03/06/2017
Swiss Banking Giant Can’t Be Sued in California
The bank withheld or destroyed internal records related to the accounts.
Wealth and Asset Management
03/06/2017
Global Wealth Management Change at Deutsche Bank
The bank will also abandon its plans to sell Postbank, and will integrate Postbank into the rest of its retail banking business.
03/06/2017
Lioncrest Global inks partnership pact for PE, venture capital deals
Said Tsung Yan Soo, founder and managing partner of Ops Capital: “Lioncrest Global has strong access into Greater China’s UHNW space, as well as to single family offices in general – client groups which are looking for opportunities to d
03/06/2017
Job losses likely as Standard Life and Aberdeen reveal £11bn merger terms
Deal expected to cut costs by £200m a year with planned merger set to push competitors to consider rival tie-ups
03/06/2017
Managers bullish on asset and wealth sector
Alignment in these two areas will be imperative in unlocking the revenue growth that they foresee.
03/06/2017
Macquarie, AMP take aim at ANZ’s wealth unit
The division is up for sale through Goldman Sachs, with documents for the divestment process expected to be on the desks of prospective bidders within weeks.
03/05/2017
Aberdeen and Standard Life enter into merger discussions
"Further to the recent press speculation the boards of Standard Life and Aberdeen confirm that they are in discussions in relation to a possible all-share merger," they said.
03/05/2017
EFG Bank Monaco crowned Sailing Arabia – The Tour champions
The reigning champions dominated the podium throughout the tour, winning four of the five offshore stages and one in-port race series.
03/03/2017
Credit Suisse sees more lending to the world's wealthy
Cross-town rival UBS does not give a breakdown of how it generates its net new money.
03/03/2017
New Training Available For Advisors To The Wealthy
Advisors must adjust their approach from one to one, to one to family if they want to help their clients achieve the financial legacy they desire
03/03/2017
Canaccord snaps up 100 clients from Duncan Lawrie
We look forward to welcoming our new clients on board and providing them with the exceptional quality of service and investment offerings that we are known for.
03/03/2017
WMA ditches FTSE as data provider on benchmark indices
The indices are the longest-running private investment, multi-asset index series in the UK
03/03/2017
Merrill Lynch debuts new mobile features
The increasing number of incumbents investing in mobile banking points to a fundamental shift in the industry
03/02/2017
Banking's Asset Management Puzzle
Switzerland’s two largest banks are best known for private banking and to a lesser extent as investment banking players.
03/02/2017
DBS CEO says wealth management to account for a fifth of bank's revenue
But the bank will continue to consider bolt-ons to expand its presence overseas.
03/02/2017
GAM Holdings 2016 underlying pre-tax profit CHF 120.1 million
Net outflows of CHF 10.7 billion due to heightened risk aversion among investors amid political and economic uncertainty
03/02/2017
Schroders Wealth Management net operating revenue increases 8%
Net flows in early 2016 were impacted by clients’ preference for private assets after limited market returns in previous years and also for property in the UK. There were total net outflows of £0.3 billion.
03/02/2017
OppenheimerFunds Offers New Program to Advisors Serving High Net Worth Families
Families today are relying more than ever on the wealth advisors who serve them.
03/02/2017
Safra Sarasin Group reports net profit increased of 9.4%
Net profit increased by 9.4% to CHF 252.1 million
03/02/2017
Julius Baer and GAM terminate brand licence agreement
Julius Baer allowed GAM to continue running Julius Baer-branded investment funds under a royalty-generating brand licence agreement.