Assets under management in ME and S Africa jump 13%
Total assets under management (AuM) and profits have nearly regained the levels both had reached before the financial crisis, according…
Wealth and Asset Management
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Abu Dhabi sell £2.2bn stake in Barclays
The oil-rich Gulf state sold a 6.3pc stake in Barclays last month, according to a regulatory disclosure that confirmed that…
Al Khaliji named ‘Best Premium Bank
Al Khalij Commercial Bank (al khaliji) has been named “Best Premium Bank” in the Middle East by the Banker Middle…
Wealth management platforms continue to evolve
Over the past year, Celent has witnessed an evolution in how the wealth management platform is defined. There is an…
Investment boutique looks to Gulf region for IFA partners
Harwood Capital, which was founded by former National Bank of Abu Dhabi Group CIO Alan Durrant and former F&C and…
DIFC Strengthens Core Emirati Team
Dubai International Financial Centre today announced the appointment of Nashwa Zakaria as Head of Marketing and Corporate Communications at…
UAE Billionaire NRI buys Indian Bank Stake
UAE-based Indian businessman M A Yousuf Ali has increased his presence in the Indian banking sector by purchasing a 4.47…
CEO of deVere buys UAE wealth management firm
The founder and chief executive of the world's largest independent financial advisory organisation has confirmed that he has acquired Acuma,…
Julius Baer boosts Israel activity
Swiss bank Julius Baer, which specializes in private banking, has begun incorporating the activity of Merrill Lynch's wealth management division…
Dubai loses ground to London in battle of banking
In its ambition to rise to a global financial center, Dubai suffered a number of setbacks in recent months,…
Barclays replaces head of Middle East and North Africa
Barclays have announced the appointment of Cedric Lizin as Head of Middle East and North Africa to its Wealth and…
Investment boutique looks to Gulf region for IFA partners
A recently established London-headquartered investment boutique has revealed plans to build working partnerships with IFAs based in the Middle…