05/01/2024

Dubai's 120 richest families and individuals own $1trln in wealth

The emirate is home to 68,500 millionaires with at least $1 million in liquid assets and 206 centi-millionaires

04/23/2024

SAB wins Euromoney’s ‘Best Private Bank in Saudi Arabia’ award for second time in row

This achievement reflects the bank’s continuous efforts in developing and delivering outstanding and innovative banking services to its clients.

04/23/2024

The great generational wealth transfer

A roadmap for ultra-rich UAE families to set up family offices

04/16/2024

The UAE is attracting HNWs – and wealth managers are following

Some 4,500 millionaires moved to the UAE in 2023.

04/05/2024

StanChart ties up with Old Mutual for wealth platform

The partnership is looking to expand in the Middle East, Africa and Southeast Asia.

04/05/2024

Egypt Post to establish $105.1mln asset management firm.

Ali added that the new company intends to launch new investment products in stocks, fixed-income instruments, and the establishment of investment funds of various types

04/04/2024

Dubai-headquartered Hoxton Capital Management hits $1.6bn AUM

The company has grown to 300 staff, with offices in the UAE, UK, USA, Europe, Australia and South Africa

04/01/2024

Bank Nizwa named Top Bank for Wealth Management in Oman at Cambridge Islamic Funds Awards

Accepting the accolade on behalf of the bank were Mr. Mohamed AlGhassani, Deputy General Manager Retail Banking, and Mr. Faisal Adawi, Head of Wealth Management and Sales

03/27/2024

World’s Best Bank Awards 2024 – Middle East

Banking has reached another watershed moment with the debut of generative artificial intelligence, which promises to rewrite the industry playbook

03/25/2024

Middle East’s best for UHNW: Emirates NBD Private Banking

Under the Dubai-based bank’s Lombard lending programme, clients have access to secured lending against liquid assets such as investment securities.

03/25/2024

QNB awarded Euromoney’s ‘Best Private Bank’ in Qatar

Euromoney’s recognition was based on comprehensive certified qualitative

03/25/2024

The Independent Wealth Offering in the UAE – Corecam's David Doerig on Aligning Strategies and Solutions to Drive Efficiency and Evolve the Proposition

He spent several years in Taiwan and Hong Kong in different positions before moving to Singapore over a decade ago.

03/21/2024

The Independent Wealth Offering in the UAE – Aligning Strategies and Solutions to Drive Efficiency and Evolve the Proposition

The accolade is a feather in the cap for GSB, which Ross and Alison Whatnall founded.

03/20/2024

Dubai royal nephew opens family office in Hong Kong

The family office is looking to manage up to $500m, considering opportunities in artificial intelligence, construction, electric vehicles, tourism and fintech.

03/06/2024

Citigroup Strategizes Family Office Engagement in Middle East for Wealth Management Expansion

Citigroup sets its sights on Middle East family offices to bolster its wealth management portfolio, leveraging Hong Kong's financial hub.

03/05/2024

Mashreq Sets Sight on Private Banking Leadership in the Middle East and Beyond

This forward-looking plan includes expanding operations into new markets including Egypt and other GCC countries

03/04/2024

Wealth firm Alti eyes Asian buys and Middle East launch with $450M war chest

Nasdaq-listed Alti Tiedemann Global has raised a $450m war chest to fund acquisitions and is eyeing up deals in Singapore and Hong Kong, as well as entering the Middle East market.

02/29/2024

Fadi Barakat on REYL Intesa Sanpaolo Finance’s Boutique Independent Offering for the UAE’s Dynamic Wealth Market

It believes that its position as a boutique independent wealth firm is ideal for achieving the best client outcomes and for the firm’s ongoing strategic growth.

02/29/2024

Saudi Wealth Fund Сan Sell More Bonds After Two Deals

The sovereign wealth fund sold $2 billion from an Islamic bond offering yesterday after raising $5 billion in January from the sale of high-grade bonds.

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Experts at FinTech Forward 2025 highlight Bahrain’s innovation and regulation

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