Rich families question wealth advice A revolution is brewing for the wealth management industry in the Middle East, according to Shawn Mofidi, one of Citigroup’s top private bankers in the region who has quit to join Global Wealth Management, a Geneva-based boutique, as chairman ... Hard times for Middle East wealth managers Reality bites – and it has left a deep wound on the sometimes surreal world of Middle Eastern money. The grandiose building projects and extravagant bids for western trophy assets are being forgotten as the region feels the backdraught from the ...