11/03/2015
Deutsche Asset & Wealth Management Acquires Class-A Chicago Residential Property
The Class-A property is a nearly 218,000 square-foot combination of residential and retail that is 95.5% occupied.
Wealth and Asset Management
11/03/2015
Husband Charged in Wife’s 2009 Killing on Upper West Side
Mr. Covlin, 42, had been charged with second-degree murder in his wife’s death.
11/03/2015
Julius Baer acquires independent Swiss wealth manager
Started its activities in 2010, is based in Geneva, employs 19 people and manages assets of CHF 1.3 billion. In the past years, the company’s profitable business has enjoyed healthy growth.
11/03/2015
Manulife Private Wealth opens Hong Kong Office
As part of the Manulife Private Wealth offering in Hong Kong, a representative office of Manulife Bank of Canada is being launched at the same time.
11/03/2015
Barclays named “Wealth Manager of the Year” in the Middle East
The bank was awarded Wealth Manager of the Year for its service excellence over the past 12 months.
11/03/2015
International M&A and Corporate Finance Advisory firm recognised in industry awards
The company, which was founded in 2000 and is wholly owned by it partners and management, has in recent months won a number of awards including “Independent M&A Advisers of the Year – Switzerland” in Finance Monthly’s 2015 Gl
11/03/2015
Credit Suisse CEO Resisted Pressure to ‘Destroy’ Investment Bank
Credit Suisse Group AG Chief Executive Officer Tidjane Thiam said he “resisted calls to destroy the investment bank” as Switzerland’s second-largest lender seeks to focus on wealth management.
11/03/2015
Wealth management company selects Societe Generale SS Luxembourg for cross-border fund distribution
They will receive dedicated support to manage its investment fund and the expertise of SGSS’ experienced international team located within the Luxembourg hub to accommodate its ongoing needs.
11/03/2015
PFS awards: check out all the winners
The Personal Finance Society has awarded Simon Glazier of Aberdeen-based AAB Wealth chartered financial planner of the year, and Edinburgh-based Carbon Financial Partners chartered firm of the year.
11/03/2015
Why Billionaire Trader Stan Druckenmiller Believes In Amazon And Not IBM
The former head of hedge fund giant Duquense Capital said he’s currently buying high beta stocks that are growing faster than the wider economy.
11/03/2015
Family Office Association Expands Resources Through Harvest Exchange
The FOA is a membership organization that caters to the world’s wealthiest families and the single-family offices that oversee their assets.
11/03/2015
Swiss bank UBS lowers profit guidance and pushes back targets
Net profit at the bank for the three months ended September rose to SFr2.1bn £1.5bn from SFr762m a year earlier
11/03/2015
Credit Suisse Shows How Banks Couldn’t Lose in Pre-Crisis CMBS
A collapse in real estate prices following the sell-off saw property values drop to less than outstanding debt, spurring losses for noteholders.
11/02/2015
Fidelity Offers Envestnet Workstation To Retirement Planners
Retirement advisors with have single sign-on access to Retirement Solutions through their existing Fidelity WealthCentral and Streetscape platforms.
11/02/2015
RBC looks to expand reach of ‘Hollywood’s banker’
The biggest acquisition of a US bank for almost four years was announced in January and is expected to be completed on Monday.
11/02/2015
Credit Suisse Brokers Fret over Wells Fargo Recruitment Deal
As Credit Suisse offloads the business, Wells Fargo has stepped in to offer its brokers a sign-up deal of 300% of annual fees and commissions — with two major caveats
11/02/2015
EFG International formally launches business in Cyprus
Costas Stylianou works very closely with London-based Demetris Pisiaras, who is the market coordinator for Cyprus.
11/02/2015
London's wealth managers have missed their chance to reshape the profession
Josh Spero speaks to founder of Lord North Street, William Drake, about London's wealth landscape and his new property venture RFR
11/02/2015
John Spiers' wealth firm unveils digital service
They will also be able to access EQ's discretionary managed portfolios.
11/02/2015
Rothschild to bring European flagship funds to UK and develop alternative UCITS range
Part of expansion plans