• HSBC

Fleming Gulf is soon to launch its Private Banking & Wealth Management Forum

  • United Arab Emirates: Monday, July 28 - 2008 at 09:52
  • PRESS RELEASE

The MENA banking and finance sector has seen drastic developments in several areas especially retail banking, investment banking, and Islamic banking.

But the question that people ask is about the private banking and wealth management services.

Is today's high net worth individual getting the right investment plan, are private bankers skilful enough to provide adequate wealth management solutions both conventional and Islamic Finance, does the average private banker realize the subprime crisis may or may not affect the opportunities in the MENA region, are private bankers getting a chance to hear the voice of the customer, how the wealthiest families manage their wealth and secure it for the next generation; surely wealth management and private is one area in banking and finance that cannot be ignored as the MENA region hibernate a massive number of high net worth individuals and families.

Private bankers are ready to hear the voice of the customer and investors are seeking for opportunities.

Fahd Ali Akmal, Event Manager at Fleming Gulf quotes:

"Due to the subprime crisis MENA Private Banks & wealth managers fear that clients may not take up the opportunity to invest in their domestic market rather than overseas. However, one must understand how the subprime crisis can or cannot affect the private banking business in the MENA region. Ever since there has been a rise in oil prices and the US dollar value has been deteriorating, many investors have taken a U turn and are now seeking an opportunity to manage their wealth back at home."


After reviewing a series of successes in many banking and finance events, Fleming Gulf is proud to announce its upcoming senior management conference on Private Banking & Wealth Management Forum scheduled on November 25th & 26th 2008 in Dubai UAE.

It will help professionals from the industry and the HNW individuals to discuss about the most extreme issues that are being faced by both parties in the MENA region.

Specialized case studies and presentations will elaborate on the current happenings, best practices, solutions and the investor's opinion.

Fleming Gulf welcomes private bankers, wealth managers, and high net worth individuals from the MENA region to this inaugural event on Private Banking & Wealth Management Forum 2008 to explore the trends and opportunities for investors and private bankers in the MENA region and get to hear what the experts have to say.

This will surely be a good platform for such an audience as today's private bankers seek an interest to explore the needs and requirements of investors.
 
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