07/14/2013
Angel Investors Are Spreading the Wealth
The world is changing for angel investors, the ultra-wealthy looking for start-up companies to fund
Wealth and Asset Management
07/14/2013
Millionaires Most Concerned about Security of Their Financial Information Online
As mobile technology and social media usage increases, so, too, do concerns about the security of financial information
07/14/2013
7IM bags £80m model portfolio mandate
Towergate Financial awards 7IM with mandate for its passive model portfolio range after “concerns” about previous manager Evercore Pan-Asset’s performance.
07/11/2013
Goldman Sachs, Morgan Stanley embrace private banking
Would an acquisition be out of the question?
07/11/2013
Psigma IM buys AXA Framlington private client arm
Part of the Punter Southall Group, PIM has £1.5 billion of assets under management and sees this transaction as an important milestone in its continuing growth.
07/11/2013
JP Morgan and Wells Fargo post big jump in profits
The US economy was showing "broad-based signs" of recovery, but consumers and small businesses remained cautious, he said.
07/11/2013
Webster’s Wealth Management Business Posts Record Quarter
Over the past 15 months, the bank has ramped up its wealth management and private banking services.
07/10/2013
Transformational change sweeps wealth managers as they reconfigure to win back client trust
Will women and millennials transform the wealth management industry?
07/10/2013
Greater Integration, Greater Wealth Management Profits - RESEARCH
Private banking clients have an average balance of $348,000 in asset management accounts, according to the report.
07/10/2013
China drives Asia's wealth management
HNW wealth in China's first-tier cities represents about 20 percent of China's HNW wealth
07/10/2013
Berenberg to integrate art advisory services
The Bank wishes to increasingly offer art investments on an international scale and additionally focus on offering support in the management of art collections.
07/10/2013
10 years’ success for OYSTER European Corporate Bonds Fund
The Swiss banking group SYZ & CO is celebrating with panache the 10th anniversary of OYSTER European Corporate Bonds, the sub-fund of its Luxembourg UCITS Sicav OYSTER, investing in European Corporate Bonds.
07/10/2013
Walker Crips launches the UK’s first regulated bridging finance fund
T Bailey Fund Managers will act as the Authorised Corporate Director (ACD) and administrator and National Westminster Bank Plc will be the depository.
07/10/2013
Smith & Williamson chooses Novia to unveil portfolios
The investment team is headed by James Burns and includes portfolio managers Peter Lowe, David Amphlett Lewis and Nick Marshall.
07/10/2013
Swiss National Bank Opens Branch in Singapore
Swiss National Bank has opened a branch in Singapore, becoming the first non-Asian central bank with operations in the city-state as it seeks to better manage its portfolio of assets denominated in the region's currencies.
07/10/2013
HSBC to retain private banking operations in Monaco
Following completion of this review and consideration of expressions of interest the decision has been made to retain the business.
07/10/2013
Crédit Agricole Bids Adieu to Pricey Lunch
Anything above those spending limits will not be reimbursed or only exceptionally if the additional expenses can be duly justifie
07/09/2013
Wealth Management Product At China’s Largest Bank Goes Bust
Angry investors dress in white sheets and stage protest
07/09/2013
RBI reviewing guidelines on mis-selling by banks in wealth management services
The Financial Stability Report released by RBI has taken note of mis-selling in the wealth management division of banks.
07/09/2013
UBS once again the world's largest private bank as assets surge
UBS won back the title of largest private bank in the world as inflows of fresh client funds surged last year