Falcon Private Bank: Middle East provides onshore and offshore growth.

The article reports on the move of Falcon Private Bank to expand its business worldwide. It anticipates that the bank's strategy will result in growth and a stable future customer base due to U.S. tax pressures. It forecasts that the onshore three million U.S. dollars-plus liquid wealth band in the United Arab Emirates (UAE) will expand by 13% compounded annually to reach 29.4 billion U.S. dollars in onshore liquid assets by 2015.