UBS planning to open a new office in Abu Dhabi, while Ashmore chooses Qatar; JPMorgan to go on a hiring spree in the region
private banking
Latest in private banking
financial institutions
HSBC launches Global Private Banking in Kuwait
The launch marks expansion of the bank’s wealth management services in the Middle East
Asset Management
Preserving cultural legacy: Family office dynamics in the Middle East
Balancing tradition and innovation, Middle Eastern family businesses face the challenge of preserving cultural legacy while adapting to global economic shifts
Dubai
Bank of Singapore looks to double revenue from Middle East in 3 years
UAE, and in particular Dubai, have become key destinations for global millionaires post-COVID, says bank’s top official
banking jobs
Barclays boosts Asia wealth presence with plans to triple team size in India and Singapore
Barclays joins other firms building out wealth management teams in the region, including UBS Group AG and Julius Baer Group
banking business
HSBC hires senior private banking executive from UBS to serve wealthy Indians
Gautam Anand previously led a team at UBS that served wealthy Indians living overseas
banking business
HSBC returns to private banking in India with ambitious plans
HSBC’s efforts to convince prospective Indian clients that its wealth management services in the country will not make a retreat again are a linchpin for its ambitious plans there
Abu Dhabi Commercial Bank
ADCB Private and Wealth Management
An evolving and innovative private banking proposition in the UAE
DIFC
Habib Bank AG Zurich to open new location in DIFC
Switzerland-headquartered bank is extending its global network with a new branch in the region
Credit Suisse
Deutsche Bank hires Credit Suisse trio to woo Saudi ultra-rich
Deutsche Bank is looking to target the kingdom’s ultra-high net worth individuals and entrepreneurs
Barclays
Barclays expands ethical investment options for Gulf clients
Barclays has announced the launch of its two licensed Stoxx ESG (Environmental, Social and Governance) indices in the Middle East
Arnaud Leclercq
Swiss role: Arnaud Leclercq shares his private banking priorities
Arnaud Leclercq, Capital Partner at Lombard Odier, says why the Swiss private bank’s services focus on what really matters: the clients it serves
DenizBank
Emirates NBD announces $3.2bn deal to acquire Turkey’s Denizbank
Denizbank is Turkey’s fifth largest private bank with $37 billion in assets
Bernhard Hodler
Julius Baer: Banking for the Middle East’s ultra-rich
Julius Baer private bank CEO Bernhard Hodler on the importance of the Middle East, how FinTech is changing banking, and the risks of cryptocurrency trading
LGT
LGT in Dubai: The same strategies and solutions as the owners
Brand View: Finding what makes LGT successful
DIFC
Bank of Singapore eyes expansion Dubai as assets jump
Bank of Singapore’s assets under management have risen by around 30% in Dubai