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Falcon Private Wealth Dubai now servicing from DIFC.

Falcon Private Wealth Dubai has received final licence approval from the Dubai Financial Services Authority (DFSA) to operate from the Dubai International Financial Centre (DIFC) with immediate effect.

Falcon Private Wealth Dubai has been granted final licence approval from the Dubai Financial Services Authority (DFSA) to operate from the Dubai International Financial Centre (DIFC). Under the '3c licence' type, the Bank will be in a position to offer customised financial solutions to our regional clients.

Falcon Private Wealth Dubai is a wholly owned subsidiary of Falcon Private Bank (Switzerland). Eduardo Leemann, Chief Executive Officer of Falcon Private Bank commented on the launch as follows, "Our new DIFC licence will enable us to strengthen our local wealth management capabilities and provide clients with even more customised financial services." Dr. Erich Pfister, Global Head Private Banking and Chairman of Falcon Private Wealth Dubai added: "This step emphasises our strong commitment to the UAE and aims to support our growth plans in the MENA region."

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Publication:CPI Financial
Geographic Code:7UNIT
Date:Mar 9, 2016
Words:176
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