HSBC opens first Middle East wealth hub in Dubai to tap booming UAE investment market

HSBC has opened its first wealth management centre in the Middle East in the UAE - its biggest investment in two decades in its premier banking business - to tap the growing investment appetite of affluent investors globally, according to a top banker. The bank's 24,000 sq ft wealth centre started operations in Dubai on Tuesday, where some 90 relationship managers will cater to the investment needs of high-net-worth individuals in the United Arab Emirates. The country is one of the world's top destination ...