06/04/2012
Switzerland’s tax issues have “short and medium-term negative impact” on new client money, Der Sonntag reported, citing Hans-Ulrich Meister, the head of Credit Suisse Group AG’s private banking business
06/04/2012
The integration is the latest step in UBS Chief Executive Sergio Ermotti's plan to shift the Swiss bank's primary focus to client and advisory businesses and pare down its investment bank following an embarrassing trading scandal last year.
06/01/2012
Players Must Take Action on Pricing, Costs, Risk, and Client-Centricity to Raise Their Games in Low-Growth, High-Regulation Climate, Says The Boston Consulting Group's New Report on Global Wealth
06/01/2012
Wealth in North America declined 0.9 percent to $38 trillion, while western Europe posted a 0.4 percent drop to $33.5 trillion, the report said.
06/01/2012
While the U.S. still has the world's biggest population of millionaire households, they shrank in number by 2.5 percent to 5.1 million in 2011 compared with a year earlier.
06/01/2012
When Andy McLaughlin met staff at one major private banking group to complete a client transfer, he was staggered. “It was jaw dropping how primitive its methods were
06/01/2012
The next step will be an office in Saratoga Springs.“We believe that within the next five years we can grow to about 50 advisers in the area,” Prescott said.
06/01/2012
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Investing Secrets of the Ultra-Wealthy
06/01/2012
Collins Stewart Wealth Management, headed by CEO Neil Darke, is to be rebranded Canaccord over the next 10 months.
06/01/2012
Treasury chief George Osborne announced in his March budget that he would limit the amount philanthropists could claim off their tax bill amid concern people were donating only to minimize tax payments.
06/01/2012
Coghill, who had over 20 years of experience in industry and commerce in the UK and overseas, founded City AM in 1988.
06/01/2012
Players says investors are flocking to this space as equities are not doing too well and real estate still offers 10-12% returns
06/01/2012
Gates will join some of India's richest in Bangalore on June 1 at the invitation of Azim Premji and Ratan Tata to talk about philanthropy.
06/01/2012
Real estate investment trust Great Portland Estates has bought interests in two properties in the heart of London's St James's district from fund management firm Henderson Global Investors.
06/01/2012
Customers are increasingly looking to Switzerland for “stability in this shaky world,” he said.
05/31/2012
The new entity will be named UBS (China) Ltd., and is scheduled to start operations in Q3, the bank said in a statement.
05/31/2012
Sheikh Khalid Bin Zayed Al Nahyan, a member of the Abu Dhabi royal family, joined Prince Andrew, The Duke of York, to open the office at One Hyde Park, the 1 billion pound luxury Candy and Candy development located near the Harrods department store.
05/31/2012
Swiss advisory and fiduciary service firm opens first Asian office
Veco Invest (Asia) is headed by managing director Peter Lee, who brings to this role more than 20 years of experience in investment and banking.
05/31/2012
Confirming the reports to Gazette Business, Bank of Botswana’s Spokesperson Andrew Sesinyi said, the reserve bank granted a banking licence to ABN AMRO Bank (Botswana) Limited, whose main focus is financing of diamond businesses and related entities
05/30/2012
In the midst of the eurozone debt crisis, some financial managers are touting alternative "passion" investments for the well-to-do who are turning their backs on stock and bond markets.