European banking giant Rothschild & Co has doubled down on its UAE commitment by acquiring Liechtensteinische Landesbank’s (LLB) Dubai and Abu Dhabi operations, integrating 20 staff and approximately $1.2bn in client assets.

This strategic move strengthens Rothschild’s regional footprint with a 25-strong team in Dubai’s wealth management hub.

Rothschild’s regional expansion is a response to the UAE’s attractiveness for affluent clients seeking favorable tax, regulatory, and business environments. The firm opened its Dubai wealth management office in 2024 and launched an investment banking hub in Saudi Arabia the same year. These moves signal increased opportunities for European finance professionals and firms considering a base in the emirate.