09/08/2014
Quilter Cheviot rejects £600m Old Mutual bid as Investec lurks
A flurry of deals has been accelerated by regulatory reforms known as the Retail Distribution Review, which have altered the way that wealth managers are remunerated for their work, shifting from a largely commission-based system to one predicated upon th
09/08/2014
After Merill Lynch merger, Julius Baer grows in Lebanon
The group noted in its presentation that the integration of Merrill Lynch’s international wealth management business entered its final phas
09/08/2014
ABN Amro rises again
Singapore's oldest surviving bank says Republic is critical to its growth
09/08/2014
The GCC continues to be a standout region for wealth creation
Some of these newly affluent clients are the product of market performance and the broader impact of GCC economic growth. Others are Arab, Asian and Western expatriates. This is driving overall demand for basic investment services and financial planning,
09/08/2014
Growth Capital: Nutmeg - tech take on wealth management that lets you start with just £1000
It’s heartbreaking to see how antiquated the wealth-management industry is
09/08/2014
Tilney Bestinvest finalises charity team plans
Company chief investment officer Gareth Lewis will have a strategic oversight role in investment strategy.
09/07/2014
Stockbroker snaps up private wealth unit
The land grab continues among the stockbroking community.
09/05/2014
Credit Suisse combines Europe private bank
Significant progress has been made in solving legacy cross-border tax matters with the aim to finalise by the end of 2015
09/05/2014
No more secrets - Swiss banks learn to shape up, not shut up
The key paradigm shift is that, in the old days, Swiss private banking imported clients
09/05/2014
Private bankers link training to take-up of funds
The structure that has been put in place to promote funds has been quite successful
09/05/2014
No more secrets - Swiss banks learn to shape up, not shut up
Switzerland's allure as a place to stash cash has been badly damaged by a U.S.-led campaign against tax cheats, and the country's roughly 140 private banks can no longer rely on a reputation for secrecy to attract wealthy customers.
09/05/2014
HSBC Private Bank moves Swiss trust business to Jersey
The bank will retain Swiss-based trust front offices in Geneva and Zurich, as HSBC Switzerland is a key international booking centre for its global private banking operations.
09/05/2014
Bob Diamond venture pays $270m for Africa bank stake
Atlas Mara ups stake in Union Bank of Nigeria to 29.9pc as it attempts to profit from African growth
09/05/2014
Scotiabank Realigns Global Wealth & Insurance to Take Business Closer to Customers
Insurance Canada and International Insurance will be realigned to the Canadian Banking and International Banking Business Lines respectively.
09/04/2014
The FCA is expected to reveal its findings at the end of September
09/04/2014
The bank’s largest wealth-management deal was its August 2011 purchase of a 41 percent stake in American Century Investments for $848 million.
09/04/2014
“Dynamic firms need to carefully consider their choice of partner in order to realise their ambitions.”
09/04/2014
The Zurich-based firm said it’s focusing on a niche group of affluent Canadians whose financial needs aren’t being met by domestic banks or foreign companies with private-wealth operations.
09/04/2014
Leave it to Wall Street to come up with a new product that solves the “problem” of longer life spans
09/03/2014
A wealth manager is someone who wanted to be a banker, but didn’t have the personality for it
Disruption shakes up tradition-bound industry