10/31/2016
Fosun acquisition opens up new markets for Luxembourg private bank
Chinese investment in Europe is in the spotlight at the moment.
Wealth and Asset Management
10/31/2016
Private bank with 1MDB links braces for sanctions
London-based Coutts said the client accounts are the subject of Swiss Financial Market Supervisory Authority.
10/31/2016
ANZ to sell Asian retail, wealth businesses
ANZ has entered an agreement with DBS Bank to acquire ANZ's asian branch networks
10/31/2016
Credit Suisse: eastern targets
In London, morale is low after thousands of job cuts.
10/31/2016
Singapore's DBS pounces on ANZ assets to extend Asia private banking push
The businesses in Singapore, Hong Kong, China, Taiwan and Indonesia, will be sold for around S$110 million ($80 million), in a deal that underscores how smaller players in private banking are being squeezed out due to lack of scale.=u=[;6-----------------
10/31/2016
Credit Suisse wants to be big fish in industry again
Credit Suisse Group AG is looking to grow its global asset management business
10/31/2016
Vontobel's Private Bank in Asia is Profitable
The operating chief of Vontobel’s private bank has revealed that business with wealthy clients is profitable in Asia.
10/31/2016
Valartis Group says Valartis Finance Holding's recovery successfully concluded
After closing of the sale's transaction for the Liechtenstein banking group on 20 September 2016,all outstanding liabilities have now been settled, and the company is fully recovered and free of debt.
10/28/2016
Northern Trust Named Best Private Bank in U.S.
Financial Times Group also awards Northern Trust with Best Technology Initiative and highly commends Global Family Office and Ultra-High-Net Worth Capabilities
10/28/2016
Concert wealth Management Inc. sold shares of Novagold Resources Inc.
Several other hedge funds have also added to or reduced their stakes in NG.
10/28/2016
Taxman Pins Hope On Direct Tax Dispute Resolution Scheme To Garner Revenue
Any applicant whose evaluations of the merits of the dispute are not sustainable will find the Direct Tax Dispute Resolution Scheme attractive
10/28/2016
RBC celebrated as leading North American wealth manager with two industry award wins
The Private Banker International Global Wealth Awards recognize industry-leading wealth management firms.
10/28/2016
The Bleak Realities of Private Banking According to an Industry Insider
Top shots, including UBS wealth management boss Juerg Zeltner and Yves Mirabaud have aired their disquiet and pessimism
10/28/2016
UBS profits rise despite 'risk averse' clients
In the third quarter of 2016, expenses for provisions for litigation, regulatory and similar matters were CHF 419 million, including CHF 408 million in Non-core and Legacy Portfolio.
10/28/2016
UBS faces Hong Kong regulatory action over initial share sales
The bank could be suspended from providing corporate finance advisory services for a period
10/28/2016
Pictet Banks on London as Finance Hub
Pictet increased its asset management staff for private clients by a third to 33 over the past months.
10/28/2016
Luxury brands chase mass-market giants in the online service revolution
New developments are raising service levels across e-commerce platforms
10/28/2016
Brooks Macdonald to launch long income Reit
The Brooks Macdonald Long Income real estate investment trust
10/28/2016
Risk And Chinese Wealth Management Products
Product-level database on Chinese bank-issued WMPs including data on issuer bank, expected yield, invested asset class, principle protection, and maturity.
10/27/2016
Robust Growth for Bank of Singapore
Bank of Singapore’s AUM as at 30 September 2016 was $62 billion, up 20 percent from $52 billion a year ago.