Managers of Wealth

Asia has suddenly lost 62 private bankers. This is how it happened

During both these years the industry’s main players added a combined 300 new private bankers to their ranks.

Swiss MP defends Panama Papers rich

Switzerland's Finance Minister Ueli Maurer has gone into bat for rich people who set up offshore companies, saying they already pay a lot of tax.

Brooks Macdonald to rebrand from next week

“We currently have six underlying businesses and we will still have six underlying businesses, but each of them is currently branded separately,” he said.es are part of the same group.

Barclays to sell Asia wealth division to OCBC

While an attractive business with strong growth potential, this Barclays WIM business, serving high net worth and ultra high net worth clients in Singapore and Hong Kong, was confirmed as no longer central to Barclays’ strategy and became part of Ba

Bedell Trust announces management buyout

This partnership is based on the shared vision of building a business for the long-term, as rooted in Bedell Trust's DNA.

Private banks' robotic evolution

They now see private banking as their next hunting ground.

Asia Private-Bank Assets Fall for First Time Since at Least 2013

Banks see private banking as a revenue booster because the number of rich people in Asia is rising as economic growth outpaces that of the rest of the world.

NAB announces next generation business model for high net worth market

Under the new model, NAB Private will become a pure private banking proposition for HNW clients, offering specialised services such as, structured finance.

Norris takes full ownership of Argonaut; Polin made chair; Russ and Income funds move to Liontrust

As a result, Liontrust will acquire Argonaut's £169m European Income and £131m Enhanced Income funds, with manager Oliver Russ moving to the group.

Tax Havens, from Ancient Rome to Modern Panama

The Expansion of the Welfare State Has Coincided With the Rise of Tax Havens, Which Wouldn't Come as a Surprise to the Romans

Credit Suisse boosts local operation as investors turn bullish on Australia

Credit Suisse lured two bankers from UBS at the end of last year, Michael Stock who is head of investment banking and capital markets, and Simon Cox.

Private Banking: An Untapped Money Machine

Moreover, wealth management delivered through the private banking division of banks is also very viable for middle-market commercial clients, as well as an array of other types of banking clients.

HSBC to roll out simplified advice to investors with £15k

The move comes as banks prepare to return to the advice market after scrapping services following a series of hefty fines issued several years ago.

Schroders under scrutiny over link with CPP founder

Schroders, which owns a 10 per cent stake in CPP, wrote to its board last month requesting the removal of four directors

UBS: Young wealthy people seek social investments

Part of this is a growing trend among wealthier investors is to find investments that involve social impact.

Creative Planning Joins Forces with Tony Robbins, Gupta Wealth Management

Number-One Ranked Independent Financial Advisor Aligns with America's #1 Life & Business Strategist and $1 Billion RIA

Beware the overseas bandits of wealth management

This transparency forces them to be clear about their services and justify the value they provide.

JM Finn head of research Geordie Kidston dies

Prior to joining JM Finn he worked at Mercury Asset Management before founding Ruffer Investment Management.

New Trust Firm Opens in Hong Kong

Prior to joining Zedra, John Ashwood was the founding Managing Director of trust, fiduciary, fund and corporate services firm Vistra Hong Kong.

Amid 1MDB probes, BSI suffers exits in Singapore and dispute over liability

Recent departures from BSI Bank Singapore have included the unit's head of compliance and an executive in its wealth management unit

Wealth and Asset Management