06/17/2019
Why the wealthy are investing directly in private companies
For individual investors, the routes into private equity have become more sophisticated and varied
Wealth and Asset Management
06/16/2019
ZEDRA Shortlisted for Digital Brand of the Year – Citywealth Brand Management & Reputation Awards 2019
Citywealth’s Brand Management & Reputations Awards recognise the branding and public relations efforts of some of the premier companies in the financial services industry over the last 12 months.
06/14/2019
UBS apologises for 'Chinese pig' comment amid social media furore
Western companies are seeing relations with China increasingly strained at times, as the trade war with the US escalates tensions.
06/14/2019
Wealth Enhancement Group Announces Acquisition
Lightyear Capital-Backed Wealth Management Firm's Acquisition of Independent Financial Advisory Business with $1.3 Billion in Client Assets is its Twelfth in the last Six Years
06/14/2019
Mariner Wealth Advisors acquires second Houston wealth management firm
The latest acquisition is Mariner's second in Houston.
06/14/2019
These Asset Managers Are Growing Revenue Faster Than Others
An asset manager’s commitment to technology is highly correlated with revenue growth, a new survey finds.
06/14/2019
Private Banking London Award winners announced
All of PBI’s awards undergo a rigorous selection process before being appointed by an independent judging panel.
06/14/2019
UBS' Wealth Management Business Could Cross $19 Billion In Five Years
Before the 2008 recession, Wealth Management and Trading Revenues contributed equally (around 35%) to UBS’s total revenues.
06/14/2019
OCBC’s private bank eyes Malaysia expansion
Bank of Singapore has been expanding in Asia, the Middle East and Europe.
06/14/2019
China's Haitong International cuts UBS business ties over pig comment
“There is not a clear timetable on when to resume the collaboration, which is subject to the management’s decision,” Haitong International said in an email sent to Reuters.
06/14/2019
Two Lugano wealth managers set to merge
The changes will be effective as of July 2019.
06/13/2019
Merrill Lynch Wealth Management Sticks with Recruiting Freeze, Brokers Hit Growth Numbers
Brokers in 2019 must generate six new household accounts over $250,000 to qualify for an extra 100-basis-point payout on revenue produced, up from a five-account target in the 2018 plan.
06/13/2019
Six new acquisitions take Succession past £8bn AUM
55 deals since 2014
06/13/2019
HK's Protests Draws Queries From Private Bank Clients
When asked to describe how they felt about what they thought about the global investment outlook and choosing three-character words in Mandarin to express their sentiments, private banking clients surveyed chose «uncertainty» and «chaoti
06/13/2019
Crestbridge family office services duo named in list of rising stars
Danielle Cottignies, Manager, for the second year running, and Daniel Cavey, Assistant Manager in the Family Office Services team in Jersey were both recognised in the list.
06/13/2019
Crestbridge sets up Luxembourg ManCo in London
The branch adds to Crestbridge’s already established Management company, FCA regulatory and UK AIFM services.
06/13/2019
The CEO agenda: Mike Corbat, Citi
People rise to the top of the agenda.
06/13/2019
The tapered annual allowance – what high earners need to know by Penny Lovell
The HMRC guidance provides help on how to calculate the income thresholds
06/13/2019
Swiss Banking's $1.5 Billion Question
As the bigger question of Switzerland's overall relationship with the EU comes into focus, the banking lobby renewed its calls in a position paper on Wednesday: in short, market access in the bloc isn't simply a «nice to have» access
06/12/2019
Who is advising Asia’s ultra wealthy?
An expanding pool of rich people is drifting out of reach of financial advisers and wealth managers