UBS to expand coverage in Oman and Kuwait with new wealth desk in DubaiIFM CorrespondentOctober 22, 2021 by IFM CorrespondentOctober 22, 2021 The new wealth desk will be headed by former Credit Suisse banker Georges El Khoury... Read more
UBS launches wealth management JV with Sumitomo Mitsui TrustWebAdminAugust 13, 2021 by WebAdminAugust 13, 2021 The new firm is called UBS SuMi TRUST Wealth Management... Read more
BlackRock’s wealth management JV to start operation in ChinaWebAdminMay 13, 2021 by WebAdminMay 13, 2021 BlackRock owns 50.1% of the joint venture... Read more
Saudi sovereign fund to set focus on public debtWebAdminFebruary 22, 2021 by WebAdminFebruary 22, 2021 Global funds are focusing on external partners to operate their portfolio and investments, while some funds such as QIC and ADIA have their own teams to operate... Read more
Saudi increases its holding of US stocks to $12.8 bnInternational Finance Business DeskFebruary 17, 2021 by International Finance Business DeskFebruary 17, 2021 PIF bought a $1.07 bn stake in Electronic Arts Inc and a $1.4 bn stake in Activision Blizzard... Read more
Grab’s head of wealth management to step downPritam BordoloiFebruary 10, 2021 by Pritam BordoloiFebruary 10, 2021 Chandrima Das, who joined Grab a year ago, will step down for personal reasons... Read more
HSBC expands wealth management footprint in ThailandPritam BordoloiFebruary 3, 2021 by Pritam BordoloiFebruary 3, 2021 The London-headquartered bank announced a new private bank in the country... Read more
Digital wealth manager StashAway announces AUM of $1 bnPritam BordoloiJanuary 27, 2021 by Pritam BordoloiJanuary 27, 2021 This makes StashAway the first digital wealth manager to manage assets worth more than $1 bn... Read more
Citi’s wealth management unit in UAE to triple AUM to $15 bnPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021 The bank plans to do the same over the next 5 years by increasing the number of client-relationship manager... Read more
JP Morgan seeks another Chinese wealth management JVPritam BordoloiJanuary 6, 2021 by Pritam BordoloiJanuary 6, 2021 JP Morgan is reportedly in talks with China Merchants Bank to set up an entity... Read more