06/08/2015
Private Banking in the Digital Era
The increasing role of technology in private banking has upset the old tried and trusted ways of doing business “Twenty years ago, only sophisticated financial intermediaries could afford powerful data tools.
06/08/2015
Credit Suisse’s de Ferrari driven by region's wealth
Credit Suisse’s Asia Pacific private banking head Francesco de Ferrari is looking to bulk up the firm’s assets under management in the region
06/08/2015
Rise of the trust fund kids who loaf, paint and write
James Merrill was born rich "whether I liked it or not"
06/08/2015
Swiss private bank bets on tie-ups to boost Asia growth
Magnenat projected double-digit growth in Asia
06/08/2015
As of May 31, 2015, Barclays had approximately 180 financial advisors in the U.S.
06/08/2015
Rethinking wealth management's regional race
All have been busy in recent months, acquiring businesses, recruiting staff, establishing regional footholds from scratch, and in some cases an amalgamation of all three.
06/08/2015
Smart Beta Critics “Supping on Thin Gruel”
The “futurewealthy”—those with an average net worth of $2.7 million today—prefer to work with a relationship manager
06/08/2015
The benefits from this favorable tailwind, recently confirmed by a huge $2.3 million insider purchase by a Sotheby’s director
06/08/2015
This is usually the case for all sorts of clients, but its even more fundamental when it comes to high-net-worth clients.
06/08/2015
BNP Paribas Investment Partners has announced the addition of three innovative Socially Responsible Investment (SRI) strategies to its Parvest range, investing in themes considered to be key future social, economic and environmental challenges.
06/07/2015
Beijing-based Da Lian Zeus Entertainment Company was the top bidder in an online auction of a steak lunch with Warren Buffett
06/07/2015
Riding a horse in the Derby comes with its own pressures but that’s nothing to being the latest member of the Weatherby family to run the 245-year company which bears your name
06/05/2015
Private Banker International has revealed the winners for the 2nd annual Private Banker International Awards: London 2015.
06/05/2015
Senior Credit Suisse executives said on Thursday the bank is putting together an acquisition and divestiture team that will initially be comprised of two or three members, and that is likely to be expanded in time.
06/05/2015
Many advisors shift their focus to keep high-net-worth clients happy but they can shift too far and lose their value in clients' eyes. They often forget that clients are looking for their unique services.
06/05/2015
The Bank of America-owned brokerage told its 14,000 brokers almost two years ago they would be paid less if they cut fees too aggressively on a new account the firm was introducing.
06/05/2015
The English Premier League will forego having a sponsor from 2016 on.
06/05/2015
The deal will see Sanlam invest in the network to build up the size of the business. The network currently has 330 advisers.
06/04/2015
For private banks, the extent of the damage suffered to the client relationship in the aftermath of the crisis often depended on how the bank handled a customer’s concerns -
06/04/2015
Africa’s richest man is Nigeria’s Aliko Dangote, who ranks 56th on a global rich list with a fortune of $15.7 billion, according to the Bloomberg Billionaires Index.