Managers of Wealth

Goldman Sachs is looking to close its Geneva branch

A consultation period on the closure of the Geneva office, which has 18 employees, is expected to be completed towards the end of the third quarter.

Smith & Williamson man kills himself after affair

He worked for London-based investment bankers Smith & Williamson.

Odier Without Lombard – Tale of Two Families

Lombard Odier, the Geneva-based private bank, has dropped Lombard from its name – at least in strictly legal terms, research by finews.ch showed. But has the Lombard family as such given up on the bank?

J. Safra Sarasin aquires two highly regarded private banking entities

Both acquisitions are expected to be completed during 2016, subject to regulatory approval.

Suspended Goldman banker still hat-tipping Donald Trump

Mr Thorburn, an associate in Goldman's wealth management unit, failed to disclose the original online business venture to the investment bank.

Private bankers out to lure wealthy expats

Squeezed by narrowing interest margins accompanying an all-time low benchmark interest rate, Korean lenders are expanding their expat services to those stretching beyond remittance or foreign exchange.

Credit Suisse plans to continue expanding its business in mainland China

Despite slowing economies in China and rest of Asia, Swiss lender continues hiring to support expansion of private and investment banking across the region

UBS Bank China to Focus on New Family Needs as it Opens Branch in Shanghai

It was noted that in the past, families were more concerned of growing their wealth, but this notion changed during the past few years.

UBS's Big Bonus Payout May Create Cost Troubles Later

There have been lean times in the past -- UBS has cut 10,000 jobs in the last three years and this is only the second annual increase to overall bonus payouts since 2010. Some reward is justified.

J.P. Morgan Chase & Co. is making its private bank even more private

J.P. Morgan Culls Wealthy Herd

Tavistock Investment acquires regional IFA

Independent financial advisory business headquartered in Hereford, with 45 predominantly selfemployed financial advisers covering the North East, the Midlands and the South West of the country.

Credit Suisse expands digital private banking platform

It has also made the digital platform available across multiple devices including the iPhone and web browsers, while adding new functionalities and features.

China Exclusive: Standard Chartered banking on China's prospects for own turnaround

China has been a silver lining for Standard Chartered, which reported its first loss since 1989 amid rising bad loans, tumbling commodities prices and weakening currencies across emerging markets.

Private bankers and roboadvisers face off

Now these hungry fintech firms have private banking in their crosshairs.

Conflicts in spotlight at wealth giants

Mr Medcraft also rejected as "ridiculous" the complaints of some business leaders that ASIC was overstepping the mark in its crackdown on misconduct in the industry.

Aberdeen falls out of top-10 list of fund brands

The Scottish investment manager was voted the 13th most popular fund management brand in Europe.

UK wealth managers back in focus for overseas buyers

Demand for wealth management services has been driven by rising house prices; the new pension freedom rules, which allow people easier access to their long-term savings; and a thriving entrepreneurial culture.

Private Banking, Wealth Management, And Profitability

In a survey of 98 private banks where the minimum account size was $500,000 in investable assets

DBS seen as frontrunner for Barclays' HK, Singapore wealth units

Singapore's banks have been expanding in wealth management, picking up assets sold by some Western banks as they retreat to focus on their own markets.

Private Banking, Wealth Management And Profitability

Private banking departments have traditionally delivered banking, credit, trust, and investment services to affluent clients.

Wealth and Asset Management