Managers of Wealth

Morgan Stanley’s Cross-Selling Rescues Wealth Unit

Net revenues in the bank’s wealth division slipped to $3.8 billion in the second quarter this year, compared to $3.9 billion a year ago, according to the report.

Guernsey uses brexit to woo families to Channel Island

The moves are expected to benefit the British Crown Dependency by about £200,000 each year from tax take and document duty.

Swiss Bank Growing Their Own Human Capital

Such was the desperation to snatch the rare resource of experienced wealth managers that banks and bankers ended up in court in an effort to stop the widespread poaching of each others star rainmakers.

WH Ireland swings to H1 pretax loss

When fully implemented, provide a significantly enhanced service for our clients.

Safest countries in the world for women in 2016

For wealthy people, in particular, woman safety is a major factor in their decision to move to another country or community.

Standard Chartered and UBS assets seized in Singapore fraud case after ‘control failings’

More than $3.5 billion was misappropriated and about $1 billion laundered through the US, the US Justice Department said as it launched what could be its biggest ever seizure of ill-gotten gains

Banks Abandon The Caribbean, Local Bitcoin Exchange Experiences 33% Increase In Users Every Month Since February

In the Caribbean, where many small countries with poorer populations reside close to each other, the problem is getting so bad that local businesses regularly have a hard time receiving remittances and paying suppliers outside of their own country

BNY Mellon Q2 Profit Tops Estimates, Revenues Miss

Earnings per common share up 3%, or down 1% on an adjusted basis year-over-year

Wealth management startup seeks to expand out of Hong Kong with $4m series A

Startups like Singapore’s Mesitis and Australia’s StockSpot, which use technology to offer investmenet advice and wealth planning, are targeting the financial hubs of Hong Kong and Singapore.

Raymond James Tops Estimates

The Capital Markets segment also experienced positive growth in revenues, bolstered by robust client activity levels in the Fixed Income division.

UK should apply brakes on further tax reform, OMW says

Just 5% of respondents said client would be put off saving extra if a 33% rate was introduced – making it the most “palatable” option, said OMW.

Charles Stanley reports second quarter revenue hit

This restructuring played a part in the 12.5% dip in overall revenues, the firm reported.

Industry calls for 'period of stability' for pension savers

The new pensions minister inherit a vast in-tray of reforms that are either under consideration or need to be given the green light.

Old Mutual Wealth wary of robo-advice cost

We have to decide on our priorities and if you really want to get ahead in technology you are talking about many millions.

Wealth management must embrace tech

Old school advisory services can’t compete without integrating digitization, says client/provider survey

London Could Benefit From Brexit, Luxembourg’s Finance Minister Says

Pierre Gramegna says freedom on financial rules may compensate for reduced access to EU markets

Failure of Swiss Bank Deal Leads to Finger-Pointing and Confusion

Acrimony continues after Mexican entrepreneur’s attempt to purchase private bank

Union Bank's Head of Wealth Group Takes Team Approach To Grow Business

Ever since Michael Feldman took over the Wealth Markets Group in June of 2015, he has reached out to other areas of the bank to coordinate how best to mutually drive business.

Online wealth management platform rebrands

WEALTHMANAGER.COM is officially rebranding its Asian operations as simply “Wealth”.

Asia's Wealthy Should Look Towards Lifestyle Preservation

Respondents to a survey conducted by UBS Investor Watch, a quarterly publication that focuses on investor sentiment and behaviour, reveals that large numbers continue to make inadequate provision for lifestyle preservation in retirement.

Wealth and Asset Management