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

Standard Chartered’s FY2022 results in Africa and Middle East announced

Record performance for the bank in Africa and the Middle East

Mashreq Private Banking: The ideal partner for a seamless wealth journey

Strong global presence allows institution to provide best-in-class banking experiences

Wealth resurgence offers opportunities

Banks in the UAE rush to take advantage of a booming market in private wealth

Qatar Investment Authority raises stake in Credit Suisse to just under 7%

The Qatar Investment Authority bought 139.03mln shares in the Swiss lender

Ahlibank launches brand new Digital Wealth System for its Wealth Management Customer

The launch of this state-of-the-art system comes in line with the bank’s digitalization efforts

Best Private Bank in Mena Region at 2022 WealthBriefing Mena Awards

Other awards included “Best Private Bank - Credit Provider”, “Best Private Bank Servicing The Expat Community” and “Best Real Estate Investment Proposition Or Service” at the 2022 WealthBriefing Mena Awards.

Burgan Bank granted wealth management licence

The licence, issued as a preliminary approval that’s valid for six renewable months, marks a new chapter for Burgan Bank in its pursuit of comprehensive financial excellence and offering premium advisory and management solutions to its elite cliente

SABB wins Best Private Bank in Saudi Arabia 2023

SABB was chosen for this award for its active contributions in the field of private banking services

Sohar International wins ‘Best-in-Class Wealth Management Service of the Year’ award at Signature Luxury 100

Nomura to Open Branch in Dubai for International Wealth Management

The establishment of the DIFC branch is a key initiative to further expand its client franchise and the footprint of its relationship managers.

Regional wealth management firm launches invest now pay later service

The service allows investors to start investing in private markets without funding the entire commitment from day one

Goldman moves more bankers to Dubai in Middle East push

Goldman’s net revenues in wealth management were $1.6bn in the third quarter

Two Industry Awards for LGT in Middle East

This makes it a worthy winner in the pure play category, it said.

Credit Suisse: The Saudis Are Aboard

Together, the transactions raised 4 billion francs for the troubled bank which is expected to help boost its CET1 ratio and support its strategic transformation.

Markaz named Best Private Bank or Wealth Manager Servicing the State of Kuwait by WealthBriefing

Reinforcing its institutional excellence in catering to client investment needs

Ocorian wins Best Family Office Service Provision

Each of these categories is highly contested and is subject to a rigorous process before the ultimate winner is selected by the judges.

REYL Finance MEA awarded "Best Overall Fund Manager - Regional/Global Reach" accolade by WealthBriefing

The WealthBriefing MENA Awards for Excellence are dedicated to celebrating excellence and rewarding achievement in the private banking and wealth management market across the MENA region.

Deutsche Bank Targets Asia, Middle East for Wealth Ambitions

De Sanctis highlights Saudi Arabia, Indonesia as key markets

GBST’s wealth management administration platform launches in UAE

The Middle East region has recently introduced BOD-49 regulatory changes, where all fees must be explicitly shown to the customer, and employee workplace saving schemes that both closely align with existing UK regulations.

MBS’s Credit Suisse Stake Isn’t Just Another Gulf Bank Rescue

With Saudi Arabia’s newfound swagger, SNB’s move isn’t just another bailout by a deep-pocketed Gulf investor.

Wealth & Asset Management