07/20/2015
Morgan Stanley ‘Very Comfortable’ With Size of Its Wealth Business
With head count down slightly, the pretax profit margin rose to the company’s target range
Wealth and Asset Management
07/17/2015
What effect the end of banking secrecy?
Ending banking secrecy in Luxembourg on January 1 2015 has had a significant effect.
07/17/2015
Sticking to what you know to breed private banking success by Peter Flavel
“It probably takes five to seven years to grow a good young private banker,” he says, “and it requires deep pockets.”
07/17/2015
Vontobel Asset Management launches institutional mutual funds
Launching these institutional mutual funds is a significant initiative for Vontobel.
07/17/2015
UBS CIO Mentoring Blockchain Startups
Apart from the blockchain startups, Bussmann is guiding social media analytics firms such as Datasift and Singular Intelligence.
07/17/2015
GoldCore confirms management buyout of wealth division
Company will focus on precious metals brokerage and storage offering
07/16/2015
Leading Sydney financial adviser joins Fitzpatricks Private Wealth
We are delighted that Ross has chosen Fitzpatricks as his licensee of choice.
07/16/2015
HEDGE FUND INTERN: A 'monkey' could be a junior banker at a place like Goldman Sachs
Sharp young Wall Streeters are increasingly finding ways to avoid doing time at investment banks.
07/16/2015
Laser-focused on wealth management – Abberley
That said, the firm is committed to becoming a fully vertically integrated wealth manager
07/16/2015
Wealth Adviser: Not Enough Advisers Plan Endgame
More financial advisers need to practice what they preach to clients.
07/15/2015
Lion City to shed some private banks
Competition between Singaporean private wealth players and foreign groups is roaring in the Lion City but only the fittest will survive.
07/15/2015
Ex HSBC boss 'we didn't get it right' on Swiss bank
Former HSBC boss Lord Green has admitted the bank "didn't get everything right" when buying the Swiss private bank at the centre of a tax evasion scandal.
07/15/2015
UBS China to Open Shanghai Branch This Year
Building a strong franchise in China is a priority as the world’s largest money manager to the rich endeavors to raise its profile.
07/15/2015
Thiam Should ‘Squeeze’ Bank Before Tapping Owners, Herro Says
Credit Suisse Group AG Chief Executive Officer Tidjane Thiam should avoid tapping investors for funds by getting more out of the company first, said one of the bank’s biggest shareholders.
07/15/2015
Charles Stanley completes sale of securities division
In a brief stock market update, the company said the deal, which is for an undisclosed sum, was officially signed off earlier this morning.
07/15/2015
Summit Trust expands into the Cayman Islands
Summit, was founded in Geneva in 1999 as Close Trustees Switzerland by Daniel Martineau, Stella Mitchell-Voisin and Robin Lee Smith.
07/15/2015
Wealth Management In Nigeria
Outbound summer holiday seekers may not be the only ones feeling the brunt of the weak Naira.
07/15/2015
Wealth Manager Golden Equator Lauches L/S Quant Hedge Fund
Golden Equator Capital is launching a quantitative long-short equity hedge fund to bet on and/or against stocks in Europe, Japan and the U.S.
07/15/2015
Jersey's Enhance Group to open Asia office
Jersey-based investment and wealth consultancy Enhance Group said it will open a Singapore office to tap into the growth of private wealth across Asia.
07/15/2015
New Wealth Advisors Rebrands
The new brand identity emphasizes the Firm's fundamental focus on the management of "assets" that an individual or institution owns or controls with the expectation that, over time, they increase in value and provide future benefit.