11/02/2017
Succession buys two IFA firms
AFS was founded more than 25 years ago and is based in Glasgow and Edinburgh.
Wealth and Asset Management
11/02/2017
‘Phantom’ JPMorgan Wealth Manager Fired for Lying, Ex-Boss Says
Who’d been promoted from private banker to private wealth manager in 2008.
11/02/2017
Wealth boss sued by maid for failure to pay
He spent six years as a wealth manager in Credit Suisse’s private client services department.
11/02/2017
Credit Suisse’s Asian bankers now 25% more productive, but there are 60 fewer of them
Credit Suisse continues to “strategically” hire “quality” senior bankers as it aims to become the “entrepreneurs’ bank” in Asia, says a Singapore-based spokesperson.
11/02/2017
Swiss private bank completes Luxembourg takeover
It is the latest Swiss bank to cement its presence in Luxembourg, following moves by competitors like Julius Baer and J. Safra Sarasin.
11/02/2017
OM Asset Management beats 3Q profit forecasts
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
11/02/2017
Stanbic is named best private bank
This recognition is testimony to our solid track record of providing bespoke solutions that are globally relevant.
11/02/2017
Credit Suisse Profit Jumps as Focus on the Wealthy Pays Off
The rise was driven by improvement at its international wealth-management unit.
11/02/2017
Billion-Dollar RIAs Now Hold More Than Half the Channel’s Assets
Less than 4 percent of firms oversee 60 percent of all assets in the channel.
11/02/2017
Credit Suisse says strong results vindicate strategy
In a challenging context, our wealth management connected activities had a very strong quarter alongside resilient performance in GM and IBCM.
11/02/2017
RBS to offload Channel Islands Lombard unit
The regulations came in the tail of the 2008 global financial crisis and now require UK banks to keep current and savings accounts separate.
11/01/2017
Old Mutual To Keep A Fifth Of South African Bank
Old Mutual Will Go Through A “Managed Separation” Process
11/01/2017
Why Many Wealth Managers Do Not Deliver Super-Rich Solutions
A great number of successful business owners are not maximizing their personal wealth.
11/01/2017
SNB records CHF 33.7bn profit
As at end-September 2017, the SNB recorded a profit of CHF 33.7 billion, before the allocation to the provisions for currency reserves.
11/01/2017
Fidelity Expands High Net-Worth Private Investment Program
Fidelity Private Investment Program offers disciplined investment approaches for high-net worth investors.
11/01/2017
Thesis AM On Acquisition Trail As It Snaps Up Cambridge Fund Managers
Thesis' Acquisition Strategy Is Driven By A Management Buy-out In June
11/01/2017
Active Managers Should Welcome Cold Shoulder From Harvard MBAs
Decisions Of Top Graduates Emerge As Sound Contrarian Indicator
11/01/2017
Standard Chartered - Regulatory changes weigh on bland results
Income growth has returned this year, albeit disappointingly modest, and provisions for bad loans have declined dramatically
11/01/2017
Prudential's U.S. life business enters private wealth market
Global consultancy firm Capgemini defines high net worth individuals as those with investable assets of $1 million or more, excluding their primary residence, collectibles and consumables.
11/01/2017
BTG Pactual has no plans to cash in $300 mln EFG gain
The BSI deal helped EFG nearly double in size to compete better in Switzerland’s crowded private banking market.