Managers of Wealth

Bank love affair with wealth management waning

This was not so much the case when 1HY16 results were announced, as the effects of a rebalancing economy produced what some have labelled as disappointing results to shareholders.

Barclays to sell bullion vault to China's ICBC

The contract is expected to complete in July, ICBC said, subject to various approvals.

UBS seeks savings in wealth management empires

Two of the world’s biggest wealth managers look to achieve synergies and share services

CIBC Asset Management launches Renaissance Private Investment Program for affluent investors

CIBC Asset Management partners with specialized investment managers

Banks Increasingly Outsourcing Investment of Wealth Management Money

The ratios for commercial banks vary significantly, ranging from less than 5 percent for China Everbright Bank and China Minsheng Bank to roughly one-fifth for China Guangfa Bank, the sources said.

CS sees boost in hiring for Asiawealth management

The Asia Pacific chief executive of Credit Suisse, Helman Sitohang, said in a conference call on Thursday that the bank is to increase its headcount in the region as it hires wealth managers and adds selectively in the investment bank.

The technology-driven transformation of wealth management

Robo-advisors represent the “Uberization” of wealth management, offering a pure, automated approach.

Daniel Tully, Merrill Ex-Chief Outspoken in Crisis, Dies at 84

Daniel Tully, a former Merrill Lynch & Co. chairman and chief executive officer who spoke out as both critic and cheerleader as the firm tried to weather the 2008 mortgage crisis, has died.

‘I don’t run [UBS wealth management] for good media coverage’

He has had the weight of the UBS Group’s prosperity on his shoulders since a 2012 restructuring put wealth management at the centre of its operations.

FCA Tells Wealth Advisers To Up Their Game

The Financial Conduct Authority is preparing to visit a number of wealth managers later this year to check they are making progress after the regulator found major failings in suitability standards.

Citywealth announce Magic Circle winners

The awards ceremony took place on 12 May 2016 at the 5 star Grange Tower Bridge Hotel in London.

deVere wins Best Global Independent Financial Advisory Organisation

This is the first major award to be won this year by deVere Group

This stunning car should make Audi and Porsche worry

This isn't just the company's first sports car, McLaren hopes the Sports Series will completely transform its business.

Julius Baer to impose negative interest rates

Other currencies affected include the Danish krone and Swedish krona.

UK M&A boom: the top targets in Rothschild AM's new fund

'It has experience tough times and is a mix between a company that needs turnaround and a company that could be taken over.'

How to price for high and ultrahigh-net-worth clients

Empanel a pricing committee to set and periodically adjust fees.

Sallie Krawcheck's robo for women investors launches

The mobile-first platform aims to give women a goal-based investing experience.

StepStone buys Swiss Capital to Add $5 Billion of Assets

This new partnership will benefit clients greatly by providing increased insight and access into all areas of the global private markets.

This soccer club leads the property premier league

The Boleyn Ground, West Ham United's stadium in east London, saw the second highest price increase at 13.2 percent, although the team are in the process of moving to the former Olympic stadium this summer in Stratford.

ETP providers launch ETF forum in the UK

A group of exchange traded product providers has banded together to launch the ETF Forum, an initiative designed to improve advisers’ understanding of exchange-traded funds.

Wealth and Asset Management