11/19/2015
Asia's Wealthy Turn to Aussie as Local Currencies Wilt, UBS Says
As an alternative to the local currencies in the region, it’s not too bad to consider the Aussie.
Wealth and Asset Management
11/19/2015
GAM launches new brand identity
GAM adopts a new brand design, expressing the common purpose of all of its teams around the world: advancing the potential of capital.
11/19/2015
Private bankers in Asia crumbling as revenue pressures rise
The region boasts more millionaires than any other and their wealth in growing rapidly every year. Global banks are fighting for a piece of the action and poaching talent from each other – life as a private banker in Asia should be a fairly easy rid
11/19/2015
Largest bank in Denmark establishes new Wealth Management unit
The decision to establish the new unit is a result of our ongoing business review.
11/19/2015
Zarin Daruwala faces multiple challenges in her new role as CEO of StanChart India
Daruwala's forte is corporate banking.
11/19/2015
Credit Suisse investors back cash calls for restructuring
A 1.32 billion franc private placement won nearly 95 percent support at the meeting
11/18/2015
Credit Suisse's Thiam to face feisty retail investors
There are no signs that shareholders will reject the cash call.
11/18/2015
Geneva free port to tighten up checks
This follows a critical 2014 federal report, which highlighted the possible risks of trade-free zones to Switzerland’s reputation.
11/18/2015
Top 100 Financial Advisers revealed
At first glance, little has changed at the top of the list, with St James’s Place and Hargreaves Lansdown occupying first and second positions respectively.
11/18/2015
Banque Heritage to take on client assets from wealth manager
Consultancy KPMG has estimated the number of Swiss private banks will fall to fewer than 100 in the next three years from around 130 now.
11/18/2015
Wealth-X and Camper & Nicholsons Form Knowledge Partnership for Global Insight on Wealth and Superyachts
Wealth-X and Camper & Nicholsons today announced a knowledge partnership that will result in a first-of-its-kind report on the world’s ultra wealthy and the luxury yachting sector.
11/18/2015
Wells Fargo Sees ‘Feeding Frenzy’ for Credit Suisse Bankers
Wells Fargo reached an agreement last month with Credit Suisse giving it the inside track on recruiting the Zurich-based company’s private-bank employees as the firm retreats from managing wealth for U.S. clients.
11/18/2015
Minister’S ‘Trepidation’ Over Financial Service
A Cabinet Minister yesterday admitted to “trepidation” over whether the Bahamas’ service levels could match the promises and content of a recent financial services promotional tour.
11/18/2015
Start-up numbers rise 7% across Scotland
The number of new businesses starting up in Scotland grew by 7 per cent in the year to March, according to new research.
11/17/2015
Maybank expands private wealth biz
He also noted that the new private wealth centre came about after the rapid growth of its affluent client segment that was served by its premier wealth centres; the new centre is to meet the discerning financial requirements of this market segment.
11/17/2015
UBS Agrees to Buy Italy Private Wealth division
The deal is set to close in the first four months of 2016 pending regulatory approval, UBS said in a statement on Tuesday.
11/17/2015
Vote for Appleby – Citywealth Awards 2016
Online voting for the Citywealth Awards 2016 is now open and I am pleased to announce that Appleby has been shortlisted in three categories
11/17/2015
Ultra-high net worth individuals moving towards impact investing: Credit Suisse
In impact investing, the ultra-high net worth individuals would place capital in enterprises that generate a positive social or environmental impact.
11/17/2015
Clarien beefs up private banking team
Clarien Bank has expanded its private banking business and hired two new staff.
11/16/2015
Julius Baer Agrees to Raise Stake in Kairos to 80%
Kairos assets under management almost doubled since 2013