11/04/2016
Van Lanschot reports AUM up
Despite the typically lower client trading volumes over the summer, commission income was stable compared with the first two quarters of 2016.
Wealth and Asset Management
11/04/2016
The Flurry of November: TLP, Spears and Seminars by Penny Lovell
This week saw the fourth module of the Trustee Leadership Programme, which we run in partnership with Cause4 and The Clothworkers’ Company. The final “matching” evening will take place in a few weeks where participants will have the oppo
11/03/2016
OCBC builds up private banking as costs soar
For us, it is very important to continue to build up the scale in this business.
11/03/2016
BSI Bankers Had Free Reign in 1MDB Dealings
The Swiss private bank was shut down in Singapore in May for allegedly helping to launder 1MDB money.
11/03/2016
GMP faces ‘good dilemmas’ as it weighs possible sale of RGMP
TD recently sought an extension on its exclusivity to perform due diligence until Nov. 22, but it remains unclear whether that process will result in the bank making a final, binding bid.
11/03/2016
Credit Suisse posts surprise Q3 net profit; raises legal reserves
The Swiss bank's profit for the three months to end-September was well above the average estimate for a 120 million franc loss in a Reuters poll of five analysts.
11/03/2016
Schroders reports wealth management profit dip
UK bond and equity prices hit simultaneous record highs and investors began to question asset prices
11/03/2016
UBS hopes short-term investment strategies spur client trading
For billionaire and millionaire clients UBS typically prepares a strategic asset allocation which looks five to seven years ahead.
11/03/2016
The Wealth Finance Brief - Fieldfisher
In this edition of The Wealth Finance Brief we have sought to highlight the recent developments in the legal world which we think are of most relevance to private bankers.
11/03/2016
JTC Adds USA Trustee Services to Range of Global Fiduciary Solutions
It is this US planning element that was fundamental to our decision to establish ourselves in the jurisdiction.
11/03/2016
Lombard Odier hires eight-person team from AlphaGen Capital
The Volantis team will join Lombard Odier's hedge fund strategies platform statement
11/03/2016
Société Générale Beats Forecasts on Investment Banking Gains
ROE excluding non-economic items** of 9.7% in Q3 16 (7.0% in Q3 15)
11/02/2016
Argentina: Argentina To Amend Its Legal Framework For Private Banking
The outcome the authorities are working in the regulation.
11/02/2016
Private banks lacking scale exit Singapore
Eight foreign private banks have pulled out in the last two years, at a time of Asia's explosive growth in wealth
11/02/2016
Old Mutual disburses $2,2m for SME centre development
This development will not only improve the competitiveness of SMEs, but also enable to contribute to the development of economy
11/02/2016
Heritage Wealth Advisors Invest in Brookfield Asset Management Inc.Shares
Next Financial Group Inc acquired a new position in Brookfield Asset Management during the second quarter valued at $252,000.
11/02/2016
UBS to cut several dozen wealth management jobs
At the time, UBS said this would lead to staff cuts without going into specific figures.
11/02/2016
Endurance Wealth Management Lowers stake in JPMorgan Chase & Co.
JPMorgan Chase & Co. makes up approximately 1.79% of Endurance Wealth Management’s portfolio.
11/02/2016
Swiss Life Offers Asset Management to Private Clients
Swiss Life at the end of September launched two wealth management mandates
11/02/2016
Private banking recognition caps off momentous year for lombard odier
The recognition caps off a momentous year for the bank, having recently celebrated its 10-year anniversary in Dubai.