The IMF Lays The Groundwork For Global Wealth Confiscation
The International Monetary Fund quietly dropped a bomb in its October Fiscal Monitor Report. Titled “Taxing Times,” the report…
Wealth and Asset Management
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Dubai Financial District Looks to ‘Astronomical’ Growth in Asia, Africa
The Dubai International Financial Center is eyeing ‘astronomical’ economic growth in South Asia and Africa as it embarks on a…
Middle East banks face tougher compliance rules as sanctions bite
In a region as laden with sanctions as the Middle East, it is little surprise that compliance costs put a…
Coutts creates advisory board for its Middle East business
Coutts have announced the creation of an Advisory Board for its Middle East business. The Board will help to broaden…
Abu Dhabi Bank CEO Sees Lenders Stealing Market Share for Growth
United Arab Emirates’ banks will need to boost income from fees and steal market share from foreign rivals to compensate…
Middle East private wealth is now firmly back in growth mode
After a period of sluggish performance following the onset of the global debt crisis in 2008, Middle East private wealth…
HSBC Bank Oman announces three senior executive appointments
In a bold and overt move supporting the nationalisation agenda, HSBC Bank Oman has announced the appointment of three new…
Private Banking in the Middle East: a Review
After a period of sluggish performance following the onset of the global debt crisis in 2008, Middle East private wealth…
Israeli Banks Prepare for int'l Tax Evasion Laws
Customers are withdrawing money from Israeli banks as the UK, France, and Canada mull laws similar to the US's FATCA.…
Private Banking Special: Arnaud Leclercq, Lombard Odier
The past twelve months have seen positive business in the GCC for Geneva-based Lombard Odier, after poaching a number of…
Global fund firms fret over UAE fee structure
International funds selling investments in the UAE plan to lobby financial regulators to ease new product registration fees which they…
ADIB expands Gold Centre network to serve banking needs of affluent clients
Abu Dhabi Islamic Bank has opened its eighth "Gold Centre", expanding a network that provides specialised banking services to its…