04/07/2017
UBS Germany: Waiting for Break Even
UBS Germany at the end of 2015 was very close to reaching the point of break even.
Wealth and Asset Management
04/07/2017
4 elements M&A buyers want in a wealth management deal
These candidates get a clear and well-articulated investment process that works for their clients and allows them to focus on client acquisition and service.
04/07/2017
Eyeing Eastern opportunities
It aims for the region to make up to 30% of its total AUM over the long run.
04/07/2017
JPMorgan Could Lose This 125-Year-Old Revenue Stream
JPMorgan’s leading deal role shows once again the value of relationships on Wall Street in this case, really old relationships.
04/07/2017
Millennials look to boost risk on investments, increase deal flow
Equally, one-third would increase their allocations to impact investments.
04/06/2017
The world’s rich will still flock to London
Given the parlous state of most European banks, they would be well advised to do so.
04/06/2017
Praemium details former chief executive's sacking
It became clear from the outset that Ohanessian was not willing to make the changes in his behaviour necessary to effect this improvement
04/06/2017
Hong Kong pilots new apprenticeship scheme for private banking
It comprises two rounds of paid summer apprenticeships with a host private wealth management institution, leading to a potential job offer with that firm after graduation.
04/06/2017
SunTrust Private Wealth Management Expands Business Into Houston and Dallas
In addition to Dixon, seven other wealth management professionals have joined SunTrust Private Wealth Management in Texas.
04/06/2017
Wealthy Thai buyers to raid London market
That trend will continue this year.
04/06/2017
Focus Financial boosts UHNW reach, adds a $2.7B multifamily office
The transaction is New York-based Focus’ second acquisition this year.
04/06/2017
StanChart launches industry-first digital wealth advisory tool
RMs can now advise clients more quickly and effectively based on an aggregation of the bank’s investment expertise, further supported by Thomson Reuters news and financial analysis.
04/06/2017
Knight Frank Global Head
The personal safety of people in positions of wealth is increasingly being targeted as inequality grows.
04/06/2017
UBS loses another Puerto Rico case as client payouts top $200M
The most recent case resembles many others tracked by the consulting firm.
04/06/2017
Successful completion of Amundi's €1.4 billion rights offering in connection with its planned acquisition of Pioneer Investments
The completion of the acquisition is expected to take place by the end of the second quarter of 2017 in accordance with the projected acquisition timeline.
04/06/2017
Standard Chartered announces Private Banking Academy in partnership with Fitch Learning and INSEAD
Launching in May 2017, the programme is mandatory for all front-line employees and will include a rigorous assessment process that leads to certification.
04/06/2017
Barclays offers redress for unsuitable financial advice
Barclays Wealth & Investment Management offers clients redress after reviewing investment products sold between 2005 and 2011.
04/06/2017
Old Mutual puts China insurance joint venture stake on block
The restrictive ownership limit and the tough competition from local firms
04/06/2017
Old Mutual Wealth adds £230m with Shropshire IFA acquisition
The firm's three advisers and additional support staff will join the restricted national, with Infiniti managing director Kevin Speake taking on the role of regional director.
04/05/2017
How To Close The Confidence Gap In Wealth Management
In 2015, Penta co-founded the Center for Women & Wealth at Brown Brothers Harriman to provide women like her mother with the support and tools necessary to make the right financial decisions for themselves and their families.