Managers of Wealth

Lebenthal shutters wealth management group

The division opened its doors at the start of 2014 but failed to gain traction in the shifting advice marketplace

Modernizing Trusts for Modernized Families

In the UHNW space, these claims can bring unwanted publicity.

PagnatoKarp Recognized by Forbes 2016 America's Top Wealth Advisors

Advisors must have a minimum of seven years of experience to be considered.

Tiny German bank breaks taboo by charging rich clients for deposits

Several German banks have passed on the ECB's negative deposit rate to large commercial customers such as companies and institutional investors

Cofunds to offer investment trusts following Aegon deal

This could revolutionise the distribution of investment trusts, a £149 billion sector that has struggled to make inroads to the wider IFA market.

The amazing forgotten Barclays recruitment video.

The same cannot be said for the truly, truly excellent Barclays Capital recruitment video from 2006 which we’ve posted below.

WM Profile: SJP’s Ralph on acquisitions, opportunities and vertical challenges

We are vertically integrated in that we manufacture and distribute.

Financial fertiliser - St. James's Place

Governor Mark Carney indicated that the BoE had chosen to prioritise supporting growth over taming inflation.

The conversation clients need to have with their wealth managers

This distinction is important because these two sets of clients approach risk in a significantly different manner.

Old Mutual profit up on lower tax expenses

As part of its separation, the investment firm on Tuesday announced the sale of its Italian wealth arm to private equity-backed Ergo Italia for €278m.

OCBC Bank set to disrupt wealth management and customer service with these 3 startups

As it turns out that objective wasn’t just ‘blue-sky thinking’ on OCBC’s part.

Credit Suisse CEO says bank does not need to raise capital: Bloomberg

The bank's shares were down 48.8 percent this year up to Monday's close.

Sale price of Swiss bank BSI plummets due to 1MDB scandal

EFG had earlier announced that it planned to pay roughly 1.33 billion francs for Lugano-based BSI, in a deal expected to close later in the year.

Brexit Uncertainty Has Wealthy Asians Looking West

Increased uncertainty and volatility has accelerated the trend

Old Mutual to cut jobs in London as part of restructure

The head office in London is being restructured to support a holding company focusing mainly on two functions.

Chinese Lender Invests in Hong Kong Wealth Manager

We can form a partnership to develop high end wealth management for Chinese clientele.

UBP Undeterred by Oil Price Drop

Geneva-based UBP is still upbeat on business with wealthy clients from the Middle East, despite a sharp drop in the price of oil, according to private banking head Michel Longhini.

Deutsche Asset Management invests €490m in Spanish retail property

The company said, that since opening in 2001, the asset had maintained a solid performance and continuously increased sales and visitor figures.

BTG Pactual’s Swiss unit BSI posts second-quarter USD6.4b outflows

The Malaysian fund known as 1MDB is thought to have carried out $4 billion in irregular deals in recent years.

Raiffeisen – the Bank of Swiss Cities

Growth of interest income was above average in the cities areas where Raiffeisen traditionally hadn't been strong.

Wealth and Asset Management