10/08/2020
So the impact of the crisis on the financial advice industry goes beyond market volatility and its impact on investments - redefining, perhaps permanently, the role advisers play in their client’s lives.
10/08/2020
He self-critically admits, however, that the bank communicated too little transparently to the outside world
10/07/2020
Wealthy clients face plethora of offerings from old firms and new rivals alike
10/07/2020
The Peloton boom has claimed everyone from high-flying bankers to Rishi Sunak, but it’s not the only way the one per cent are working out
10/07/2020
Guy Hands told a webinar hosted by Guernsey Finance, staged as part of Climate Week NYC 2020, that he believed that longer-life funds and long-term investment would grow in popularity.
10/07/2020
Bank is grappling with low rates and rising household savings
10/07/2020
The NRA is a key step towards our next assessment by MONEYVAL, which uses the FATF recommendations as its starting point.
10/07/2020
Her sex should not matter, but her sex matters very much indeed
10/07/2020
It is slow and gradual, as yet, but this evolution offers an unprecedented opportunity to change the way the industry engages with its clients.
10/07/2020
Firms are planning to cut headcounts once again in the next quarter, the report said, but the rate of cuts is expected to slow once again to a 17 per cent drop.
10/06/2020
Randall Arthur, Joyce Xiang and Calvin Koo looked at judicial assistance between Hong Kong and Mainland China, as well as the recently amended Hong Kong money laundering statutes.
10/06/2020
Negative rates in UK? How to protect yourself if Bank takes interest rates below zero
The main risk for savers is that, if rates do go negative, the return on cash – already paltry – could also turn negative. At the very least, negative rates would mean they are unlikely to rise anytime soon.
10/06/2020
Almost a quarter of respondents identified failure to engage the next generation as a key risk.
10/05/2020
Amid warnings the pandemic could push 100 million people into extreme poverty, Malpass renewed his call for private banks and investment funds to get involved too.
10/05/2020
The region’s wealthy reflect on succession, creating liquidity to fund new opportunities and private jets
10/05/2020
Private wealth managers say that extended periods of restricted personal interaction and communication among family members can exacerbate existing tensions about estate succession and wealth management.
10/05/2020
There are bright spots in the business, with a 30% rise in sales in the Asia Pacific region offsetting the 14% decrease in the rest of the world.
10/05/2020
These costs have compounded now that customers around the world are reducing their store trips.
10/05/2020
The program grants Permanent Residency to individuals who meet specific criteria.
10/05/2020
In fact, 80% of survey respondents reported some level of financial mismanagement by the individual they care for.