Managers of Wealth

Finding a niche in Asian asset management

The big challenge for providers is coming up with funds that embody good ideas.

Children of Chinese billionaires may inherit wealth in next decade

The Hurun Research Institute has predicted that in the next five years.

Fairstone adds £140m FUM with My Wealth Management acquisition

Fairstone has made four other acquisitions in the last three months

Barclays named best Overall GCC Private Bank

WealthBriefing rewards Barclays with its most prestigious private banking award in the region

UBS picks Frankfurt over London for wealth management business

The choice of a societas Europaea as the corporate structure for the entity provides UBS with strategic flexibility.

Credit Suisse sees Brazilian reforms spurring repatriation of assets

Executives and bankers said the government's ability to nudge lawmakers into passing pension and budget bills is key to help Brazil's economy decouple from global volatility.

Asia's wealth industry booting out clients in costly clean-up

Bankers expect a new round of consolidation among small wealth managers, as the costs of client due diligence and surveillance become unsustainable.

How Wealth Managers Can Ride the Fintech Wave

Innovation in the fintech sector is being driven by many of the same trends

South Africa must tackle dominant firms to achieve better wealth distribution

But this narrative keeps the country trapped in the past.

DBS, Bank of Singapore ready for acquisitions in wealth mission

DBS Group Holdings and Bank of Singapore have already announced at least US$400 million of acquisitions

RBC Wealth Management net income up 55% from a year ago

Results were driven by strong results in Wealth Management, which includes City National Bank (City National), and higher earnings in Insurance, which includes the Q3/16 gain on the sale of our home and auto insurance manufacturing business.

Expert comment: £10m financial services poaching case dropped

Financial services firms are paying the price for failing to give proper consideration to restrictive covenants

Credit Suisse Said to Freeze Accounts in Search for U.S. Assets

Credit Suisse was one of 85 Swiss banks that signed agreements with U.S. prosecutors admitting they helped Americans evade taxes

Sofgen assists Bank of Singapore with integration of Barclays’ wealth business

On the technology side, the project was carried out by Swiss tech consultancy and integration firm Sofgen.

City veteran launches new asset management business

The Pacific Investments group has an outstanding track record

Citibank introduces new concept of wealth management in Korea

The Cheongdam center is the second wealth management center by Citibank Korea after its success with the first attempt with the Banpo center in Seocho last year, the bank said.

Ex-Goldman Partner Teague Taps Big Names for Boutique Adviser

Teague sets up firm with son of former HSBC Chairman John Bond

Hidden Growth Within Family Businesses: Driving Success Without The Fame

While family businesses are focused on growth, many of them stay discreet about their success, rarely appear on front pages, and continue to be an enigma.

CEO profile: David McKay, Royal Bank of Canada

He was appointed President of RBC on February 26th 2014 and CEO and Director of the Board on August 1st, 2014.

Rothschild reports strong first half fees

First-half pre-tax profit increased by 50% to 187m

Wealth and Asset Management