Managers of Wealth

Founder of Bestinvest snaps up £500m wealth manager

EQ Investors, a new wealth management business backed by Bestinvest founder John Spiers, has announced the acquisition of the Truestone Wealth Management business.

UBS Seeks Bankers for French Super-Rich While Facing Fine

UBS AG, Switzerland’s largest bank, plans to hire private bankers to serve French millionaires from Geneva as it faces a possible record sanction on allegations it helped clients evade taxes in France.

Rothschild Seeks Partners in Fast-Growing African Markets

NM Rothschild & Sons Ltd., the world’s largest family-owned financial advisory firm, is seeking partners in Africa’s largest economies to help it seize opportunities as growth accelerates.

Cambridge University and Newton Investment Management announce partnership on long-horizon investing

This partnership will enable the Centre to further extend its research and educational efforts in the area of long-horizon investing. In recognition of this support, the unit will be renamed the Newton Centre for Endowment Asset Management.

BloombergBlack honcho comes full circle with new gig

The man behind Bloomberg LP's ill-fated foray into wealth management is back.

Why the French are saying au revoir to France

Centre-right deputies are convinced that the people who are the "lifeblood" of France are leaving

Old Mutual Sweetens £650m Bid For Wealth Firm

People close to the situation said that a deal between the two companies was not certain

South African financial services group Sweetens £650m Bid For Wealth Firm

A deal could be struck within a few weeks, continuing a shake-up of the City's wealth management landscape at a time of substantial regulatory change.

A Deal Maker Tries to Tune Up UBS’s Investment Bank

“Nobody says Ferrari doesn’t make cars or is too small to exist"

Private Banking Special 2014: The Contenders

Both the onshore and offshore banks in the region want to profit from the crucial challenge of cultural diversity

Fiduciary September and What’s Possible

The speakers at these events reaffirmed already-established views, but they also did more.

RBS tells Coutts to cut costs by a fifth

It forms part of RBS’s broader target to bring the cost/income ratio of its Commercial & Private Banking division, which houses Coutts, down to 60% via ‘an active programme of cost savings’.

Luxembourg as a financial centre

A little country with more to its repertoire than tax breaks

Equilibrium proves smaller is better for property

That is where you’ll find the big discretionary managers will have much lower property exposure than we are able to have

Africa’s Biggest Lender Woos Swiss Investors to Property

Investors are looking for growth in their portfolios

Tiny Liechtenstein plans push into Islamic finance

The financial regulator is exploring tax and legal amendments to facilitate sharia-compliant wealth management

End of Swiss banking secrecy in sight by 2018

The United States and European Union -- of which Switzerland is not a member -- have repeatedly pushed the Alpine country to give ground as they try to crack down on tax cheats who stash cash abroad.

Private Banking Special 2014: The Contenders

Both the onshore and offshore banks in the region want to profit from the crucial challenge of cultural diversity, writes Eduardo Leeman, chief executive officer, Falcon Private Bank.

Deutsche Bank joins bonus backlash

Deutsche Bank has announced it will be withholding millions of euros worth of bonuses as part of a management-led change to the culture at the bank.

UBS Tightens Rules on Staff Trading for Personal Accounts

UBS AG is tightening its rules on how employees can trade securities for personal accounts, telling staffers it wants to prevent potential abuses.

Wealth and Asset Management