06/02/2016
Singapore crackdown on BSI Bank signals cost jump for private banking in Asia
Singapore's clampdown on BSI over its ties to a Malaysian state investment fund - its most stringent action in three decades
06/02/2016
The relationship will involve Hartford Funds adopting 10 of Schroders’ existing US mutual funds, with potential for the partnership to expand over time.
06/02/2016
UBS is now offering bankers 2 hours of personal time a week
The UBS policy, dubbed "take two", aims to give bankers more flexible hours without colleagues having to pick up too much slack.
06/02/2016
"A swirl of global money laundering and embezzlement.
06/02/2016
Wealth's Great Unanswered Question? by James Horrax, Scorpio Partnership
Summer is an opportunity to kickback and contemplate life and whether it’s a few days at home or jetting off to an exotic locale, the salubrious nature of a well-earned break allows one to question all things personal and professional.
06/02/2016
Tilney Bestinvest sponsors private view of the Wildlife Artist of the Year exhibition
The Wildlife Artist of the Year exhibition showcases over 150 works of art in all mediums by established and exciting new artists from around the world, each competing for a coveted competition prize of £10,000. There will also be pieces from guest
06/02/2016
No Waiting For Wealth Management Innovation
The CFA Institute’s newest FinTech Survey suggests many investment professionals may hesitate before adopting new technology.
06/02/2016
U.S. Trust Targets Wealthiest Clients With More Advisors
The move is the latest indication that big banks are emphasizing wealth management as a strategy to grow revenue while putting relatively little capital at risk
06/02/2016
We will be able to make a quantum leap in client reporting, IT functionality and regulatory robustness," said Richard Killingbeck, WH Ireland's chief executive.
06/02/2016
Hemphill’s 2016 base salary is proposed at £900,000, which means he could earn £9m as part of the long-term incentive plan over the three years Old Mutual aims to complete the break-up.
06/02/2016
A deal on this Marina View property is expected by this weekend.
06/02/2016
Singapore sovereign wealth funds bought $1 billion of Chinese e-commerce company Alibaba Group Holding Ltd's shares as part of an $8.9 billion sale by Japan's SoftBank Group Corp, Alibaba's biggest shareholder, the company said on Wednesday
06/02/2016
In a chapter of the report examining the existence of tax havens, the committee said it believed improving reporting and tax transparency requirements for companies in which the NOK7.
06/02/2016
This is expected to help position the firm - which currently has £2.7 billion of assets in its wealth management arm - for further growth.
06/02/2016
UBS analyst Colm Kelly said: “A ban on the charging of surrender penalties to enable more freedom around switching would have material consequences for SJP’s earnings profile.”
06/01/2016
Industry course adjustment: How wealth management is powering ahead
All four wirehouses reported declining AUM for the first quarter.
06/01/2016
The growth will come from new hires and an internal training program, Banks said. U.S.
06/01/2016
Investors must be properly educated on leveraged and inverse exchangetraded funds and what they should be used for or they risk big losses, warn wealth industry executives.
06/01/2016
Bank of America Corp's U.S. Trust business plans to add more than 100 financial advisers who cater to the super-rich as part of its strategy to grow wealth-management revenue
06/01/2016
This dissonance, PwC believes, leaves the wealth management industry particularly vulnerable to disruption from FinTech innovators.