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

Karnataka Bank in spotlight after tie-up with Bharti AXA

The announcement was made after market hours yesterday, 2 April 2019.

Alinma Bank wins ‘Best Digital Service’ award

The award was presented in recognition of Alinma’s efforts to digitize its customer experience in ways that bring convenience to its customers’ financial lives.

Qatar resists bank merger

The discontent among key shareholders adds to widening opposition to the deal, which Germany sees as a way to ensure financing to the country’s export-oriented economy during a downturn.

BNY Mellon Debuts Service to Evaluate Environmental, Social and Governance Factors in Investment Performance

BNY Mellon clients will have the ability to view their total ESG and UNGC scores on equities at the account level versus relevant benchmarks over time.

KAMCO Wins “Best Debt Bank in the Middle East – 2019”

Award winners were invited to attend the awards ceremony taking place later this year on October 19, 2019 at the National Press Club in Washington, DC.

Bank of America Merrill Lynch named "Best Foreign Investment Bank in the UAE" at EMEA Finance's Middle East Banking Awards 2018

For 11 years, EMEA Finance has recognized the achievements of the region's retail and investment banks, asset managers, and brokers

Mashreq Bank Launches Corporate and Investment Banking Talent Development Program

The program is structured as a six months full time engagement covering a wide array of topics to help participants shape into highly knowledgeable and skilled corporate and investment banking professionals ready for the real world.

EFG Hermes advising on $500m M&A deal in Saudi Arabia, more in pipeline

The bank’s head of investment banking also revealed it was also working on an IPO in the kingdom

Egyptian Bank EFG-Hermes Weighs South East Asian Acquisition

The bank this year plans to focus on consolidation in markets its recently entered, including those in Africa, Pakistan and Bangladesh.

Trade Bank of Iraq wins two top finance awards

TBI was presented with the ‘Best local Bank in Iraq 2018’ award in celebration of its far-reaching achievements in updating and upgrading the banking services industry in its home country.

Deutsche Bank sees up to 15% MEA revenue growth in 2019 as economies improve

The bank's regional chief executive is bullish on Saudi Arabia and the UAE markets

Trade Bank of Iraq promotes investment opportunities

TBI opened a representative office in Abu Dhabi in 2017 to help build similar relationships and increase the level of investment into the country.

Turkey explores investment opportunities in Zambia

He however expressed concern that the trade volume between Zambia and Turkey, which stands at US$ 22 million has remained relatively low.

Stanchart gets Saudi banking license

Standard Chartered licensed to launch banking operations in Saudi Arabia

Citi Wins Multiple Debt Capital Markets Awards

The awards were decided by specialist editorial panels based on pitching processes, feedback from industry participants as well as relevant market data and league tables.

Reforms attract more foreign banks to Saudi Arabia

Sumitomo Mitsui will provide a range of banking and consultancy services for Japanese companies in Saudi Arabia.

Standard Chartered: Ready to meet the needs of millennial clients

In conversation with Sonny Zulu, Head of Retail Banking, Standard Chartered UAE

Kuwait emerges as second largest M&A target market in GCC

The number of transactions in Kuwait grew by 163% between 2014 and 2018

SocGen says Saudi Arabia projects are top priority, plans to step up investments

Cohen said that the bank wants to play an important role in Saudi Arabia in terms of financing as well as advisory.

Societe Generale is upbeat about the Middle East's renewable energy finance market

French lender expects sovereigns and corporate sector to start adding green bonds to their funding mix