Saudi sovereign wealth fund takes stake in Kingdom Holding Company
Saudi Arabia’s sovereign-wealth fund has purchased a $1.5bn stake in Kingdom Holding Company (KHC), an investment firm owned by Saudi…
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Northern Trust names new country head for Saudi Arabia
Northern Trust has named Kholoud Al Dosari as the country head for the firm in Saudi Arabia. Al Dosari, who…
Deutsche Bank raids Credit Suisse team serving Saudi ultra-wealthy
Deutsche Bank has hired a Geneva-based team of three from rival Credit Suisse to serve its ultra-rich clients in Saudi…
BNY Mellon, SNB Capital to launch data management solution in Saudi Arabia
BNY Mellon is expanding its alliance with SNB Capital to develop transformative data management solutions in Saudi Arabia. As part…
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SNB Capital, BNY Mellon launch securities services in Saudi Arabia
BNY Mellon and SNB Capital, a unit of Saudi National Bank, have launched global securities services capabilities for institutional and…
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Credit Suisse bolsters Saudi business with new Riyadh outpost
Swiss banking group Credit Suisse has launched a branch in the Saudi capital of Riyadh to expand its wealth management…
BNY Mellon deepens Saudi Arabia push with NCB Capital tie-up
American investment manager BNY Mellon has joined forces with NCB Capital to offer custody and associated asset servicing activities in…
Natixis sets up corporate and investment banking office in Saudi Arabia
French investment bank Natixis has launched a Corporate & Investment Banking office in Riyadh, Saudi Arabia, after obtaining a licence…