06/02/2016
Singapore sovereign wealth funds bought $1 billion of Chinese e-commerce company Alibaba Group Holding Ltd's shares as part of an $8.9 billion sale by Japan's SoftBank Group Corp, Alibaba's biggest shareholder, the company said on Wednesday
06/02/2016
In a chapter of the report examining the existence of tax havens, the committee said it believed improving reporting and tax transparency requirements for companies in which the NOK7.
06/02/2016
This is expected to help position the firm - which currently has £2.7 billion of assets in its wealth management arm - for further growth.
06/02/2016
UBS analyst Colm Kelly said: “A ban on the charging of surrender penalties to enable more freedom around switching would have material consequences for SJP’s earnings profile.”
06/01/2016
Industry course adjustment: How wealth management is powering ahead
All four wirehouses reported declining AUM for the first quarter.
06/01/2016
The growth will come from new hires and an internal training program, Banks said. U.S.
06/01/2016
Investors must be properly educated on leveraged and inverse exchangetraded funds and what they should be used for or they risk big losses, warn wealth industry executives.
06/01/2016
Bank of America Corp's U.S. Trust business plans to add more than 100 financial advisers who cater to the super-rich as part of its strategy to grow wealth-management revenue
06/01/2016
This dissonance, PwC believes, leaves the wealth management industry particularly vulnerable to disruption from FinTech innovators.
05/31/2016
With banks around the world beginning to cut their dividends, Columbia Threadneedle's global equity income fund has shifted its focus towards the wealth management sector.
05/31/2016
In 2015 alone, Bank of Singapore said its employees clocked in twice as many training hours as they did the year before; client-facing staff averaged 90 hours of training.
05/31/2016
The new banking regime is effectively an expansion of the IoM’s existing class 1 banking licence through the addition of two new classes of licence.
05/31/2016
Harker said the wealth unit - run by Ian Chambers - was aiming to break even by the end of 2016 and to return to profitability through 2017.
05/31/2016
Macri yesterday said the money was deposited in Merrill Lynch accounts in Switzerland and the US, but it was transferred to the Bahamas after Swiss private bank Julius Baer Group bought the Merrill Lynch overseas wealth management unit from Bank of Americ
05/31/2016
To ensure good practices, suitability has to be documented for each and every trade, says Kuhn.
05/31/2016
Goldman Sachs International and UBS Limited have been appointed by Delta Lloyd as Joint Global Coordinators and Joint Bookrunners of the intended marketed offering.
05/31/2016
Furthermore, Investec W&I will work alongside the professional accountant body on two of its flagship events later this year.
05/31/2016
Clients in this category respond strongly to advisers who aren’t skilled only in asset management but who offer concierge-like services and a broad set of capabilities.
05/31/2016
Capital earmarked for charitable giving provides opportunities for healing, growth and empowerment
05/31/2016
The Association of Swiss Private Banks (ASPB) published today its Annual Report 2015, discussing events that influenced the key issues addressed by the ASPB throughout the year to the end of April 2016.