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Wealth and Asset Management

09/18/2017

Old Mutual’s local shareholders to gain access to £1-trillion retail wealth market

The unit will list on the London Stock Exchange, with a secondary listing on the JSE, following the release of Old Mutual plc’s annual results in March and in order to complete the group’s managed separation.

09/18/2017

Four opportunities for independent wealth managers in Asia

The reasons make sense.

09/18/2017

European Wealth plans pivot to pension management

The company had earlier taken on short term bridging finance in order to repay a tranche of convertible loan stock.

09/18/2017

CIBC brand extended across North America

The PrivateBank takes CIBC name following June acquisition

09/15/2017

Opening global routes for wealthy Vietnamese

Many wealthy Vietnamese are also increasingly attracted to the concept of relocating to get access to higher-quality education for the sake of their children.

09/15/2017

Why bankers in Asia don’t like their jobs

Private banks in Asia have continued to bolster their compliance teams as the industry becomes more heavily regulated to prevent money laundering.

09/15/2017

Credit Agricole Sizes Up Opportunity in Asian Economic Growth

The firm’s private bank is already making moves to expand in Asia.

09/15/2017

Younger HNW clients ‘open for business’

The wealthiest U.S. households represent $2 trillion in total investable assets, Dovey said at SourceMedia’s Disrupt | Advice conference in New York City.

09/15/2017

Vistra to Acquire Corporate Services Business from Deutsche Bank

This additional expertise in the Capital Markets sector will have a significant impact on our Alternative Investments division

09/15/2017

Raymond James Hurricane Recovery Update

All associates are being paid their regular compensation regardless of work availability during the storms.

09/15/2017

Deutsche Bank Presses On With Wealth Business Consolidation

To do that effectively and efficiently, we need to choose.

09/15/2017

UBS Wealth Management Americas Downtown Los Angeles Branch opens state-of-the-art headquarters

The office is located in a twin skyscraper complex formerly known as the ARCO Plaza Towers and renamed City National Plaza in 2005.

09/15/2017

Bids for Old Mutual's funds arm headed by Richard Buxton due in less than three weeks

Old Mutual is reportedly aiming to sell the business for at least £500m.

09/15/2017

Investec warns six-month profit unlikely to be improved

Group revenue improved while expenses grew in line with revenue.

09/15/2017

Global private banking debate: Providers serve up the best of old and new

These clients tend to be ever-more global, with family members, bank accounts, mortgages and assets distributed across the world.

09/15/2017

Troubled wealth firm hit with further FCA restrictions

This business, which holds all UK assets on behalf of Beaufort Securities, had £65 million in client money as at December 2016, according to the firm’s latest accounts.

09/14/2017

Old Mutual Wealth's Feeney on the managed separation road

It also revealed that Old Mutual had put £200 million into the wealth arm to prepare it for its planned spin-off.

09/14/2017

A royal family office: LGT’s UK connections

The royal family attracted attention last year after acquiring a majority stake in Vestra Wealth in June 2016

09/14/2017

Julius Baer Chief Sees Asia Making Up a Third of Business

Hiring spree paying off in a ‘very big way,’ CEO Collardi says

09/14/2017

Citi Goes After Next Generation

Citigold Private Client offers clients access to both Citi’s consumer and institutional businesses.

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