10/10/2014
Old Mutual Sweetens £650m Bid For Wealth Firm
People close to the situation said that a deal between the two companies was not certain
Wealth and Asset Management
10/10/2014
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.
10/10/2014
A Deal Maker Tries to Tune Up UBS’s Investment Bank
“Nobody says Ferrari doesn’t make cars or is too small to exist"
10/10/2014
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
10/10/2014
Fiduciary September and What’s Possible
The speakers at these events reaffirmed already-established views, but they also did more.
10/10/2014
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’.
10/10/2014
Luxembourg as a financial centre
A little country with more to its repertoire than tax breaks
10/09/2014
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
10/09/2014
Africa’s Biggest Lender Woos Swiss Investors to Property
Investors are looking for growth in their portfolios
10/09/2014
Tiny Liechtenstein plans push into Islamic finance
The financial regulator is exploring tax and legal amendments to facilitate sharia-compliant wealth management
10/09/2014
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.
10/09/2014
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.
10/09/2014
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.
10/09/2014
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.
10/08/2014
Asia private banks get US amnesty warning
Private banks in Asia could well be next under the spotlight as US authorities step up their campaign to clamp down on tax avoidance, according to Latham & Watkins.
10/08/2014
Wealth Management Association to lead strategic review of industry
Incoming chief executive of the Wealth Management Association Liz Field is to spearhead a strategic review of the industry and is calling on the trade body's members to give their views.
10/08/2014
Private Banking Special 2014: The Rise Of Asia
Singapore and Hong Kong offer service quality, professionalism and expertise, writes Fouad Hamiyeh, head of UAE Offices, Crédit Agricole Private Banking.
10/08/2014
Wealth-X Launches UHNW Philanthropy Report At Global Citizen Forum In Toronto
Wealth-X launched the Wealth-X and Arton Capital Philanthropy Report 2014 at the Global Citizen Forum in Toronto on 3 October 2014. Wealth-X CEO Mykolas Rambus presented findings from the report and David Friedman, Wealth-X President, spoke on a panel on
10/08/2014
Wealth-X Named Founding Chair Of Global Residence and Citizenship Council
The Global Residence and Citizenship Council and its founding members aim to create awareness of the standards in the global residence and citizenship industry and the due diligence governing these processes in order to ensure that they are maintained at
10/08/2014
AIC bemoans IFAs holding trusts but refusing to recommend
The director general of the Association of Investment Companies has bemoaned the fact that a number of financial advisers are not offering investment companies to their clients, despite seeing the benefits and using them in their own portfolios.