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UAE set for private banking gold rush on Asian U/HNWI influx

Photo by Nick Fewings on Unsplash

The private banking landscape in the Middle East is set to boom, driven by a surge in Asian high net worth individuals (HNWIs) seeking new opportunities, industry leaders in the region told Asian Private Banker. Rajesh Mahadevan, Deutsche Bank’s global head of South Asia and Africa (GSA&A), predicts sustained growth as more Asian HNWIs are drawn to the region, particularly…

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