The firm has named Michael Zaremsky as head of US private banking
. He is to oversee regional US Private Banking
teams and will also ensure continued collaboration between the Private Banking
and Commercial Banking practices.
Sberbank's private banking
unit has captured first place in the rating of Russian banks since it was launched in 2016.
Over the last two decades, he has successfully led the Bank to become a well distinguished and profitable private banking
Commenting on the report, Nigel Sillitoe, CEO of Insight Discovery, said: "We are emphatically not the first researchers to look at the GCC's private banking
- Societe Generale Private Banking
, Gonzague de Cerval
MANAMA: HSBC Private Bank has announced that it has received two of the private banking
industry's most prestigious awards for its Middle East business.
The award comes in recognition of the nominations and referrals that Burgan Bank continued to receive, along with its continuous commitment towards implementing international best practices to ensure the delivery of a trusted premium private banking
services to its clients, a statement from the bank said.
Expert Sameer Nusairi told Aswat al-Iraq confirmed that "the development of the private banking
system needs governmental support for re-organization and development".
The future of private banking
in Iran is under a cloud as the state has moved in recent weeks to shutter three of them.
Lee Woon Shiu, head of wealth planning at Bank of Singapore, and Chee Fang Theng, Singapore-based director of international tax and trust law at law firm Pan Asia Wikborg Rein, teamed up to answer China Offshore Quarterly's questions on private banking
through offshore jurisdictions.
DUBAI: HSBC, Europe's biggest lender, is significantly scaling down its private banking
operations in the Middle East, two sources told Reuters, and HSBC said its top private banker in the region had been reassigned to London.