Managers of Wealth

Neuberger Berman signs deal with private bank

Dik van Lomwel, regional head at Neuberger Berman said that the Italian market was important and that the deal was the latest collaboration with the bank since creating a private

Credit Suisse’s Thiam needs a new new strategy

Thiam’s grand plan was to double pre-tax profit in Asia from 2014 levels and in some areas of wealth management.

Rothschild, bucking trend, contemplates new hires in Russia

A wave of restructuring was likely to last until the middle of next year

UBS 2015 Bonus Pool Swells 14%, Ermotti Gets 28% Raise

The bonus pool swelled to 3.5 billion francs

UBS Publishes Annual Report 2015

UBS’s Annual Report 2015 and Compensation Report

China banks face credit risks from ties to wealth management products

The industry publishes aggregated data on where WMPs tend to invest, but the disclosures of individual products can be vague.

Julius Baer pulls out of bid for Barclays Asia private bank

The Swiss pure play had reportedly submitted nonbinding bids for the UK private bank in Asia, with Julius Baer group CEO Boris Collardi

Maps Maponyane joins Investec as brand ambassador

This brand ambassadorship came into fruition after Maps starred in an Investec video specifically targeting young professionals.

Lighthouse rejects Wealth managers bid

Listed on the UK main market and describes itself as a financial planning led wealth management firm

Barclays accused of ditching clients born in countries considered high-risk for money laundering

The blacklisting of the Syrian-born billionaire is not limited to just him personally.

Barclays maintains Premier League relationship with new deal

The British banking group agreed a three year contract with Premier League that will take it up to the end of the 2018-19 season.

Profile: Why European Wealth director Hearn is returning to his roots

European Wealth has developed from a fledgling start-up to a £1.2 billion welter-weight in less than six years, with acquisitions a key factor in its expansion plans.

UK asset managers face retail cost hit after any messy EU exit

With a referendum three months away, many asset managers are weighing how they might cope with a 'Brexit', including the possible loss of the right to sell funds freely across the bloc.

Credit Suisse sees trading boost from year-old digital platform

Some of our clients who usually place trades via their relationship managers are now trading global equities directly on the digital platform anytime at their convenience.

EFG International announces the official opening of its business in Chile.

The EFG Chile office operates in the country with a local brokerage license, enabling it to offer clients a combination of local and international wealth management services.

Jersey Finance announces 2016 GCC Roadshow events

Jersey Finance is delighted to announce our 2016 GCC Roadshow events, which will take place in Doha on Monday 18 April and in Dubai on Wednesday 20 April.

'You had me at Abu Dhabi'

Mark Peters, Head, Private Clients and Wealth Management – ADCB explains why it is so important to have a local private bank that knows its clients business from A to Z

China Offers Double-Digit Growth Opportunity to UBS’s Zeltner

UBS’s expansion in China comes at a difficult time for its wealth-management business, the firm’s largest unit, which posted a 47 percent slump in pretax profit in the fourth quarter.

New wealth reshaping product delivery in India

This combination of structuring and innovation has led to growth in the take-up of AIFs in recent years among India’s wealthy.

Santander Brasil eyes Citigroup unit to grow wealthy clientele: executive

Engel's remarks come less than a month after Citigroup unveiled a plan to exit retail banking and credit card operations in Brazil, Argentina and Colombia to curb costs and boost profitability.

Wealth and Asset Management