Managers of Wealth

'You had me at Abu Dhabi'

Mark Peters, Head, Private Clients and Wealth Management – ADCB explains why it is so important to have a local private bank that knows its clients business from A to Z

China Offers Double-Digit Growth Opportunity to UBS’s Zeltner

UBS’s expansion in China comes at a difficult time for its wealth-management business, the firm’s largest unit, which posted a 47 percent slump in pretax profit in the fourth quarter.

New wealth reshaping product delivery in India

This combination of structuring and innovation has led to growth in the take-up of AIFs in recent years among India’s wealthy.

Santander Brasil eyes Citigroup unit to grow wealthy clientele: executive

Engel's remarks come less than a month after Citigroup unveiled a plan to exit retail banking and credit card operations in Brazil, Argentina and Colombia to curb costs and boost profitability.

Shares in UK wealth managers get Budget boost

Over their lifetime, savers will be able to have contributions of 128,000 matched by the government for a maximum bonus of 32,000 pounds.

PURE Insurance Awarded Best Insurance Product Provider at the Family Wealth Report Awards 2016

The Family Wealth Report Awards were designed to recognize companies, teams and individuals who have demonstrated innovation and excellence during 2015.

Barclays named “Best Private Bank in the Middle East”

We are delighted to have been named the ‘Best Private Bank in the Middle East’ for the second year in a row

UBS Says Volatility Hurting Wealth, Investment Bank Units

Banks around the globe have been hurt by record-low interest rates, plunging commodity prices and cooling emerging-market growth

Rowan Dartington aiming to double assets over two years -

Rowan Dartington is aiming to near double its assets under management over the next two years, according to executive chairman Graham Coxell.

Edgar de Picciotto, Hedge-Fund Pioneer, Dies at Age of 86

A native of Lebanon, he founded Compagnie de Banque et d’Investissements in Geneva in 1969, one of the first companies to recognize the potential of hedge funds for investors looking for ways to make money in both rising and falling markets.

The Path to Becoming a Millionaire Apparently Starts as Early as Age 25

Using a handful of hypothetical situations, J.P. Morgan makes note of the crucial difference between those who become millionaires before the final quarter of their life and those who merely suffer endlessly with just hundreds of thousands of dollars to k

SocGen to tie up two of oldest names in British banking

SocGen has agreed the deal with its French rival Oddo, which acquired the business as part of its €760m takeover of BHF Kleinwort Benson earlier this year.

Old Mutual Wealth acquires Singapore advisory business

Been working with AAM since 2009

Spiralling Old Mutual platform costs ‘last straw’ for global expansion plans

The firm’s latest results, published on Friday, revealed UK platform adjusted operating profits rose 74 per cent year-on-year, from £19m in 2014 to £33m this year.

Standard Life aquires IFA

Spiralling costs prompt sale

Wealth and the Elusive 'C' Word

In February of this year, FINRA (the Financial Industry Regulatory Authority) sent a letter to a number of broker-dealers.

Credit Suisse Says It Plans to Cut 163 Workers in New York State

The company said last month that it accelerated plans to cut 4,000 jobs.

Private bank giant buys majority stake in wealth manager

The remaining stake will continue to be held by the firm’s executive partners.

How London’s booming ‘butler class’ takes care of the wealthy elite

The capital is home to 1,000 ‘family offices’, made up of lawyers and financiers who service every need of the super-rich

Old Mutual to cut share in Nedbank to minority

Johnson said the exact mechanism to achieve any reduction in Old Mutual’s shareholding in Nedbank Group was yet to be finally determined.

Wealth and Asset Management