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Wealth and Asset Management

11/29/2018

This London bar sells the most expensive cognac in the world – $3200 for a 10ml shot

The limited-edition Rome de Bellegarde 1894 was discovered in the cellars of Cognac house Jean Filloux by fifth-generation cellar master Pascal Filloux.

11/29/2018

Quilter Private Client Advisers acquires three financial planning businesses

Clients of Cheltenham-based Eastgate, will be serviced from Quilter Private Client Advisers’ Birmingham office, while Holdaway Johnson, based in Surrey, will be aligned to the London office.

11/29/2018

Baird to buy wealth manager

Terms of the deal, which is subject to customary regulatory approvals, were not disclosed.

11/29/2018

Wealth manager to bolster US footprint

Currently works with a strong network of local Florida-based intermediaries and industry professionals.

11/29/2018

Top German wealth managers hold form despite margin squeeze

Hamburger Sparkasse, Oddo BHF, and Berenberg log a decade or more in the top 10 as ranked by Elite Report.

11/29/2018

Eight Ex-Berenberg Bankers Build $1.7 Billion Asset Manager

Insurers, endowments and family offices are among customers

11/29/2018

Global banks battle to handle private wealth in China

In Hong Kong, there are about 3,800 wealth practitioners including relationship managers and investment advisers, according to the Private Wealth Management Association.

11/29/2018

Fearless Girl who faced down Wall Street's bull moved to new spot

Statue that symbolized female empowerment moved to NYSE

11/29/2018

CIBC earnings rise on retail banking and wealth management

Earnings per share, excluding one-off items, rose to $3.00. Analysts had, on average, forecast earnings per share of $3.04, according to IBES data from Refinitiv.

11/29/2018

What is Wealth Management and How Will the Model Develop in Vietnam?

A panel of experts at the Hubbis Vietnam Wealth Management Forum 2018 discussed the evolution of the wealth management industry in Vietnam and how the industry’s prime movers can set the tone and standards for its long-term, sustainable growth.

11/28/2018

ZEDRA Group Announces Long-Term Strategic Partnership

Under the terms of the agreement, Corsair will acquire the majority of the equity holdings from ZEDRA’s current owners, the Nielsen and Sarikhani families.

11/28/2018

Bigger is better in wealth management. Except when it’s not

Consider recent deals by two banks.

11/28/2018

HSBC Intensifies Fight for Germany’s Super-Rich

Last year, the unit collected almost two billion euros in new money while assets under management reached an all-time high of 28.5 billion euros.

11/28/2018

Santander in talks to acquire part of Julius Baer’s LatAm book

Among the 10 markets where it was looking to focus its growth efforts were Mexico, Chile, Brazil and Argentina.

11/28/2018

The challenges for wealth firms offering a Tier 1 visa service

A number of wealth managers and private banks offer the service, though that number is dwindling.

11/28/2018

Chinese Banks Are Hiring People to Manage $930 Billion of Wealth

Foreign and Chinese banks target different skills in Hong Kong

11/28/2018

WH Ireland Group Plc Continues to progress its transformation programme

The last two months of this period saw a number of important changes, building on the work undertaken in recent years.

11/28/2018

Scotiabank to exit nine countries in Caribbean shake-up

Scotiabank's Global Banking and Markets Division acted as exclusive financial advisor to Scotiabank on both transactions.

11/28/2018

Brewin Dolphin annual profits rise 19% as total funds jump

Balance sheet remains strong, underpinning the delivery of our growth strategy.

11/28/2018

Here's what private bankers in Singapore can expect for their salaries and bonuses

And Cloud company Deskera secures US$60m funding.

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