Managers of Wealth

UBS needs more than just an EM figurehead

But the sub-prime crisis cost UBS dearly. It was forced to sell Pactual to raise much-needed capital and cut back in various areas.

Aussies say no thanks to private bankers

Although the survey covered more than 600 high net worth individuals in Australia, that single anecdote told a lot about the imperfect customer acquisition.

Julius Baer reports 4% increase in AUM

The increase in AuM was driven by continued solid net new money and a positive market performance, which together outweighed the negative currency impact.

Coutts appoints Head of Products and Services in Asia

Most recently he was Managing Director and Head of Wealth Management Sales across Asia Pacific for HSBC.

LPL Nabs $560M Team

LPL Financial announced that it has lured The Botsford Group, a regional advisory firm, to its wealth management platform, the company announced.

Ladies, mind the ceiling. CEOs say no to women for senior management positions

It found 68 per cent of respondents said they would not be mandating that female candidates be included in any short list to fill senior management positions over the next six months.

Futurepriority Report 2012: Asia’s emerging wealthy by Scorpio Partnership

Groundbreaking insight from 2,800 HNWs across nine Asian markets has revealed that Malaysians, Indians, Indonesians and Thais are the most content when it comes to their life-wealth balance .

RBS: The bank that's selling charity

Royal Bank of Scotland is targeting India's young super-rich with a range of products designed to help make giving to the needy easier and more efficient.

Australian unions call for Buffett-style rich tax

Mr Lyons said the ACTU policy would be similar to top-end tax changes debated recently in the United States requiring those earning more than US$1 million per year to pay at least 30 percent in taxes.

Bankers fight new EU cap on bonuses

Brussels sources indicated that there is a high probability that the resolution will be passed, which would then need to be ratified by the European Commission before becoming law.

High earners say au revoir to France

The annual mass exodus from the French capital sees the city's inhabitants while away the August heat in the countryside.

RBS boss: Life is not about money (and this from a man who pockets £1.2m a year)

Mr Hester told pupils at a South London school that life ‘is about doing things that make you feel valuable, not necessarily measured by money’.

Millionaire financier under investigation over £5m 'fraud'

he fine by the Financial Services Authority and the Securities and Exchange Commission related to the use of millions of dollars of investors' money to prop up failing investments held by the company. Mr Ruffle,

Shanghai's wealthiest residents revealed

Of the super-rich individuals in Shanghai, 75 per cent are business owners. Real-estate investors account for 15 per cent. And finally, professional investors account for 10 per cent of super-rich individuals in Shanghai.

Rich Indian's new faith: Succession planning via trusts

. Indians are no different. As a result,

Where Are the Female Billionaires?

the Forbes list of billionaires worldwide

Credit Agricole private banking eyes bigger Gulf portfolio

Credit Agricole Suisse, a private bank belonging to the Credit Agricole Group is targeting a significant share of the private wealth management mandate in the Gulf and the Middle East, its top officials said in a recent interview with Gulf News.

Moscow Is The Home For The Super Rich?

Moscow is now the new home for billionaires all over the world.

Vestra Wealth to launch DFM aimed at IFAs' US clients

Vestra’s new service will be available to IFAs to outsource to once permission comes through from the US regulator, the US Securities and Exchange Commission.

Butterfield seeks to cash in on London high-end property boom

The Bermuda bank’s UK operation is among a growing number of foreign private banks entering the London mortgage market by offering home loans in excess of £1 million.

Wealth and Asset Management