09/19/2014
A KBC spokesperson declined comment, citing confidentiality, but said the bank would make a statement “if there was relevant news.” Antwerp Diamond Bank CEO Pierre De Bosscher and Yinren did not respond to requests for comment.
09/19/2014
STEP Private Client Awards 2014/15
Sir Michael Birt QC was honoured with the prestigious Lifetime Achievement Award
09/19/2014
The bank will face stiff competition in the UK, both from the private banking units within large High Street institutions, such as Barclays and HSBC, as well as established private banks like Coutts.
09/18/2014
Private banks set to benefit from UK account switching
“Seven day-account switching will really come into its own when private banks start offering current accounts for all in 12-36 months’ time to promote early loyalty,” said Mike Davies
09/18/2014
ANZ's partnership with Vontobel to offer private clients access to the Swiss private bank's investment solution has attracted $1 billion in less than a year
09/18/2014
But Chief Executive Boris Collardi said any move on the bank was far off and a deal would be "very expensive".
09/17/2014
Efforts to tempt wealthy individuals to island increased
Guernsey is following in Jersey's footsteps with a campaign to attract wealthy people and their businesses to the island.
09/17/2014
Another Chinese ‘Wealth Management’ Product Bites The Dust
A potential default of 4 billion yuan by a nondescript Chinese bank reignites concern on risks from the country’s shadow banking sector - but an IMF blog says the sector is a mix of good and bad.
09/17/2014
Wealthy families around the globe have started shifting assets into stocks from bonds, reflecting increasing optimism about the outlook
09/16/2014
Private bank and wealth manager unveils new discretionary fund management service for IFAs
The firm already has a risk-profiled range of six portfolios that are audited by Distribution Technology.
09/16/2014
For the month of August, the Certitude Global Investing Index found a sharp fall in investor confidence for Australian equities.
09/15/2014
Almost Half of Rich Chinese Consider Move, Barclays Says
Almost half of China’s wealthy are considering relocating to a developed market within the next five years to find better education and job opportunities for their children
09/15/2014
When their nest is empty but the nest egg looks large, clients often get an urge to make big gifts of money to their children.
09/15/2014
These new portfolios Investing with Impact Balanced and Investing with Impact Equity will provide Morgan Stanley Wealth Management clients the opportunity to effectively align their financial goals with their personal values.
09/14/2014
SS&C GlobeOp Hedge Fund Performance Index: August performance 1.10%; Capital Movement Index: September Net Flows Advance 0.58%
09/12/2014
Currently all asset classes and geographies appear fairly or fully valued and there is broad consensus the European Central Bank will begin quantitative easing to fend off deflationary pressures.
09/12/2014
The pace of dealmaking in Swiss private banking, prompted by higher regulatory and compliance costs and thinner margins, is lagging expectations
09/12/2014
Asia’s booming economies are churning out new millionaires at a rapid rate and wealth managers have been vying for a slice of this growing pie
09/12/2014
The three medals were prepared and struck by the United States Mint and bear unique designs for the World Trade Center, the Pentagon, and Flight 93 in rural Pennsylvania.
09/12/2014
Technology is getting smarter, faster. Are you? Experts including the authors of The Second Machine Age, Erik Brynjolfsson and Andrew McAfee, examine the impact that “thinking” machines may have on top-management roles.