11/10/2014
The master who teaches the Merrill herd to graze on wheatgrass and chia
A wellness guru who has gained influence under John Thiel's leadership of Bank of America's Merrill Lynch wealth management business.
11/10/2014
Two days of panels, discussions and networking were well attended by industry representatives from family offices, asset management firms, hedge funds, private equity and domestic and international banks.
11/10/2014
Shareholders will be looking for more reassurance that the bank’s new structure will deliver cost savings and growth.
11/10/2014
Wealthy clients opened offshore trusts and lodged money through him
11/10/2014
Stifel Completes Acquisition of 1919 Investment Counsel & Trust Company
1919 Investment Counsel provides customized investment advisory, trust and family offices services,
11/10/2014
Switzerland is set to become the third-biggest gold holder should voters choose this month to force the Swiss National Bank to increase its bullion reserves.
11/07/2014
Next year’s pension liberalisation will provide a “bumper” opportunity for advisers
11/07/2014
The bank renamed its commercial and merchant banking segment to just corporate banking and its mission is designed with a sector-based approach that includes commercial clients, international clients and capital markets solutions.
11/07/2014
Canaccord Genuity CEO Says Seeking Wealth Deal in U.K.
Canaccord Genuity acquired the private-wealth management division of Eden Financial Ltd. for $20.8 million in 2012 to expand its business in the U.K. A year earlier, the firm purchased British brokerage Collins Stewart Hawkpoint Plc for $393 million.
11/07/2014
Wells Fargo prods elite bankers, brokers to share more clients
Battles between brokers and private bankers for very wealthy clients have always been fierce, but Wells Fargo & Co is changing its rules to encourage partnerships of the two rivals that it says will open a $300 billion opportunity.
11/07/2014
UBS AG has established a new team in Hong Kong to provide advisory and investment solution services in Asia Pacific to meet increasing interests among investors to pursue a sustainable investment approach
11/07/2014
Harrods eyes retail banking
The new plan looks more mainstream. Harrods is set to launch a standard savings account next year, building on the mortgage product it launched in 2014.
11/07/2014
Women will retire with two-thirds the assets of men, yet they will live six to eight years longer.
11/07/2014
Goldman doesn’t break out its assets has under management for Asia Pacific, but publications that track the industry says it has about $45 billion, putting the private bank either in 11th or 13th place in the region, depending on which rankings you
11/06/2014
AN INVESTMENT firm formerly associated with Dominique Strauss-Kahn has declared itself insolvent following the discovery of new dealings that the firm says have knocked its financial situation.
11/06/2014
Wealth Manager’ - Coming soon on Bloomberg TV
Bloomberg TV India, the country's leading English business news channel, will unveil the show “Wealth Manager”.
11/06/2014
Long-term funds had net sales of $631 million and money market funds had net redemptions of $62 million. Assets under management increased by 1.1 per cent.
11/05/2014
Wealth managers must innovate or else stand to lose high net-worth clients
New players with technology at their core are shaking up the private banking industry
11/05/2014
Belgian Bank Awarded Double Honours
Subsequently the services and levels of attention to clients are exceptionally high, leading to its reputation as one of the most proactive private banks in Belgium
11/05/2014
The proposal from the “Save Our Swiss Gold” proponents is simple: Force the central bank to build its bullion position up to at least 20 percent of total assets from 8 percent today.