Managers of Wealth

The World's Richest People Lost $70 Billion Yesterday

The world's 400 richest people lost a combined $70 billion on Monday

New Deutsche Bank chief under pressure to reverse fortunes fast

John Cryan will have to hit the ground running at Deutsche Bank when he officially starts as chief executive on Wednesday.

HSBC returns to its roots

Bank refocuses on Asia

One of these women may win the struggle to run a Wall Street firm

The first woman to run a Wall Street firm could be a behavioral scientist, a mathematician, or an engineer

Wealth managers under pressure as clients demand higher cash levels

“People were more confident after the election, but now Greece is on the agenda instead.”

Hargreaves buys £370m client bank from JP Morgan AM

The breadth of Hargreaves Lansdown’s service means we are able to accommodate the full range of investments that these clients currently hold.

UBS eyes growing wealth management needs of China’s rich

Concerns about retirement and inheritance prompt well-heeled Chinese to consider more comprehensive ways to manage their money

Change in the air for Credit Suisse as Tidjane Thiam takes helm

Eyes on new chief’s master plan for Switzerland’s largest bank

Fast-Track Green Card Program Swells With New Interest

Wealthy investors from Brazil, Russia and Vietnam are eager to get a foothold in U.S.

Raymond James pair target charities with boutique launch

Raymond James’ branch principal Wayne Hayhurst and investment manager Paul Gavaghan are targeting advisers and charities through a new venture, two10 Asset Management.

Towry revives £800m float plan

A schedule for the IPO is expected to be unveiled in the near future

How wealth managers are trying to avoid another Lehman

Pain is a rarely used word in the lexicon of wealth management

Investec Wealth & Investment partners with FEIFA

UK-based asset manager Investec Wealth & Investment has partnered with the Federation of European IFAs (FEIFA) to help the organisation’s members “meet their clients’ investment requirements”.

No longer so secret, Swiss banks look to expand after purge

Swiss banks lost billions in assets in European tax crackdown

A cloud hangs over the Masters of the Universe

The growth in asset management has created the risk of a liquidity illusion, says David Oakley

Go East, Young Buy Sides

Tim highlights this week's BST coverage with an eye towards our latest meeting of the minds in Singapore.

Consolidation game: Is wealth M&A set to accelerate further?

Robert Hare, managing director of pensions – wealth and stockbrokers, at Lloyds Bank Commercial Banking, says the recent wave of wealth management M&A is only the start of the sector's turnaround.

Krawcheck to advisers: 'Middle-aged white guys' must help women get raises

At Morningstar conference, the former Merrill Lynch boss said gender pay gap is a key obstacle to retirement savings

Women: An $11 trillion market for financial advisors?

Women control more wealth than most financial advisors recognize.

The power of wealth management is pushing banks to hire more private bankers

MBA Jobs: Wealth Management Recruiting Surge Led By Asia

Wealth and Asset Management