Swiss private bank said to be up for sale
Faisal Private Bank, struggling since the collapse of property schemes in the Gulf and beyond, is up for sale after…
Wealth and Asset Management
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Capgemini and RBC Wealth Management to Partner on Leading Annual World Wealth Reports
Capgemini and RBC Wealth Management have announced their partnership to produce the highly respected annual World Wealth Report, now in…
DFSA Board appoints new chief
The Board of Directors of the Dubai Financial Services Authority (DFSA) have announced the appointment of Ian Johnston as the…
Swiss private bank Continues Expansion Drive in the UAE
Lombard Odier is reinforcing its commitment to the GCC region with the appointment of four seasoned relationship managers: Giridhar Bhatia,…
Bankers find it tough to tap Gulf region’s wealth
On a recent sunny day, Eric Swats, a fund manager at Rasmala Investments, sat under a parasol at a restaurant…
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…
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.…