Wealth managers target UAE

25 November 2007
Julius Baer has opened a second office in the UAE.

The Swiss wealth management firm opened a representative office in Abu Dhabi on 25 November to service local clients wanting to invest their wealth internationally. The firm launched operations at the Dubai International Financial Centre (DIFC) in 2004. The bank is the latest international wealth manager to open an office in the UAE, that include global banks such as Standard Chartered Bank that opened its Private Bank Middle East in the DIFC in June.

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