Tag: Private Banker

GUEST COMMENT: Private banking should be more than harvesting clients’ assets

I’ve worked in private banking for over 20 years across many different countries, but despite being based in the UAE for the last eight years, I am constantly astounded by the limited strategy put out by the banks hiring here. You can be a seasoned banker with an MBA under your belt, but the first [...]

By Anonymous, 31 August 2011 • 4 comments

Guest Comment: even senior private bankers make serious interview mistakes

Attending a job interview for private bankers these days is getting trickier than ever. After the era of hasty hiring (with little due diligence undertaken) just a few years ago, banks are becoming smarter and more cautious in their hiring approach. Private bankers can no longer ace their interviews purely with the promise of potential [...]

By John Koh, 31 March 2010 • 4 comments

Is the suitcase banker alive and well?

The era of the suitcase banker making frequent business trips to the Middle East may be long gone, but wealth managers aren’t averse to employing MENA-focused private bankers in places like Geneva and London. So, what’s the rationale for this? Developing on-the-ground contacts is integral to the success of wealth managers in the Middle East, [...]

By Paul Clarke, 22 March 2010 • 0 comments

Who hired in the Middle East in January?

Business plans for 2010 are in place, and sentiment around the Middle Eastern financial sector has taken a more positive slant. However, recruitment in the first month of this year remained relatively muted. Arab Banking Corporation has unveiled Dr Khaled Kawan as its new deputy chief executive. He will have responsibility for the group’s wholesale [...]

By Paul Clarke, 1 February 2010 • 0 comments

A GRADUATE GUIDE TO…Wealth management

As their name suggests, private wealth managers help very rich people to manage their money in private, far away from the prying eyes of the gossip columnists and paparazzi. They fall into two categories: · Private bankers – who help clients invest their money wisely and avoid any risks that might reduce the value of [...]

By Paul Clarke, 23 October 2009 • 0 comments

Islamic interest rises

Oil-fuelled wealth creation is driving high-octane demand for Islamic bankers in the private banking sector. Samar El Gazar, partner and managing director at Leaders Solutions, tells us international banks are running to catch up with local private banks offering Islamic products. Raed Sater, managing director at Edward W. Kelley & Partners, says that in the [...]

By Henry Harington, 12 June 2007 • 5 comments