12/06/2019
Oak’s managing directors recognised in International Powerwomen Top 100
The ranking recognises women who are power players within the international wealth management community
Wealth and Asset Management
12/05/2019
UBS Mega-Team in L.A. Joins RBC Wealth
The sources said that despite their large book, the advisors chose not to affiliate with UBS’s private wealth management division for very wealthy clients.
12/05/2019
RBC Earnings Slip Despite Boost from Wealth Management
RBC Capital Markets was hurt by a tough year for dealmaking, with the industry coping with a 15% decline in the value of mergers and acquisitions amid fewer transactions and a 6% drop in equity financings, hurting fee pools among investment banks worldwid
12/05/2019
Schroders plans to eliminate hundreds of jobs to reduce costs
The cuts will affect about 5% of the company's workforce, or at least 200 jobs, one of the people said.
12/05/2019
Schroders ImmoPLUS to acquire two attractive real estate investments for about CHF 450 million
In order to finance the acquisitions, the Fund is considering a capital increase and, as a result, is bringing forward the distribution for the 2018/2019 financial year.
12/05/2019
RBC to ratchet up efforts to turn Ventures users into banking clients
Royal Bank has established ties with 3.2 million Canadians through its apps
12/05/2019
Axis Bank launches private banking platform ‘Burgundy Private’
With the Burgundy Private platform, we plan to tap this huge opportunity and gap in the market, with one of its kind -niche, customized solutions, specifically meant for people who have finite time, but infinite needs
12/05/2019
Reimagining wealth management for the 2020s
The wealth manager of the future will have to focus on holistic wealth preservation, such that their clients are rich in time too
12/04/2019
UBS and Credit Suisse Rediscover Their Clients
Banking With the Ultra-Rich: UBS' Kodak Moment?
12/04/2019
Hong Kong affects back end of Australian wealth management
Of imminent concern is the cyber integrity of the financial infrastructure upon which almost every Australian-domiciled investor relies.
12/04/2019
Wealth management giant acknowledges decade of historic growth ahead for EVs
Merrill Lynch’s investment research points to smart-money bullishness on electric vehicle adoption, with commercial fleets leading the way
12/04/2019
Wells Fargo Investment Institute Releases ‘2020 Outlook: A Call for Resilience’
How to position a portfolio for resilience through a long bull market, slowing global growth, presidential election year
12/04/2019
Moores Rowland acquired by Isle of Man-based trust firm
The company has operated in Monaco since 1976
12/03/2019
Axis Bank launches wealth management offering for the ultra-rich
The new product is targeted at those who can deliver a "relationship value" of over Rs 5 crore, as against the earlier Rs 30 lakh under the five-year-old old product.
12/03/2019
Next Gen: Thomas Gehlen, Kleinwort Hambros
This week we chat to Thomas Gehlen, Portfolio Construction Associate at Kleinwort Hambros.
12/03/2019
Butterfield wins Cayman Bank of the Year
The Banker, a Financial Times publication, is a UK-based periodical that each year selects banks in more than 100 countries to receive its annual awards.
12/03/2019
Don’t Chase the Market at This Stage, Says StanChart Private Bank’s Brice
He speaks on “Bloomberg Markets: China Open.
12/03/2019
Wealth firm deepens private pools with new partnerships
Wellington Management will serve as a sub-advisor iProfile International Equity Private Pool, with a primary focus on large-cap equities.
12/03/2019
Glasgow wealth manager makes first acquisition
Richard Gilliland, who formed Gilliland Neilson Brown with Ailsa Brown 17 years ago, said: “We had been looking for a year or so to acquire another IFA (independent financial adviser) business, and looked at a number, but apart from this one nothing
12/03/2019
Axis Bank launches wealth platform for ultra-rich
Axis Bank MD and CEO Amitabh Chaudhry said there has been a 24% increase in the number of high net-worth individuals who report an income of more than Rs 5 crore.