Lombard Odier plans expansion in Middle East

12 October 2011 :Swiss lender Lombard Odier is planning to expand in the region with the opening of its new strategic hub in Dubai. With $167bn (Dhs613 billion) in assets under management, the private bank has been conducting business in the region since the 1970s but only opened a representative office in Dubai in 2007. The new hub will cover the Middle East, Africa, Eastern Europe and Central Asia .

Source: Ameinfo