05/18/2018
Red Alert at Falcon Private Bank
These are the losses which the small bank in Zurich owned by the Abu Dhabi state fund accrued in the past two business years.
Wealth and Asset Management
05/18/2018
UBS to double headcount in India: CFO
UBS already has two captive centres in Mumbai and Pune.
05/18/2018
Wealth management and Asia’s HNWIs – the path to global standards
The wealth industry in Asia must continue to lead global standards if it is to withstand external pressures and prosper in the current environment.
05/18/2018
JM Finn warns on 'enormous disruption' as business booms
It has become nearly impossible to obtain direct investment advice, without turning to a full discretionary service.
05/18/2018
Wealth manager seals Dundee deal
The move sees it add 150 clients.
05/18/2018
Canadian £1.2bn robo targets UK pension wealth
The robo-adviser has raised £122 million in funding from investment firm Power Financial Group.
05/18/2018
Spencer to back £500m float of investment platform AJ Bell
he agreement, which would cost Mr Spencer about £25m, would be the first major investment he has made since sealing the blockbuster £3.9bn takeover of Nex Group
05/17/2018
Next up for Envestnet: Insurance
Insurance solutions offer several advantages to goals-based investing including: tax deferral, death benefits, guaranteed income, principle protection and estate planning.
05/17/2018
Is Sergio Ermotti’s Greatest Wish Coming True?
Presently, a UBS share costs 16 francs. «Totally laughable,» Ermotti has noted.
05/17/2018
WH Ireland issues earnings alert as wealth costs mount
Over the same time the firm's wealth planning team witnessed a 50% growth in fees.
05/17/2018
Macquarie merges private wealth businesses
The gearing towards HNW investors in the bank's private wealth and banking business will have no impact on BFS's retail banking strategy which includes home lending, deposits and credit card solutions for consumer clients.
05/17/2018
RBC Wealth Management Aims to Build Diverse Advisor Force
The firm hired a dedicated recruiter to focus on bringing in more early-career and second-career candidates.
05/17/2018
Investec’s UK specialist bank was the only drag on full-year profit
The UK specialist banking arm — the group’s second-biggest profit generator — suffered a 9% fall
05/17/2018
7IM to buy Edinburgh-based asset manager
Both firms have a shared multi asset investment approach and aligned investment philosophies.
05/17/2018
AJ Bell profits jump 24%
AJ Bell’s latest interim results are its most profitable as it eyes a premium listing on the London Stock Exchange.
05/17/2018
Natixis hunts for hires in LatAm wealth market drive
The program led to the repatriation of more than $17 billion, opening up an opportunity to offer onshore, tax-efficient products.
05/16/2018
JP Morgan seeks majority stake in China joint venture
JP Morgan also announced in the statement the appointment of Mark Leung as chief executive officer of the company’s China operations effective May 14.
05/16/2018
Lombard Odier IM in high-end funds partnership with Credit Suisse AM
Juan will be supported by Ingrid Nouhaud, Analyst in Lombard Odier IM’s High Conviction Equity team.
05/16/2018
The winners: Top Women in Asset Management Awards
The #MeToo movement has helped to not only uncover egregious abuses
05/16/2018
2017 strong momentum intact, private banks expect another good year
Despite volatile markets in Q1, optimism remains high