Israeli bank looks to pull out of Swiss private banking
After 13 years of operations, Israel Discount Bank is considering selling its loss-making private-banking business in Switzerland, sources have told…
Wealth and Asset Management
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WealthBriefing GCC Region Awards 2014 – The Shortlist Of Potential Winners
Outstanding practitioners from the wealth management industry covering the Gulf Co-Operation Council region will gather at the Mina A’Salam in…
Gulf's growing private wealth needs more prudent handling
"With the growing size of private wealth in the Gulf, maximizing the returns on this wealth is today's most pressing…
Malta Woos GCC Investors As It Looks East
Eighty kilometres south of Sicily, Malta has historically been a Mediterranean nation that looked to align itself in trade and…
Luxembourg Roadshows Islamic-Compliant Government Bond
Luxembourg this week hosted a series of meetings with bond investors in Europe, Asia and the Middle East, with a…
SG Group set for balance sheet growth in Gulf region
French banking behemoth Société Générale is ready to deploy more capital and resources in the Gulf region particularly in Dubai…
Richest Indians in the world: 5 UAE residents shine
A new Forbes list sees five UAE-based billionaires emerge amongst the top 100 richest Indians in the world, with a…
Northern Trust Announces Leadership Changes to Global Family Office Group
Northern Trust has appointed Lesley Hodgson as senior director of its Global Family and Private Investment Offices group in Europe,…
UBS to close Representative Office in Dubai
UBS said on Wednesday it will close its representative office in Dubai and transfer the operations to Abu Dhabi, while…
EVestment opens Dubai office
The Middle East and Africa's growing institutional wealth and the increased globalization of the institutional investment industry are major factors…
UAE's high rank in global millionaire household index highlights need for prudent wealth management
Fortress Investments, a leading investment firm operating in the Middle East, has underlined the need for more prudent wealth management…
A tougher game
It is no secret that the management of other people’s money — especially of very rich people’s money — can…