moving distribution forward in the uae
Earlier this year, International Adviser online editor Simon Danaher hosted a roundtable with some of the leading figures from the asset management industry in the United Arab Emirates.
Earlier this year, International Adviser online editor Simon Danaher hosted a roundtable with some of the leading figures from the asset management industry in the United Arab Emirates.
HSBC’s Retail Banking and Wealth Management division reported a $6.65bn profit, constituting 29.5% of the total group pre-tax profit figure.
The Securities and Futures Commission has banned a former HSBC relationship manager from re-entering the industry for life.
Asia has topped an annual survey as the best place to live as an expatriate, with Thailand topping the list of destinations for “expat experience”.
Most years, press coverage of expatriate Britons and other Europeans and Americans in Asia tends to focus on those who have relocated to Singapore, Hong Kong and/or mainland China. This year, though, Thailand seems destined to steal at least some of the limelight.
HSBC Holdings has promoted two of its senior bankers in the British lender’s Middle East North Africa (MENA) region, following its former chief executive Simon Cooper’s departure to head up HSBC’s Global Commercial Banking division earlier this month.
HSBC has launched a new Ireland-domiciled ETF which will track the performance of large and mid-cap companies in both emerging and developed Asia.
A chief business strategist at HSBC, Peter Marber, has joined Loomis, Sayles & Company as its new head of emerging markets investments.
Barclays has announced it is to sell its retail banking unit in the UAE following the conclusion of a company-wide strategic review.
HSBC, one of the Gulf's largest international banks, is to stop offering wealth management products in Bahrain, Jordan and Lebanon, as it continues to shed its less profitable operations globally, following a strategic review.
The planned introduction of a fee regime for fund distributors in the UAE has been met with quiet dissent by some in the asset management industry.
HSBC has launched a short duration high yield bond fund focusing on provision of a total return and maintenance of a low interest rate.