12/01/2015
Administration of Trusts And Estates in the Digital Age
The Revised UFADAA provides a compromise solution between fiduciaries and internet service providers
Wealth and Asset Management
12/01/2015
World’s biggest bank gets caught up in China investment scandal
Bad marketing and flawed investment products rocking the reputations of Chinese banks have now spread to the world’s biggest lender by assets.
12/01/2015
Contrarian ways do it for 7IM fund
Part of the five AAP fund range, the £243m portfolio has returned 35.55 per cent in the past three years, according to data from FE.
11/30/2015
Emirates NBD to maintain retail, wealth management momentum
Lender sees double-digit growth in segments, says SME exposure well within acceptable range
11/30/2015
Former Bank of America chief of global wealth managemen: My firing was ‘act of violence”
Krawcheck reveals all in a new podcast interview series called “Radiate” with Bloomberg journalist Betty Liu.
11/30/2015
Head of U.S. Bank Aims to Beat Rivals in the Wealth Game
Mark Jordahl, president of U.S. Bank Wealth Mangement, leads a new robo-advisors initiative.
11/30/2015
Intesa Sanpaolo to open private bank branch in London
Intesa Sanpaolo’s London branch will start with 10 private bankers. Mr Messina says he is ready to be “very aggressive” in hiring bankers from other banks.
11/30/2015
More Guernsey banks likely to close, regulator says
The BBC has heard job losses are expected at the Swiss bank.
11/30/2015
Hunt for Richest Clients Drives Nordea Wealth Arm Beyond Nordics
Fierce competition for Scandinavia’s richest clients is forcing the region’s biggest bank to rely more heavily on sales elsewhere to feed growth in its wealth management business.
11/30/2015
Davy to buy Northern Irish wealth manager
Pension & Financial Consultants has approximately 4,000 clients and £600m € 850m of assets under management
11/30/2015
Fairstone adds another IFA with £135m of assets
Advisers joining Fairstone are able to leverage its core technology platform and services such as compliance, para-planning and lead generation.
11/30/2015
Aberdeen Asset Management not for sale, says fund boss: Martin Gilbert stands firm but client exodus sees £34bn withdrawn
The latest exodus – even worse than City analysts predicted – was triggered by the slowdown in emerging markets, including China.
11/30/2015
Climate Change Can Provide Investment Opportunities
As investors become more interested in making a positive impact on the world, new areas are opening up for them to make money at the same time, according to Impax Asset Management Group Plc.
11/30/2015
Dublin wealth management firm adds to Belfast portfolio
Davy Private Clients has undergone unprecedented growth in Northern Ireland in recent years, with client assets increasing ten-fold since 2013.
11/30/2015
Accidental banker
Lombard Odier’s managing partner Hugo Banziger looks back on his 30-year career and talks about why his company’s business model is ideal for the private-banking sector.
11/27/2015
Wealth of Indian HNIs to increase more than Chinese during 2014 and 2020: Report
The estimated wealth of HNIs in India in 2016 will be $1.425 trillion, while those in China will be worth $5.10 trillion
11/27/2015
DBS said to be frontrunner for another mid-sized private bank in Asia
Further driving home concerns about the sustainability of servicing Asian HNWIs in the region without scale.
11/27/2015
Another exit of foreign bank from the cut-throat business of private banking in India
Even though India's economy has been minting millionaires at a strong pace, it has failed to translate into profits for the foreign wealth managers that have set up teams of well-paid bankers to help manage those riches.
11/27/2015
French private bank makes bid to acquire Kleinwort Benson Wealth Management
Said if its bid succeeded it would sell BHF's private banking activities in the United Kingdom and the Channel Islands to Societe Generale, which is also providing financing for the takeover.
11/27/2015
Secretive Barclays deal involved Qatari clients
The identity of the clients was so sensitive that the bank agreed to pay them £37.7m if it was ever revealed.