NBAD subsidiary in Americas renamed
NBAD established the subsidiary in Curacao in 1979 as Abu Dhabi International Bank N.V., and launched a federal branch in…
Wealth and Asset Management
4674 articles found
Dubai changes financial rules to lure richest investors
Dubai is changing its financial rules in an effort to attract more asset managers - particularly those serving the richest…
NBO Bags 3 Banker Middle East Awards
National Bank of Oman has scored a hat-trick at the Banker Middle East Product Awards Oman in recognition of its…
ADCB Launches Commercial Offshore Banking Products
Abu Dhabi Commercial Bank ( ADCB ) announced today the launch of commercial offshore banking products through its Jersey branch.…
StanChart Says Foreign Banks Struggle to Compete in Saudi
Local lenders in Saudi Arabia are dominating the market, prompting overseas banks to surrender their licenses as they struggle to…
Number of millionaires in Turkey increases
Some 70,714 Turkish citizens have over one million Turkish liras on their accounts, Anadolu news agency said Aug. 15 citing…
Wealth Management’s Profitless Boom Time by Phil Banas
The fundamentals underpinning the wealth management industry are excellent. The long-time underperforming developed economies have at last been showing signs…
Standard Chartered blames lower profits to margin compression
Standard Chartered Bank on Tuesday attributed decline in its UAE profits to heightened competition and margin compression in all major…
Standard Chartered points to rising competition as margins tighten
Competition in the country’s banking sector is intensifying, particularly when it comes to trade finance, according to the UAE chief…
Bahrain's Al Baraka State-backed Royal Bank of Scotland is preparing to offload the international arm of its private bank
Bahrain's Al Baraka State-backed Royal Bank of Scotland is preparing to offload the international arm of its private bank, separating…
Royalty Rules On Wealth-X’s Middle East Rich List
Prince Alwaleed bin Talal tops Wealth-X’s Middle East Rich List with an estimated net worth of US$30 billion, ahead of…
Banking On Technology
Banks in the GCC are leveraging the latest technologies to keep pace with a customer base whose members are increasingly…