Managers of Wealth

UBS: D-Day for Private Banking

The bank wanted to streamline several back office units.

Swiss bank ramping up wealth business in Asia

Demand for wealth management services is growing in Asia with the rise of the upper class.

Brexit: how wealth managers are advising their clients

Some are urging caution while others are favouring the FTSE

Vistra Group acquires Ujwal to further expand its footprint in India

The majority of Ujwal’s clients are Indian subsidiaries of foreign multinationals, predominantly in the information technology sector.

Elian Scoops ‘Brand of the Year’ at Citywealth Awards

The inaugural awards, which were held at the Grange St. Paul’s Hotel in London on 21st June, were created to recognise best practice within business services.

Andbank España Lift Best Private Bank Spain 2016 Award

This is despite the bank having started only four years ago. CEO Carlos Aso acknowledged the company had been operating in what could conceivably be termed a 'difficult' sector in recent years.

Rich Swiss bank clients seek refuge from negative rates

These high-net-worth clients are defined by Capgemini as individuals with $1 million-plus to invest.

JBWere cuts adviser commission rates

Nab's wealth management business JBWere has announced changes to its remuneration structure, which include cutting adviser commission rates in an effort to support a growth plan.

Opportunity for debt structuring through Mauritius

Following the above amendment, debt structuring through Mauritius is likely to become an attractive proposition for foreign investors seeking to invest in India.

Quilter Cheviot Is Preferred DFM For Advisers ... Thank You

We are delighted to have been chosen as the financial advisor community’s most preferred discretionary fund manager.

Advisors Asset Management Expands Strategic Partnership with Rothschild Asset Management

Rothschild will continue to serve as investment manager for the two large-cap strategies

Vistra News Bulletin - June 2016

We also look at the new tax treaties which three of our jurisdictions, Mauritius, Cyprus, and India, have been involved in.

Asia’s Banks Take Stand on Impact Investing

A new fund from Credit Suisse and UOB seeks to help Asia’s poor and deliver healthy returns.

Societe Generale Private Banking announces the winners of the 2016 “Campden European Families In Business Awards

Societe Generale Private Banking accompanies many of Europe’s leading family businesses through key moments in their personal and professional careers

Private wealth creation in US slowing down

The average Australian is now significantly wealthier than the average US citizen, according to a report

European Wealth reports loss of £1m

The business blamed costs associated with the three acquisitions it made last year plus lower than expected trading volumes.

Credit Suisse Geneva Banker Said to Send Client Funds to Wife

A second transfer of $2 million was made three years later into the account of a Dubai firm that he controlled, the people said.

Royal Bank of Canada Looks to Expand Organically in U.S.

The deal has opened up significant opportunities for Royal Bank of Canada to augment its top line by leveraging on City National’s high net worth and commercial clients’ network as well as expanding its franchise in the U.S.

Mattioli launches business property inheritance tax service

Business property relief is one of the principle carve-outs in inheritance tax, reducing the recognised value of certain transfers by either 50% or 100%.

Credit Suisse’s Thiam Fights Hedge Funds Assumptions

Credit Suisse shares have lost about 42 percent this year, touching the lowest since at least 1989 on June 16, data compiled by «Bloomberg» show.

Wealth and Asset Management