Swiss private bank Plans Hunt for African Rich With Wealth Management Expansion
UBS, the Swiss bank seeking to boost profit from wealth-management, said it plans to expand in Africa as economic growth…
Wealth and Asset Management
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Lloyds to close Dubai private banking business
Lloyds Banking Group, the lender bailed out by the UK government, is to close its offices in Dubai as…
Wealth Managers Face Tall Hurdles to Build on Rebound – RESEARCH
Faced with troublesome industry trends that will likely lead to lower growth and profitability over the next five years, wealth…
Leading Swiss private banking group establishes subsidiary in Bahrain
The Central Bank of Bahrain has granted an Investment Firm licence to Julius Baer Group to establish a full subsidiary…
UAE asset managers shun soft commission
The payment of so-called ‘soft commission’ to advisers in the United Arab Emirates by some asset management companies is…
NBAD appoints GM of Asset Management Group
Mr. Watts set up the Group’s fixed income business when he joined the Bank in 2010. Under his direction, the…
HSBC Enhances Investment Services for Affluent Customers
The platform will allow customers to expand their investment portfolios by accessing a broad range of products, including, mutual funds,…
Swiss private bank opts to groom wealth managers
Private banking giant Credit Suisse may have surprised some of its competitors with a move to hire fresh graduates…
New Shariah-compliant fund targets HNW's and family offices
SEDCO Capital Global Funds, the Luxembourg based asset manager and leading provider of Shariah compliant investment solutions, has announced the…
UAE emerges top investment destination for NRIs
It has extremely hot, humid and dry summers and hardly sees any rain at all, but the UAE is still…
Abu Dhabi Wealth Fund Cuts Reliance on External Managers
Abu Dhabi Investment Authority, among the world’s biggest sovereign wealth funds, is curbing reliance on outside fund managers and…
Former ABN Global Head of Private Wealth Management joins Dutch private bank
Van Lanschot today announced the appointment of Richard Bruens as head of its private banking business unit. Mr Bruens comes…