03/31/2015
Northern Trust to Provide Global Custody Services for Nunavut Trust
The Nunavut Trust was established in 1990 to manage, on behalf of the beneficiaries, capital transfers paid to the Inuit of Nunavut as laid out in the Nunavut Land Claims Agreement signed by the Inuit of Nunavut and the Government of Canada.
03/31/2015
Scotiabank Bahamas To Close Branches, 50 Jobs To Go
Scotiabank (Bahamas) will soon close seven branches throughout the country, a move that will affect approximately 50 employees
03/31/2015
Italian online fashion retailer buys Richemont's Net-a-Porter
Italian online fashion retailer has agreed to acquire Richemont's Net-a-Porter in an all-share deal that will create an industry leader in the fast-growing online luxury goods market.
03/31/2015
The Swiss private bank Julius Baer expects to grow its business in the double digits annually over the next five years
03/30/2015
Move follows criticism from Dutch lawmakers
03/30/2015
Chairman David Kassie will assume the role of CEO on an interim basis until Mr. Reynolds is able to resume his duties.
03/30/2015
During the session, panellists discussed financial regulation, corporate governance, and jurisdictional competition, and agreed that collaboration between international finance centres was highly desirable.
03/29/2015
According to sources, HSBC has been asked by Indian authorities to show cause why action should not be initiated against it in case of non-cooperation with regard to "suspected tax evaders and offenders of tax crimes"
03/29/2015
He said BSI was a Lugano-based Swiss private bank that became part of Brazilian group BTG Pactual last year, and was previously owned by Italian insurance giant, Assicurazione Generali SPA.
03/29/2015
Standard Chartered should relocate to Asia as the expense of being based in London has become punitive after the UK raised its bank levy an eighth time
03/29/2015
Swiss group Dufry snaps up Italian rival
The holding company owned by the Benetton family
03/29/2015
His comments come as the centre of gravity of such institutions has shifted palpably from west to east, and as Asia is developing its own bodies to rival those in the west, such as the China-led Asian Infrastructure Investment Bank.
03/27/2015
European Wealth targets Asia Pacific
The drive will be led by stockbroker James Igoe, previously of Hume Capital
03/27/2015
Having gained regulatory approval, the 13 strong Luxembourg team will continue to serve existing clients, supported by Gentoo’s 29 employees based in Guernsey. The company will be renamed Gentoo Financial Services (Luxembourg) S. A.
03/27/2015
When Credit Suisse rolled out a new online private banking platform in Asia earlier this month, it trumpeted a bevy of benefits for wealthy clients in the region.
03/27/2015
The transaction is a part of Aberdeen's strategy to consolidate and strengthen further its alternatives platform
03/27/2015
Outstanding practitioners from the world of Swiss wealth management were honoured at a gala evening yesterday at Geneva’s Hotel President Wilson.
03/27/2015
The number of wealthy Russian investors employing a conservative wealth management strategy has more than quadrupled in two years, according to a report due to be released by Campden Research next week.
03/27/2015
International wealth manager launches ‘aggressive’ assault on UK market
“It remains unusual for internationally focused advisory firms to develop extensively in the UK.
03/26/2015
Credit Suisse Embraces A Boutique Approach
The asset manager focuses on its strengths to snare a larger role in managing Asia’s wealth