06/11/2012
In terms of proportion of $100 million-plus, ultra-high-net-worth (UHNW) households, Kuwait and Qatar each had 6 UHNW households per 100,000 households, while the UAE had 4 UHNW households per 100,000 households.
06/11/2012
The Philippine financial and economic managers seek ways and innovations to provide impetus for growth and open more opportunities in the fledgling wealth management sector.
06/11/2012
Asia leads the way for growth and drives growth for other countries said Steven Crosby of PwC New York during a recent presentation in the Cayman Islands.
06/11/2012
The British public's thirst for champagne – both to drink and as an investment – has fizzed to record levels, spurred by the Diamond Jubilee and the anticipation of the Olympic Games.
06/11/2012
Credit Suisse has otherwise been relatively quiet on the private banking deal front.
06/11/2012
Switzerland will probably end up with fewer small banks as rules become stricter about accepting new funds and checking clients’ tax compliance, the newspaper cited Branson as saying.
06/11/2012
As an HNI you may search for unique investment opportunities through structures, hedge funds or specific private equity (PE) funds. The new regulations mean that you can take that extra risk knowing that there is a framework that guides the manager and a
06/11/2012
Al-Rajhi is a billionaire who chose last year to become a poor man at his own will without having any cash or real estates or stocks that he owned earlier.
06/11/2012
Although the move itself isn't earth-shattering news, the action represents yet another signal that the bank has no intention of selling its U.S. operation, according to Alois Pirker, research director for consultant Aite Group LLC.
06/11/2012
This acquisition enables Credit Suisse to further scale and enhance its wealth management capabilities in Japan and clients will be able to benefit from the expanded coverage provided through additional offices in Osaka and Nagoya.
06/11/2012
"It is urgent for China to establish a strong wealth management industry and the founding of the fund association is at the right time," said Guo.
06/11/2012
Europe has been the place where rich Middle Easterners have traditionally stored wealth, but their focus is shifting east, with Singapore a particular beneficiary, agreed a panel of wealth managers.
06/11/2012
VouchedFor.co.uk, today launches its new financial adviser comparison site in conjunction with several founding partners – Institute of Financial Planning, FundsNetwork, Nucleus and Voyant – who will support in rapidly establishing VouchedFor
06/11/2012
The rapidly growing base of high net worth individuals (HNWI) in India is expected to provide attractive investment opportunities for wealth management firms, according a new report from BRICDATA.
06/08/2012
The Swiss Bank Employees Association SBPV says it has set up a hotline to counsel bankers who fear they could be targeted because of their clients' tax evasion.
06/08/2012
Mack inherited an investment bank with the highest cost-income ratio on Wall Street (it actually made a loss of $1bn in 2001), the highest compensation ratio, and a cost base that was effectively 80% fixed through guaranteed bonuses.
06/08/2012
Investors should rethink how they should invest in current volatile markets.
06/07/2012
Wealth can be a double-edged sword according to Wealth Insights research from Barclays
The survey of 2000 high net worth individuals globally looked at a number of issues relating to succession planning including whether wealth leads to family conflict and the question of whether parents around the world trust their children to protect thei
06/07/2012
The link, which feeds daily data from Brooks Macdonald to Moneyinfo, allows clients and advisers to see the holdings and values of any investment under the discretionary management of Brooks Macdonald.
06/07/2012
Genworth supports more than 6,000 financial advisors and manages more than $20 billion in AUM.