Managers of Wealth

Korean rich should pay more tax: ADB

Korea’s redistribution of wealth through taxation is unbalanced

Asian dynasties address wealth handover question

The survey found that only 13 per cent of the region’s billionaires owe all their fortune to inheritance

Italian bank eyes UK's Coutts International

The bank’s chief executive said asset managers, insurers and private banks, were all in his sights, with expansion in the UK being a top priority.

Strong growth moves Asia’s billionaires to top of the tree

As the world’s wealthy continues to grow richer at double-digit rates – and nowhere faster than in StanChart’s Asian heartland – it would seem there should be more than enough business for all those wishing to serve that growing ma

Larger global banks are cutting back on international private banking operations

Big is no longer always beautiful in private banking.

Wealthy Chinese Look Beyond The American Dream

China's rich visa-seekers are discovering alternatives to foreign investment visa schemes in the US, Canada and Australia, and are increasingly applying to Europe and the Commonwealth Caribbean.

Europe’s centuries-old private banks have seen better times

Europe’s economy might be growing much more slowly than its US and Asian counterparts, but it still has solid fundamentals of wealth

Hedge Fund Institutionalization: Are You Ready to Outsource Performance and Analytics by Denis Melekhov, SS&C

In the past, high net worth individuals have traditionally been the primary source of hedge funds’ assets and have been their catalyst for growth.

Family-Owned Bank Continues Internation Acquisitions With Bahamas Buy

Over the last 12 months our Group has been developing an international network of locations from which we can best support the needs of our UHNW client base.

Morgan Stanley now has the hottest wealth-management division on Wall Street

A Super-Tough Question Morgan Stanley Asks Bankers Who Want To Join Its Wealth-Management Team

RBC to shake up wealth division and cut jobs

Royal Bank of Canada is shutting down its international client-wealth-management business in the Caribbean, along with some international advisory businesses in Canada and the United States, following a “strategic review.”

UBS Group to Make Trading Debut Next Week After Share Swap

UBS has said the creation of the holding company will probably reduce the amount of capital the bank has to hold under Swiss too-big-to-fail rules. The bank expects to return at least 25 Swiss centimes per share to stockholders of the new group.

TMF Group Acquires leading provider of fiduciary services in South Africa

This deal provides the Company with a sizable platform from which to accelerate its growth strategy across Africa.

Alarm for Singapore bonds as private bank bid falters

Signs that wealthy private banking clients are reining in their appetite for Singapore dollar bonds could spell trouble for the small and medium-sized companies that are streaming to the city's capital markets.

HSBC's Swiss private banking arm under investigation in France

"We will continue to cooperate with the French authorities to the fullest extent possible," it added.

Private banks in Hong Kong are in an expansionist mood

Financial markets liberalisation in China and the growth of private wealth in the country are driving demand for private bankers in Hong Kong, a city where rich Chinese typically park a proportion of their assets.

Bankers Provide One-Stop Shop For Wealth Management Training

The American Bankers Association has created a one-stop shop for wealth management training for bankers and others.

Citigroup Risk Executive Miller Found Dead in New York

Miller “was highly regarded at Citi and across the financial services industry as a thought leader and tireless advocate for environmental and sustainable business practices,” bank executives wrote in a memo to employees in his division. &ldqu

Delegation turns on charm for Rio's business community

Luxembourg's leading politicians and dignitaries led a charm offensive in Brazil's second City, Rio de Janeiro, on Wednesday.

Investec Looking for More Wealth-Management Acquisitions

Asset Manager Is Aiming to Reduce Its Dependence on Banking

Wealth and Asset Management