Moroccan businessman Moulay Hafid Elalamy launches family-office arm from former SocGen bank to manage and transfer wealthy clients’ fortunes
Saham Bank launched the unit on 22 October as part of its transformation following Elalamy’s acquisition of the century-old Moroccan lender. The new operation, named Saham Bank, Private Banking & Family Office, will advise clients on investments, asset structuring, wealth preservation and succession. It will also assist wealthy families in…
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