01/18/2016
CBA wealth boss urges redress at any cost
The lesson for large institutions, like the major banks, is to go early and go hard on remediation, once it’s clear who’s at fault.
01/18/2016
Leading Swiss private bank puts Monaco unit up for sale
In the biggest revamp of Switzerland's second-biggest bank in almost a decade
01/18/2016
JBWere signs UBS as new bedfellow, seeks another partner
Goldman's deal with CBA came as the lender decided to shut its own institutional equities arm.
01/18/2016
Wells Fargo wealth unit shows strain of great expectations
In the brutal revenue environment since the financial crisis, Wells Fargo and other banks have turned increasingly to wealth management to boost returns.
01/18/2016
EMEA Finance names Barclays 'Best Private Bank in the State of Qatar'
The key to this success is the bank's client service focus
01/18/2016
Fidelity Study: Impact Investing Takes Hold
A Fidelity survey of high-net-worth clients suggests that impact investing is growing rapidly
01/18/2016
Wealth Management Profits Rise at U.S. Bank
Profits from the business line were also robust, swelling 10.9% to $71 million from $64 million a year ago.
01/18/2016
HSBC’s move to new headquarters marks start of an era for Dubai’s financiers
The new HSBC building will be significantly taller than those of its rivals.
01/18/2016
London staff at Credit Suisse face grim news
The Swiss bank will this week tell up to 1,800 London staff their jobs are at risk, following through on a cost-cutting commitment made in October
01/18/2016
Investor group buys Barclays' offshore trust business
"In terms of expansion plans, we will be hiring in all our main locations and also offer additional services to existing clients - this is where the growth will come from," new Chief Executive Niels Nielsen said.
01/18/2016
Leibovitz got to work, asking the legendary feminist Gloria Steinem to consult.
01/18/2016
When a leading Swiss bank recommended its clients sell all their gold, AgaNola Asset Manager Florian Siegfried knew the precious metal was preparing for an upswing.
01/15/2016
Julius Baer CEO sees more consolidation in Swiss banking
We will see further consolidation in the finance sector, that is quite clear."
01/15/2016
BTG has been seeking to sell assets since the arrest in late November of Andre Esteves, its chief executive officer and chairman at the time.
01/15/2016
Two senior names in the wealth management industry have joined forces to launch the Private Investment Office.
01/15/2016
The list recognises strong performance and the value added to portfolios.
01/14/2016
The Texas senator has criticized big Wall Street banks like Goldman Sachs.
01/14/2016
Joseph Safra is the world's richest banker with a fortune valued at $14 billion by Forbes Magazine.
01/14/2016
Irish wealth manager enters London private client market
The office will initially be headed by Stephen Felle, group head of regional offices, Ireland & UK.
01/14/2016
The “pink and chic” bank, a subsidiary of the state-owned Banco de Costa Rica