Barclays names ex-HSBC heavyweight as UAE private bank head

Barclays has tapped a former senior executive officer at HSBC to lead its private banking business in the United Arab Emirates (UAE). Based in Dubai, Farzad Billimoria will join the UK lender as head of private bank for the UAE on 1 July 2015, subject to regulatory approval, according to a statement on Thursday. The bank said Billimoria will be…

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