UHNWs target PE, commodities, real estate

The Institute for Private Investors has released the results of an investment tracking survey that says commodities, real estate and private equity are the top investment choices among ultra high net worth families in 2012.


Credit Suisse backs CEO, rebuffs SNB

The central bank's stance and a three-notch downgrade of Credit Suisse's long-term debt by ratings agency Moody's on Thursday has increased pressure on Dougan.


StanChart Forays Into Islamic Private Banking

With the fast development of this industry, Muslim High Net Worth Individuals (HNWIs) are increasingly expecting Shariah compliance in managing their wealth, making Islamic wealth management solutions a key market need.


NBAD’s Swiss Unit Targets 10 Billion Francs Client Assets

The United Arab Emirates’ second-biggest bank’s Geneva- based unit oversees about 2 billion francs after it started in 2007 to provide wealth-management services for international clients with at least 10 million francs of investable assets, T


Safra, Sarasin seek to dampen talk of rift

The banks sought to quell speculation of a rift after Sarasin's two independent board members said on Tuesday they would resign as soon as Safra's acquisition was completed.


Ray Soudah: the M&A outlook for UK wealth management

This is particularly evident in the UK and other similar jurisdictions which host a significant number of financial services firms, many of them private banks and wealth managers serving retail, affluent and high net worth individuals.