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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 recruit another 20 staff for the Qatar business, which will act as its second hub in the region. UB...
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 on the plans said, requesting anonymity because the details aren’t public. Appointments will incl...
(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 as relationship managers to build business with Qatari clients, the person said. The wealth managemen...