09/19/2018
Absa’s pan-African strategy for high net worth customers
Absa had decided to have a good offshore wealth offering.
Wealth and Asset Management
09/19/2018
Wealth Management Firm Reaches £4BN Milestone
Chief executive Alan Hudson said: "In January 2017 the company set out a number of financial aspirations, including having £5bn of funds under management by 2021, an increase of 150 per cent above the £2bn level at that time.
09/18/2018
Credit Suisse Scolded for Its Oversight of Rogue Wealth Manager
Lescaudron’s activity, which began in 2007, went undetected by Credit Suisse and his clients until a massive wrong-way bet on a Californian drugmaker in 2015 exposed his behavior.
09/18/2018
HSBC to Bolster Asia Private Banking, Double Client Assets
On September 11, 2011 HSBC displayed its logo at its headquarter in HONG KONG china, the private banking plan for expansion
09/18/2018
Societe Generale Private Banking (SGPB): Embracing phygitalization
Over the last five decades, Societe Generale has been synonymous with innovation, says Jean-François Mazaud, Head of the group’s private banking unit (SGPB).
09/18/2018
Credit Suisse eager for Thai wealth pool
Credit Suisse's Asian Family Business Report also finds that 66% of all listed companies in Thailand with market capitalisation above $50 million are family owned businesses
09/18/2018
The New Ultra-Wealthy Benchmark Is $50 Million
According to Knight Frank and Wealth-X, in part, it’s the “growing momentum of the global economy since the start of 2017”.
09/18/2018
UBS has chosen Frankfurt as its post-Brexit EU base
Major financial organisations are being forced to rethink their European strategies as a result of Brexit and the coming end to financial passporting arrangements.
09/18/2018
Rich Asian family-owned firms create more wealth
Financials, consumer staples and consumers discretionary makes up the top three sectors in terms of the sector contributions towards the total market capitalisation.
09/18/2018
Wealth management firm to create 12 jobs with office move
The new headquarters in Luke Lane, Brailsford, will keep many of the historic features of the corn stores barn conversion which was the former showroom of tile company, Stoneworks.
09/17/2018
Hawksford refines its offerings and its corporate personality to build its presence in Asia
The needs of highnet- worth (HNW) clients in Asia are ever more complicated, requiring intricate structuring of their business and family affairs, which require a deep understanding of concerns and the wealth planning ‘toolkit’ of solutions.
09/17/2018
Credit Suisse heralds calmer years ahead as overhaul ends
Thiam’s pitch is that the bank would use its investment-banking expertise to serve the ultra rich and their companies.
09/17/2018
Standard Chartered Private Bank integrates tech and tradition for new UK Resident non-Domiciled service
Standard Chartered’s UK RND service uses technology based safeguards to automatically segregate cashflows.
09/17/2018
Germany's Berenberg sells Swiss private bank to investor consortium
The acquired business has 100 staff in Zurich and Geneva, offering private banking, asset management and family office services
09/16/2018
Do-it-yourself deals are all the rage among rich investors
Ultrawealthy look beyond hedge funds and private equity to making direct investments in businesses
09/14/2018
Private bank of the year: Citi
Asia Risk Awards 2018
09/14/2018
Mindsets and strategies: Helping HNW clients adapt to volatility and doubt
The discussion, which took place in Singapore on an off-the-record basis, provided a forum for wealth management peers to debate their approaches to the current state of the global economies and financial markets.
09/14/2018
Evercore Relocates its Trust Company Headquarters to Delaware
Evercore Trust Company, N.A. provides fiduciary services to families, foundations and endowments across the United States, in partnership with Evercore Wealth Management, LLC.
09/14/2018
Morgan Stanley Passes $25B in Impact Assets
In the six months, Morgan Stanley has launched two programs that have helped drive its platform’s success.
09/14/2018
Absa set to woo Africa’s super-rich
Bank to roll out in-country wealth and investment solutions.