08/19/2019
Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019
CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli comes second by EGP 4.217bn
Wealth & Asset Management
08/13/2019
New Guernsey Finance BD Director looking to make a mark in South Africa’s private wealth scene
Guernsey is keen to grow its presence in the region, and Mr Crawford believes the country offers opportunities for the island.
08/11/2019
Saudi Prince’s Rise to Power Turns Him Into a Billionaire Boss
Mohammed Bin Salman’s grip on the House of Saud’s vast fortune is tightening.
08/07/2019
Dubai's Jetex moves into ultra-luxury concierge services, aircraft sales
The private aviation firm has a specialised department that helps plan trips that can include villas, butlers and private security
08/01/2019
StanChart first-half profit rises 3%, beats forecasts
The latest profit compared with the $2.23 billion average of 11 analyst estimates compiled by Standard Chartered.
07/25/2019
JP Morgan expects 10% annual growth in Mena wealth management business
A number of new sectors are being considered by Mena clients to boost their investment portfolio.
07/18/2019
Cyprus based firm acquires ME financial planning and wealth management company
“This gives our clients an even stronger and more diverse range of investment management skills and we believe this will enable us to deliver an even better investment proposition and service to our enlarged client base,” Mr Doherty added.
07/15/2019
Wealth Management Platform Market to Set Phenomenal Growth from 2019 to 2025
Some are the key players taken under coverage for this study are SS and C, Fiserv, Broadridge, FIS, Profile Software, Temenos, SEI Investments, Investedge, Finantix, Comarch, Objectway & Dorsum.
07/14/2019
Is Barclays planning to slash jobs in Dubai?
UK-based lender likely to lay off 20% employees in its wealth management division, reports Bloomberg
07/14/2019
Commercial Bank launches exclusive metal 'World Elite Mastercard'
We highly value our loyal customers for choosing us as their banking partners
07/12/2019
Barclays to Cut 20% of Jobs in Dubai Wealth Management Business
Layoffs include senior roles as well as support staff
07/10/2019
Global wealth continues to build beyond Europe
The ultra-HNWI population declined by 4%, and their wealth declined by around 6%.
07/04/2019
The pains of succession planning in GCC family businesses
Daniel Fleming, Head of Wealth Advisory, Middle East at JP Morgan Private Bank, sheds light on the changing trends amongst family offices and their investment behaviours.
07/02/2019
Mahendra K. Asher: The multi-millionaire who gave up the 'American dream' for UAE
He wanted to migrate to US, but that was before he came to the UAE
07/01/2019
KFH-Bahrain Wealth Management Department introduces sukuk and Lombard financing for its clients
KFH-Bahrain Wealth Management also offers a range of Sukuk to its investors allowing them the opportunity to gain exposure to Shariah compliant fixed income
06/24/2019
Global wealth expansion to support private banking
HSBC Private Banking attracted $10 billion net new money in Q1 2019
06/24/2019
Deutsche Bank helping Qatar raise funds to buy European football club
Several media reports have claimed Qatar is looking to buy British club Leeds United
06/23/2019
Mena emerges a key growth market for HSBC Private Banking
Bank targets double digit growth in client assets and revenues from the region
06/19/2019
HSBC Private Banking issues market outlook for Q3 2019
Bank sees many investment opportunities despite complex landscape
06/18/2019
KFH-Bahrain Offers New Products for Its Private Banking Clients
Wakala Investments Accounts” expands the choice of financial tools available to clients