07/13/2016
UBS Group: Why do Investors Hold Record Cash in their Portfolios?
Investors have been wary of investing in other financial instruments such as stocks, bonds and others.
Wealth and Asset Management
07/12/2016
UBS Said to Impose Partial Hiring Freeze in Wealth Management
The lender has since eliminated jobs at the investment bank and announced plans to consolidate back office functions in wealth management.
07/12/2016
Credit Suisse scales back private banking in Russia
The service was used only by a few Russian clients, according to a source close to the bank as cited by Forbes. Credit Suisse has received no complaints about the change.
07/12/2016
Mersey wealth firms to manage £350m of funds after merger
Gee and Watson has acquired McEwan Wallace Wealth Management to create Wirral’s largest firm of independent financial advisers
07/12/2016
Advisers with $240M in combined AUM join Raymond James
The group will operate as part of Kruse Woods Financial Partners, an independent firm that offers securities through Raymond James' independent broker-dealer.
07/12/2016
DBS Private Bank in London Move
He started his banking career in the private client division of Morgan Stanley, London.
07/11/2016
China’s newly rich courted by international private banks
About 3.9 million mainland Chinese families will be classified as wealthy by 2020 Credit Suisse, survey says
07/11/2016
Top 5 Cities Likely to Replace London as Europe's Financial Capital
Germany's Frankfurt has probably the best chance of becoming Europe's new financial capital, DW noted.
07/11/2016
UBS France says former employee admits guilt in tax fraud probe
A source close to the investigation said the prosecutor had sought a plea-bargaining deal with the former employee.
07/11/2016
Europe Turmoil Shows Why Deutsche Bank Must Chase Wealth Abroad
Shares of Deutsche Bank have erased almost half their value this year and touched a record low last week as investors lose faith that the company can lift returns.
07/11/2016
JPMAM’s Emly returns after nine-month sick leave
These include JP Morgan Claverhouse and JP Morgan Income and Growth.
07/11/2016
StanC wants companies to give collateral for diamond loans
A process of negotiation is under way with a large number of clients.
07/11/2016
UBS chief says Swiss government is leaving banks exposed
This is unacceptable and opens the door for a new offensive against Swiss banks.
07/11/2016
Asset managers have worst year since financial crisis
BCG put the lack of growth down to slow net flows and the negative and turbulent performance of global financial markets.
07/11/2016
U.S. banks' wealth management profit engine seen stalling
But lately that jewel has been losing its luster.
07/11/2016
Lloyds eyes fresh job cuts as savings programme speeds up
The move would add to the 9,000 job losses and 200 branch closures already in the pipeline.
07/11/2016
Lendico And PostFinance Launch Joint Venture In Switzerland
The international online credit marketplace Lendico is continuing its expansion in Europe by founding Lendico Schweiz AG on 8 July 2016.
07/08/2016
Standard recognized best in wealth management
It is very rewarding to have been recognised for our ability to build deep and meaningful relationships with our clients.
07/08/2016
Media Mogul Says Indonesia Proving to Be Brexit Haven
The stocks we hold in Indonesia all went up.
07/08/2016
Singapore, Hong Kong, London and Zurich to Form Powerful Alliance
The professional body, seeing an opportunity in the current U.K. political turmoil, is proposing clubbing together with other top non-European Union financial centres to more closely align efforts to ensure access to EU markets.