05/26/2015
RBC, City National off to friendly start ahead of $5.4-billion takeover
Working closely with Blair Fleming, head of RBC’s U.S. capital markets unit, the two banks signed off on the loan within 72 hours.
05/26/2015
Credit Suisse fintech duo try to be more than just money
Their list of past and present portfolio companies includes well-known names
05/26/2015
Julius Baer May Get Lighter U.S. Penalty
Authorities could take into account the bank’s efforts to notify them of possible tax evasion
05/26/2015
We must stop demonising the wealthy
Entrepreneurs should be encouraged to make their fortunes – before they decide to leave the UK.
05/26/2015
Kleinwort Benson Bank secures strategic investor
The transaction brings together an unparalleled group of high net worth, entrepreneurial shareholders from Europe and across the SAMENA markets with a view to advancing their shared desire for a return to relationship-driven banking and access to differen
05/26/2015
They see shift to digital powering growth in this area and retirement planning for the masses; technology would also protect against mis-selling by their sales force
05/26/2015
It was an invitation too good to resist
05/26/2015
Fidelity’s Alex Wright has boosted exposure to banks as consolidation in the wealth management sector sees opportunities to invest there dry up
05/26/2015
With its new felony record, America’s biggest bank needs to seek the Department of Labor’s permission to keep managing money in the $8 trillion private pension market.
05/26/2015
The business unit, which manages more than $5 billion in its own RIA and fields 16 advisors — or “counselors” as it calls them — is in the midst of a major revamp.
05/26/2015
Davison has been in talks with Heng Ren, the CEO of Ju-Ai-Cai, which may lead to an investment from Peter Thiel, ex-CEO of Paypal and early investor of Facebook
05/26/2015
Italian media tycoon and former prime minister is still looking for a co-investor in AC Milan to help revive the fortunes of the Serie A football club which he has owned for nearly three decades
05/25/2015
The mainland market to play major role in hitting growth targets set by Deutsche Bank's asset and wealth management division
05/25/2015
UBS spins off local wealth unit via management buyout
It is negotiating with two big global players for its new IT platform, which will be independent from UBS.
05/25/2015
Abu Dhabi Islamic Bank will focus on winning more business in the United Arab Emirates' expatriate community this year as growth in the national banking sector slows
05/22/2015
Last night AsianInvestor celebrated its Asset Management Awards with the cream of the industry. Here we reveal four winners announced on the night, and explain why they won.
05/22/2015
Wealth management firm set to exceed targets for fourth year running
The business announced that it has already secured £61m of new assets under management nine months into its financial year and is just £6m away from reaching its full-year goal.
05/22/2015
Barclays private banker strikes out alone with Leeds launch
His new office will take on the Raymond James banner, unlike other boutiques that operate with a different name but plug into the back office system.
05/22/2015
“The certainty that can offer the private wealth community will be a real competitive advantage for Jersey as investors increasingly seek centres that can offer high standards and effective asset protection capabilities.”
05/22/2015
Mr Elliot said: “We are targeting two areas — the expatriate market and the Hong Kong Chinese markets.