Investors lose over £20m to international Ponzi fraudster
He made people believe their pensions and savings were invested in foreign exchange trading
Middle East
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PEOPLE MOVES: Zurich, Hargreaves Lansdown, Transact
Insurer reshuffles global senior management, while platform’s head of research departs
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Credit Suisse discovers fraud in wealth management arm
It reportedly led to a loss of CHF10m
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UAE retail space ‘lagging behind rest of the world’
With regard to range and quality of funds on offer
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CII bolsters Saudi Arabia adviser education programme
It is a ‘very significant development for the Middle East’s insurance and financial planning sectors’
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PEOPLE MOVES: Sanlam, RBC Wealth Management, Deutsche Bank
South African firm reshuffles management team, wealth manager hires executive director in Singapore
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Ex-Guardian Wealth Qatar CEO hit with fine and ban
But financial hardship and coronavirus see the penalty commuted
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PEOPLE MOVES: HSBC Private Banking, AHR Private Wealth, JTC
Bank names Asian market heads, while UAE wealth firm hires CIO
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Bank of Singapore expands Middle East footprint
It has had a presence in the region since 1996
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Luxembourg firm receives approval for UAE funds launch
Financial advisers, intermediaries and institutions in the region will gain access to the products
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HSBC unveils trading platform for UAE wealth clients
It provides access to stock exchanges in New York, London and Hong Kong
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Online investment app opens services to NRI community
It has specifically flagged the UAE and Singapore as target markets