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

Qatar Exchange appoints new CEO

He is currently the deputy chief executive of the bourse

Former HSBC exec appointed as MD Coutts International, UK

joins from HSBC where he held several senior positions in the private banking division In this new role, Michael will lead Coutts’ Asia, Africa and NRI teams in London.　

Barclays strengthens its wealth and investment management team in the Gulf region

He held senior positions in regional and international organisations such as Kuwait Financial Centre "Markaz", National Bank of Kuwait and CIG Corporation.

Adia names head of principal investments

He will be responsible for overseeing the fund’s acquisition of equity stakes in private companies, ADIA said in a statement, adding he will report to Hareb Al Darmaki, executive director of the fund’s private equities department.

Job axe falls on Mideast bankers as global giants retrench

Investment banking jobs axed in Gulf, especially Dubai

BNP Paribas boosts real estate team

She will be in charge to develop and coordinate international operations for future global clients and more specifically to raise funds in Asia and the Middle East.

HSBC names head of EMEA credit research

HSBC Holdings said it named Lior Jassur to replace Ben Ashby as head of credit research for Europe, the Middle East and Africa.

Nomura Said to Cut Third of Dubai Investment Bank Jobs

Nomura is reducing four of 12 positions in Dubai

Coutts Hiring Private Bankers to Boost Mideast Business

The bank and rivals are recruiting private bankers

Bank Alkhair appoints new chief executive

Previously he served numerous international and regional institutions in an executive, board and advisory capacity, including Chase Manhattan Bank, Union Bank of Switzerland, Investcorp, Gulf International Bank, Ithmaar Bank and Alpine Wealth Management.

PineBridge Appoints ME COO

PineBridge recently received a Category 1 investment license from the Central Bank of Bahrain and to establish its regional headquarters in Manama.

Deutsche Bank Layoffs and Bonus Cuts Could Trigger Exodus

Analysts worry that the stricter rules could trigger employee exodus

Barclays expands wealth management capabilities in the Gulf

He has held senior positions in global financial institutions including HSBC Private Bank, Citi Private Bank, and ANZ Grindlays.

Arbuthnot Latham appoints Head of Middle East Private Banking

She has over thirty years experience in the private banking and family office sector, most recently as Head of the Mubarakia Limited Family Office

Mercer appoints region leader for Asia, Middle East, Africa and Latin America

He oins Mercer from Chartis, the P&C insurance arm of the American International Group, Inc. (AIG), where he was most recently Chief Executive Officer and Managing Director of Tata AIG General Insurance Company Ltd. in India.

Emirates NBD names ex-Barclays man group treasurer

Prior to joining Emirates NBD he was the Regional Treasurer for Emerging Markets/Africa with Barclays Bank

First Gulf Bank’s head of investment banking leaves

The bank is in the process of finding a replacement

Nomura hires Cottle as EMEA fixed income chief

Nomura has named Gary Cottle as its new head of fixed income for Europe, the Middle East and Africa (EMEA). Cottle will be based in London, and reports to Steve Ashley, global head of fixed income, and John Phizackerley, chief executive for EMEA.

UAE job cuts in H1 2012: Banking on escaping the pain

According to experts in the country, job cuts did not happen in a big way, but there are some in the industry who believe there were rounds of lay-offs, especially in the banking industry.

VTB Capital Appoints Head Of Turkish & MENA Financials Research

Akin Tuzun has been appointed as Head of Turkish & MENA Financials Research at VTB Capital.

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