by Bloomberg Businessweek Middle East Dominic Dudley With more women and 'Generation Ys' becoming clients, private banks are having to respond to new demands Once a year, Azeemeh Zaheer, a vice president of Kuwaiti-owned Gatehouse Bank, travels from London to Jeddah. It’s not the sort of trip that private bankers usually make to the Gulf. [...]
by Dr. Daniel Diemers, Dr. Peter Gassmann, and Jihad K. Khalil (Strategy& Viewpoint, December 2014) Basel III forces regional banks to take a hard look at their capital allocation and deploy their capital more strategically by calling for higher capital requirements and more stringent definitions of capital. Financial institutions should consider the new rules as [...]
Published in The National, UAE (link) Author: Linday Carroll October 25, 2014 DUBAI // Efforts to promote the use of Bitcoin in the UAE have stalled amid uncertainty over how it is regulated here and in the wider region. “We reached a point where we are still uncertain about complying with regulations, which is where [...]
September 8, 2014 by Daniel Diemers and Walid Boustany Article published in: The Executive Magazine, Lebanon (Link) This article is part of an Executive special report on wealth management and private banking. Read more stories as they’re published here, or pick up September’s issue at newsstands in Lebanon. The GCC continues to be a standout region [...]
