Managers of Wealth

UBP launches small and mid-cap Swiss equity fund

Citywire + rated Eleanor Taylor Jolidon, who runs the Swiss equity fund, is the lead manager of the new fund

Tidjane Thiam flags acquisition ambition with Credit Suisse investors

Credit Suisse’s new chief executive has sounded out its main investors about plans to expand the Swiss bank’s asset management operations, potentially through an acquisition, according to people familiar with the talks.

Tapping Asian wealth means going local for foreign banks

Global investment banks will find it more costly to unlock wealth in Asia as regulatory changes make accessing domestic markets tougher

Old Mutual Int’l launches trust campaign for offshore advisers

Old Mutual International has launched a campaign to promote “under-utilised” trusts among offshore advisers and will launch further support tools “shortly”.

Swiss Banks Rehabilitating Russia With Year’s Biggest Eurobond

Success in the sale, led by Credit Suisse Group AG and UBS Group AG, may mark the revival of a market closed to all but the biggest Russian companies since the nation’s incursion into Crimea.

Morgan Stanley head count dips to record low

Largest firm by number of advisers cedes ground with 3% one-year drop; executives point to shedding of lower producers

Syz: Bankers abused the Swiss label of quality

Dozens of private banks are still waiting to learn their fate.

Bordier Sees Dead End for Swiss Banks Managing Under $5 Billion

Swiss private banks with less than $5 billion under management will largely disappear due to the soaring cost of regulation, Bordier & Cie said.

Hans Angermueller, Once in Running to Head Citi, Dies at 90

Mr. Angermueller was the bank’s face to Washington for years

Evolve Media to tap the affluent market with Martini Media acquisition

This is a very passionate audience and one with real discretionary spending power.

Swiss private bank aims to build Asia presence

Private bank's March purchase of Coutts gives it 'a more normal size' in region: CEO

UBS back as sponsor in massive boost for Hong Kong Open golf tournament

Bank returns as title sponsor for flagship event, with big names likely to follow as prize money increases dramatically after period of struggle

Julius Baer U.S. Tax-Probe Finale May Spur Dealmaking: Real M&A

Julius Baer Group Ltd. should have cash to purchase rivals even as it prepares to settle a four-year probe into tax evasion by the U.S. Justice Department.

Julius Baer U.S. Tax-Probe Finale May Spur Dealmaking

Julius Baer Group Ltd. should have cash to purchase rivals even as it prepares to settle a four-year probe into tax evasion by the U.S. Justice Department.

Standard Chartered announces new regional and business structure

Africa & Middle East to form part of new regional business structure

Top Swiss Bank Julius Baer Enters Mexico Predicting Wealth Surge

The current management team will continue to lead the business independently with the same staff and pursue the same client-focused strategy

Independent trust compan calls on Jersey trustees to encourage clients to support local charities

Independent trust company is calling on fellow Jersey trust businesses to encourage their clients to support local charities as part of their wealth management strategy.

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

What effect the end of banking secrecy?

Ending banking secrecy in Luxembourg on January 1 2015 has had a significant effect.

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.”

Wealth and Asset Management