Monday, 23rd November 2009

 
  • From To

10 November 2008 - Press Briefing

BNP Paribas seeks Qatari licence for private banking

BNP Paribas is considering the likelihood of acquiring a licence from the Qatar Financial Centre to provide private banking and trade finance among specialised portfolios, according to a report in Gulf Times.

Jean-Christophe Durand, the European banking major’s regional director for the Middle East, said, “We are working on a business plan to help us initiate certain activities from the QFC.”

A licence “is definitely an option before us”, Durand added, as cited in the Gulf Times report.

Tags: BNP Paribas

Read the original

Most Read

  1. High net worth City workers mull relocating to Switzerland
  2. Miller wealth start-up eyes family office mandates
  3. Colonel Gaddafi's son buys £10m London property
  4. Lombard Odier hires from Coutts
  5. Blow for UK property barons as new venture posts £101m loss

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

Diary: Utopia for Yacht Lovers

Looking to get more from your yacht? Why not share it with others?

Related Content

  1. BNP Paribas serves up tennis champion training game

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347