Wealthtech Spending to Reach US$24B Annually by 2023
With COVID-19 accelerating digital transformation, wealth managers are expected to increase tech spending to reach approximately US$24 billion annually by…
Wealth and Asset Management
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Deutsche Bank appoints Loïc Voide and Kees Hoving as Co-CEOs for the Middle East and Africa
Deutsche Bank has announced the appointment of Loïc Voide and Kees Hoving as Co-Chief Executive Officers (Co-CEOs) in the Middle…
UBS makes sustainable investments the preferred solution for clients of its USD 2.6 trillion global wealth management business
Managing approximately half a trillion US dollars in core sustainable assets, this reinforces UBS’s nearly 25-year track-record in sustainable investing…
The Storm before the Calm or the Calm before the Storm?
• Brexit negotiations take a turn for the worse – sterling still at near term risk • UK and EU…
Standard Chartered Cuts Private Bank Jobs in London, Dubai (1)
Standard Chartered Plc has started cutting jobs at its private-banking unit in London and Dubai, as the emerging-markets lender trims…
Northern Trust Names Senior Appointments for Middle East and Africa Business
Northern Trust has announces two strategic appointments to its Middle East and Africa senior management team in The Kingdom of…
Sanctum Wealth: The Great Disconnect
In each of our commentary over the last five months, at the cost of sounding like a broken record, we…
Wealth management gets digital intervention
It would be a strong, yet a fair, claim to make that banks have had to change their business models…
Central Bankers – Finally an Admission of Guilt by Gary Dugan
Federal Reserve guides to lower for much longer. No major central bank minded to raising rates over the medium term.…
CEO Exits Private Bank Amid Dissolution
The CEO of the Swiss bank, in the process of being dissolved, is exiting. The exit is the latest chapter…
additiv targets Middle East expansion with new regional headquarters and appointment of Managing Director for UAE
additiv has announces the opening of a new office in Dubai as well as the appointment of a Managing Director…
Sovereign wealth funds stampede into stocks outside the U.S.
Sovereign wealth funds poured a net $7.1 billion into stocks during the second quarter, the most in several years, with…