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Wealth and Asset Management

02/23/2015

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.

02/23/2015

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.

02/23/2015

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

02/22/2015

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.

02/22/2015

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

02/21/2015

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.

02/20/2015

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.

02/20/2015

Wealth management market growing rapidly in China

According to McKinsey & Company, some 60% of China's high-income earners have assets abroad, and their overseas investments account for 10% of their total assets.

02/20/2015

Skënderbeg launches four single-manager funds with Your Wealth AG

Skënderbeg Funds AGmvK, an investment fund for qualified investors under Liechtenstein law (umbrella fund), launched four traditional single-manager funds together with Your Wealth AG on 12th January.

02/20/2015

UBS shifts capital strategy as regulatory goalposts move

The decision by UBS to shift stance and issue high-trigger CoCos paid off early after the Swiss government announced on Wednesday

02/19/2015

Lombard Odier’s three-year plan to double UK wealth assets

Dominic Tremlett first came to London as Lombard Odier’s head of UK private banking two years ago

02/19/2015

UBS to combine EU businesses in one unit: Handelsblatt

A preliminary decision on where the unit will be based is to be made next week, the paper said, adding that talks with German financial watchdog Bafin were advanced.

02/19/2015

Bank’s film schemes set up to avoid tax

HSBC’s London office earned millions of pounds in fees by creating some of Britain’s largest tax avoidance schemes

02/19/2015

Rachel recognised with Gold award from Close

Close Finance’s Rachel Scott Renouf has won a gold award in the Group’s inaugural Recognition Awards.

02/19/2015

Private Wealth Management Industry Invests In More MBA Talent by Seb Murray, MBA Careers

Wealth management companies and units at banks have increased global recruitment significantly, as wealth managers grapple with new technologies and regulatory changes.

02/19/2015

Two Deals Bring Attention to Banking’s Safra Family

On a single day last fall, two deals were coming together that would draw unusual attention to a banking family that prefers to remain in the shadows

02/19/2015

Wealth-X acquires preeminent wealth market research and advisory firm

With the acquisition, Wealth-X will employ more than 250 professionals across offices in 13 cities, including London, Singapore and New York.

02/19/2015

Under the bonnet of Heartwood-Handelsbanken tie-up

Heartwood was ahead of most rivals with its mass-market proposition launch last year

02/19/2015

HSBC made £2.3m from Sven and Fergie's tax scheme

HSBC made £2.3 million from the Eclipse 35 tax avoidance scheme used by former football managers Alex Ferguson and Sven-Goran Eriksson

02/19/2015

Rathbones to launch private office and rebrand in key 2015 moves

Rathbones is launching a private office for high net worths and plans to rebrand in key initiatives to meet its growth targets.

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