Old Mutual Asset Management appoints Middle East sales head
Old Mutual Asset Management, the U.S.-based global asset management business of Old Mutual has announced that Richard Souri has been…
Wealth and Asset Management
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UAE's NBAD hires ANZ's James Burdett as group CFO
National Bank of Abu Dhabi has appointed James Burdett, previously a senior executive at Australia & New Zealand Banking Group,…
26,000 millionaires living in Dubai, says study
Dubai hosts a total of about 26,000 millionaires but that is not enough to propel the emirate into the top…
Dubai's Emirates NBD 4Q Net Profit Rises, But Misses Estimates
Emirates NBD, Dubai's biggest bank, on Monday reported an 8% year-on-year rise in fourth-quarter net profit amid a resurgence in…
Credit Suisse Bonuses to Include Bonds That Can Be Wiped Out
Credit Suisse Group AG, the second-largest Swiss bank, is paying part of 2013 bonuses to top employees in bonds that…
Standard Life appoints key Mideast head
Standard Life, a leading provider of long-term savings and investments, yesterday announced it has strengthened its regional senior team by…
There are more than half a million wealthy individuals in the GCC region with too few private bankers to serve them
Private banks need to establish a greater presence in Gulf Cooperation Council (GCC) countries and place more staff there if…
Independent Financial Advisory firm to service HNW's in the Middle East and South Asia
Alpen Asset Advisors Limited, the newly created Independent Financial Advisory and Asset Management Company is incorporated in the Dubai International…
Net wealth of Lebanese billionaires at $14bn
The Wealth-X and UBS Billionaire Census shows that the net wealth of billionaires in Lebanon reached $14bn as of June…
Island wealth managers target super-rich Asian families
Super-rich families in Asia, Latin America and the Middle East could be major targets for Bermuda’s wealth management industry, one…
Billionaire Alwaleed’s Kingdom Holding Posts 10% Rise in Profit
Kingdom Holding Co., owned by Saudi billionaire Prince Alwaleed bin Talal, said fourth-quarter profit gained 10 percent as the value…
Private wealth is increasingly shaping the world's real estate markets
Private wealth is increasingly shaping the world's real estate markets and the use of private equity in major property deals…