04/27/2018
EFG Underlying Net New Assets Grow
EFG intends to repurchase shares from the market to fund its employee incentive plans.
Wealth and Asset Management
04/27/2018
New Wealth Management Report: Dare to be Different
The equity market correction and volatility spike in February 2018 may be an early indicator for the approaching end of the decade-long bull run in equity markets.
04/27/2018
Swiss National Bank flummoxed by its soaring share price
Some have said buyers are using the shares as a substitute for ultra low-yielding bonds
04/26/2018
BNP Paribas Wealth management opens New York office
The Midtown office has all of the Bank of the West’s services.
04/26/2018
Pictet launches Asian Corporate Bonds fund
Fund focuses on companies that actively contribute to addressing environmental challenges
04/26/2018
Booming private wealth draws Credit Suisse to PH
According to Credit Suisse Research Institute’s (CSRI) Global Wealth Report 2017, total household wealth in the Philippines grew by 10.7 percent per annum since 2000 to reach $662 billion in 2017.
04/26/2018
Bank Mandiri looks to wealth management for revenue growth
The partnership with Lombard Odier, a Swiss bank, will enable publicly listed Mandiri to improve its wealth management unit
04/26/2018
Another Bank Bets Big on Wealth Management
Bank of the West Wealth Management Group opened its first office in New York and has plans to add 100 advisors across the country in the next three years.
04/26/2018
Barclays posts loss after taking hit from PPI claims and settlement over US fraud case
Litigation and conduct charges included a £1.4bn settlement with the US justice departement and £400mln for payment protection insurance claims
04/26/2018
Lego Wealth Fund Is Getting Out of the Tanker Business
“Kirk Kapital has decided to phase out the firm’s shipping activities,” Chief Executive Officer Kim Gulstad said in a statement. “We therefore need to find a good moment to sell the five product tankers.”
04/26/2018
Expert industry panel to spark debate at Guernsey Funds Forum
During the final session of the day, Jon Moulton and Dame Helena Morrissey will go on the record in a ‘fireside chat’ format.
04/26/2018
Vistra doubles international expansion services business with acquisition of US-market leader Radius
Following the acquisition, Vistra will have a global IES team of 1,300 employees and a support network of over 3,300 staff, operating in over 70 offices and 40 jurisdictions.
04/26/2018
Raymond James Q2 Earnings In Line, Revenues Up Y/Y
Results in the quarter were also helped by strong investment banking revenues and the effects of higher short-term interest rates.
04/26/2018
Winners of Private Banker International Germany Awards 2018 revealed
The winners were carefully selected by an independent judging panel and PBI Editorial team members.
04/25/2018
My time in South Africa – Investec’s Peter Izard
As many people are aware, there is considerable wealth in the country but also extreme poverty, the abundance of shanty towns is a stark reminder of this.
04/25/2018
Van Lanschot Kempen reports 'good start' to the year
The range of products available to Private Banking and Asset Management clients has been expanded further in recent months
04/25/2018
International Financial Centres – are they still relevant and viable today?
The dozen wealth professionals attending the roundtable discussion in Hong Kong’s China Club represented a variety of global private and investment banks, law firms and independent advisory firms.
04/25/2018
Credit Suisse delivers earnings beat after boost from wealth management unit
Switzerland's second-largest bank reported Wednesday 1.1 billion Swiss francs ($1.1 billion) in first-quarter pre-tax income, underpinned by strong growth in its wealth management-related businesses.
04/25/2018
VP Bank and LLB Implement Thomson Reuters Wealth Management Solution
The relationship managers in private banking at the two banks will gain access to the most up-to-date information from the relevant financial markets including various asset classes.
04/25/2018
UAE emerges as global wealth management hub
Tax efficiency and robust regulatory environment makes GCC state attractive to wealth managers