10/13/2014

UAE wealth management sector set for increasing consolidation

The UAE’s wealth management sector is on track for increasing consolidation in the coming years, as a booming economy and increased infrastructure spending attract local and international operators, according to James Fleming, the global chief execu

10/13/2014

Van Lanschot launches new wealth planning advisory service

Van Lanschot today presents a new-style wealth planning advisory service: an innovative concept that meets the increasing need of private banking clients for creation and preservation of their wealth. Richard Bruens, Member of the Board of Managing Direc

10/10/2014

RBS tells Coutts to cut costs by a fifth

It forms part of RBS’s broader target to bring the cost/income ratio of its Commercial & Private Banking division, which houses Coutts, down to 60% via ‘an active programme of cost savings’.

10/09/2014

End of Swiss banking secrecy in sight by 2018

The United States and European Union -- of which Switzerland is not a member -- have repeatedly pushed the Alpine country to give ground as they try to crack down on tax cheats who stash cash abroad.

10/09/2014

Private Banking Special 2014: The Contenders

Both the onshore and offshore banks in the region want to profit from the crucial challenge of cultural diversity, writes Eduardo Leeman, chief executive officer, Falcon Private Bank.