Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Stronger than ever ties

This year has seen us expand significantly our cooperation into new areas such as defence, hydro-carbons, space and logistics.

UAE leads charge in Middle East M&A rally during Q4

80% of all activity was cross-border in nature in Q4

Mideast investors have reasons to retain trust in City

If 2017 transaction volumes are an indication, they will not let minor details intrude

Bank Leumi CEO in Talks to Take Pepper Mobile Bank Global

The 51-year-old CEO added that at Bank Leumi she plans to continue cutting costs at the same rate as in previous years

Kroll Report highlights heightened fraud, cyber, and security risks

Businesses reported all-time high levels of fraud (84%), cyber (86%), and security (70%) incidents.

Here is why millionaires continue to flock to UAE

Andrew Amoils, head of research at New World Wealth, revealed that the total wealth held in the UAE is $925 billion (Dh3.4 trillion) by private individuals

Middle East to benefit from pick-up in global economy, says Standard Chartered CEO

The bank is investing in its digital offering while beefing up its analytics capabilities

Foreign deposits in Qatar banks resume rising as embargo impact eases

Bankers say the vast majority of the four countries’ deposits in Qatar have now been pulled out, leaving little money left to withdraw.

Mideast M&A deal value grows by 21% in Q4, 17

Kuwait was the top target country by value, with $1.2bn from three deals.

How to remain relevant in the age of robots

Innovation - such an important factor in economic growth - happens faster in the banking sector.

UAE residents' investment pick is property

Property ranks above stocks, shares or bonds among survey respondents

GCC financial advisors positive about robo-advice

Adapting early to the new reality will open the door to profitable future growth opportunities.

UAE banks improve profitability on lower costs and higher margins

Higher lending in the second half and reduced cost of risk supported 2017 earnings

Saudi Wealth Remains Hidden as Government Pursues $100 Billion

In Singapore, a city-state of only 5.6 million people, the index tallies 14 with $85 billion.

QNB plans expansion after absorbing blockade shock

The bank is in talks with other clients seeking to finance their expansion, al-Kuwari said, declining to provide details.

Mizuho targets Mideast DCM with new Dubai branch

It said the branch will initially focus on the origination of DCM business in the Gulf Cooperation Council region.

Saxo launches new Essential account

Essential is underpinned by SaxoTraderGO, Saxo Bank’s platform built with OpenAPI technology offering functionality across the entire trade cycle – from pre-trade to execution to post-trade services.

HSBC named top trade bank in Qatar, world

“We have been at the centre of evolving trade dynamics in the past year and understand the complexities of a changing world. "

Prioritising future solutions

In an exclusive interview with Banker Middle East, Simon Eedle, Regional Head, Middle East at Natixis, discusses his vision for the bank’s future.

Currency in circulation outside UAE banks tops $18bn

The first quarter of 2017 saw the largest circulation of cash outside banks, which increased by the end of March to Dh65.4 billion against Dh62.3 billion in December 2016.

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