10/23/2018
Liechtenstein PB takes on fund management role from Scandinavian bank
This concerns all of the Luxembourg investment funds of the Carnegie Investment Bank in Sweden and Denmark.
Wealth and Asset Management
10/23/2018
Schroders and Lloyds unveil wealth management JV
Lloyds and Schroders see significant growth opportunities in the financial planning and retirement market and the JV will aim to become a top three UK financial planning business within five years.
10/23/2018
Guernsey products and services lauded in global awards
Generali Worldwide was named Best International Employee Benefits Provider. CEO Giorgio Daboni was delighted to have won in such a tightly contested field.
10/22/2018
UBS warns staff over China travel after banker held in Beijing: source
The purpose of the meeting with authorities is not clear, but the bank has asked others in its China wealth management team to review their travel plans carefully.
10/22/2018
Wealth management and advisory services firm changes hands
The deal is part of Banca Generali’s wider private-banking growth strategy launched with a view to strengthening the Bank’s range of services and its distinctive asset management and advisory expertise.
10/22/2018
UK’s second-largest investment platform buys Alliance Trust Savings
The acquisition adds significant scale to ii and reinforces our ability to deliver excellent choice, value and service to all our customers.”
10/22/2018
Raymond James launches new branch in the Lake District
The new branch will provide tailored investment advice, drawing on external financial planning expertise when required and working together with clients to create strategic long-term plans.
10/22/2018
Goldman shifts Marcus digital bank to its wealth unit
The move is aimed at starting new business offerings under the Marcus brand that can be sold to the unit’s expanding roster of clients.
10/22/2018
Goldman moves digital bank to wealth unit
Marcus, which makes personal loans online, will be pitched to the wealth management division's clients
10/19/2018
Raymond James reveals expansion plans
She said promoting female wealth managers will help to grow the Raymond James business in the UK as many women may feel more comfortable discussing financial planning with a female adviser.
10/19/2018
Rathbones director opens Raymond James’ 60th branch
He then joined James Brearley in 2006 as a branch manager.
10/19/2018
Julius Baer eyes acquisitions in Middle East and Africa as part of growth plans
The Swiss private bank says there’s clear evidence of wealth creation and growth in the region
10/19/2018
Coutts partners with fintech firm Mortgage Brain
This is an exciting next step for us in working more effectively with our intermediary partners
10/19/2018
Bank Vontobel buys Lombard Odier business in North America
Under the deal Lombard Odier will sell its existing discretionary and advisory wealth management business with U.S-based clients through an asset transfer to Vontobel.
10/19/2018
Former MI6 man tops the bill as Guernsey takes its private wealth message to London
The security theme will resonate with keynote speaker Sir John Sawers, former Chief of the Secret Intelligence Service MI6.
10/19/2018
Client demand prompted Rathbone fund launch
Financial returns and investing responsibly are not mutually exclusive, Rathbones’ David Harrison has said.
10/18/2018
Wealth managers eye massive long-term opportunity in impact investing
Younger ultra-high net worth Asian investors are reinventing the traditional cheque writing charity-giving of past generations towards a ‘profits with purpose’ form of investing
10/18/2018
Lok Yim: «Targeting $88 Billion in Assets under Management»
Our revenue growth has been strong and we have put in some cost efficiencies.
10/18/2018
UBP’s Aman Dhingra and his Take on the Future of Private Banking Advisory in Asia
The cathartic element of change, Dhingra argues, has been regulation.
10/18/2018
HSBC Partners with Marstone for Digital Client Engagement, Broadening Its Audience and Easing Access to Wealth Management
The partnership begins piloting later this month and is fully integrated with HSBC’s custodian, Pershing, a Bank of New York-Mellon Company.