11/24/2014
Italian bank eyes UK's Coutts International
The bank’s chief executive said asset managers, insurers and private banks, were all in his sights, with expansion in the UK being a top priority.
11/24/2014
Strong growth moves Asia’s billionaires to top of the tree
As the world’s wealthy continues to grow richer at double-digit rates – and nowhere faster than in StanChart’s Asian heartland – it would seem there should be more than enough business for all those wishing to serve that growing ma
11/24/2014
Big is no longer always beautiful in private banking.
11/24/2014
China's rich visa-seekers are discovering alternatives to foreign investment visa schemes in the US, Canada and Australia, and are increasingly applying to Europe and the Commonwealth Caribbean.
11/24/2014
Europe’s centuries-old private banks have seen better times
Europe’s economy might be growing much more slowly than its US and Asian counterparts, but it still has solid fundamentals of wealth
11/23/2014
Hedge Fund Institutionalization: Are You Ready to Outsource Performance and Analytics by Denis Melekhov, SS&C
In the past, high net worth individuals have traditionally been the primary source of hedge funds’ assets and have been their catalyst for growth.
11/21/2014
Family-Owned Bank Continues Internation Acquisitions With Bahamas Buy
Over the last 12 months our Group has been developing an international network of locations from which we can best support the needs of our UHNW client base.
11/21/2014
Morgan Stanley now has the hottest wealth-management division on Wall Street
A Super-Tough Question Morgan Stanley Asks Bankers Who Want To Join Its Wealth-Management Team
11/21/2014
RBC to shake up wealth division and cut jobs
Royal Bank of Canada is shutting down its international client-wealth-management business in the Caribbean, along with some international advisory businesses in Canada and the United States, following a “strategic review.”
11/21/2014
UBS has said the creation of the holding company will probably reduce the amount of capital the bank has to hold under Swiss too-big-to-fail rules. The bank expects to return at least 25 Swiss centimes per share to stockholders of the new group.
11/21/2014
TMF Group Acquires leading provider of fiduciary services in South Africa
This deal provides the Company with a sizable platform from which to accelerate its growth strategy across Africa.
11/21/2014
Signs that wealthy private banking clients are reining in their appetite for Singapore dollar bonds could spell trouble for the small and medium-sized companies that are streaming to the city's capital markets.
11/21/2014
"We will continue to cooperate with the French authorities to the fullest extent possible," it added.
11/20/2014
Private banks in Hong Kong are in an expansionist mood
Financial markets liberalisation in China and the growth of private wealth in the country are driving demand for private bankers in Hong Kong, a city where rich Chinese typically park a proportion of their assets.
11/20/2014
Bankers Provide One-Stop Shop For Wealth Management Training
The American Bankers Association has created a one-stop shop for wealth management training for bankers and others.
11/20/2014
Citigroup Risk Executive Miller Found Dead in New York
Miller “was highly regarded at Citi and across the financial services industry as a thought leader and tireless advocate for environmental and sustainable business practices,” bank executives wrote in a memo to employees in his division. &ldqu
11/20/2014
Delegation turns on charm for Rio's business community
Luxembourg's leading politicians and dignitaries led a charm offensive in Brazil's second City, Rio de Janeiro, on Wednesday.
11/20/2014
Asset Manager Is Aiming to Reduce Its Dependence on Banking
11/20/2014
Old Mutual Global Investors has entered an agreement with Latin American platform business AIVA to broaden the availability of its fund range in the region.
11/19/2014
Morgan Stanley Wealth Management Forms Global Sports & Entertainment Division
An inaugural group of Financial Advisors across the country has been chosen for their experience working with athletes, entertainers, directors, writers, producers, owners, agents and business managers.