UBS Wealth Management pre-tax profit up 70%
UBS continued to successfully execute its strategy, improving performance in all its businesses to deliver adjusted pre-tax profit1 of CHF…
Wealth and Asset Management
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Advent Software rolls out new wealth platform
Advent Software has announced a major release of its cloud-enabled, end-to-end platform for asset and wealth management enterprises, which brings…
IKEA partners with Turkey's richest person to establish bank in Russia
Swedish furniture and household product retail chain IKEA will have Fiba Holding Chairman Hüsnü Özyeğin, also Turkey's richest person, as…
NBNK talking to Middle East sovereign wealth funds: source
New banking venture NBNK has held talks with Middle Eastern sovereign wealth funds to bolster its bid for 632 Lloyds…
Libyan wealth fund to appeal against asset seizure in Italy
Libya's sovereign fund said on Thursday it would appeal to recover around 1.1 billion euros of assets, including stakes in…
Know Your Worth Series: How much are UAE bankers paid
The past few years have been tough for consumer banking globally. After more than a decade of growth and strong…
Dubai CP launches Family Business Network GCC
The Family Business Network GCC, the first in the Arabian Gulf and the Middle East, was launched by H. H.…
Emirates NBD private bank CIO to join Coutts
Coutts has announced the appointment of Gary Dugan as Chief Investment Officer (CIO) for Asia and the Middle East.…
Top Dubai lender ENBD's Q1 profit beats forecasts
Emirates NBD, Dubai's largest bank by market value, reported a forecast-beating first-quarter net profit as a near 50-percent rise in…
Emirates NBD Private Banking organises private aviation meeting for HNWIs
The private aviation meeting was the first in a series of meetings by Emirates NBD Private Banking, as part of…
UBS Chairman Says Bank’s Reputation Will Play Role in CEO’s Pay
UBS AG (UBSN) will base Chief Executive Officer Sergio Ermotti’s bonus in part on the progress he makes in restoring…
Qatar sovereign fund exceeds $100 billion: top official
The assets under management by the sovereign wealth fund (SWF) of gas-rich Qatar have far exceeded $100 billion, Qatar Investment…