Emirates NBD
Banking group unveils wealth offering for UHNWs in UAE
As the region ‘fast emerges as the destination of choice for ultra-wealthy individuals’
PEOPLE MOVES: Canada Life, Banque Cramer, BRI Wealth
Chair steps down from insurer, while Swiss private bank names CEO
UAE bank partners with MetLife
Deal will give customers access to a range of life and health insurance products
UAE lender buys Turkish private bank for $3.2bn
Dubai’s Emirates NBD has agreed to buy Turkey’s Denizbank from Russia’s state-owned Sberbank for $3.2bn.
PEOPLE MOVES: Vanguard, Emirates NBD, VAM Funds
Vanguard has created a new head of European distribution (ex-UK) role, while Middle East bank Emirates NBD has lost its chief investment officer for the second time. VAM Funds has hired an ex-Zurich heavy hitter to make a Middle East push.