03/14/2016
NAB Private drops wealth advice to focus on banking
This comes two months after NAB snapped up the remaining 20 per cent stake in wealth group JBWere, in a deal understood to cost about $20 million.
Wealth and Asset Management
03/11/2016
Jersey Finance announces 2016 GCC Roadshow
The lunchtime events will offer key insights into a number of recent trends, such as the increase in GCC investors investing in UK real estate
03/11/2016
Nicola Wealth Management Among Canada's 50 Best Managed Companies in 2015
NWM is honoured to earn a spot on this esteemed list of Canada's Best Managed Companies.
03/11/2016
Independent firms can grab more AUM, but growth hurdles remain
Independent asset managers and multi-family offices (MFOs) stand to benefit from a mix of dynamics playing out at the moment
03/11/2016
Old Mutual to split into four businesses
The process should be completed by the end of 2018, the group said on Friday, as it sketched out the details of a keenly-anticipated strategic review.
03/11/2016
Old Mutual confirms separation of wealth arm
Old Mutual Wealth increased funds under management by 27% to £104.4 billion, according to its full year results to the end of 2015.
03/11/2016
Wealth management group to float on Aim market
It said most of the proceeds will be used to fund further acquisitions and for small infrastructure costs.
03/11/2016
Deutsche Bank Cuts Bonus Pool 11% as Cryan Spreads Legal Costs
The shares rose 3.8 percent to 17.71 euros at 9:22 a.m. in Frankfurt after four days of declines.
03/11/2016
Asset Risk Consultants signs Smith & Williamson Ireland
The Private Client Indices are a peer group comparison tool designed to provide insight in to the actual returns generated by private client investment managers.
03/11/2016
Raymond Baer Says Altin Shareholders Favor His Move to Take Over
The company’s management is resisting the move by its largest shareholder.
03/11/2016
OCBC aims for innovations in wealth management as banks ramp up fintech drive
The programme will accept applications until March 17. Through the programme OCBC aims to become the first financial partner for fintech startups.
03/10/2016
Swiss wealth management firm Seeks Distance From 1MDB Controversy
Swiss wealth management firm’s CEO defends compliance mechanisms
03/10/2016
Flight of the non-doms?
Wealthy beneficiaries say they will leave the country if Britain revamps a special tax status
03/10/2016
Edmond de Rothschild (Suisse) Gets Record $8.2 Billion New Money
“2016 will be a year full of ambitions and challenges,” Ariane de Rothschild, who chairs the Edmond de Rothschild group executive committee, said in the statement. “Notably, we will face continued turbulence this year owing to the high l
03/10/2016
Swiss Private Bank may be interested in assets in Barclays' Africa sale
Owned by Abu Dhabi sovereign wealth fund International Petroleum Investment Company and has around $18 billion in assets under management.
03/10/2016
Citigroup has set up a new group to cater to the richest investors in the world
The new body will combine corporate and investment banking coverage of private-equity, sovereign-wealth, pension, and hedge funds and certain family offices.
03/10/2016
Cornèr Bank Ltd to issue structured products with SIX Swiss Exchange
SIX Swiss Exchange welcomes Cornèr Bank Ltd as a new issuer of structured products.
03/10/2016
Why financial services / products suck for the rich (but not super rich)
In reality, the free coffee is where the VIP treatment ends for some millionaires.
03/10/2016
John Gutfreund, Face of 1980s Wall Street Swagger, Dies
Mr. Gutfreund came to represent an era on Wall Street when swashbuckling bond traders made huge bets using house money
03/10/2016
Top bankers get million-dollar pay hikes
Promotions meant big pay raises last year for the men taking the helm at three of Canada's biggest banks.