02/16/2015
Will 7IM sale succeed after Transact's troubles?
It is understood that Zurich and Aegon have appointed investment bank Evercore to lead talks with potential bidders.
Wealth and Asset Management
02/15/2015
Cornell, Chinese university create family biz program
Soon some Cornell University scions of successful family businesses will be joining with counterparts in China for an immersion program designed to help their businesses grow and manage wealth across generations.
02/15/2015
Gold's lustre lures Turkish savers
Gold is hugely prized in Turkey not just for ornamentation or investment by banks but as a secure way for private individuals to hold their savings
02/15/2015
Royal Hong Kong Yacht Club announces Edmond de Rothschild Group as official wealth management partner
The Royal Hong Kong Yacht Club has today announced that the Geneva-based and family-owned financial institution, Edmond de Rothschild Group, has been appointed as the Club’s first official wealth management partner
02/15/2015
Swiss banks trade Zurich's costly charm for Polish provinces
Even before the Swiss central bank abandoned its cap on the currency in January, the cost of taking on someone in Poland was just 50 to 60 percent
02/13/2015
North East well placed in growing economy, says leading wealth manager
UBS positive on region's prospects as he advises clients to remain "fully invested" on diversified basis
02/13/2015
Seven firms that could snap up 7IM
The runners and riders that could be tempted to buy the investment firm.
02/13/2015
Nashville Bank launches wealth management division
Began operating in Nashville in 2008, has $1.1 billion in assets and five offices in Middle Tennessee.
02/13/2015
Private Wealth division on probation for another year
The Australian Securities and Investments Commission said in a statement on Friday it would not continue a two-year enforceable undertaking
02/13/2015
PAM AWARDS: Bank of the West Named Best Private Bank for Client Service
Bank of the West has been named Best Private Bank for Client Service by Private Asset Management (PAM) magazine.
02/13/2015
Swiss lender Notenstein to buy bank La Roche - news website
Swiss lender Raiffeisen's subsidiary Notenstein Private Bank will buy Basel-based bank La Roche 1787, Swiss online news portal finews.ch said on Friday, signalling a pickup in consolidation efforts in the Swiss banking market.
02/13/2015
Ultra high net worths seize on alternative investment protection
Australia’s global private banks and wealth advisory firms are working closely with family offices and UHNW individuals on a wide array of alternative asset allocations in a direct effort to ensure meaningful returns, come what may, this y
02/13/2015
New partnership formed between racing and polo
Richard Frisby, FBA vice chairman said British Polo Day “will provide our members with a chance to network with some of the world’s wealthiest horse enthusiasts and talk to them about the prestige and tradition that surrounds British racing.&r
02/12/2015
CIBC FirstCaribbean Private Wealth Management Office Opens in Nassau
It was attended by clients and members of the public and private sectors, including The Hon. Michael Halkitis, Minister of State for Finance and Christina Rolle, Executive Director Securities Commission.
02/12/2015
Guernsey bank deposits grow for second consecutive quarter
The increase is the second consecutive quarterly rise and figures from the Guernsey Financial Services Commission (GFSC) show that the total value of Guernsey bank deposits reached £83.7 billion at the end of December 2014.
02/12/2015
European Fund Sounds Alarm After Bitter Sale of Swiss Jewel Sika
The Burkards hashed out the 80 percent premium deal with Cie. de Saint-Gobain SA, without telling management.
02/12/2015
Ex-Barclays Wealth chief plans comeback
He is now looking to re-enter wealth management and is exploring a number of projects
02/12/2015
Credit Suisse board takes 25 pct pay cut after U.S. tax fine
The SNB move has caused a headache for Swiss banks and exporters with the bulk of their spending in francs.
02/12/2015
UBS Wealth Management Americas Reports Fewer Financial Advisers
UBS hasn't fielded a smaller adviser force since the end of 2011
02/12/2015
UK wealth manager targets Gulf expats
An estimated 100,000 British expatriates live in the UAE, which is home to about 50,000 dollar millionaires.