04/02/2015
Caribbean tax haven resists UK pressure for company register
The government of the British Virgin Islands (BVI) said it has no plans to establish a central register of true company owners
Wealth and Asset Management
04/02/2015
Nikko partners with Eurasia
Nikko Asset Management has entered into a partnership with Eurasia Group
04/02/2015
Credit Suisse Debt Prowess Risks Spoiling Bets on Thiam
“Credit Suisse’s strengths historically have been in fixed income.”
04/02/2015
Adviser or firm: Where do the loyalties of the wealthy lie?
No more than 3% choose a fresh start.
04/02/2015
HSBC tax evasion customers in India told to get a lawyer
HSBC customers in India suspected of tax evasion have been given 30 days to nominate a legal representative in Switzerland
04/02/2015
UBP eyes Asia partnerships after Coutts deal
UBP's global head of private banking Michel Longhini is looking at partnerships for future expansion
04/02/2015
The Swiss financial centre still leads the world
Several tax agreements and the Foreign Account Tax Compliance Act, and it has agreed to adopt the new OECD Common Reporting Standard based on the principle of automatic exchange of information.
04/02/2015
The Changing Face of Wealth Management
Wealth management now and in the future will be as different as the makeup of the (changing) wealthy. It will also be very similar
04/02/2015
AFH Financial acquires IFA in £460k deal
AFH Financial has acquired Nottingham-based IFA Clarendon Financial Solutions for £461,000.
04/02/2015
More Management Changes at Standard Chartered
Standard Chartered PLC on April 1 announces further Board changes and several appointments to key leadership roles
04/02/2015
Canaccord Genuity president and chief executive has passed away
Paul was 52 years old and leaves behind his wife, four children and his extended family.
04/02/2015
Life after Tilney: Deutsche AWM targets ultra high net market
Deutsche Asset & Wealth Management is targeting the ultra-high net worth market with a refocused business, following the sale of its Tilney regional office network last year
04/01/2015
Rich Insights: Michel Longhini, UBP’s Chief Of Private Banking
Wealth-X speaks with Union Bancaire Privée about buying the ex-UK business of The Queen's Bank, Coutts
04/01/2015
Withholding Tax Reform
The people should decide
04/01/2015
Citigroup Targets 10% Jump in Asian Wealth-Management Assets
Citigroup Inc. is targeting a 10 percent increase in its Asian wealth assets
04/01/2015
Tavistock buys further IFA in national expansion
Tavistock also recently bought Standard Financial Group and its troubled adviser network Financial Ltd, following shareholder approval in February.
04/01/2015
UBS Rolls Out New Retirement Incentives
UBS Wealth Management Americas is starting a new program this week to help finanical advisors who want to leave the business find new homes for their high-net-worth clients.
04/01/2015
Morgan Stanley Boosted Gorman’s Pay 25% for 2014
Morgan Stanley gave James Gorman the biggest raise yet among Wall Street chief executive officers for last year, boosting his pay 25 percent to $22.5 million.
03/31/2015
Northern Trust to Provide Global Custody Services for Nunavut Trust
The Nunavut Trust was established in 1990 to manage, on behalf of the beneficiaries, capital transfers paid to the Inuit of Nunavut as laid out in the Nunavut Land Claims Agreement signed by the Inuit of Nunavut and the Government of Canada.
03/31/2015
Scotiabank Bahamas To Close Branches, 50 Jobs To Go
Scotiabank (Bahamas) will soon close seven branches throughout the country, a move that will affect approximately 50 employees