BNY Mellon, a global leader in investment services and investment management, has appointed Giambattista Atzeni to a newly created role as senior director for business development with BNY Mellon Wealth Management.
Atzeni most rec
HSBC Holdings will stop offering wealth management products in Bahrain, Jordan and Lebanon as the British lender continues to exit small or insufficiently profitable operations globally as part of a strategic review, the bank said.
HSBC has been named the "Best Wealth Management Firm" at the recent 2013 Banker Middle East Industry Awards in Dubai.
As the largest and most widely represented international bank in the region, with an unbroken presence
High net worth individuals (HNWIs) in the UAE are taking an increasingly active role in managing their finances, with 76 per cent citing investments as the most popular use of wealth, compared to 54 per cent in the region, a report said.
Falcon Private Bank, the Abu Dhabi-owned entity which bought the London unit of Clariden Leu, is eyeing more acquisitions in the boutique wealth management sector as the industry consolidates to cut costs, a top executive said on Monday.
Altaira Wealth Management, the Swiss headquartered wealth manager, has launched its Bahrain-based subsidiary, Altaira Middle East.
Based in Geneva, Switzerland, Altaira Wealth Management offers wealth management services to family offices
Bahrain-based The Family Office (TFO), a leading wealth management company, has strengthened its global position with the opening of a new office in Bangalore called TFO Management (India).
This will allow almost round-the-clock support to
Merrill Lynch Wealth Management has appointed Ahmed Barakat as United Arab Emirates (UAE) Market Manager with effect from July 25.
Barakat will be based in Dubai, reporting to Tamer Rashad, head of Middle East, Merrill Lynch Wealth Managem
Saudi-based Sedco Holding has announced the launch of a wealth management company based in Jeddah with a strategic asset portfolio of SR11 billion ($2.9 billion).
Sedco Capital offers asset management, advisory, corporate finance and custo