02/05/2015
Banque Heritage says to buy client assets from StanChart Swiss unit
Banque Heritage said on Thursday it will buy client assets from British bank Standard Chartered for an undisclosed price
Wealth and Asset Management
02/05/2015
Investec Asset Management Extends Relationship with State Street
State Street Corporation has extended its relationship with Investec Asset Management for another seven years to provide full middle office and fund accounting services across the UK, South Africa, Luxembourg and the United States.
02/05/2015
Banque Heritage to buy client assets from Standard Chartered Swiss unit
The move is part of a wave of deals expected from Swiss private banks amid a raft of challenges
02/05/2015
Canada's RBC, CIBC looked at buying Boston Private Bank: WSJ
RBC initially valued Boston Private at $2 billion
02/05/2015
Aberdeen Asset Management sees Emerging Market Flows Dip
Aberdeen Asset Management saw net equity outflows in the three months to the end of 2014 after investors moved money away from emerging markets in December.
02/05/2015
CIBC FirstCaribbean Private Wealth Management office opens in Nassau
A cocktail reception at Lyford Cay marked the occasion on January 28th, hosted by Marie Rodland-Allen, Managing Director for CIBC FirstCaribbean (Bahamas) Limited and Daniel Wright, Managing Director, CIBC FirstCaribbean Private Wealth Management.
02/04/2015
RHKYC announces Rothschilds as Official Wealth Management Partner
The Royal Hong Kong Yacht Club has today announced that the Geneva-based and family-owned financial institution, Edmond de Rothschild Group, has been appointed as the Club’s first Official Wealth Management Partner.
02/04/2015
First Republic Named Best Private Bank by PAM
First Republic Bank a leading private bank and wealth management company, has been named Best Private Bank – Overall, by Private Asset Management magazine.
02/04/2015
Fieldpoint Private Honored at PAM Awards
Fieldpoint Private, the fast-growing wealth advisory and private banking firm serving ultra high net worth families and institutions, announced that the firm has been named "Best Private Wealth Manager, Under $5 Billion"
02/04/2015
FFO Partner Evan Jehle to Address "The Potentials and Pitfalls of Outsourcing Family Office Functions" at PAM Breakfast Briefing
FFO (Flynn Family Office) today announced that partner Evan Jehle will be a featured speaker at the "PAM Breakfast Briefing" on on February 12th, 2015, at 8:30 AM at The Lambs Club at 132 West 44th Street in New York City
02/04/2015
Global Ultra Wealthy Population Hold Nearly US$3 Trillion In Owner-Occupied Residential Real Estate Assets
The United States is the most popular country for foreign ultra wealthy individuals looking to buy secondary residences, followed by the United Kingdom and Switzerland
02/04/2015
Billionaire Indians spending millions for Burj Khalifa address
BR Shetty, UAE-based industrialist, paid Dh45 million in 2005, to buy entire 100th floor
02/04/2015
Atlantic Trust Recognized for Excellence in Investments for Fourth Straight Year
Firm named Best Multi-Family Office-Overall-New Product by Private Asset Management magazine
02/03/2015
Julius Baer Isn’t for Sale, Chief Executive Collardi Says
Julius Baer shares jumped 8.6 percent to 40.84 Swiss francs, the biggest rally in more than five years, after the Zurich-based firm reported an almost doubling in 2014 profit and increased its dividend.
02/03/2015
Under the bonnet of the UK's newest wealth firm
Mediobanca’s new wealth management unit is targeting growth of £1 billion in assets within three years
02/03/2015
Hawksford Group expands Asian corporate presence with move into Hong Kong
The move follows the successful launch into Singapore last year, when the group bought Janus Corporate Solutions, and is part of a wider strategy to grow the company into an internationally recognised corporate, funds and private client company.
02/02/2015
Van Lanschot says chairman of Kempen & Co unit resigns
John Hak will conclude his activities in the coming period and will leave Kempen on 1 March 2015.
02/02/2015
Towry bids to buy Ashcourt Rowan in £97m deal
The offer represents Towry's biggest deal since its ill-fated acquisition of stockbroker Edward Jones for £1 in 2009.
02/02/2015
Is private banking shifting from Switzerland to Hong Kong and Singapore?
As the wealth of Asia-Pacific's high-net-worth individuals continues to swell, so too does the size and reputation of the region's private banking industry.
02/02/2015
Accountants As Wealth Managers
Accountants who effectively deliver wealth management solutions with a deep understanding of their clientele can dramatically, if not exponentially, increase profits at their firms.