Managers of Wealth

Spin-off of UBS’s wealth management business, Crestone, suffers another delay

It’s the third time the Swiss bank has been forced to tweak the exit schedule.

Schmoozing The Inner Circles Of The Super-Rich

Digital Forum, which launched the Family Office Association earlier this month, is one such group, offering investment professionals who work with family offices the opportunity to e-schmooze with peers

It is going from bad to worse for Credit Suisse

That wealth manager, who can't be named under Swiss law, now faces up to 10 years in jail for fraud

Citi's big bet on Asian cities

Thailand has a leadership role to play in the AEC, and is an important market for us in Asean, attracting significant investment and trade flows from our global clients.

Raymond James CEO: Over 90% of Alex. Brown Reps Retained

The news concerns the firm's purchase of Deutsche Bank's wealth unit, which includes some 200 advisors

Here’s why wealth management is all the rage for Singapore’s banks

Especially in a time of loan growth turmoil.

Warmond acquires Julius Baer’s private wealth management biz

Warmond had launched the pioneering online will-writing called EzeeWill in collaboration with NSDL in late 2014, setting a new trend in the segment.

Credit Suisse to invest over $1b in Asia-Pacific over next 3 years

This comes at a time when most other banks are downsizing their investment banks.

Assetbox solution for Swiss wealth managers

Assetbox helps new managers become regulated by providing the most efficient path

200m mandate awarded to Lombard Odier by Multi-Family Office

The mandate, for an established international family, is valued at €200m and includes institutional asset managemenThe mandate, for an established international family, is valued at €200m and includes institutional asset management

Novia partners with DFMs on new investment portal

Novia Global launched in October 2015 providing a transparent wealth management service facilitating access to a diverse universe of assets and currencies.

Forbes Africa to Launch Global TV Platform

This year marks yet another milestone in the life of the publication which is the number 1 monthly read magazine amongst Africa's Affluent according to the Ipsos EMS Survey.

Barnett eyes Old Mutual Wealth spinout

A public offering is likely should the business, which includes fund arm Old Mutual Global Investors, discretionary manager Quilter Cheviot and adviser network Intrinsic, not attract an individual buyer.

Guernsey private wealth news

Headlines

Credit Suisse Ramps Up Restructuring as Trading Revenue Slumps

Swiss bank is trimming investment banking further and increasing cost cuts

UBS and Credit Suisse launch fintech accelerator

The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience.

Despite Crackdown by Beijing, Chinese Wealth Keeps Flowing Abroad

Although concern over China's financial system remains a powerful market narrative, there are many reasons Chinese companies and individuals might choose to cash out.

Julius Baer splits negative rates between bank, clients and advisers - NZZ

Swiss private bank Julius Baer has taken a "commercial approach" to negative interest rates, Chief Executive Boris Collardi told a Swiss newspaper, splitting costs between the bank, its customers and the employees who advise them.

U.S. wealth managers grit teeth and prepare for Labor rule

Some advisers are even job hunting, worried that the rule's impending introduction could slash their compensation.

Atlantic Trust receives national recognition at 2016 Family Wealth Report Awards

The award recognizes an individual working in the private client world.

Wealth and Asset Management