QFB developing new open architecture platform for private banking clients

Qatar First Bank (QFB) is developing a pioneering open architecture private banking platform supported by an exceptional international network of partners. The platform offers shareholders and clients the opportunity to select from a wide range of investment opportunities and innovative financial solutions to grow, manage and protect their wealth and assets. “QFB is transforming from…

How private banks should manage difficult markets

The reality of today’s more complex and heavily-regulated financial industry means that private banks need critical mass – both to service clients effectively and also be profitable, says John Williamson of EFG International. Private banks around the world continue to grapple with the regulatory and reputational implications of the wave of transparency and other initiatives…

Deutsche Bank Profit Sinks but Beats Expectations

Figures are German lender’s first full quarter under a new structure announced in October Deutsche Bank AG on Thursday said first-quarter net income beat analysts’ expectations despite being pressured by difficult market conditions and the impact of the bank’s decision to exit certain areas. Net income declined 58% to €236 million ($267 million) compared with…