04/18/2016
Africa’s offshore wealth: feeding inequality
Rise of Africa’s rich has been good business for banks but less good for development
Wealth and Asset Management
04/18/2016
Europe's banking sector needs 'creative destruction' - UBS boss Axel Weber
However, Weber argued that this isn't easy given the current climate of balance sheet reductions in the banking sector.
04/18/2016
Appleby Fiduciary Business Rebrands
The global corporate, trust, funds and accounting services company is led by Chief Executive Officer Farah Ballands, supported by Estera’s existing management team with over 150 years of combined industry experience.
04/15/2016
Private Bankers Cool on Singapore Bonds
Credit Suisse Private Banking Asia Pacific and CA Indosuez Wealth Management say investors are favoring higher-quality issuers, while UBS AG Wealth Management warns of the prospect of exchange-rate losses on local-currency bonds.
04/15/2016
Global Shell Games author to launch new research at Jersey Finance private wealth conference
The joint author of the renowned research ‘Global Shell Games’ will be a keynote speaker at this year’s Jersey Finance Annual Private Wealth Conference, where he will also launch his latest research report.
04/15/2016
AP Executive wins 2016 Offshore Excellence Award
The decision was made after a rigorous selection and judging process, focussing solely on the merit in order to honour those companies that demonstrate the highest level of professionalism and ingenuity, as well as sustained and measurable success.
04/14/2016
Union Bancaire Privée completes its acquisition of Coutts activities in Asia
The attraction of the Coutts deal was not Europe but Asia, says Union Bancaire Privee’s CEO Guy de Picciotto.
04/14/2016
Trusts top agenda at Jersey Finance Private Wealth Conference
Jersey Finance has confirmed the line-up of speakers for its Annual Private Wealth Conference featuring leading tax and legal experts who will address hot topics for high net worth clients from trust legislation and its relevance today to private wealth m
04/14/2016
3 reasons an investment banking background can help a wealth management career
Wealth management is typically viewed as more relaxed – advising private, often non-professional investors who frequently make decisions over a longer timeframe.
04/14/2016
Why JP Morgan embarked on its private banking trim
The bankers were all focused on high net worth, as opposed to ultrahigh net worth, individuals.
04/14/2016
Why Brits are so angry about David Cameron’s family wealth
These facts have never changed, and it's hard to argue that Cameron ever portrayed himself as anything else.
04/14/2016
Barclays purchase reflects OCBC push
With financial technology start-ups gradually making inroads into "high-volume, low-value -add" services such as payments and foreign exchange.
04/14/2016
Tilney Bestinvest introduce one-off advice service
The service will be available to new clients and to existing users of the Group’s non-advised Online Investment Service.
04/14/2016
PRAXISIFM acquires fiduciary and corporate governance consultancy
PRAXISIFM has acquired a fiduciary and corporate governance consultancy to enhance its presence in Switzerland and expand its operational footprint in Africa.
04/14/2016
Don't believe the hype: J.P. Morgan Private Bank talent outfows just "strategic attrition"
Highlight a much more critical industry-wide issue – that of the cost of servicing smaller accounts with expensive infrastructure.
04/14/2016
Panama papers haunt venerable private German bank
But the Panama Papers have brought to light some questionable business dealings with alleged drug traffickers, money launderers and terrorist financiers.
04/14/2016
KYC3 is the choice of BNP Paribas Wealth Management
The company’s aim is to be the regtech that delivers the KYC experience of the future.
04/14/2016
Does banking advice pose a threat to wealth managers?
For HSBC the latest initiative to drum up new business will be offering investment advice to people with smaller sums to invest.
04/14/2016
JM Finn & Co wins prestigious award
The award for Best Discretionary Service at the 2016 City of London Wealth Management Awards was presented to JM Finn & Co at a ceremony at The Guildhall.
04/14/2016
War on independence: New data reveals advisers set for restricted future
From a pre-RDR heyday, where independent advice was the dominant force in distribution, EY now predicts restricted advice will make up at least half of the market by 2020/21.