01/22/2015
The company reported 1.38 billion pounds ($2.1 billion) of net inflows in the fourth quarter, sending assets under management to a record 52 billion pounds, according to a statement.
01/21/2015
Undoubtedly firms have to preserve their image and the episode once again underlined the fact that most companies do not yet have a formal procedure in place for dealing with social media.
01/21/2015
Morgan Stanley brushed off the decline as a one-time event reflecting the accelerated payment of $88 million of bonus money to wealth executives in the quarter.
01/21/2015
Wealth manager David Scott says the oil-price crash caught people on the hop but now investors are concerned about the approaching election
01/21/2015
Two major funds have been ousted by multi-manager James Burns in a portfolio revamp that has seen him hike his exposure to investment trusts.
01/20/2015
Since then, a rebounding financial industry has collided with a dearth of new offices, pushing average rents up to about 8 pounds a square foot more than UBS will pay.
01/20/2015
Belgian private banks to merge
The new group will offer private banking, institutional asset management and investment banking, principally in Belgium, Luxembourg and France. It will also have operations in Germany, Hong Kong, Italy, the Netherlands, Spain and Switzerland.
01/19/2015
Asked about Coutts International after the Italian bank said in November it was looking at the wealth management arm of Royal Bank of Scotland, Messina said he was not interested in buying only the international division of the company.
01/19/2015
Opportunities in new geographies and asset classes, a rise in the mass affluent, and aging high net worth baby boomers are sparking new demand for wealth management services.
01/19/2015
Optimism among investment managers has stalled for the first time in three years, according to a survey by the Confederation of British Industry and PricewaterhouseCoopers.
01/19/2015
UBS Wealth Management APAC Head Kathryn Shih discusses Switzerland abandoning the cap on the euro, Hong Kong as a financial hub and the demand for private banking services in China.
01/19/2015
It was decent of Julius Baer to confirm it did not suffer losses in the two trading days after the Swiss National Bank unhitched the franc from the euro.
01/19/2015
"We welcome GVC's decision to be the first investor among many GCC-based corporate and high net-worth investors who are at an advanced stage of discussions to acquire equity stakes in GWM as part of its UK crowdfunding campaign. We expect to ma
01/18/2015
Three days ago, the Swiss National Bank slashed its official interest rate to -0.75 percent; that move, made in faraway Europe, has enormous repercussions for Africans seeking to hide funds there.
01/16/2015
The tour is part of a broader "communications program" Fleming and his deputies have embarked
01/16/2015
Swiss bank invests in Aussie asset manager
The Bonhote Bank Switzerland has entered into a formal relationship with Melbourne-based asset manager Giles Wade.
01/16/2015
Complying with international standards can be a daunting challenge for a jurisdiction.
01/16/2015
Wealth managers, whose focus is on individuals, are badly served by being lumped in with “banks” and are straining to cope with aggressive compliance requirements from the FCA
01/16/2015
Brands can use research to find the right affluent individuals that will be a good fit for their merchandise, regardless of former interactions.
01/16/2015
The Swiss National Bank stunned markets on Thursday by abolishing the franc’s three year-old cap of 1.20 per euro, causing the currency to soar as much as 41 percent against the common currency.