05/31/2013
A New Wealth Management Industry Mandate
Clients are mad as hell, and they're not going to take it anymore—unless the industry makes some changes.
Wealth and Asset Management
05/31/2013
George Weiler III, UBS Wealth-Management Executive, Dies at 69
George H. Weiler III, senior vice president for wealth-management services at UBS AG, has died. He was 69.
05/31/2013
Wealth management firm estimates LGBTs have $800 billion spending power in Asia
A new wealth management firm targeted at LGBT investors in Asia estimates that LGBT consumers across the region
05/30/2013
CIBC renews CEO's contract
His contract renewal was widely expected
05/30/2013
HDFC Bank's Aditya Puri is still highest-paid Indian bank CEO
Puri has been leading the country’s second largest private bank since 1994
05/30/2013
The Walls Around Investment Research Are Crumbling
One of the key reforms put in place in the settlement was the bar on basing the compensation of stock analysts on their contribution to investment banking revenue.
05/30/2013
Julius Bär eyes Asian clients after Bank of America Merrill Lynch acquisition
Swiss private bank Julius Bär is aiming to have a majority of its clients from Asia after it acquired Bank of America Merrill Lynch's private banking business outside the United States.
05/30/2013
Is Mandarin the New Language of Private Banking?
The number of ultra-high net worth individuals (UHNW) with assets of $30 million and above in Asia has increased exponentially over the past three decades, more so than in any other area
05/30/2013
Natixis appoints Chief Economist
Patrick Artus as Chief Economist of the Bank
05/30/2013
Aussie wealth outpaces US, says survey
Personal wealth growth in Australia has outpaced Europe and the United States - but it lags behind Asia.
05/29/2013
Top wealth owners prefer to invest in the Mideast
A majority of wealth owners in the region intend to continue to invest their money in the Middle East at the expense of other regions
05/29/2013
May Survey Finds Non-Millionaires More Eager than Millionaires to Invest
Our monthly survey breaks down Affluent investor preferences by Millionaire and Non-Millionaire households
05/29/2013
UBS Plans Hunt for African Rich With Wealth Management Expansion
Wealth management is key to the Africa franchis
05/29/2013
REYL Group reports on a good year
The results for the REYL Group underline its continued growth and the attractiveness of a diversified product range customised for a client base comprising international entrepreneurs and institutional investors.
05/29/2013
Royal Bank of Canada reports 26% increase in net income
Wealth Management net income was $225 million, up $13 million or 6% compared to last year
05/29/2013
Wealthy families in the Middle East have a strong entrepreneurial spirit - RESEARCH
The Report found that wealthy families in the Middle East have a strong entrepreneurial spirit
05/29/2013
Heads of Canada’s big banks among the best-paid bank CEOs in North America
The chief executive officers of Canada’s big banks are among the 20 best-paid bank CEOs in North America
05/29/2013
CIBC Quarterly Profit Rises 8% on Wealth-Management Gains
Net income for the period ended April 30 climbed 8 percent to C$876 million ($847 million)
05/29/2013
Wealth Managers Face Tall Hurdles to Build on Rebound - RESEARCH
As Growth Prospects Shift Toward Developing Markets, Players Must Grapple with Greater Client Demands, Tougher Regulatory and Margin Pressures, and Increasing Business Complexity, Says Report by The Boston Consulting Group
05/29/2013
A Former UBS Banker Became Mentally Unstable After A Helicopter Crash And Spent Millions On Total Strangers
What's more is his Bank of America financial adviser, who was aware of his mental condition, did nothing to stop it