05/24/2016
JPMorgan Said to Cut Almost 100 Employees in Its Private Bank
While banks have cut thousands of employees since the financial crisis, wealth-management operations have been generally spared the worst as the business has grown along with the fortunes of clients.
05/23/2016
The minimum investment is £50,000 but the service is hoping to attract the traditional clients of private banks such as Coutts and Brewin Dolphin.
05/23/2016
Dr Gerard Lyons, the pro-Brexit economist and writer, is throwing his weight behind the latest new service to launch in the UK.
05/23/2016
RKCR/Y&R continues comeback with big Swiss wealth manager win
RKCR competed with some of continental Europe’s finest, believed to include BETC Paris, Fred & Farid and Armanda Testa.
05/23/2016
The pound may have rallied amid evidence U.K. public opinion is shifting away from a Brexit, but one fund manager isn’t taking any chances.
05/23/2016
In terms of country exposure, Saudi Arabia represents the single largest percentage, with the UAE also quite large.
05/23/2016
Other private banks such as JPMorgan Chase & Co have also cut private bankers in Asia this year.
05/23/2016
French asset manager buys Dublin’s Kleinwort Benson for €108 million
That’s very much our objective and the objective of the shareholders as well,” said Hawkshaw.
05/23/2016
Law firm ordered to close down wealth management services
The firestorm that has flared over the Panama Papers disclosures threatens to consume the credibility of country's lucrative offshore financial centre
05/23/2016
Just over £6.5m raised for new venture
05/23/2016
A spokesman for Aberdeen added the company has never had a formal approach.
05/23/2016
ANZ might seek to sell part or all of the unit, which develops life-insurance, pension products
05/23/2016
Two former senior banking executives launched a new online wealth management service targeting high network individuals, branded as Netwealth
05/20/2016
It is also worth noting that investors are expecting to spend up to 42% of their strategic budgets on compliance, instead of on driving revenue growth.
05/20/2016
Credit Suisse has operated its securities brokerage in Thailand for more than 16 years.
05/20/2016
The bank didn't want to say why it shut the research.
05/20/2016
Among the award-winners and highly commended people by the judges was David Lough, who took this year’s Lifetime Achievement Award.
05/20/2016
Over the long-term, the onshore wealth arm is expected to triple the size of its business across headline parameters.
05/20/2016
PH Chng, a country team head for Taiwan International is believed to have exited the bank, along with an unspecified number of team members.
05/19/2016
UBS is on track to roll out a new robo-advice platform geared to its “ultrawealthy” clientele next year,