Swiss bank plans to double MidEast managed assets
Swiss private banking group Julius Baer is aiming to double its assets under management in the Middle East over the…
Executive Moves
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Curtis opens office in Kuwait
Curtis, Mallet-Prevost, Colt & Mosle LLP has announced the opening of an office in Kuwait in association with Mashora Advocates…
HSBC private bank scaling down in MidEast
HSBC, Europe's biggest lender, is significantly scaling down its private banking operations in the Middle East, two sources told Reuters,…
Head of Bahrain sovereign wealth fund quits
The head of Mumtalakat, Bahrain’s state holding company, has resigned after a four-year term to return to the private sector.…
JP Morgan Private Bank appoints head of investments for EMEA
JP Morgan named Peter Gabriele as head of investments for private clients in Europe, Middle East and Africa (EMEA). Gabriele,…
Former CEO of Barclays Bank (Suisse) resurfaces
Audi Saradar Group has announced the appointment of Mr. Philippe Sednaoui as the Chief Executive Officer of its fully-owned private…
VTB Capital's hiring spree signals global intent
VTB Capital continues its global expansion with a series of hires in its Middle East and Africa investment banking business.…
Hillary Clinton among contenders for World Bank top job
US Secretary of State Hillary Clinton and former White House economic adviser Lawrence Summers are two leading candidates to succeed…
Jobs at risk again at Dubai's Shuaa Capital after latest losses
Shuaa Capital reported its fourth consecutive year of losses and announced a further round of layoffs as its withdrew from…
Northern Trust strengthens alternatives group
Northern Trust has announced key appointments today to the Northern Trust Alternatives Group, building its capabilities in hedge fund and…
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Israel's Bank Leumi names new CEO
Rakefet Russak-Aminoach has been appointed as Bank Leumi CEO, the board of directors headed by chairman David Brodet decided today.…