Managers of Wealth

Will Swiss Banks Eventually Have to Leave Hong Kong?

The new requirement may put (Swiss) banks on a collision course with the basis of the initiative because they potentially could lead to human rights infringements.

All banks can learn lessons from ECB ICT risk survey

There are some recurring themes in the ECB report around ensuring appropriate IT skills in the boardroom, reducing reliance on legacy end-of-life (EOL) systems and considering how to manage change.

Schroders’ experts preview the 2020 US presidential election

Schroders’ experts share their views on the 2020 US presidential race; from what the polls are telling us, to the potential impact on markets and policy.

BNP Paribas Report reveals that Asia’s HNWIs are looking to Private Equity

The survey respondents had an average net worth of around USD13.4 million, the firm said in a press release.

Families Scramble For Citizenship Of The World’s Safest Countries

These countries are also seeing a surge in interest for citizenship and residency.

Escrow for super yacht transactions

Escrow is a legal term which means money, goods or a written document, held by a trusted third party, pending the fulfilment of some condition.

HSBC Private Banking: How investors need to position post-Covid-19

Here are some of the key challenges and opportunities that investors need to position themselves around for the world after Covid-19, writes James Cheo

Bringing Charitable Fiduciaries Up to Speed

Too many are still focused on capital growth of foundations rather than their charitable purpose.

The world has a new centibillionaire – Mark Zuckerberg

Facebook hit a record high on optimism about the release of its TikTok competitor Reels, shooting Zuckerberg's net worth over $100 billion for the first time.

Were you fired or retrenched? Your employer may not tell you the difference

More than 20 million Americans lost their jobs in April 2020.

Flexible working is here to stay for financial advisers

Advisers will also find socially distanced desks, hand sanitiser stations, one-way systems and personal protective equipment as commonplace.

Bank leaves interest rates unchanged, but its outlook remains uncertain - comment from Fidelity International

The good news is that activity seems to have picked up sharply since the April trough.

BofE Chris Bailey Commentary: We have seen a chink of light for UK economy

This is another positive signal at a time of still considerable uncertainty.

Gold rises above $2,000 mark on stimulus bets, weaker dollar

Spot gold was up 0.2% at $2,022.42 per ounce by 0032 GMT

BNY Mellon’s Slavin comments on the robustness of ETFs during the market volatility, and future trends

Slavin is in charge of the ETF business at BNY Mellon for all asset servicing for the ETF ecosystem that the bank supports, from custody, accounting, administration, liquidity, securities lending and foreign exchange, effectively the bank and middle offic

Comment & Analysis