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Private banks “ideally positioned” to help growing GCC family office space

Custodial services and succession planning are major gaps for the growing family office space in the Middle East that might be plugged by private banks, says survey. There has been “evidence of more formal family office models this year” in the GCC, notes Nick Tolchard, head of Invesco Middle East. The GCC, or Gulf Cooperation Council, is a regional political organisation…

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