11/03/2016
Lombard Odier hires eight-person team from AlphaGen Capital
The Volantis team will join Lombard Odier's hedge fund strategies platform statement
Wealth and Asset Management
11/03/2016
Société Générale Beats Forecasts on Investment Banking Gains
ROE excluding non-economic items** of 9.7% in Q3 16 (7.0% in Q3 15)
11/02/2016
Argentina: Argentina To Amend Its Legal Framework For Private Banking
The outcome the authorities are working in the regulation.
11/02/2016
Private banks lacking scale exit Singapore
Eight foreign private banks have pulled out in the last two years, at a time of Asia's explosive growth in wealth
11/02/2016
Old Mutual disburses $2,2m for SME centre development
This development will not only improve the competitiveness of SMEs, but also enable to contribute to the development of economy
11/02/2016
Heritage Wealth Advisors Invest in Brookfield Asset Management Inc.Shares
Next Financial Group Inc acquired a new position in Brookfield Asset Management during the second quarter valued at $252,000.
11/02/2016
UBS to cut several dozen wealth management jobs
At the time, UBS said this would lead to staff cuts without going into specific figures.
11/02/2016
Endurance Wealth Management Lowers stake in JPMorgan Chase & Co.
JPMorgan Chase & Co. makes up approximately 1.79% of Endurance Wealth Management’s portfolio.
11/02/2016
Swiss Life Offers Asset Management to Private Clients
Swiss Life at the end of September launched two wealth management mandates
11/02/2016
Private banking recognition caps off momentous year for lombard odier
The recognition caps off a momentous year for the bank, having recently celebrated its 10-year anniversary in Dubai.
11/02/2016
Spear’s Wealth Management Awards 2016 winners announced
The 2016/17 edition of The Spear’s 500 was also launched on the night, releasing the names and rankings of the 750 top private client advisors
11/02/2016
Amid outcry over cross-selling, City National and RBC stick to their script
The bank even hired about 350 workers — there were no layoffs — and plans to hire at least that many more over the coming year.
11/02/2016
Canaccord Genuity Wealth Management operations continue to deliver stable earnings growth
During the second quarter of fiscal 2017, the quarter ended September 30, 2016, Canaccord Genuity Group generated $193.6 million in revenue.
11/01/2016
EFG Buys BSI for Reduced Price of $1.07 Billion
Following receipt of all required regulatory approvals, EFG International announces that it has completed the acquisition of BSI from BTG Pactual.
11/01/2016
DBS Still Has Room for ABN Amro
It was a shrewd deal by DBS, the extensive mass affluent numbers embedded in the ANZ business will provide a fertile pipeline for the private bank and the cost synergies are obvious..
11/01/2016
Hong Kong independent wealth association predicts strong growth
The Association of Independent Asset Managers of Hong Kong expects its membership to double in the coming year, as private bankers continue to break away from institutions to establish their own operations.
11/01/2016
News: Asia-Pacific HNWI assets elude wealth management firms
While trust levels are rising, it has not translated into more assets under management
11/01/2016
J. Safra Sarasin Group signs agreement to acquire Credit Suisse (Monaco) S.A.M. and Credit Suisse (Gibraltar) Ltd.
These acquisitions are an excellent strategic fit with the J. Safra Sarasin Group, and offer clients and employees a new powerful private banking service which builds on the best of two prestigious companies.
11/01/2016
Hong Kong independent wealth association predicts strong growth
The Association of Independent Asset Managers of Hong Kong expects its membership to double in the coming year, as private bankers continue to break away from institutions to establish their own operations.
11/01/2016
DBS Should Shun That UBS Wealth-Management Envy: Gadfly
That's either a heroic assumption or a large dose of UBS envy.