Wealth Management
HSBC To Overhaul Bonuses
02/22/2012
HSBC, which will report its full-year results for 2011 next Monday, is to issue tens of millions of pounds in new shares to cover any bonuses of more than £50,000 awarded to UK-based employees, people close to the bank tell me.
Chastened UBS uses 150th events to polish image
02/22/2012
The bank has been back in the headlines for the wrong reasons this month after it posted poor results for the last three months of 2011 and over its involvement in a global inquiry into a conspiracy to manipulate interbank lending rates.
UBS launches Israel wealth management unit
02/22/2012
The reason we didn’t acquire a company is that there is no company or investment house in the market that suited the concept that we want to bring to Israel.
CME Group and Oman Investment Fund to increase investments in DME
02/22/2012
To build on the success of the partnership to date, the new arrangement puts a robust plan in place to grow the business and ensure that it continues to deliver value to its customers and investors. With the injection of new funds, the DME will retain it
BNP opens Dubai offices after Bahrain unrest
02/22/2012
BNP Paribas, the largest foreign bank in Bahrain, has opened two offices in neighbouring Dubai as part of a drive to protect itself against the disruption it faced during last year’s pro-democracy revolt in Manama.
RLPC-DIC may hand Travelodge keys to lenders
02/21/2012
DIC, the private equity group backed by state-owned conglomerate Dubai Holding, is unlikely to stump up any fresh cash after writing its 400 million pound investment down to nothing, the sources said.
Best airlines you've never heard of
02/21/2012
It is one of a series of ads from the airline that have become hits online, attracting viewers and probably more than a few new passengers to the flag carrier based in Doha.
Top PE manager acquires Aureos Capital
02/21/2012
With an operational presence in over 20 countries, $1.3bn in funds under management and over 250 deals completed in the SME segment in the last two decades, Aureos has built a reputation as the leading emerging markets private equity manager focused on SM
Baker Tilly keeps hold of 8th place global ranking
02/21/2012
The internationally renowned firm, presented in Kuwait by Baker Tilly Kuwait, an independent member of Baker Tilly International, has hold on to its ranking for three years in a row, buoyed by a 5 percent growth rate year-on year, and USD3.2 billion reven
Burgan unveils new premier banking identity
02/20/2012
The new debit Visa Platinum card for premier banking customers is designed to provide unmatched convenience and benefits with highly rewarding features, it stated.
IBQ Wins the 'Best Private Banking Services in Qatar'
02/20/2012
The Euromoney Private Banking Awards are the most prestigious in the growing area of wealth management. They cover over 60 countries each year, as well as global and regional awards. They are voted for by the people who know the industry best, the private
DIFCI hires Moelis for $1.25bn bond
02/20/2012
The DIFCI bond, along with a $2-billion Islamic bond from Jebel Ali Free Zone (Jafza) which matures later this year, are in the spotlight as investors weigh Dubai's refinancing risks in 2012.
