Tarek Eido News Today

UBS will establish a new wealth desk in Dubai that will add coverage of Oman and Kuwait markets, and a dedicated sales team to capture business growth in the Middle East, according to an internal memo.

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UBS recruits for Qatar wealth management business Feb 12, 2021 By Nik Pratt Swiss bank UBS is closer to launching its wealth management business in Qatar after hiring a top HSBC private banker to lead the operation. Tarek Eido most recently served as the head of HSBC’s wealth management business but will now take on that role for UBS, as of March 1, reporting to Ali Janoudi, head of Middle East and Africa for UBS. According to Bloomberg, the Swiss firm is looking to...

UBS Boosts Middle East Expansion Drive With New Qatari Hub Bloomberg 2/5/2021 © Bloomberg Spy Scandal Leaves UBS Group AG With A Headache (Bloomberg) -- UBS Group AG is setting up a second Middle Eastern hub in Qatar that will eventually add investment banking and asset-management services to its wealth-management business as part of an expansion in the region. The new Doha wealth office will open within weeks and UBS intends to hire about 20 people by the end of the year, a person briefed...

(Bloomberg) -- UBS Group AG is setting up a second Middle Eastern hub in Qatar that will eventually add investment banking and asset-management services to its wealth-management business as part of an expansion in the region. The new Doha wealth office will open within weeks and UBS intends to hire about 20 people by the end of the year, a person briefed on the plans said, requesting anonymity because the details aren’t public. Appointments will include back office and support staff, as well a...

By Reuters Staff 2 Min Read FILE PHOTO: The logo of Swiss bank UBS is seen at a branch office in Basel, Switzerland March 2, 2020. REUTERS/Arnd Wiegmann DUBAI (Reuters) - UBS AG has appointed a senior HSBC banker, Tarek Eido, as head of wealth management in Qatar as the world’s biggest wealth manager prepares to open a wealth management office in Doha, according to an internal memo. The move comes after UBS signed a nonbinding memorandum of understanding with the Investment Promotion Agency o...