06/18/2019
Former Julius Baer banker opens Monaco wealth management firm for billionaires
A spokesman for Julius Baer declined to comment.
Wealth and Asset Management
06/18/2019
Increase of the Swiss franc-denominated additional Tier 1 Bond launched on 5 June 2019
The securities (ISIN CH0481013784) will settle on 25 June 2019
06/18/2019
Hargreaves Lansdown boss turns down bonus over Woodford fiasco
The Woodford fund has blocked investors from withdrawing their cash since earlier this month, after millions of pounds had previously been taken out following a run of poor results.
06/18/2019
Credit Suisse Eyes Options for Fund Platform
The blog reported earlier on Monday that Credit Suisse private bank head Iqbal Khan is poised to sell the Swiss bank's fund distribution platform, Investlab, without citing where it gleaned the information.
06/18/2019
MFS and Deutsche Bank sign partnership agreement in Italy
This is an important step in achieving our ambitious growth aspirations in Italy as we deepen our relationships with our Italian client base.
06/18/2019
Rival Wealth Centers Eye Hong Kong's Turmoil
The two traditional private banking hubs of Singapore and Switzerland are frontline candidates to take over what Hong Kong stand to lose.
06/18/2019
Wealth manager launches new investment service for American ex-pats
The announcement comes on the day that American ex-pats have to file their tax returns and pay what they owe the US Inland Revenue Service (IRS).
06/18/2019
Invesco targets wealth market with £1 per client MPS
Invesco will launch a model portfolio service (MPS) this summer which uses proprietary Intelliflo technology.
06/18/2019
HSBC to Slash 32 Jobs in Lux
Trade unions and staff delegations have negotiated a social plan including measures to support employees with a view to professional reclassification, and financial compensation.
06/18/2019
Quilter backs planned ban on platform exit fees
It wants to see fund managers carry out “in-flight” share class conversions as investments are transferred to facilitate in-specie transfers.
06/18/2019
Deutsche Bank veteran joins Italy's IWBank PI as institutional clients manager
Mei joins IWBank from Deutsche Bank
06/18/2019
Millennials and investing: a detailed look at approaches and attitudes across the globe
The study identifies wider lifestyle choices and behaviours across this age bracket that may influence their relationship with saving and financial management.
06/18/2019
Opportunities for Private Clients in the British Virgin Islands
This can be a complex and time-consuming process, typically involving a substantial degree of correspondence between those involved, as well as potential translations of key documents, together with accompanying affidavits and an affidavit of foreign law.
06/18/2019
UOB Malaysia launches Shariah wealth management solution
UOB Malaysia’s Islamic wealth management solutions have also been designed for customers who prioritise ethical and socially responsible investing.
06/18/2019
DJ Carmichael being acquired by wealth manager
The acquisition announcement comes off the back of Shaw and Partners’ recent strategic partnership with Swiss Private Bank
06/18/2019
Swiss Wealth Managers Merge, Eye Expansion
Colombo Wealth has two branches in Zurich and Geneva
06/18/2019
MAI Capital Acquires Wealth Management Practice Catering to Pro Athletes
D.C.-area acquisition strengthens MAI’s athlete client offering, broadens geographic reach
06/18/2019
WM firm merges with Lugano boutique
The merger will combine individual portfolio management, family office services
06/17/2019
Kleinwort Hambros Wins ‘Outstanding Private Bank – UK Crown Dependencies’ PBI Award
Winners are chosen by a rigorous selection process before being appointed by an independent judging panel.
06/17/2019
Hong Kong's $1 trillion wealth management industry is endangered as tycoons move money out of the city.
It’s no longer a question of whether we have assets offshore,» she says.