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

Women and wealth: Is the financial industry misunderstanding women in the Middle East?

Women’s wealth in the Middle East is on par with many developed markets, something which has been widely acknowledged over the past decade.

Pagani, the Italian luxury hypercar manufacturer, opens first personalisation studio in Dubai

New office is in Dubai Design District; limited edition Huarya Roadster BC is on show!

A new decade, a new path for investments

“It’s a new path for investments, but sometimes, new paths lead you to the most interesting sights” says Willem Sels.

How Switzerland’s oldest private bank is evolving for its growing Middle East client base

Lombard Odier aims to keep up with the times by integrating technology, sustainable investing and Islamic finance

Family Office structures in the Middle East on the rise driven by global outlook

As a result, the research underlines a growing demand for legacy plans to be based on international best practice (58%) and greater awareness of the impact of governance and regulation (58%).

Qatar-backed private bank plots hiring spree in global push

Quintet’s expansion reflects intensifying competition in private banking

Julius Baer launches inaugural Global Wealth and Lifestyle Report 2020

The inaugural edition of Julius Baer’s Global Wealth and Lifestyle Report showcases the trends in high-end consumption around the world, which are of relevance to our clients.

Quarter of Middle East's wealth management clients planning to switch

Customers in the region are moving away from traditional wealth management providers such as private banks and fund managers.

23% of wealth management clients in Middle East are looking to switch providers over next three years: EY

Clients in the Middle East are more likely to reevaluate their wealth management providers

How a fake Saudi Prince conned investors out of nearly $8 millionu

Khalid regularly drove around the luxury enclave in a 2016 Ferrari California (with a base price of roughly $200,000) sporting diplomatic license plates and a security detail.

Kuwait Unicap pens $20mln credit facility agreement

Unicap aims to repay loans to local banks and increase investments in real estate

UBS overhauls European wealth management business - memo

It did not specify the extent of job cuts to accompany the revamp.

8 out of 10 millennials now prioritise responsible investing

Indeed, Environmental Social and Governance considerations now sit at the heart of that process.

Family businesses ‘stepping up offshore investment’

Many billions in assets are held by structures in the British Virgin Islands designed for wealth and succession planning purposes.

Mirabaud Asset Management wins large real estate advisory mandate

As adviser to the ultimate buyer, Mirabaud has demonstrated its due diligence, professionalism and its ability to facilitate the execution of a complex transaction in a timely manner, a key challenge in today’s real estate world.

National Bank of Oman Wins The ‘Best Wealth Management Business’ in Oman At the Asian Banker Awards in Dubai

Being recognized by the Asian Banker as best wealth management business in Oman is a testament to Sadara’s diverse and comprehensive product suite

World's Best Private Banks 2020: The Tough Get Going

While rising ranks of wealthy individuals support growth in private banking, these are challenging times for the industry.

Bahamas Showcased To Middle East Clients

The BFSB also arranged high-level meetings for Mr Johnson along with BFSB directors.

EFG International advisory office in Dubai to be fully operational next week

We are particularly pleased to welcome Sascha Pietrek to EFG

The direction for private equity and family office investments in the UAE

The drive for greater transparency will come as no surprise in the region Kathryn went on to add, as "the regulator is keen to reinforce the notion that there is no place for weak corporate governance.

Wealth & Asset Management