09/11/2017
Australian Banks May Exit Wealth Management Without Being Forced
The government’s response, based on its 2016 inquiry, is closer scrutiny on how retail interest rates are being set, Coleman said.
Wealth and Asset Management
09/11/2017
A more meaningful role for insurance in meeting client needs
Critical illness and health insurance are also rising in demand as people live longer.
09/11/2017
Wealth Managers in Hong Kong Face Falling Margins
Although private wealth is surging, managers face stiff competition and new regulations
09/11/2017
Creating a more meaningful wealth management market in Vietnam
By comparison, therefore, wealth management is difficult, costly and time-consuming. Not many local banks yet have a clear affluent or HNW strategy.
09/11/2017
'Loud wake-up call' for private banks as profits tumble
The report also suggested tougher regulation to stop private banks helping the wealthy evade tax has hit earnings.
09/11/2017
Sell warriors; buy wizards by Tim Price
“You think the odds look right, that they are in your favour ?
09/11/2017
Taylor Vinters awarded ‘Gold Employer Partner’ by STEP
Members of STEP assist families in all aspects of future planning, including wills, inheritance, the vulnerable and estate management.
09/08/2017
Up to 70 Swiss private banks fighting for survival
But many of the affected banks will ultimately have to exit the market, the study concluded.
09/08/2017
Take a peek into the world of ultra luxury credit cards; these are definitely not for the faint-hearted
Super premium credit cards are provided to a select few Ultra High Net Worth individuals, who can not only afford the high joining and renewal fee, but can also spend several lakh rupees with every swipe.
09/08/2017
HSBC Referring Latin America Private-Banking Clients to UBS
The London-based bank is now focusing on the core countries of Argentina, Brazil, Chile and Mexico in Latin America.
09/08/2017
Old Mutual Wealth boss on replatforming lessons and ‘controlled advice’
He discusses the company’s approach to distribution, managing conflicts of interest, and ensuring suitability at restricted advice network Intrinsic.
09/07/2017
Meeting the succession needs of business owners in India
The next generation needs to accept the additional responsibilities.
09/07/2017
RBC Launches Women-Focused Initiative
RBC Wealth Management U.S. targets women advisors, SS&C is offering an online fiduciary course, and a rare blue diamond hits the auction block.
09/07/2017
Managing Risk and Adding Value for HNW Real Estate Investors
A compelling case is made for investing in secondary and suburban markets, which remain below peak valuation and present protection against a possible market correction.
09/07/2017
Old Mutual Wealth hires for new senior role in ahead of separation
In other changes, Kerry Adams-Strump has been promoted to investor relations director and will be reporting into Crutchley.
09/07/2017
How much did LGT Group pay for Vestra Wealth?
The 75% holding was purchased primarily from Vestra’s original external investors.
09/07/2017
How Standard Chartered Lost $400 Million on Risky Diamond Debt
The bank thought it would be a good idea to expand a unit making loans secured by the jewels. Now it wants out.
09/06/2017
UBS Agrees to Scoop Up Some HSBC Clients in Latin America
The bank expects up to 40 employees will be offered roles at UBS to serve the clients.
09/06/2017
Building trust by putting ethics at the core of wealth management
The industry bubble in wealth management will burst sooner or later.
09/06/2017
Julius Baer Taps Investors Again
The instrument has been assigned a Moody’s provisional Baa3 instrument rating, which is equivalent to the ratings of the two outstanding SGD high-trigger AT1 securities issued in 2015 and 2016.