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private banking

Emirates NBD wins top global awards

Emirates NBD, a leading bank in the region, has won two major international awards for its outstanding performance and enhanced banking proposition in 2017.  The bank was awarded ‘Best Private Wealth Bank in the UAE&rsq

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KFH sees big surge in private banking portfolio

Kuwait Finance House-Bahrain (KFH), one of the leading Islamic Banks in the country and an integral contributor to the evolution of Bahrain’s Islamic financial sector, has recorded a positive surge in its private banking client portfolio,

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StanChart sets up private banking academy

Standard Chartered Private Bank has partnered with Fitch Learning, a pre-eminent training and professional development firm, and Insead, a leading business school, to create a bespoke training programme for its global frontline staff that will e

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Emirates NBD names private banking head

Emirates NBD, a leading bank in the region, has announced the promotion of Saod Obaidalla to executive vice president, head of Private Banking, assuming overall responsibility of the bank’s global private banking business. O

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Qatar First Bank to list shares in 2016, start private banking

Qatar First Bank (QFB) plans to list its shares on the Qatar exchange as early as the first quarter of 2016, the chairman of the sharia-compliant financial institution said on Sunday. "We hope by the end of the first quarter

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EFG International names new board member

EFG International, a global private banking group, has nominated Dr Susanne Brandenberger, a highly experienced risk management practitioner, to be a member of its Board of Directors. This is subject to regulatory approval as well

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Low oil prices: Window for GCC economies to diversify

While low oil prices are a challenge for oil exporting countries, it is also an opportunity for stable GCC countries to implement deep structural reforms and move towards becoming more mature and diversified economies, say experts.

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Emirates Investment posts 33pc profit rise

Dubai-based Emirates Investment Bank, a private and investment banking boutique, has posted a net profit of Dh30.6 million ($8.3 million) in the nine month period ending September, marking a 33 per cent rise over the same period of 2012.

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NBAD wins best private bank award

The National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, has been named the “Best Private Bank in UAE for 2012” in the fourth annual Global Private Banking Awards.  “At a time when private banking h

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Top European bank plans big ME push

LGT Group, the largest privately-held private banking and asset management group in Europe to be run entirely as a family business, is setting up its operations in Dubai, sources said. The Liechtenstein-based LGT is the latest private bank

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