GCC onshore asset management base to cross $500 billion by 2026
Around 70% of regional wealth in the Gulf Cooperation Council countries is currently held in offshore accounts, though that may…
Wealth and Asset Management
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GCC's asset management market to hit $500bn in onshore assets by 2026
Assets under management in the GCC are projected to expand above the global average to hit about $500 billion in…
Sohar International Recognized for ‘Best Wealth Management Services in Oman 2023’ at Global Business Magazine Awards
Testament to its unwavering commitment in providing excellence to customers, Global Business Magazine recently awarded Sohar International the esteemed title…
BNP Paribas' WM CEO for EMEA transitions to new post
BNP Paribas’ CEO of wealth management Middle East and Africa is transitioning out of this role, but will stay with…
Goldman to expand wealth arm in Emea, despite cuts elsewhere
Goldman Sachs is continuing to hire for its private wealth business in Europe, the Middle East and Africa, despite the…
Nomura launches international wealth management business in Dubai, opens new premises in DIFC
Nomura’s International Wealth Management business opens new office in DIFC to increase the footprint of its relationship managers and expand…
Goldman Lampe Private Bank Shields Clients from Scams and Fraud, Saving 150 Million Euros in 2022
Goldman Lampe Private Bank has revealed that its robust fraud detection and prevention measures have been instrumental in saving approximately…
Saudi National Bank was denied taking 40 per cent Credit Suisse stake: report
Saudi National Bank wanted to increase its stake in Credit Suisse to around 40 per cent from 9.88 per cent,…
QCB foreign reserves jump by 14% in June; central bank issues treasury bills worth $1.37bln
International reserves and foreign currency liquidity of the Qatar Central Bank jumped last June to reach QR240.742bn, an increase of…
HSBC in hiring talks with Credit Suisse key bankers in Qatar
HSBC is in talks with Aladdin Hangari, one of Credit Suisse’s top private bankers in the Middle East, as it…
UAE’s financial advisory market likely to hit $238bln
The financial advisory market volume of the UAE is projected to exceed Dh875 billion in 2023 on the back of…
ADCB Private and Wealth Management
ADCB Private and Wealth Management has grown rapidly into one of the largest private banking businesses in the UAE in…