Managers of Wealth

Nixon leaves Royal Bank of Canada after long and profitable run

Analysts, journalists and central bankers mostly seem to have only admiration for the 57-year-old’s record in running Canada’s biggest bank by market value since 2001.

C. Hoare poaches clients from big banks with its 'boring' image

Hoare’s wealth management unit grew its funds under management by almost a fifth to £1.56bn, according to its annual report, which will be filed with Companies House on Monday.

Absa Wealth bleeds talent at the top amid mutters over pay

More than 11 key staff have left WIM since October last year. When staff leave specialised units such as WIM revenue tends to follow them to their new companies because of the relationship they have with their clients.

Nedbank boss plans leadership shake-up

The executive shake-up was alluded to in Nedbank’s recent update to the market after Brown missed his self-imposed deadline to appoint a new retail and banking head by the beginning of this month.

Deutsche Bank to focus more on wealth management

German Lender to Report Second-Quarter Earnings on Tuesday

Aberdeen assets fall as clients withdraw funds

Assets under management £322.5 billion

JP Morgan questioned on private bank impropriety

Being transparent is part of our normal course of business and it's what drives our client communications

Bellevue Group reports higher profits - quantum leap in Asset Management

The world economy showed moderate growth and major central banks maintained a generous supply of liquidity.

IFA boosts assets above £800m with Scottish acquisition

The transaction will immediately add £40m in funds under management bringing the AFH's total to £820m and total adviser count to 127.

Societe Generales in Luxembourg mandated by leading European wealth manager

As a leading securities services provider in the Luxembourg financial market, SGSS provides a complete range of securities services for asset managers and institutional investors, including settlement, custody and trustee services, fund administration, mi

Rathbones named manager for £10m Charity Bond Support Fund

It is hoped that this will be able to cost effectively meet its financing needs and invest in long term growth whilst increasing the impact of the organisations work.

From private jets to private banking: exciting career changes in Chinese financial services

Financial services employers in mainland China are a fairly flexible lot when it comes to recruitment.

One of Wall Street's greatest legends dies

Alan "Ace" Greenberg, the former chairman and chief executive officer of Bear Stearns Cos Inc, died on Friday at the age of 86 after a bout with cancer.

Aust Unity bids for Premium Wealth Management

The companies announced they had executed a non-binding indicative offer under which Australian Unity Personal Financial Services would acquire all the shares in Premium Wealth Management.

In the big bank asset sell-off, clarity is key - UBS chief

After the global financial crisis prompted banks and regulators to look again at what constitutes safe capital, many big lenders have been moving trillions of euros of unwanted assets into divisions like the one Molinaro runs.

UN Seeks Swiss Private Banker Funding for Geneva Facelift

Helping rebuild the Palace of Nations, which has cemented Geneva’s reputation as a center of peace talks, would be the right thing for the banks to do

Luxembourg tax regime: Under siege

The low-tax system that has brought great prosperity to the Grand Duchy now threatens to become a liability

Cantor Fitzgerald sees opportunities - will continue to hire

Cantor Fitzgerald’s Shawn Matthews sees the fixed-income landscape only getting worse for the largest banks in the coming years, creating opportunity for securities firms like his.

Brown Shipley to overhaul fund range

Brown Shipley is planning to revamp its suite of funds later this year in a process that will include the launch of two new products.

European Wealth updates on Bradley Stuart acquisition

Bradley Stuart generated turnover of around £1.28 million in the year ended April 30, 2012

Wealth and Asset Management