12/24/2015
Swiss banks don’t want to deal with dirty money.
Switzerland changed its strategy just in time to actively participate in drafting the international standard for the exchange
12/24/2015
Best of 2015: Wealth Management in an Extreme World
We can focus on the myriad challenges facing the business of private wealth management
12/24/2015
'Unhelpful' advice labels should be reviewed - OMW
Old Mutual calls for the UK government to find ways to decrease the wealth management industry’s regulatory burden, in response to the Financial Advice Market Review.
12/24/2015
Top UK trust in last 25 years changes manager and cuts fees
The appointment of ICG as manager is an exciting new development for Graphite Enterprise which builds on our highly successful relationship with them for more than 25 years.
12/24/2015
What asset managers can learn from digital disrupters
There is growing discontent with current incumbents, and this remains a key factor in why investors are eschewing traditional investment management routes.
12/24/2015
The Swiss Bank Program, which was announced on Aug. 29, 2013, provides a path for Swiss banks to resolve potential criminal liabilities in the United States.
12/24/2015
I am passionate about attracting more women to our industry
12/24/2015
Intertrust sells Cayman banking activities
The transaction will have no effect on Intertrust`s profitability going forward.
12/24/2015
The Future of Wealth Management
This is not to say that advisors should ignore the short term, but they’d be well served to pay more attention to where the industry is going long-term, or at least three to five years from now.
12/24/2015
There can be no assurances that any transaction will result from these matters and the Company intends to make no further announcements or comments regarding these matters unless the circumstances so warrant.
12/24/2015
Garvin, who oversees $2.5 billion (€2.34 billion) in assets, has his own long-term credentials – the Cape Town-based fund selector has been in the multi-management business for 19 years and has had a global remit for a decade.
12/23/2015
The funds will be used towards settlement, skills development, and employment readiness to assist in achieving successful social and economic integration.
12/22/2015
Credit Suisse Claims UBS Raided Staff
Roughly 70 of 300 brokers left for UBS in recent months
12/22/2015
Brewin's wealth head Ford focusing on growth
As Brewin Dolphin has become one of the biggest names in the UK wealth sector, Ford’s career has progressed in parallel.
12/22/2015
JPM wealth arms fined $307m over client disclosure failings
JP Morgan has admitted disclosure failures and will pay the SEC $267 million in penalties and disgorgement.
12/22/2015
All members of a team meeting the hurdles will individually receive payouts based on what the team’s highest producer receives, UBS says
12/22/2015
Chief Executive Officer Victor Dodig has sought to expand CIBC’s U.S. wealth-management business, earmarking as much as C$4 billion $2.87 billion as recently as October to pursue takeovers.
12/22/2015
Concurrently the rating agency has affirmed the bank's Baa3/P-3 deposit ratings and the Baa2 cr/P-2 cr long- and short-term Counterparty Risk Assessments; the outlook on the deposit ratings remains stable.
12/22/2015
The move comes amid mounting speculation that talks are continuing to privatise Crown Resorts.
12/21/2015
Rich clients for sale as HSBC appoints advisers to help it clean house
The move to reduce the private bank comes after Stuart Gulliver, chief executive of HSBC, unveiled plans in the summer to help simplify the global group and focus on core markets, including Asia.