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

Credit Suisse Said to Cut Dubai Investment Banking Business

Two bankers will move to Doha from Dubai as part of plans to shift the regional investment banking department headquarters to Qatar

Liquidnet appoints EMEA head

Based in London, he will report directly to John Kelly, Global Chief Operating Officer at Liquidnet.

Ominvest CEO and board member resign

"The resignation of the CEO was not something that was expected, and there is no clarity on the reasons that led to his resignation," said an Oman analyst who declined to be identified, adding Azhar's departure came at a crucial time.

JP Morgan appoints EMEA banking head

The move is part of a global overhaul at JP Morgan

Morgan Stanley's mergers and acquisitions chief for Mena resigns

Mr Fort, an executive director based in Dubai, worked with the bank for nearly nine years advising some of its top clients in the region.

Swiss private banki boosts ME team

The bank is continuing to expand its presence within the GCC region with the recent appointment of a new Senior Vice President in the New Markets Group

BofA names new Mena executive

At Nomura, he was the chief executive for Qatar and the investment banking head the MENA region, responsible for the bank's capital market activities.

E&Y appoints Head of Credit Risk Control to Oman Islamic Financial Services

He is an Associate member of the Institute of Cost and Management Accountants of Pakistan and also an Associate of the Institute of Bankers of Pakistan.

AlKhabeer Capital appoints Chief Investment Strategist

In 2004, he was appointed as Managing Director in the investment bank of Credit Suisse (then, Credit Suisse First Boston) in London and headed the European Operations for its Buy-Side Insights Group.

SHUAA appoints new CFO

He has been Finance Director since November 2011

BNP Paribas CIB appoint EMEA banking head

Warburton’s appointment comes as part of CIB’s commitment to expand its business in several key areas

Alizz Islamic bank elects board

“This milestone marks a key step in our ambition for Alizz Islamic bank to become Oman’s leading Islamic bank.

Citi names MENA consumer banking head

"I am looking forward to working with the Citi team on the ground and further developing our business,"

QInvest appoints new CEO

The new joint venture represents an ideal platform to expand the client lists of both QInvest and EFG Hermes by providing a comprehensive suite of brokerage, asset management and investment banking services.

Senior bankers leave BofA's MidEast ops

A managing director with the bank for more than five years, has resigned and will leave at the end of the year,

Five senior QInvest managers leave after CEO quits

Shahzad was replaced by his deputy Tamim Al Kuwari, previously a managing director at Goldman Sachs.

British boss lost job for not being a Muslim, claims banker

A British boss lost his six-figure salary job at a Kuwati-owned investment bank because he wasn't a Muslim, a tribunal heard.

Dubai ruler trims investment firm board

Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum will continue as the chairman and Dubai crown prince, Sheikh Hamdan bin Mohammed al-Maktoum, will remain vice-chairman

QInvest CEO quits amid restructuring

I've completed a good part of what I was supposed to do

PineBridge names new marketing MD

This appointment reinforces PineBridge's commitment to diversity, especially at the senior management level.

On the Move