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Wealth and Asset Management

07/06/2016

Goldman Executive Says Libyan Internship Was to Help Win Future Business

Goldman Sachs Group Inc. awarded an internship to the younger brother of an official at Libya’s sovereign-wealth fund in 2008 because it expected the younger brother to join the fund and potentially become an important client, an executive at the Wa

07/06/2016

Returning to the fold

The recent membership hike marks a reverse in fortune for the body.

07/06/2016

Russia Blows Through Wealth Funds As Plans Said to Focus on Debt

As it drains the reserves, net debt sales at home will more than quadruple next year to 1.29 trillion rubles one of the officials said.

07/06/2016

Ascot Lloyd receives £10m to buy other advisers

In July 2015 Ascot Lloyd bought The PFP Group to further expand its portfolio of wealth management services

07/05/2016

Value Partners expands beyond Asia to meet demand for global assets

Fund flows sourced from China, which Value Partners considers a home market, account for a consider portion of its overall business.

07/05/2016

Singapore Institute to Train Thailand’s Private Bankers

The demographic of Thailand's high-net-worth individuals is also in flux with many now younger entrepreneurs.

07/05/2016

Consolidator serves up £10m revenue surprise

‘We have exceeded market expectations and now look ahead to what I am confident will be another highly successful financial year.’

07/05/2016

Mattioli Woods Expecting Post-Brexit Surge

Mattioli added that the company's property investment subsidiary Custodian will remain "attractive" to investors due to low interest rates.

07/05/2016

ERI wins the "Portfolio Management" category - twice

Nicholas Hacking, Director, ERI commented: "We are proud to have been voted the winner of these awards, and this in both Hong Kong and Singapore.

07/05/2016

Julius Baer buys Luxembourg private bank

Additionally, the Luxembourg banking licence and CISAL’s T24 platform and expertise offer clear benefits for the Group as a whole

07/05/2016

Rothschild profit cut as deal flow slows

No dividend was paid to its global parent, compared to $10m the prior year.

07/04/2016

China agribusiness tycoon ventures into mobile banking

China’s banks have traditionally preferred to lend to large state-owned businesses, but some economists say the problem has become worse in recent years.

07/04/2016

Money in Swiss banks: India slips to 75th position

The country was ranked highest, at the 37th place, in 2004.

07/04/2016

Banque Privée EDR picks Avaloq solution

This partnership will help us to bring greater innovation into our group, and we look forward to the cooperation.

07/04/2016

Liontrust takes on Verbatim’s active range

Verbatim is part of the Simplybiz Group and provides an end-to-end investment process for advisers.

07/01/2016

Credit Suisse CEO Tidjane Thiam is 'struggling to swim'

An outsider to both the bank and banking, hopes were high Thiam could make the tough decisions that had eluded predecessor Brady Dougan.

07/01/2016

Is Charles Stanley starting to turn a corner?

The company is committed to revising its fee-sharing arrangements, a move which sits at the heart of chief executive Paul Abberley’s restructuring of the business.

07/01/2016

Passing your business and wealth to the next generation

By Lee Woon Shiu, Head of Wealth Planning, Bank of Singapore

07/01/2016

Mesoblast moves to tap private wealth funds

This trial, a phase 3 trial, is due to run until the end of 2017, costing as much as $US40 million.

07/01/2016

Geneva private bank offices searched in Spain

The head of the Mirabaud Bank based in Geneva is facing his biggest stress test .

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