11/29/2018
Wealth managers falling short of Asian HNW expectations
Asia’s high net worth investors want less complex fee structures and more personal connection
Wealth and Asset Management
11/29/2018
This London bar sells the most expensive cognac in the world – $3200 for a 10ml shot
The limited-edition Rome de Bellegarde 1894 was discovered in the cellars of Cognac house Jean Filloux by fifth-generation cellar master Pascal Filloux.
11/29/2018
Quilter Private Client Advisers acquires three financial planning businesses
Clients of Cheltenham-based Eastgate, will be serviced from Quilter Private Client Advisers’ Birmingham office, while Holdaway Johnson, based in Surrey, will be aligned to the London office.
11/29/2018
Baird to buy wealth manager
Terms of the deal, which is subject to customary regulatory approvals, were not disclosed.
11/29/2018
Wealth manager to bolster US footprint
Currently works with a strong network of local Florida-based intermediaries and industry professionals.
11/29/2018
Top German wealth managers hold form despite margin squeeze
Hamburger Sparkasse, Oddo BHF, and Berenberg log a decade or more in the top 10 as ranked by Elite Report.
11/29/2018
Eight Ex-Berenberg Bankers Build $1.7 Billion Asset Manager
Insurers, endowments and family offices are among customers
11/29/2018
Global banks battle to handle private wealth in China
In Hong Kong, there are about 3,800 wealth practitioners including relationship managers and investment advisers, according to the Private Wealth Management Association.
11/29/2018
Fearless Girl who faced down Wall Street's bull moved to new spot
Statue that symbolized female empowerment moved to NYSE
11/29/2018
CIBC earnings rise on retail banking and wealth management
Earnings per share, excluding one-off items, rose to $3.00. Analysts had, on average, forecast earnings per share of $3.04, according to IBES data from Refinitiv.
11/29/2018
What is Wealth Management and How Will the Model Develop in Vietnam?
A panel of experts at the Hubbis Vietnam Wealth Management Forum 2018 discussed the evolution of the wealth management industry in Vietnam and how the industry’s prime movers can set the tone and standards for its long-term, sustainable growth.
11/28/2018
ZEDRA Group Announces Long-Term Strategic Partnership
Under the terms of the agreement, Corsair will acquire the majority of the equity holdings from ZEDRA’s current owners, the Nielsen and Sarikhani families.
11/28/2018
Bigger is better in wealth management. Except when it’s not
Consider recent deals by two banks.
11/28/2018
HSBC Intensifies Fight for Germany’s Super-Rich
Last year, the unit collected almost two billion euros in new money while assets under management reached an all-time high of 28.5 billion euros.
11/28/2018
Santander in talks to acquire part of Julius Baer’s LatAm book
Among the 10 markets where it was looking to focus its growth efforts were Mexico, Chile, Brazil and Argentina.
11/28/2018
The challenges for wealth firms offering a Tier 1 visa service
A number of wealth managers and private banks offer the service, though that number is dwindling.
11/28/2018
Chinese Banks Are Hiring People to Manage $930 Billion of Wealth
Foreign and Chinese banks target different skills in Hong Kong
11/28/2018
WH Ireland Group Plc Continues to progress its transformation programme
The last two months of this period saw a number of important changes, building on the work undertaken in recent years.
11/28/2018
Scotiabank to exit nine countries in Caribbean shake-up
Scotiabank's Global Banking and Markets Division acted as exclusive financial advisor to Scotiabank on both transactions.
11/28/2018
Brewin Dolphin annual profits rise 19% as total funds jump
Balance sheet remains strong, underpinning the delivery of our growth strategy.