10/27/2015
J.P. Morgan Loses CEO of Chase Wealth Management
The CEO of Chase Wealth Management has left under mysterious circumstances two years after being named to the post.
Wealth and Asset Management
10/26/2015
Reports Aberdeen Asset Management is up for sale are strongly denied
In a note to investors, Peter Lenardos, managing director at RBC, acknowledged the firm was “in a weak position, hampered by ongoing net outflows that are having an adverse impact on profitability”. But he said a sale process “would be a
10/26/2015
Standard Chartered winding down equity derivatives business
Standard Chartered will phase out the businesses in January after exiting from institutional cash equities, equity research and equity capital markets
10/26/2015
Swiss private bank placed in bankruptcy by FINMA
FINMA was obliged to take this measure as the bank is at risk of becoming overly indebted.
10/26/2015
RIAs Increasingly Return Customers to M&A Buffet
With M&A activity tracking to record-breaking highs in 2015, a majority of buyers are repeat customers.
10/26/2015
General Atlantic to invest $173 mln in Indian wealth manager
U.S. buyout group General Atlantic has agreed to buy a 21.6 percent stake in India's IIFL Wealth Management for 11.2 billion rupees ($173 million), the first private equity investment in the country's fast-growing wealth management business.
10/26/2015
What a Raymond James Deal With Deutsche Could Mean, And Cost
But those advisors are big producers in large markets where Raymond James has a small presence.
10/25/2015
Deutsche splits asset and wealth management
It will be an independent unit within the bank’s private and business clients division.
10/24/2015
BRI Wealth Management’s top value funds for a choppy market
BRI Wealth Management’s Dan Boardman-Weston tells FE Trustnet which funds he thinks look particularly attractive at the moment and why value funds might be the best way to achieve growth.
10/23/2015
The implications of the UK’s clampdown on non-doms
The single family office, which provides a range of services to wealthy families, may be under threat, according to King-Christopher.
10/23/2015
Confusion prompts wealth manager rebranding
Alongside the name change, the business has undergone a full rebranding, including a new website.
10/23/2015
UBS: 'County is strengthened by its diverse businesses'
A leading wealth management firm has joined the list of backers for the Leicester Mercury Business Summit.
10/23/2015
UBS, Credit Suisse Can Use Low-Trigger Tier 1 Cocos for Capital
Analysts have been seeking more details on the rule, with some warning that it raises the risk the banks might call in the debt early.
10/23/2015
Nedbank Seeks Low-Risk Clients as South Africa Economy Slows
The bank’s also participating in plans to help state-backed power utility Eskom Holdings SOC Ltd. end a power shortage, financing 35 billion rand ($2.6 billion) of renewable-energy projects.
10/23/2015
Swiss Wealth Management—Quo Vadis?
By Dr. Rob Straw, Director of Education at the Swiss Finance Institute
10/23/2015
Single family offices set to evolve under regulatory gaze
Offices that manage the affairs of a single wealthy family typically manage only their own money, which means they remain outside the jurisdiction of the Financial Conduct Authority.
10/22/2015
Credit Suisse Joins the Queue of Banks Bulking Up in Asia
Bank seeks to more than double Asia-Pacific pretax income by 2018-end
10/22/2015
Polaris Wealth Advisers and Greystone Financial Group Combine
The New Polaris Greystone Financial Group Will Manage Nearly $1 Billion through Offices in California, Texas and Michigan
10/22/2015
Fiserv forms wealth management partnership
Wealth advisors must have easy and immediate access to information about their customers to provide advice at the point of thought, and our partnership with InvestEdge makes this possible.
10/22/2015
Swiss private banking group to issue perpetual tier 1 subordinated bonds
Julius Baer Group Ltd. has requested Moody’s to rate the bonds.