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

SG WealthTech platform StashAway launches HNWI wealth offering in the UAE

StashAway Reserve offers clients in the MENA region to access wealth advisory and private markets investment services.

Santander Private Banking expands global presence with first regional headquarters in DIFC

It will provide services for high-net-worth and ultra-high-net-worth individuals in the Middle East

EFG private banker relocates from Switzerland to Dubai

A private banker that has had stints in Hong Kong and Zurich, has relocated to Dubai.

Family offices confident recent growth in wealth will continue

More than nine in ten (92%) of those who have seen asset values increase expect even more growth over the next five years with 48% expecting dramatic increases.

Burgan Bank Expands its Private Banking Network to Include Al-Adailiya Branch

Confirming its commitment to offering high-net-worth clients a convenient private banking experience

Former BOS Middle East market head launches MFO

The multi family office, which currently operates as a team of five, is looking to provide wealth management services with a purpose-driven approach.

What are you seeing in the global private wealth industry right now? By Ernesto Mairhofer, Head of Private Wealth and Family Offices of Citco Corporate Solutions

Citco offers a fully comprehensive breadth of services that can be customized to fit individual client needs

JPMorgan Sets Up Dubai Private Banking Team to Tap Wealth Boom

JPMorgan’s international private bank is larger than any of its US rivals

Deloitte Private’s latest report in its Family Office Insights Series

The family office arena has been growing rapidly

GBST wins Best EMEA Wealth Platform Technology Provider for Composer at International FinTech Awards for the second year running

The award recognises the value that GBST’s Composer SaaS platform brings to leading financial organisations globally following its multi-million-dollar transformation to cloud-native architecture.

Nomura Unveils Hiring Plans for Wealth Management

There are currently 50 bankers in Hong Kong and 40 bankers in Singapore.

M/HQ Ranked Top for Private Wealth Management in Chambers Global 2024 Guide; Yann Mrazek Achieves Band 1 Ranking for 7th Consecutive Year

Clients also praise Yann for being ‘acutely aware of international market trends and the way UAE platforms provide useful solutions for clients.’

Survey: 71% wealth owners retain assets in one country

The survey reveals that 47% of family wealth consists of financial assets.

Capital Union Bank launches in Abu Dhabi

The bank launches with the former CEO of UCAP, Peter Albinsson, to head it in Abu Dhabi.

Family offices race to professionalise services amid industry surge

Governance, management and infrastructure have all improved – but there are still challenges on the horizon

Top family office trends in 2024: A Middle East perspective

ME PoV Summer 2024 issue

Ultra-net-worth, high-net-worth individuals fuel UAE’s strong investment activity

Through the first six months of the calendar year, DFM’s total consolidated revenue grew by 40% to AED305.7 million ($83.23 million), up from AED218.1 million in the same period of 2023

Kuwait’s Boubyan Bank selects Temenos to modernize retail, corporate and private banking platform

Boubyan is migrating to Temenos’ modern core banking platform to enhance business agility and operational efficiency

Titan Wealth to acquire Dubai headquartered wealth manager AHR Group

The acquisition of AHR is Titan Wealth’s first international deal

Indosuez WM opens desk for EAMs in Dubai

Indosuez also announced that it will open a desk for external asset managers (EAMs) in the DIFC.

Wealth & Asset Management