06/25/2015
The private banking arm of Malaysia's largest bank aims to rollout its Asian expansion this year, with the hiring of dozens of relationship managers, the opening of a London office and a new service in Singapore.
06/25/2015
Standard Chartered’s new chief executive is planning a structural overhaul
06/25/2015
The greater appetite for risk means Asia’s rich favor high yielding stocks, private equity and commodities.
06/25/2015
It means the net asset value of all funds under management and administration in Guernsey now stands at £222.2 billion.
06/25/2015
Wealth managers including Hargreaves Lansdown Plc have the most profit to gain among U.K. financial-services companies should interest rates rise, according to investment bank Liberum Capital Ltd.
06/25/2015
Union Bancaire Privee (UBP) plans to cut between 110 and 160 jobs initially after buying the international business of wealth manager Coutts from Britain's Royal Bank of Scotland, a source familiar with the matter told Reuters on Thursday.
06/25/2015
The contract changes, which affect all staff with revenue-based variable remuneration, will be phased in over three years from next January.
06/25/2015
New private bank Hampden & Co has attracted the attention of 400 prospective clients just days after opening its doors
06/25/2015
Deposits of Jordanians in Swiss banks were around JD2.13 billion (around $3 billion) last year, according to a recent report released by the Swiss National Bank.
06/25/2015
RBC Said in Advanced Talks to Sell Swiss Unit
Foreign financial firms are retreating from Switzerland as the regulatory and compliance cost of managing private wealth offshore increases.
06/24/2015
Advisers can help with due diligence
06/24/2015
The Weight Of Money: How Private Investment Is Changing World Real Estate by WealthBriefing
06/24/2015
Citigroup Eyes Asia in Pivot to Wealth Management
The U.S. bank plans to double the number of wealth-management clients in Asia to one million
06/24/2015
Julius Baer has announced its decision to take a preliminary provision of USD 350 million for its eventual settlement with the U.S. Department of Justice regarding its legacy U.S. cross-border business
06/24/2015
A luxury boutique in China. According to the Gini index, the degree of wealth concentration in China has risen by a third in the past 35 years. This disparity fuels perceptions that the deck is stacked in favour of the rich.
06/24/2015
Towry has outlined plans to expand its investment proposition following its acquisition of financial planning and discretionary firm Ashcourt Rowan.
06/23/2015
There's a massive poaching raid going on at Lehman's old wealth management shop
Barclays is selling the business to Stifel Financial Corp
06/23/2015
Asian investors seek global exposure, says Deutsche AWM
Deutsche Asset & Wealth Management (Deutsche AWM) says that it is seeking to tap demand from Asian asset owners for higher global investment allocations
06/23/2015
Swiss Banks Likely To Continue Shoring Up Capital As SNB Proposes Higher Leverage Ratio Requirement
The largest Swiss banks UBS and Credit Suisse may have to keep working on their balance sheet quality over the next few quarters, as the Swiss National Bank is pushing for stricter rules governing their leverage ratio requirements.
06/23/2015
Credit Suisse Sets Sights on UBS in Battle Over Private Banking
UBS and Credit Suisse, with business operations spanning the globe and headquarters a few blocks apart in Zurich, have long been fierce rivals.