Dubai boat show to draw big spenders
Dubai International Boat Show (DIBS) this year will see a surge in the number of high net worth individuals (HNWIs)…
Wealth and Asset Management
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Dubai in vogue with financial services firms
The Dubai International Financial Centre, the financial services hub established by the emirate’s government, reported a 7% increase in active…
BankMuscat opens private banking branch at its HQ
AbdulRazak Ali Issa, chief executive of BankMuscat, inaugurated an exclusive branch for private banking at the bank’s headquarters in Seeb…
Former CEO of Barclays Bank (Suisse) resurfaces
Audi Saradar Group has announced the appointment of Mr. Philippe Sednaoui as the Chief Executive Officer of its fully-owned private…
HSBC To Overhaul Bonuses
I have learned that HSBC is to overhaul the way it pays bonuses to its UK staff in response to…
Chastened UBS uses 150th events to polish image
UBS (UBSN.VX) is using its 150th anniversary to try to rebuild an image tarnished by a $2 billion trading scandal…
UBS launches Israel wealth management unit
The UBS Wealth Management Investment House unit will offer clients domestic and international investment management in Hebrew. UBS chairman Kasper…
DIFC aims to double in five years
Dubai International Financial Centre, the emirate's investment market hub, has set itself the target of doubling in size over the…
Dubai: banks back in town
For Dubai, the Arab spring has been a boon, in finance as much as tourism. Dubai’s financial centre says financial…
CME Group and Oman Investment Fund to increase investments in DME
CME Group, the world's leading and most diverse derivatives marketplace, and Oman Investment Fund, a sovereign wealth fund of the…
Israel turns to central bank for SWF strategy
Israel’s planned sovereign wealth fund will be managed by the Bank of Israel, rather than a third party manager as…
BNP opens Dubai offices after Bahrain unrest
BNP Paribas, the largest foreign bank in Bahrain, has opened two offices in neighbouring Dubai as part of a drive…