04/24/2017
Morgan Stanley casting net farther
We've institutionalised our private wealth business, as opposed to just managing money.
Wealth and Asset Management
04/24/2017
Firm sees big growth for financial services in UAE
Quilter Cheviot expects this growth to continue as the International Monetary Fund forecasts Emirati economic growth will strengthen to 2.5 per cent this year and 3.1 per cent in 2018.
04/24/2017
Close Brothers to launch 2017 Family Business Road Trip
The Family Business Road Trip, now in its fourth year, will run for six weeks, bringing businesses together to share experience, to network and to address the challenges they face.
04/24/2017
Miami Lures Another Brazil Bank as Amnesty Unlocks Hidden Wealth
A second phase of the program kicks in this year.
04/24/2017
Standard Life Aberdeen powerhouse eyes US market for expansion
Aberdeen’s chief executive Martin Gilbert has been clear for example, that we’d like to do better in the United States.
04/24/2017
SS&C GlobeOp Forward Redemption Indicator: April notifications 2.41%
The emerging trend of increased asset retention is very positive news for the hedge fund industry.
04/24/2017
UK Private Bank aims to double client base and loan book
The bank is currently exploring whether to accept new customers with between £1m and £3m in net wealth through offering a mixture of digital and face-to-face advice.
04/23/2017
Israel has substantial growth potential
He has been responsible for the bank’s wealthy clients in Central and Eastern Europe, and, for the past year, for Greece and Israel as well.
04/23/2017
Credit Suisse to Make Capital Hike Decision After AGM
Reuters had previously reported that Switzerland's second-biggest bank was likely to make a decision in April on how to proceed on raising new capital.
04/21/2017
Building a bigger funds presence in South-east Asia
Last but not least is inorganic growth.
04/21/2017
Flexing digital muscle to tap China’s funds industry
China is the only place where you see proper digital distribution of funds.
04/20/2017
Wealth management revenue, profits jump at U.S. Bank
Revenue from wealth management was up 6% year-over-year and up 2% from the prior quarter.
04/20/2017
BNY Mellon Plays the Long Game in Asia
Wealth manager is growing rapidly in Asia with a holistic approach and expertise with globetrotting families.
04/20/2017
Principal opens Swiss office
The new office comes at a time when regional players are looking to increase their advisory services capabilities partnering with global managers who are able to offer a distinct set of products that can provide returns for their clients.
04/20/2017
Credit Suisse: Ancient Rome Revisited
Asset manager GAM also caved on pay, under pressure from activist hedge fund RBR.
04/20/2017
Schroders swoops on $7bn private equity firm
The acquisition of Adveq accelerates the growth of Schroders’ private assets business and complements existing capabilities and expertise in the real estate and infrastructure finance sectors.
04/20/2017
BNY Mellon Reports First Quarter Earnings Of $880 Million Or $0.83 Per Common Share
Net income applicable to common shareholders was $804 million
04/20/2017
Coutts announces sharpened focus on investment management with new and realigned roles in senior Executive team
Peter Flavel, CEO of Coutts, said: “It’s a great time for Coutts. In 2016, we grew our investment AUM by £2bn, our investment performance sits at the top quartile over 1 and 3 years and our disciplined investment process and principles c
04/19/2017
Credit Suisse Offers Asia App for U.K. Digital Private Bank
Britain is the fourth country for Credit Suisse to roll out the digital app.
04/19/2017
Marilyn Suey Launches New Firm, The Diamond Group Wealth Advisors
The Diamond Group Wealth Advisors teams up with The Financial Services Network to expand their footprint in Northern California