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.
Wealth and Asset Management
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
07/09/2013
Asia-Pacific’s affluent puts money into “investments of passion”
An increasing number of millionaires in the Asia-Pacific region are showing interest in so-called investments of passion such as art, jewelry and collectibles
07/09/2013
Wealth managers see turnaround in net new money
Scorpio suggests that the growing dominance of the top 20 reflects consumer demand for a single wealth manager proposition
07/09/2013
Poaching Required in Wealth Management Business
Banks are attracted to the possibility of earning revenues from wealth management fees at a time when stricter regulations
07/09/2013
FIBA Wealth Management Forum
The FIBA Wealth Management Forum 2013, will provide an overall perspective on the industry as well as explore the challenges and opportunities resulting from global and regional changes.
07/09/2013
Moelis reveals $35m cash pot for bankers
The firm is hamstrung in rewarding staff because their ownership stakes cannot be traded in secondary markets like equity.
07/09/2013
Big banks win the wealth offensive
The Scorpio Partnership Global Private Banking Benchmark 2013 indicates strong rebound among 209 global wealth management players; UBS takes ranking top spot as a “champions league” of firms emerge
07/09/2013
Regulatory Legal partners with wealth manager to offer services to IFAs
Law firm Regulatory Legal has set up an alternative business structure with a wealth manager to package up legal advice for financial advisers to provide to their clients.
07/09/2013
UOB first in Singapore to offer online access to gold, silver accounts
United Overseas Bank Ltd has become the first bank in Singapore to offer retail customers online access to their gold or silver savings account,
07/09/2013
Quilter Cheviot adopts new corporate identity
he group has created a new logo and website and from now on the Quilter & Co legal entity will be renamed Quilter Cheviot Limited
07/08/2013
The $50,000 financial plan: Wealth firms target the super rich
Advisers at UBS and some other wealth management firms are now moving into this market and charging wealthier clients the equivalent of a new BMW
07/08/2013
Swiss banking exodus: Going (HSBC), going (Generali), gone (Lloyds, ING, Santander)
Rising costs and increased scrutiny have led foreign banks to conclude exit is the best option
07/07/2013
Singapore unlikely to overtake Switzerland in wealth management
Singapore is unlikely to overtake Switzerland as the biggest wealth centre in the world any time soon, but it should strive to play to its strength in world of global finance, Prime Minister Lee Hsien Loong has said.