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Wealth and Asset Management

02/18/2016

Credit Suisse poised to cut 200 jobs at its London office

Credit Suisse is not the only financial institution to streamline its operations.

02/18/2016

Credit Suisse Investor Herro Backs Thiam on Overhaul Plans

It should be managed to generate consistently solid returns, not “recklessly abandoned.

02/17/2016

Bank of the West Promotes Members of its Southern California Wealth Management Team

"It is rewarding that clients are looking to Bank of the West for solutions to their wealth management needs," said Edward Mora, senior vice president and regional manager in Bank of the West's Wealth Management Group.

02/17/2016

Knight Vinke sells UBS stake after failing to win strategy change

We can confirm that we sold our position in UBS towards the end of 2015, realising a substantial gain for our investors.

02/17/2016

European Banks' Woes Aren't Fully Justified, Say Wealth Managers

Wealth managers ask whether some of the sharp selling of European banks' shares, and fears about their overall health, are really justified at current levels.

02/17/2016

Morgan Stanley Wealth Management Launches new manager analysis screening and scoring process

As the ‘adverse’ denotes, one of the keys to the process is finding fixed income managers that have been able to outperform their peer groups in environments that have been unfavorable for active manager relative performance

02/17/2016

Robo financial advising on the rise, but gen Xers still prefer the human touch

“Robo-advisors are generating a lot of buzz in the personal finance world, but when it comes to fully relying on them, both Gen Xers and boomers hesitate"

02/17/2016

Wealth managers consider removing sterling hedges

Yen and euro stronger

02/17/2016

Tim flies the flag at high-powered event in Kuwait

He promoted the Isle of Man as a jurisdiction of choice when dealing with offshore structures.

02/17/2016

Wealth manager expands team with two senior appointments.

Strong growth from WH Ireland as Isle of Man office marks two years in business

02/17/2016

European Banks' Woes Aren't Fully Justified, Say Wealth Managers

There is no specific issue that explains why European banks are more vulnerable

02/17/2016

Wealth managers consider removing sterling hedges

The return on the GBP hedged index over six months to 29 January 2016 would have been -12.1%

02/16/2016

UBS rates bankers' behavior in performance review revamp: sources

For the previous two years, behavior was a factor in the reviews but employees were not given a separate score for it.

02/16/2016

“It’s great teamwork, I just happen to be in the CEO seat”

Almost a year on from the acquisition and less than six months into his new role, Mr Loudon feels the often-difficult process of combining businesses has not prevented the company from looking “in such good shape” in the present day.

02/16/2016

Close Brothers Asset Management to open new Gatwick office

The official opening on the 28th April will run from 5.30pm – 8.00pm at the new office near the South Terminal (First Point, Buckingham Gate, RH6 OPP) and will include drinks and canapes.

02/16/2016

BMO GAM expands product range to 'regain reputation' in EMs

Working with emerging market specialist LGM

02/15/2016

HSBC Keeps London Headquarters in Victory for U.K. Over Asia

The decision is a victory for U.K. Chancellor of the Exchequer George Osborne, who made tax and regulatory concessions to large banks

02/15/2016

Nordea wins 2016 Euromoney award for best private banking

Nordea Private Banking ranks among the top 20 Private Banks in Europe.

02/15/2016

Morgan Stanley Wealth Management Introduces New Tool Kit to Effectively Integrate Investing with Climate Change and Fossil Fuel Impact Goals

Provides Innovative Approaches to Implement Climate Change and Fossil Fuel Aware Investing

02/15/2016

Butterfield to close London private bank

The Butterfield Group’s growth strategy is focused on markets where it has a substantial presence and can achieve economies of scale.

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