Managers of Wealth

LGT reports good half-year results despite difficult market environment

Strong net asset inflows of 7% and a rise in assets under management of 8% to CHF 143.4 billion

Morning Coffee: Credit Suisse’s “hasty and vague effort” against departing bankers.

The investment bankers denied this in affidavits, but the judge granted key provisions of the injunction, ordering a litigation hold and sending the conflict to arbitration.

Wall Street Redoubles Fight to Manage $100 Billion at Endowments

Almost 80 investment firms have sprung up to target foundations, family offices and colleges

Private-Banking Rebates Must End

An industry group under its umbrella is reviewing disclosure requirements, the MAS said.

Brodeski Ranked by Forbes as One of America’s Top Wealth Advisors

Savant Capital Management CEO recognized for outstanding quality, competence and core values.

UBS Sees Europe Wealth Hub Shrinking Assets, Costs

The bank will continue to streamline its operations once the move is complete.

Barclays on track for deals bonanza to lighten its balance sheet

This comes as the bank pares back its global footprint amid regulatory pressure and ultra-low interest rates.

Swiss Private Banking Gets the Shock Treatment

This has become even more pronounced in the past year: white-glove private banks aren’t earning any fees from clients who are hoarding piles of cash instead of trading.

FMA Liechtenstein and HKEX approve sale of Valartis Bank (Liechtenstein) AG

The approvals mean that the two major conditions precedent on conclusion of the sale's transaction have now been fulfilled.

Guernsey Finance Unveils New Brand To Promote Guernsey

The rebranding follows lengthy consultation with local industry focus groups and means that Guernsey Finance will promote the jurisdiction overseas under the brand of WE ARE GUERNSEY.

UBS Europe Ready for Takeoff, Paper Says

Only minor details are left to be finalized.

Swiss bank Pictet says H1 net profit down 16 pct at 191 mln Sfr

Geneva-based Pictet was Switzerland's fourth-biggest private bank last year behind UBS, Credit Suisse and Julius Baer.

Credit Suisse Asia Markets Bankers Plan Macro Hedge Fund

Head of cross-market trading and equity structuring to leave bank

Private Wealth Planning - Why Singapore

New wealth is growing in Asia

EFG Bank wins in Asiamoney’s Private Banking Poll 2016

It was a clean sweep for EFG Bank in Asiamoney’s Private Banking Poll, cementing a strong run that has seen in dominate in multiple categories over the past three years.

Banks doubledown on Asia’s rich

The growing ranks of Asia’s high net worth individuals are demanding that banks work ever harder to drive the cycle of wealth creation sweeping across the region.

How fintech is shaking up private banking, wealth

There are four areas where fintech firms are helping tweak businesses for private banks, wealth managers and financial advisers to boost capabilities.

Raymond James Financial Reports July 2016 Operating Data

The favorable year-over-year comparison was attributable to growth in the Private Client Group segment and Fixed Income division.

Quilter Cheviot plans active role in industry consolidation

Having Old Mutual as its parent provides London-headquartered discretionary fund manager Quilter Cheviot with a great deal of opportunity, said chief executive David Loudon, particularly when it comes to acquisitions.

European Wealth to overhaul charges as acquisitions boost FUM

The group has recorded a 12.8% increase in revenue to £4.4 million for the six months ending 30 June.

Wealth and Asset Management