02/06/2020
HSBC launches Jade, a special bank account for millionaires
UAE’s millionaires among the youngest around the world
Wealth and Asset Management
02/06/2020
Reshaping wealth management - Five big trends for 2020
Transparency might be seen as an industry reaction to the global financial crisis.
02/06/2020
Credit Suisse Power Balance Shifts as Investors Back Thiam
The leadership crisis is engulfing the lender as tensions between the two men worsen following a spying scandal that dented the bank’s reputation and prompted questions about governance at the top of the bank.
02/06/2020
Private Banking and Wealth Management Survey 2020
UBS Global Wealth Management retains the top spot; JPMorgan is a standout, too.
02/06/2020
Wells Lures $3-Mln UBS Advisor in Connecticut
A UBS spokeswoman did not respond to a request for comment.
02/05/2020
Goldman Is Poised to Enter Japan Wealth Management Business
Still, Japan has been a tough market for foreign banks, with HSBC Holdings Plc and Citigroup Inc. among those to have withdrawn from the business of serving affluent Japanese in recent years.
02/05/2020
Zurich WM: how to open your first foreign office
Evard said that wealth managers need to have staff who understand the language and culture to expand into a new country.
02/04/2020
Mattioli Woods Reports Another Year of Strong Growth
The Mattioli Woods Structured Products Fund was launched in November 2016, with £98m of new monies invested during the year and the value of the fund now exceeds £100m.
02/04/2020
The New Year Brings New Trends For Wealth Managers
Wealth management firms are customizing their portfolio creation to fit the particular clients and, in particular, are focusing these services on the next generation of investors and on high-net-worth investors.
02/04/2020
Coronavirus May Accelerate Chinese Family Office Pivot from Growth to Preservation
China’s determined pursuit of growth when investing was reflected in their average overall portfolio return of 11%, mainly due to direct private equity (19%), private equity funds (15%) and direct real estate (14%) investments.
02/04/2020
UBS Financial Advisor Named to Both State and National Forbes Lists of Top Wealth Advisors
Recognition as a leader in financial services
02/04/2020
Swiss private banking giant shutters Nassau office
The statement continued: “All the necessary steps for this process are being taken in close alignment with the relevant authorities.
02/04/2020
Cantonal bank profit increases despite ‘pressure on margins’
The bank’s board of directors will propose a nominal value repayment of CHF 12.50 per share by reducing the nominal value from CHF 31 to CHF 18.50.
02/03/2020
Exclusive: Multi-boutique platform to acquire Syz AM Luxembourg
The acquisition is subject to regulatory approval and is due to be completed in the first quarter of 2020.
02/03/2020
St James’s Place to overhaul pay and perks
Wealth manager plans to axe benefits such as cruises after criticism over incentives
02/03/2020
The Quilter Cheviot Global Income & Growth Fund for Charities launches
Quilter Cheviot acts as the investment adviser to the fund
02/03/2020
Julius Baer plans cost cuts after net profits drop 37%
Presentation of the 2019 full-year results for the Julius Baer Group
02/03/2020
Credit Suisse freezes investment bank bonus pool
Unit suffers declines in advisory and capital markets business
02/03/2020
HFMC Wealth adds £130m assets with adviser buyout
The deal bolsters the adviser's London office as it sets its sights on a pipeline of acquisitions for the coming year.
02/03/2020
Advisers clash over fees as competitor enters
Peter Emery, manager director at Emery IFA, criticised Bancroft’s flat fee approach as “clients do not all have the same needs” and so to charge them all the same would be “unwise and unfair”.