Managers of Wealth

When a rugby scrum meets a financial scrum

Included in the squad will be Harlequins and England captain Chris Robshaw and fellow internationals Mike Brown, Ugo Monye, George Robson and Nick Easter.

St.Galler Kantonalbank is doing well in the current year

In a continued challenging economic environment, St.Galler Kantonalbank achieved a good half year result. This was primarily due to the net interest income and lower operating expenses.

The UK's Wealthy are Currently Experiencing Very Different Fortunes - RESEARCH

New data on the wealthy population in the UK produced by Ledbury Research reveals just how volatile the fortunes of the wealthy are in the country.

Swiss bank BCGE cashes in on trade finance demand

Banque Cantonale de Geneve (BCGE) is seeing strong demand for commodity trade finance as trading houses become more desperate for funding following the retrenchment of traditional lenders, its Chief Executive Blaise Goetschin said on Tuesday.

Asia’s wealthy to bankers: You’re fired

That’s the message from Bloomberg, which has spotted a trend in private banking in the region that has led to a weakening of the already limited grip global banks including Credit Suisse and Citigroup have on the Asia’s private wealth.

Ten Trends Influencing Wealth Management and Private Banking in Asia- Research

The solution suite also helps financial institutions improve staff productivity through better workflow management and helps improve cost control and operational efficiency for better profitability management.

Acta Holding to acquire Swedish wealth management company

Hagberg & Partners has since 1994 worked with creating value for its clients through qualified financial advisory. Satisfied and assured clients are what is the most prominent in the company's philosophy.

The case for a British investment bank

No wonder small businesses can't get credit when the UK is the only G8 member not to have a body dealing with such finance

Buffett’s Other Bank Stock: How U.S. Bancorp Outperforms Wells Fargo and the Industry

Management reiterated in its second quarter conference call that those ratios are at the low end of long-term targets of 1.6%-1.9% on return on assets and 16%-19% for return on equity.

GCC sees surge in Islamic lending

The strong appetite from investors, who are increasingly demanding Shariah-compliant products, is what is driving the growth of the sukuk market in the region, where Islamic funds as a percentage of total assets under management have been on an upward gro

IFAs pick up clients discarded by private banks

Private banks have begun to cull less profitable clients, with the biggest squeeze on clients with assets of less than £500,000, according to the paper.

Van Lanschot: investment and cost reduction programme on track

Assets under management up 2%

GAM First-Half Profit Rebounds After Lower Charge on Artio Stake‎

Net new money inflows at Group level were CHF 0.9 billionfor the first six months of 2012, up from the CHF 0.6 billion reported in the first half of 2011 and a significant improvement on the net outflows

Credit Suisse opens new private banking office in Japan

Credit Suisse announced today the opening of its new office in Osaka, adding to its existing Tokyo and Nagoya offices.

Credit Suisse opens new office in Osaka

The Osaka office is located at Hilton Plaza West Tower 16F, 2-2-2 Umeda, Kita-ku and houses Credit Suisse’s employees dedicated to serving its Private Banking clients in Osaka and the Kansai region.

German money not being sent to Singapore

Recent reports of such tax-dodging schemes have sparked a renewed outcry in Germany against a planned treaty between Switzerland and Germany designed to help Germany recoup some taxes from money held in Swiss accounts.

End of line for 'free' financial advice

Analysis by the FSA before it launched its review suggested consumers were losing £43m a year because of advisers, driven by commission, encouraging them to switch pensions.

Tax cuts 'fail to stop more than half of Britain's super-rich losing confidence in Osborne'

A ‘Millionaire Monitor’ survey of the country’s super-rich revealed that more than half of them now have ‘no confidence’ in the Government’s ability to lead the country out of recession.

Swiss see no sign of mass German money exodus ahead of tax deal

After the two countries struck the tax deal in April, some Swiss bankers advised clients to transfer funds to Singapore or elsewhere before it was enforced, according to a German media report.

Private banks try to become more exclusive

Earlier this year HSBC shut down its in-branch financial planning arm, resulting in the loss of 550 adviser jobs. The bank still offers investment advisory services for “Premier” customers with about £150,000 in investable assets.

Wealth and Asset Management