Rothschild & Co is expanding its Middle East wealth business through a deal with Liechtensteinische Landesbank (LLB), as international banks beef up their offerings for rich clients in the fast-growing region.
The two-century-old bank, which opened a wealth management division in Dubai only last year, has struck an agreement with LLB to pick up its Middle East clients as the Liechtenstein-based bank retreats from the United Arab Emirates.
If LLB’s clients accept Rothschild as their new wealth manager, the bank said it would potentially pick up SFr1bn ($1.2bn) in assets as part of the deal.
您已阅读26%（594字），剩余74%（1720字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。