Rainy day fund managed by KIA had assets worth more than US$261bn
A rainy day fund managed by Kuwait Investment Authority had assets currently worth more than US$261bn at the end of…
Wealth and Asset Management
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NCB Capital honours accredited wealth managers
In an attempt to deepening its relationships with clients and provide them with an unmatched advisory services, NCB Capital, the…
RBC Boosts Middle East Wealth Fund Assets by 20% on Risk Profile
A Royal Bank of Canada executive said the cash, stocks, bonds and other assets it holds for sovereign wealth funds…
Citi CEO announces management team
Citi Chief Executive Officer Michael Corbat today announced the roles and responsibilities of the members of his management team and…
Credit Suisse plans new asset-backed bonus scheme
Credit Suisse is preparing to offload more risk exposure to staff in its 2012 bonus giveaway but significantly fewer managers…
The rich got richer again, according to billionaire index
The richest people on the planet got even richer in 2012, adding $241 billion (U.S.) to their collective net worth,…
Soaking the rich won't work
The decision by French actor Gerard Depardieu to flee to lower-taxing Belgium serves as a high-profile example of the folly…
Emirates NBD partners with Harvard Business Publishing
Emirates NBD celebrated the successful delivery of a new batch of the Managerial Leadership Program which was delivered in collaboration…
Coutts Wealth Watch – Gold exposure trimmed for first time since global crisis
Gold exposure trimmed for first time since global crisis We are reducing our exposure to gold for the first time…
Objectway acquires leading private client wealth management platform
Objectway Financial Software has announced that it has signed a definitive agreement to acquire the eXimius business of Thomson Reuters.…
Credit Suisse Names ME Equities Head in Dubai Cull
Credit Suisse Group has hired Ahmed Badr as head of equities for the Middle East and North Africa based in…
Credit Suisse Said to Cut Dubai Investment Banking Business
Credit Suisse Group, whose second-largest shareholder is the Qatar Investment Authority, is cutting its investment banking business in Dubai to…