Managers of Wealth

Wealth manager plans to add Hong Kong expats to court of St James’s

he move could presage long-term expansion overseas.

ClearView Wealth granted trading halt

The halt will remain in place until the opening of trade on Thursday 27th February 2014, or earlier if an announcement is made to the market.

Credit Suisse helped Americans hide $10bn from taxman, government claims

Operation allegedly included secret, remote-controlled lifts and bank statements hidden in Sports Illustrated magazines

Cost-cutting helps Butterfield to triple net income

The bank declared a quarterly dividend of one cent per share and, in addition, a special dividend of one cent per share.

Butterfield reports net income of $78.2 million

The bank declared a quarterly dividend of one cent per share and, in addition, a special dividend of one cent per share.

Former ING Asia Private Bank employee gets industry life ban

The case was referred to the SFC by the Hong Kong Monetary Authority.

Swiss bank EFG profit flat after charge for US tax probe

Excluding Switzerland, which experienced a modest outflow in the second half, all other private banking businesses were positive in relation to net new assets.

WH Ireland launches international business on Isle of Man

‘This new office reflects our strategy to grow our discretionary wealth management business.

Ashmore Group Declines as Investors Flee Emerging Markets

Clients redeemed $10.2 billion, or 13 percent of the company’s average assets, in Ashmore’s fiscal first half because of withdrawals in some fixed-income and currency investments, according to the statement.

River & Mercantile eyes float after merging with consultancy

All management and key staff will retain equity interests in R&M Group.

RBC Wealth Management net income up 3pc

Wealth Management net income was $235 million, up $6 million or 3% compared to last year, mainly due to higher average fee-based client assets resulting from capital appreciation and strong net sales.

Switzerland Shifting From Bankers to Bunkers in Data Push

The bunker deep in the Swiss Alps an hour’s drive south of Zurich was designed to withstand nuclear blasts and protect soldiers from a foreign invasion that never came. Today, it’s used to guard digital data.

Millionaire investor visa shake-up

A new proposal, currently under review by home secretary Theresa May, could revolutionise the UK "investor" visa, creating billions of pounds worth of inward investment for the UK.

Credit Suisse to boost assets of Japan private banking business

The second-largest bank in Switzerland is moving in the opposite direction of rivals like Societe Generale and Merrill Lynch, which have given up on their private banking business in Japan.

Stifel's Global Wealth Management revenues up 15 percent from the year-ago

Global Wealth Management revenues for the fourth quarter rose 15 percent from the year-ago

Morgan Stanley signals a new openness to acquisitions

The investment bank executive, who oversees the firm’s wealth management franchise and its investment management business, says Morgan Stanley is open to making acquisitions to grow the $373-billion investment franchise known as Morgan Stanley Inves

St James's Place eyes up Asian business as profits jump

In advanced talks to acquire international adviser business in Asia

Protecting Private Wealth from Europe to the Far East ...

As the world becomes increasingly interconnected, death and taxes (according to Benjamin Franklin) remain certaines in an uncertain economic landscape.

Close Brothers Asset Management launches Master Trust to support SMEs

Close Brothers Asset Management has launched a multi-employer master trust, known as YourWorkplacePension, to support SMEs approaching their auto enrolment staging dates.

Mexico’s Comerci Said to Seek Buyer With Rothschild as Adviser

Controladora Comercial Mexicana SAB, owner of almost 300 supermarkets and restaurants, has put itself up for sale and is asking potential buyers to submit offers

Wealth and Asset Management