06/16/2015
Wealth Managers Should Go Digital to Tap $222 Trillion, BCG Says
The wealth management industry has arrived at an inflection point. While one group of players seems to be guarding the status quo, another group is seizing the moment.
Wealth and Asset Management
06/16/2015
Key Leadership Traits for Family Business Successors
Hard work and education can help strengthen these qualities in your clients
06/16/2015
Wealth transfer concerns dog shared-risk design
As an alternative defined benefit plan, a relative few sponsors have introduced a shared-risk design of variable or flexible benefits,
06/16/2015
Westpac trims stake in wealth manager
Westpac, one of Australia's big four banks, has announced it will pare its stake in wealth manager BT Investment Management as it continues its drive to shore up capital.
06/16/2015
12 ways to break into private banking in Asia
You want to become a private banker, you want to manage your own clients in Asia’s rapidly expanding wealth sector.
06/16/2015
United Capital picks up StanCorp group with $574 million
After acquiring several investment advisers over the past decade, Stancorp decided to sell its private client group
06/16/2015
L&G Said to Seek Buyers for French Insurance, Private Bank Units
Legal & General is understood to be considering a sale of its Cofunds platform, just over two years after it sealed a deal to take full ownership.
06/16/2015
HSBC, JPMorgan may move parts of businesses to Luxembourg - The Times
The banks are also considering the tougher rules imposed by the European Union for conducting business outside of the eurozone
06/16/2015
HSBC CEO Gulliver says will not sell Mexico unit - report
HSBC will not sell its business in Mexico, Chief Executive Stuart Gulliver said in an interview published on Monday, as the British bank embarks on a plan to shrink itself to boost profits.
06/16/2015
Private Banks Recruit MBA Assets As Sector Faces Digital Shift
Private banking emerges as recruitment powerhouse as sector faces tough regulation, digital disruption and competition from local wealth managers.
06/16/2015
Nicola Horlick wins inaugural 'Champion of Change' award
Nicola Horlick has been named the inaugural winner of the 'Who’s Who Champion of Change’ award
06/16/2015
Fund management investment firm IM Square launches with US focus
Philippe Couvrecelle, founder of PTH Conseil and former Chairman of the Board of Edmond de Rothschild Asset Management, and his partner, Jean Maunoury, are the architects behind this project: a global platform which will acquire minority stakes in the cap
06/15/2015
Swiss private bank eyes doubling of assets in 2020 plan
The reforms have leveled the playing field
06/15/2015
Edinburgh-based private bank refuses to rule out HQ move
But the bank, which caters for high net worth clients, insists any consideration over where to locate its brass plate is "not a political thing".
06/15/2015
Hopes high for Thiam turnaround at Credit Suisse
Tidjane Thiam starts work as CEO of Credit Suisse next month with investors optimistic he can bring about a major change of strategy at the bank, even if he has to raise cash to do it.
06/15/2015
How the elite are pampered by banks
Ultra-premium cards offer high-end services. But you have to be invited to own one.
06/15/2015
UBS looks beyond HK island to expand market share
UBS is expanding its wealth management business in Kowloon and the New Territories, having signed a lease on a new office at One Peking Road in an effort to woo wealthy entrepreneurs.
06/15/2015
HK wealth management market seen expanding 30% in 3-5 years
Hong Kong’s wealth management market could expand by 30 percent in three to five years amid cross-border stock trading links and mutual recognition of funds, according to a senior UBS official.
06/15/2015
UBS May Shift 20,000 Workers Into New Service Centers, SZ Says
The process may take two to three years, as contracts are drawn up between units and as assets and intellectual property are transferred.
06/15/2015
Do you need your own private banker?
The needs and attitudes of these investors are reflected in data that shows fewer than half of Australia's high-net-worth investors have a private banker.