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.
Wealth and Asset Management
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.
01/25/2018
Growth in adviser business takes Brewin to £41.5bn
Advisers recommended £400 million of client assets should be invested in discretionary funds offered by Brewin.
01/25/2018
Close Brothers AM sees assets swell amid rising market conditions
Up 8.2% over past five months
01/25/2018
Credit Suisse Set to Open Second Wealth Unit in Asia
Regulations, political uncertainty and the lack of a deep talent pool are among numerous reasons many have held back.
01/25/2018
Canaccord discloses its fund manager red flags
You can definitely get a good steer as to how well they will perform from a face to face.
01/25/2018
Swiss Private Bank Eyes Asian Deal
UBP is profitable in Asia, but small for its ambitions, according to de Picciotto, who is the son of firm founder Edgar de Picciotto.
01/25/2018
Doing wealth solutions the right way
This longevity drives their philosophy of taking a long-term view when dealing with a client.
01/25/2018
UBS snaps up rival's Lux-based PB business
UBS and Nordea Bank have reached an agreement for the acquisition of part of Nordea’s Luxembourg-based private banking business
01/25/2018
UK haemorrhaging high net worths
London has been a hotspot for migrating HNWIs for many years.
01/25/2018
SJP funds under management hit record
This result, combined with positive investment returns, increased funds under management by £15.4bn to £90.7bn, up 20%.
01/24/2018
Brooks Macdonald see AUM surge 12.3%
Brooks also highlighted the impact of investment in preparation for Mifid II and GDPR.
01/24/2018
Citi Private Bank Sponsors Motor Racing Legend
He led the race for 27 laps and achieved the fastest average lap-time of any driver.
01/24/2018
DBS to Hire Private Bankers to Tap $19 Trillion Asia Market
Hiring to cover Southeast, North Asia, international plus NRIs
01/24/2018
Deutsche Bank's asset management unit attracts net inflows in 2017
Marks recovery from heavy outflows in turbulent 2016
01/24/2018
Closer collaboration to develop the private wealth management industry
Collaboration and idea exchanges between Hong Kong and Switzerland on the development of the private wealth management industry and other related issues of mutual interest will be strengthened following the signing of a Memorandum of Understanding (MoU) b
01/23/2018
Goldman Sachs Plans Geneva Reopening in Swiss Push
Goldman Sachs was among foreign banks that left Geneva after the financial crisis.
01/23/2018
Basel bank takes 25% stake in AM firm
The stake in Crystal Asset Management further expands its AM capabilities and aims to capitalise on the company’s specialism in small- and mid-cap equity investments.