Managers of Wealth

EFG International reports full year 2014 results

Underlying net profit attributable to ordinary shareholders was CHF 130.7 million, up 18% from CHF 111.2 million a year earlier

Swiss bank EFG flags far lower penalty to settle U.S. tax probe

Swiss private bank EFG International said on Wednesday it expects a far lower than expected U.S. fine after coming clean on helping wealthy Americans evade taxes, indicating it is close to ending the long-running investigation.

Old Mutual completes Quilter Cheviot buy

Old Mutual Wealth has been completed its buy of Quilter Cheviot after the receiving the green light from the regulator

Swiss, Italy Settle Tax Dispute as Ministers Sign Agreement

Swiss Finance Minister Eveline Widmer-Schlumpf and her Italian counterpart Pier Carlo Padoan agreed to resolve the two countries’ long-running dispute over undeclared funds in Swiss banks.

Deutsche Casts Wider Net for Asia’s Wealthy

Asset and wealth management head Ravi Raju wants to tap into the generational change in wealth

Künker Berlin Sale Reaches Total Hammer Price of 8.6 Million Euros

The Berlin Auction of January 29, 2015 on the occasion of the World Money Fair proved that the market for fresh material in highest quality is more than strong. A total of 1,073 lots with an estimate of 6.5 million euros reached a total hammer price of 8.

Stifel to buy wealth manager

The acquisition will add 730 financial advisers, boosting Stifel’s headcount of wealth management professionals by 35% to more than 2,800.

Judges Announce Shortlist For WealthBriefing European Awards 2015

Categories cover a wide spectrum, from private banking, private investment offices through to law firms and investment managers. Individuals as well as teams and organisations will be honoured at the occasion.

Jean-Paul Petoud of Emirates Investment Bank highlights importance of quality of service and innovation for Dubai's private banks

Speaking today at Dubai Forward, the annual strategic conference focused on Dubai as a financial and wealth management centre, Mr Petoud explained that as personal wealth grows across the Middle East,Dubai will become increasingly attractive as a jurisdi

Why you should use auto-enrolment to create clients of the future

There is a wide range of advice models.

Deutsche Bank will take part in a $5 million buyout of wealth management division

Due diligence is expected to be completed by the end of March and and shareholder and regulatory approval completed by the end of the financial year.

Rothschild to pay bonuses early

A final decision on the timing of bonuses is expected to be taken before the Rothschild group’s year end on March 31

Wealth management failings hit Big Four’s ‘share of wallet’

Sub-par performances in the wealth management sector have damaged consumer loyalty to Australia's Big Four banks

CIBC Tops International Global Banking Awards

CIBC is renowned for its cutting edge approach - including being first to market with many key innovations in recent years.

Towry offers £2.75 for Ashcourt Rowan shares

The two companies claimed that combined they will be one of the top 20 players in the UK private wealth market by assets under management.

HSBC Says Gulliver Paid Taxes After Opening Swiss Account

HSBC Holdings Plc, struggling to contain a political storm over the bank’s facilitation of tax evasion through its Swiss unit

HSBC furore puts pressure on sales of private banking units by RBS and Generali

The controversial tax practices of the Swiss private banking industry are threatening to disrupt two potential takeover deals in the sector.

Queen’s bank in film tax avoidance scheme

COUTTS, the bank used by the Queen, earned millions of pounds in commission by helping investors avoid tax in film schemes

Revealed: Inside the business of polo

It is a rare sport that can attract the wealthiest of the wealthy, the most glamorous in town and royalty all at the same time.

Credit Suisse to launch new digital wealth management offering

Next month Credit Suisse Private Bank will be rolling out new digital capabilities in Asia, and April will see the launch of a tablet banking offering in Switzerland.

Wealth and Asset Management