GCC Banks Rebound As Economy Recovers
Off the back of steadier results Gulf banks have been helped by a more in the previous year, 2013 was…
Wealth and Asset Management
4674 articles found
Noonan rejects €500m offer from Gulf investor for stake in AIB
The Government rejected a €500m approach to buy a stake in AIB from a Gulf-based wealth fund without even asking…
Bank Muscat among 20 global banks partnering FIFA World Cup 2014
Bank Muscat announced its exclusive positioning in Oman as the official Retail Banking Partner of FIFA World Cup 2014, at…
Dubai’s Mashreq in settlement talks with ING over investment ‘trickery’
Dubai’s Mashreq has agreed to settlement discussions in a lawsuit that it brought against ING Group in a New York…
Saudi Prince Alwaleed ready to heavily invest in Sierra Leone
The Chairman of one of the world’s most successful diversified investment companies has reiterated his interest to invest in Sierra…
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…
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…