Managers of Wealth

Abu Dhabi sell £2.2bn stake in Barclays

Abu Dhabi has sold its entire holding in Barclays worth more than £2bn, it has been revealed.

Seymour Pierce buy helps WH Ireland hang in the black

WH Ireland’s acquisition of Seymour Pierce’s private client business helped the firm posted a tiny profit in its first half.

UBS Leading Southeast Asia Stock Sales on Billionaires

UBS AG Jumped to the Lead among Share-Sale Underwriters in Southeast Asia for the first time in six years,

Bank of Singapore picks M&C Saatchi to reach out to more HNW's

Bank of Singapore, the wholly owned subsidiary of OCBC Bank, has selected M&C Saatchi Singapore as its creative agency.

Arbuthnot Private Bank assets surge 28% in H1

Profit for the period decreased to 1.40 million pounds from 10.43 million pounds prior year.

Morgan Stanley Q2 profits up 66%

Morgan Stanley said second-quarter profits rose 66%, as higher revenue from executing client trades and growth in its wealth management unit more than offset the impact of rising interest rates.

The Wealth Management Whine

Steven Crosby, senior managing director at PricewaterhouseCoopers, predicts a five-fold, global increase in mergers and acquisitions in the wealth industry

Women forcing wealth management professionals to change their thinking

Wealth management industry facing changing demographics

UBP Launches Unconstrained Bond Fund

Geneva-based Asset Management Firm Unveils Fixed Income Strategy Designed to Capitalise on Rising Rates Environment.

BNY Mellon's assets inch up in quarter

Bank of New York Mellon reported $1.43 trillion in combined assets under management

Northern Trust 2Q net income rises 6 percent

Northern Trust Corporation reported second quarter net income per common share of $0.78, up from $0.73 in the second quarter of 2012 and $0.67 in the first quarter of 2013.

HFM Columbus: Private Client Recruitment Market Never Looked Better

HFM Columbus director Marcus Carlton says the private client recruitment market has never looked better

BofA, Morgan Stanley Hold Lead In Top Wealth Manager Ranking

Bank of America Corp. and Morgan Stanley held on to a slim lead over UBS AG in a 2012 ranking of the world’s largest wealth managers compiled by PAM Insight SA.

Bank of America makes hay from wealth management

Hidden in the numbers released in Bank of America's second-quarter earnings report on Wednesday was a single figure - 27.6 percent - that should delight the wealth management industry.

High Net Worth Individuals Leading the Social Media Charge

Social media usage has increased dramatically over the last three years among the Affluent,

Will FCA wealth management arm spark new supervisory era?

However, they also say the level of oversight and industry experience shown by the new division will prove crucial to the regulator’s ability to supervise the sector.

British bankers earned more than the rest of the European Union put together

Figures from the EU's banking regulator showed 2,346 bankers earned more than 1m euros in the UK, compared with 739 in the rest of the EU

Goldman Beats Estimates on Investment Banking, Debt Gains

Goldman Sachs Group Inc. said earnings doubled, beating analysts’ estimates on a surge in underwriting revenue and gains from the firm’s own investments.

CEO of deVere buys UAE wealth management firm

The deVere Group's Nigel Green was officially presented as Acuma's new owner to the firm's 50-strong team at the entity's headquarters in Dubai this morning, after the deal was finalised on Friday.

China Orders Banks to Register Wealth Management Products

China's banking regulator has taken further steps to tighten its oversight of wealth management products by asking banks to register these products before selling them to the public.

Wealth and Asset Management