12/01/2021
Deutsche Adds Over a Dozen Private Bankers in India
For the front office, the German private bank hired Rajasekar Ayyalu to join as a director in Chennai with a focus on expanding and deepening its presence in that region.
Wealth and Asset Management
12/01/2021
Berner Kantonalbank launches digital marketplace
The company invests in esports, gaming and digital art.
12/01/2021
Mary Haly wins the Spears’ award for the best High Net Worth Manager
Mary has grown the assets for which she is responsible at Waverton from £60m to almost £200m in c.25 family groups.
12/01/2021
RBC Reports Fourth Quarter And 2021 Results
Earnings in Personal & Commercial Banking and Capital Markets were up from last year, largely due to the favourable impact of lower PCL.
12/01/2021
Brooks opens Isle of Man office in offshore expansion
The launch follows the acquisition of Lloyds’ offshore business last year.
12/01/2021
Wilmington Trust Lures FAs from BofA Private Bank, TD
Tyler Calder, meanwhile, joins Wilmington Trust as a wealth advisor from TD Private Client Wealth
12/01/2021
Liontrust assets grow by 15 per cent
John Ions, Liontrust's chief executive, said the company had delivered a strong six months of sales and financial performance.
12/01/2021
Wealth managers face 91% FCA fee hike
The regulator has proposed raising the minimum cost of being regulated to £2,200 from next year.
12/01/2021
Bank Muscat wins Best Private Bank
This prestigious award reflects the consistency of performance, innovative strategies and the highest standards of professionalism achieved by the bank.
12/01/2021
Standard Chartered to launch Wealth Academy
A highly competent and experienced relationship team allows Standard Chartered to deliver a differentiated experience to our clients.
12/01/2021
Pendal Group Expands Relationship with Northern Trust
Asset Servicing Mandate Extends Across Australia, UK, Ireland and U.S.
12/01/2021
How passion investing can add to the wealth of the rich
Collecting fine wines, treasuring fine arts, or indulging in luxury handbags may yield stupendous returns over time
11/30/2021
Baird Adds The HBGW Group to Wealth Management Office
The team manages $500 million in assets under management.
11/30/2021
UBS brings gold to the cell phone
According to UBS, the new service, which is now available as a beta version to Swiss customers, is the fruit of the new “agile” way of working at the big bank.
11/30/2021
Hywin Wealth and VP Bank to Launch Joint Report on Private Markets in Asia
It will also discuss the crucial role that wealth managers can play in helping clients navigate the sector.
11/30/2021
Scotiabank profit beats estimates on lower provisions, Canada, wealth growth
Reported net income for the fourth quarter ended October 31, 2021 was $2,559 million compared to $1,899 million in the same period last year. Diluted earnings per share were $1.97, compared to $1.42 in the same period a year ago.
11/30/2021
Rathbones shuts Aberdeen base in Scottish restructure
Rathbones is to relocate its Aberdeen-based team of wealth managers to Glasgow following the mid-2022 retirement of current regional director Meera Dennis.
11/29/2021
Geneva private bank embroiled in multibillion-dollar family feud
SP Hinduja Banque Privee, a small private bank in Geneva, is at the centre of a dispute between warring factions of the Indian multibillionaire Hinduja family.
11/29/2021
Gresham House Strategic sets out proposal for wind-down
These shareholders accounted for 46.8 per cent of issued share capital.
11/29/2021
Global law firm unveils private wealth operation
Technology and big data are transforming how financial strategies are developed and creating new opportunities for investment, but also significant risk implications.