01/30/2018
UBS' Big Private Bank Winner
When he joined UBS nearly nine years ago, UBS was still reeling from the financial crisis of 2008/09
Wealth and Asset Management
01/30/2018
Deutsche's Asia wealth unit looks to bolster recovery with more hires
“Having taken away the uncertainties and done the recovery, you now go to the growth mode,”
01/30/2018
Julius Baer’s new chief set to cement his authority at Swiss bank
Bernhard Hodler expected to tell investors he plans more acquisitions
01/30/2018
Wealth firm clients take £1.9m hit on small cap blow up
Shareholders were asked to put more money into the energy supplier towards the end of last year as it struggled to hit growth targets and buy power in the wholesale market.
01/29/2018
WH Ireland Narrows Loss Despite Rise In Costs As Revenue Grows
WH Ireland’s ‘project discovery’ relates to the outsourcing of its wealth back office to SEI and the sale of its freehold premises in Manchester.
01/29/2018
UBS Asia Pac pulls in bumper assets growth to 373b Swiss francs in 2017
Over the last two years, the Asia Pacific unit's invested assets has grown at an annual compounded rate of 20 per cent.
01/29/2018
Wealth consolidator profit jumps 83% on 14 acquisitions
The numbers represented the fourth consecutive year of growth and improved profitability for AFH since it joined in AIM in 2014.
01/29/2018
Scottish Labour’s proposed wealth tax would hit pensioners
This could hit households with a combined “wealth” of £1 million.
01/29/2018
Brokers informed: Real world threats demand bespoke solutions
This means that the true level of violent crime could be higher than reported.
01/29/2018
7IM shifts MM portfolios towards active funds as 'market becomes more discerning'
Ramped up passive exposure in 2016
01/29/2018
Rising Middle Eastern private wealth means advisers need to stay sharp
Continuous training is key for financial service professionals to stay on top of a changing market
01/29/2018
SJP stops Axa running £4.6bn fund
GMO and Jennison Associates appointed
01/29/2018
UBS bankers ‘frustrated’ with growth on Wall St
Insiders remain optimistic because of strategic hires and new global wealth business
01/29/2018
Swiss Private Bank Moves in Miami
CBH has subsidiaries in Nassau, London, Hong Kong and Tel Aviv.
01/29/2018
Jersey Named as Leading IFC for Sixth Time in a Row at Citywealth Awards
Jersey’s reputation as a leading centre for private wealth management has been highlighted for the sixth time, being named ‘International Financial Centre of the Year’ in the annual Citywealth IFC Awards.
01/26/2018
Trump to pitch America First to Davos elites
Trump, a real estate mogul and former reality TV star, had never been invited to Davos before. He basked in the praise of several executives, who applauded his tax cuts.
01/26/2018
DBS to grow Asia private banking headcount up to 20%
DBS Group is to grow the number of people working in its private banking business even further to tap into rising Asian wealth, having already added 20% to its headcount in 2017.
01/26/2018
Liechtenstein private bank expects 'New Money to Drive Profit'
The positive development seen in net new money during the first half of 2017 also continued during the second half of the year.
01/26/2018
Global financial services provider acquires Capco Trust
Deloitte and Bedell Cristin acted as advisors to Ocorian in this transaction.
01/25/2018
Raymond James Private Client Group reports record quarterly net revenues
Growth in securities commissions and fees, as well as higher short-term interest rates, helped the segment generate record results in the fiscal first quarter.