Managers of Wealth

Credit Suisse Targets Rich Thais to Meet Wealth Goal

The bank is being lured by the pool of wealth held by the nation’s rich -- estimated at $456 billion in a 2015 report by Cap Gemini and RBC Wealth Management

Credit Suisse Targets Rich Thais to Meet Wealth Goal

Led by Chief Executive Officer Tidjane Thiam, Credit Suisse is seeking to double pretax income and client assets under management in the Asia Pacific by 2018.

Competitors using recent PB acquisitions to lure front line talent

Hiring one relationship manager after another is too slow in an environment where private banks are already spread so thin

What has Wealth Management got to do with Dominos Pizza? by Scorpio Partnership

With USD30 trillion of HNW assets expected to pass from the older generation by 2050, the wealth industry could be about to witness one of the greatest wealth transfers of all time.

Brown Brothers Harriman expands trust services in Hong Kong

The potential inclusion of ETFs in Stock Connect, a cross-border initiative launched in 2014 that links the Hong Kong and Shanghai stock exchanges

UBS Americas Wealth Unit Partners With Robo-Advisor

The firms will form a research lab to collaborate on new wealth management tools as part of the venture, UBS said in a press release.

Wealthy Clients Demand More Digital Services From Advisors

Firms have much catching up to do to retain clients and wealth managers

Schroders to Add Brookfield Credit Team Managing $4 Billion

The unit will join with Schroders’ ABS team in New York, and the combined group will oversee more than $8 billion, according to a statement from the company that didn’t disclose terms.

BOS aims for $137b in assets by 2020

The private bank has about 300 relationship managers

ICBC to drop comprehensive wealth management business

The financial income will be used to deduct his loan interest, according to a Beijing Youth Daily report.

Business booms for wealth managers

Award caps anniversary for firm

UK M&A boom: the top targets in Rothschild AM's new fund

The fund, which follows the same investment philosophy as the Europe Synergy fund the pair already co-manage, is around 95% invested in potential takeover targets.

‘Flighty’ millennials keen to switch out of funds

Research into generation Y has already shown that asset and wealth managers will have their work cut out to convince this new breed of investor to part with its money in the same way their parents and grandparents did.

The Experience Factor: The New Growth Engine In Wealth Management

So, how should wealth managers prepare to weather the storm and grow through this period of rapid change?

Swiss private bank awarded Best Private Bank in MENA region

The ceremony was held on May 12th at the Jumeirah Emirates Towers in Dubai with over 400 bankers and bank CEOs attending the event.

Credit Suisse opens pockets to super-rich seeking loans

The Swiss bank is betting that it can attract wealthy customers by offering individual clients loans in the hundreds of millions of dollars

Bank of Singapore Sees Asia Rich Shift to Paying Fees for Advice

Bank of Singapore is the private banking unit of Oversea-Chinese Banking Corp., Southeast Asia’s second-largest lender by assets.

Bank love affair with wealth management waning

This was not so much the case when 1HY16 results were announced, as the effects of a rebalancing economy produced what some have labelled as disappointing results to shareholders.

Barclays to sell bullion vault to China's ICBC

The contract is expected to complete in July, ICBC said, subject to various approvals.

UBS seeks savings in wealth management empires

Two of the world’s biggest wealth managers look to achieve synergies and share services

Wealth and Asset Management