09/01/2013
Novia unveils plans for DFM division
The DFM will offer a range of risk-rated model portfolios using passive investments including Oeics and exchange-traded funds.
Wealth and Asset Management
09/01/2013
Hargreaves Lansdown Founders Set for £56m Dividend
Analysts are predicting pre-tax profits of £190 million for the year, representing a jump of 25%, and a final dividend of 23.1p.
08/31/2013
HSBC to cease wealth management business in some MidEast countries
HSBC, Europe's biggest bank, has cut its retail banking business in some Middle Eastern nations
08/30/2013
Indo-Brits Account For 22% Of UK’s Ultra-Rich Club
Super-rich Indians account for more than 20% of the wealth of ultra-high net worth
08/29/2013
UBS launches first wealth management master programme in APAC
The two-year part-time programme is aimed at providing participants exposure to in-depth and actionable expertise in client book management, client investment and client relationship management.
08/29/2013
Swiss private banks: 25% expected to go
Performance good but too small to survive
08/29/2013
Wealth management more alluring to top banks
The bank has not built out its wealth management capability aggressively
08/29/2013
UK Wealth Management posts £1.9m loss as RDR slows progress
It said revenue had declined as it changed its charging structure and that its approach to the RDR had caused some advisers to leave.
08/29/2013
Sparse coverage spells opportunity in frontier markets
Frontier markets have not suffered the same heavy year-to-date outflows as emerging market funds
08/28/2013
Lombard Odier has made two appointments to the firm's Asia-Pacific team
The two executives will be Hong Kong-based and report to Vincent Duhamel, head of Lombard Odier Asia-Pacific. Both positions are new roles.
08/28/2013
Wooing The Wealthy – StanChart’s Head Of Private Banking, EMEASA
Stephen Evans, SCB’s head of private banking for Europe, Middle East, Africa and South Asia, reveals why Dubai is set to become a global private banking hub.
08/28/2013
RBC Wealth Management income up 51%
Royal Bank of Canada’s profit soared to new heights in the third quarter as the bank reported record earnings of $2.3-billion.
08/28/2013
Sesame Quadruples Losses as Keydata Fine Bites
Sesame, the adviser network arm of Sesame Bankhall group, has reported a loss for 2012 of £9.3m - four times its losses in 2011 - as a provision for a regulatory fine took its toll.
08/28/2013
Canadian Imperial Profit Rises 5.8% on Wealth Management Gains
Canadian Imperial Bank of Commerce, the country’s fifth-largest lender by assets, said third-quarter profit rose 5.8 percent, lifted by its wealth-management unit.
08/28/2013
Latest Wealth Management Opportunites
Find the latest Private Banking Wealth Management jobs
08/28/2013
‘Clients are more engaged in how best to manage wealth’
John Price, executive director of Coutts in Liverpool, says the recession has prompted more people to seek wealth management advice
08/28/2013
Kleinwort Benson Wealth Management makes first-half loss
Good momentum and growing marke t traction at Kleinwort Benson Wealth Management have not yet translated into profitability due to the continuation of the challenging market conditions seen in 2012, coupled with our ongoing investment into the business to
08/28/2013
St. James's Place targets women in recruitment drive
Academy director Adrian Batchelor says there is “no justification” for the sector being so dominated by men.
08/28/2013
Liechtenstein bank reports US tax deal hits profits
The bank maintained in July that the agreement would have no impact on its income statement
08/27/2013
NAB continues Wealth Division Reshuffle
NAB's is reshuffling its wealth management division after revealing redundancies of key roles and has appointed a new general manager of Advice Partnerships.