03/03/2016
Deutsche Bank WM reshuffles senior management in Asia
Sudhir Nemali is the German lender’s new Asia COO, based in Singapore.
Wealth and Asset Management
03/03/2016
Vanguard and 7IM to launch D2C platforms
The direct-to-consumer sector is set to take centre stage as Seven Investment Management 7IM and Vanguard Asset Management both enter this space in the coming months.
03/03/2016
UBS’s French Business Faces Inquiry Into Possible Witness Tampering
The judges are in the process of determining whether to send that case to trial.
03/02/2016
PAM AWARDS 2016: Ascent Private Capital Management of U.S. Bank Wins Best in Private Banking Award
The award was accepted by Ascent Head of Private Banking Mark Foster at the PAM Awards ceremony in New York City on Feb. 22. Ascent has received a total of four awards from PAM since 2014.
03/02/2016
BoA: China’s Wealth Management Products Pose Systematic Risk
In 2014, the balance of WMPs grew from 10.2 trillion yuan to 15 trillion yuan, up 47.25% year-on-year.
03/02/2016
Morgan Stanley to Hire 75 in Push for Latin American Wealthy
The new hires would bring to 435 the number of people Morgan Stanley has helping foreigners with their U.S. investments
03/02/2016
BOK Financial Closes on Weaver Wealth Management Transaction
The deal is anticipated to increase BOK Financial’s assets under management and administration by approximately $320 million and expands the company’s wealth management reach in Texas.
03/02/2016
PAM AWARDS 2016: Tiedemann Wealth Management Wins Award for Best Trust and Estates Division
The PAM Awards recognize and reward those who have provided exceptional advice and service to wealthy families in an increasingly complex economic environment.
03/02/2016
Wealth management fees hit 5-year high in Singapore
Wealth management fees more than doubled between 2010 and 2015 at Singapore’s three banks, as Asia Pacific surpassed North America as home to the largest number of high net worth individuals.
03/02/2016
PAM AWARDS 2016: Cantor & Webb Named U.S. Private Client Law Firm of the Year
The black-tie event was attended by hundreds of private wealth executives and celebrated those who have provided exceptional client service to the private asset management industry over the past 12 months.
03/02/2016
Staff engagement puts Nedbank Private Wealth in Top 100
Our company aim is to serve our clients better than any other financial services organisation and we appreciate that employee engagement is crucial to achieving this.
03/02/2016
ANZ considered IPO for wealth management unit; sources
It was also determined that a sale would not have a big enough impact on ANZ's capital position to make it worthwhile.
03/02/2016
UBS considers acquisitions to expand wealth management in Europe
UBS, the world's biggest private bank, sees growth potential in Europe because the wealth management market is still very fragmented with the biggest banks
03/02/2016
Key Private Bank Awarded 'Best Private Wealth Manager Client Service' From Private Asset Management
Key Private Bank's mission is to deliver proactive and personalized expertise and advice by combining local market insight
03/01/2016
Two EFG Shareholders Are Said to Favor Acquisition of BSI
Swiss private banks are consolidating as regulation, tax probes and difficulties generating revenue squeeze margins.
03/01/2016
Smith & Williamson’s income continues upward trend
Firm proceeds with its programme of planned investment in the business
03/01/2016
Singapore banks saw income from wealth management nearly triple in last 5 years
Among the three banks, DBS registered the highest fee and commission income from its wealth management services of S$599 million, and the largest year-on-year percentage gain both for the December quarter as well as the full year.
03/01/2016
Telling the good from bad in wealth management
Due diligence efforts, aided by sophisticated software, are growing at Swiss banks.
03/01/2016
Insurance firm buys HNW specialist firm
Their investment in technology and efficient operating structures will enable us to gain wider and improved market and broker access for our bespoke products.
03/01/2016
Banque Havilland acquires Banco Popolare Luxembourg
. Under the agreements , Banco Popolare Luxembourg has distributed reserves and repayment of equity to the shareholder Banco Popolare for a total amount of 52 million .