12/22/2016
Voices 5 megatrends that are reshaping wealth management
This number is projected to increase, spurred by the powerful U.S. economy
Wealth and Asset Management
12/22/2016
ZEDRA announces the acquisition of Luxembourg corporate trust service firm
The acquisition will increase ZEDRA’s size to nearly 380 staff worldwide.
12/22/2016
IHT Wealth Management and US Wealth Management Announce Partnership and Strategic Transition Plan to Combine Firms
Phased Process to Position Combined Firm for Continued Growth through Enhanced Scale, Resources and Expertise
12/22/2016
Mysterious times: 2017's challenges for wealth and fund firms
In a report on the industry, EY highlights eight key areas of focus next year.
12/22/2016
UBS' World-Largest Trading Floor Up For Sale
The 13-story building next to Stamford's Metro train station is nearly empty now, shoulders a nearly $150 million mortgage, and has become symbolic for the decline of Wall Street as much as for UBS' near-collapse.
12/21/2016
Quilter Cheviot’s Managed Portfolio Service Marks 15 Year Anniversary
Quilter Cheviot first launched its MPS Growth, MPS Balanced and MPS Income strategies on 28 September 2001.
12/21/2016
Israeli bank sells Swiss private banking arm
The acquisition of FIBI Switzerland's business enables us to significantly increase bank's activity
12/21/2016
Vistra Announces Acquisition
We are pleased to have reached an agreement with Vistra. For Jordans to become part of Vistra, with its wide global footprint,
12/21/2016
Barclays named “Wealth Manager of the Year” in the Middle East
The judging panel commended Barclays for achieving its ambitious growth efforts in the region.
12/21/2016
Praxis Fund Services (UK) assists with the launch IPO for Bellevue Asset Management AG
The investment objective of BB Healthcare Trust plc is to provide shareholders with capital growth and income over the long-term, through investment in listed or quoted global healthcare companies.
12/21/2016
CIOT reports on PAC hearing into HNW unit
Among the areas HMRC says it is looking into are the so-called Panama Papers, footballers, overseas assets and marketed avoidance schemes.
12/21/2016
Advent International buys minority stake in ASK Group
Founders of ASK Group, a leading investment and wealth management company, will retain the controlling stake and continue to lead the business
12/21/2016
Hong Kong seeks private bankers for local, mainland clients
The demand for private bankers is not surprising, especially with the continued growth of the number and wealth of HNWIs in both Hong Kong and China.
12/21/2016
Qumram celebrates three coveted RegTech award successes in private banking and wealth management
The awards awarded by banking professionals, recognizing the vendors that are best positioned to help Qumram meet mission critical business challenges
12/20/2016
Old Mutual raises $291m in asset management listing
Old Mutual is currently undergoing a “managed separation”, which will see OMAM, as well as Old Mutual Wealth, Old Mutual Emerging Markets and Nedbank separated
12/20/2016
Citi expands trustee services in Singapore
Citi has received a trust business license to expand its trustee services for collective investment schemes in Singapore.
12/20/2016
Steward Partners And Raymond James Welcomed 40 New Partners In 2016: End Year With New Advisor To Join $150 Million Bethesda Team
Banner 2016 for Steward Partners in New Assets, Revenue and Locations; Firm Boasts $2.75 Billion in Recruited New Assets
12/20/2016
Wealth manager bemoans "one of the toughest industry environments" since 2008, but is hopeful for 2017
WH Ireland said that during the course of the year assets under management and administration in its wealth management division have risen to around £3bn.
12/20/2016
Pushing that Boulder Up the Mountain
The way to overcome this trap is to provide value to the client
12/20/2016
Randomness, Rocks & Wealth
Lisette Cooper ministers to the ultra rich