Swiss private banki boosts ME team
Lombard Odier is continuing to expand its presence within the GCC region with the recent appointment of Patrick Crowley as…
Wealth and Asset Management
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1 million rich Gulf families own wealth worth $ 1.2 trillion
One million wealthy families in the Gulf Cooperation Council (GCC) countries own investment assets worth about USD 1.2 trillion, a…
Mobile millionaires place family and quality of life above business interests – RBC Research
A global, nomadic approach to personal and professional life is a key factor to the success of millionaires around the…
Falcon Bank Eyes More Buys After Clariden Deal
Falcon Private Bank, the Abu Dhabi-owned entity which bought the London unit of Clariden Leu, is eyeing more acquisitions in…
Billionaire's daughter with Saudi royal connections and husband 'with nothing but debts' spend more than £1m on divorce battle
A marriage between a billionaire’s daughter with royal connections and a husband with 'nothing but debts' has ended in a…
UAE bankers get the biggest salary hikes
Among the professional services sector, bankers in the UAE got the biggest pay hikes this year, says a recruitment expert…
US Justice Dept expands probe into Saudi bank licenses
A U.S. investigation into whether Barclays Plc paid bribes to win a banking license in Saudi Arabia has spread to…
Standard Chartered expects further $330m Iran fine
Standard Chartered said it expected to pay a further $330m (£205m) to settle allegations that it breached US sanctions with…
Positive sentiment revealed amongst wealthy investors – RESEARCH
Positive sentiment revealed amongst wealthy investors – Friends Provident International Investor Attitudes Report Strong sentiment in Hong Kong, Singapore and…
Global private banking group to be title sponsor of Sailing Arabia
Oman Sail today announced that EFG International, a leading global private banking group, will be the main sponsor of Sailing…
Do You “Like” Your Wealth Manager?
Responding to the startling rise of social media, the majority of leading private banks and wealth managers are improving in…
UAE tax treaties surge 40 per cent as wealth funds rise
The UAE is accelerating tax treaties with trading partners as global jurisdictions fight to win a greater share of taxable…