05/26/2016
Clients of UBS Wealth Management's spino face trading restrictions
Crestone intends to officially open its doors on 10 June 2016.
Wealth and Asset Management
05/26/2016
You will never have seen this trophy before... but England and Wales will play for it on Sunday
England and Wales are about to go toe-to-toe for a trophy that nobody knows anything about
05/26/2016
Credit Suisse to close Panama private banking office
The spokesman noted that the decision to close is unrelated to the Panama Papers leak
05/25/2016
German Wealth Managers will lose market share to Robo-Advisors over next 2yrs: Verdict Financial
The company’s latest report states that, of developed markets, HNW clients in Germany show the greatest interest in automated advice platforms.
05/25/2016
Banco Santander Abandons Use of Chauffeurs to Cut Costs
Santander is reducing staff and closing hundreds of branches as it seeks to shave 3 billion euros from expenses by the end of 2018.
05/25/2016
Watch out advisers, wealth giants are coming to get you
One of the key takeaways was the power of the vertically integrated model.
05/25/2016
Chubb Unveils New Suite of Family Office Liability Coverages
We are excited to launch these updated coverages and make them available through one customizable package.
05/25/2016
The New Face Of Elite Concierge Healthcare
This is where comprehensive longevity planning driving by concierge healthcare firms comes into play.
05/25/2016
BSI Singapore shutdown a wake-up call for private banks in Asia
But details from a Swiss probe into 1MDB accuse BSI of routinely failing to carry out required background checks on large sums deposited.
05/25/2016
BSI Singapore shutdown a wake-up call for private banks in Asia
In one case, according to the Swiss banking watchdog, BSI was happy to take $20 million after being told by a client the sum was "a gift".
05/24/2016
Old Mutual Receives Approaches for OM Asset Management
Potential sale part of plans to separate company’s four main businesses
05/24/2016
BNP Paribas to close Cayman Islands business
BNP Paribas had no immediate comment.
05/24/2016
EFG’s BSI Takeover Approved by Finma After Money Launder Breach
EFG believes that these developments will draw a line, from a Swiss and Singaporean regulatory standpoint, with the past in connection with this matter and constitute another important step to remove related regulatory uncertainty for clients, employees,
05/24/2016
Global Investor Services and Dynasty Financial Partners Create a Strategic Alliance to Expand Their Global Wealth Platform
Daniel and the GIS team bring significant quality and depth to the international independent market,” said Ed Swenson, Chief Operating Officer of Dynasty.
05/24/2016
Falcon Private Bank’s tenacious high flyer earns the feather in his cap
“We see some attraction in certain sectors, like biotech, health care and some parts of technology."
05/24/2016
JPMorgan Said to Cut Almost 100 Employees in Its Private Bank
While banks have cut thousands of employees since the financial crisis, wealth-management operations have been generally spared the worst as the business has grown along with the fortunes of clients.
05/23/2016
Gerard Lyons among City titans behind new ‘robot’ advisor to the rich
The minimum investment is £50,000 but the service is hoping to attract the traditional clients of private banks such as Coutts and Brewin Dolphin.
05/23/2016
Now ‘robo-advice’ is rounding on the Square Mile
Dr Gerard Lyons, the pro-Brexit economist and writer, is throwing his weight behind the latest new service to launch in the UK.
05/23/2016
RKCR/Y&R continues comeback with big Swiss wealth manager win
RKCR competed with some of continental Europe’s finest, believed to include BETC Paris, Fred & Farid and Armanda Testa.
05/23/2016
Investec Wealth Boosts Non-Pound Bond Holdings on Brexit Concern
The pound may have rallied amid evidence U.K. public opinion is shifting away from a Brexit, but one fund manager isn’t taking any chances.