09/14/2016
City National sells off salvaged remains of Convergent Wealth Advisors
After a trifecta of traumas, Mark Hurley steps in to fund and help construct deal with Pathstone and PagnatoKarp
Wealth and Asset Management
09/14/2016
Polin wants to boost Sanlam adviser numbers
Having restructured the company into one brand he said Sanlam would be launching a new proposition next month.
09/14/2016
$124 million payday for Wells Fargo exec who led fake accounts unit
The disturbing practices took place under the leadership of Tolstedt, who headed the community banking division of Wells Fargo for at least nine years.
09/13/2016
European Wealth buys £17m-strong asset manager
The acquisition will add a third fund to European Wealth's in-house range and broaden the equity investment styles it has available, ahead of the launch of an institutional equity service planned later this year.
09/13/2016
Vontobel Opens Digital Platform to All Private-Banking Clients
With the opening of the platform to other users, new functionalities have also been added.
09/13/2016
Former UBS Managers launch new wealth management firm
The services offered by the two range from the analysis of customer assets through the support of philanthropic projects and targeted fundraising for investment projects.
09/13/2016
Investec courts the art and design worlds with PAD sponsorship
Investec will be known as a sponsor for its association with sport - English Test Cricket, the Derby, and Women’s hockey
09/13/2016
Banking and wealth inseparable: NAB
The creation of $70 billion retail super fund MLC Super is the culmination of a new strategy at NAB to reorganise itself around the customer.
09/13/2016
Swiss Supreme Court rules bank data can be sent to Dutch
The purpose of the double taxation agreement is to ensure a broad information exchange without encouraging "fishing expeditions"
09/13/2016
Stifel to Enhance Global Wealth Management & Public Finance Businesses With Acquisition of City Financial Corporation
Terms of the transaction were not disclosed. Closing is expected in the first quarter of 2017.
09/13/2016
Driving a transition towards proper advice
As a result, Lim says the industry needs to offer more of a holistic, total wealth advisory approach over the longer term.
09/13/2016
Striving to ease the compliance burden
Biggest need for risk and compliance solutions in Asia remains education
09/13/2016
Morgan Stanley Brokers, with $2.2 Billion in Assets, Depart
Departure is latest example of finance veterans leaving traditional brokers for independent investment-advisory firms
09/12/2016
I swipe, I click, I press and I pay....
As more and more guests arrived, it became clear that Pennies is definitely gaining a new and powerful momentum. For any new potential converts to Pennies, this fintech charity has in recent years digitized the traditional charity box in order to fit in w
09/12/2016
Asset managers face pressure over bonuses
Ability of fund houses to police pay in other sectors in doubt if pay in own industry is high
09/12/2016
Private banks ramp up tactics to attract China’s newly rich
Global banks vie for region’s rapidly growing private wealth
09/12/2016
Pictet to debut first Hong Kong-domiciled fund
The fund aims to deliver growth and income with downside protection
09/12/2016
Asset managers face pressure over bonuses
The share prices of the same fund companies, on average, fell 10 per cent last year.
09/12/2016
Major bank’s private banking arm to downgrade some lawyer clients
With the bar raised much higher, legal professionals lower down the food chain—such as lower level associates—would be effectively snubbed.
09/12/2016
Barings reborn in $275 billion merger
The merger sees Barings become one of the world’s biggest asset managers with more than $275 billion in assets under management.