08/26/2014
Is Switzerland really the country of bankers?
Professions are not usually associated with a particular country, yet everybody has heard of the 'Swiss banker'.
08/26/2014
Pictet, which is still owned by eight partners, did not provide any comparisons with previous periods, saying that it had changed its accounting method this year.
08/26/2014
Pictet in profit as wealth manager reveals results for first time
Pictet, which is still owned by eight partners, did not provide any comparisons with previous periods, saying that it had changed its accounting method this year.
08/26/2014
A handful of outsiders are hired annually with that title.
08/26/2014
Lichtenstein-based private bank pulls Swiss arm out of US programme on tax evasion
A spokeswoman for the bank said it had set aside 3 million Swiss francs ($3.3 million) in provisions for the investigation.
08/26/2014
Swiss private banks are preparing for an increase in acquisitions after declining profitability and provisions for a U.S. Justice Department probe into tax evasion hurt earnings.
08/26/2014
Wealth Manager can reveal the review has entered its second stage and will see the regulator conduct so-called 'deep dive' audits amongst a number of private client investment divisions that allocate large sums to internal funds.
08/25/2014
RBS could split Coutts International to woo Asian buyers
RBS will start the process saying they are selling it as a whole
08/25/2014
Morgan Stanley managers depart amid reorg
A number of Morgan Stanley Wealth Management directors have left the firm amid a reorganization of the managed-accounts unit and streamlining of operations
08/24/2014
Seven things you should know about Raja Sharma
Sharma is managing director for Merrill Lynch Private Banking and Investment Group
08/24/2014
She also owned, along with her three children, the wine houses of Chateau d'Armailhac and Chateau Clerc Milon.
08/22/2014
Best private bank for Asia announced
Asia now accounts for half of the private bank's global structured product sales.
08/22/2014
Morgan Stanley Wealth Management now has a combined $5.2 billion outstanding in forgivable loans to advisers–which works out to $321,402 per adviser in its ranks, InvestmentNews says.
08/22/2014
Switzerland’s two largest closely held banks are poised to publish their earnings after two centuries of secrecy.
08/22/2014
Second representative office in the USA, adding New York City to its well-established presence in Miam
08/22/2014
His main asset is confectionery Roshen, one of the world’s top-20 largest
08/22/2014
Handelsbanken acquired Heartwood in May 2013.
08/21/2014
Swiss private banks are preparing for an increase in acquisitions after declining profitability and provisions for a U.S. tax program prompted more than one-third to report a loss last year
08/21/2014
Today the World Bank priced a $12.057 million World Bank Step-Up Callable Green Bond sold to Merrill Lynch Wealth Management clients.
08/21/2014
The bank will act aggressively on all fronts