11/01/2016
Standard Chartered Stabilizes but Wealth Management Disappoints
Standard bank claimed to be on track to deliver in excess of $1 billion in gross cost efficiencies by the end of 2016
Wealth and Asset Management
11/01/2016
Cim Global Business voted Best Fund Administrator in Africa for Private Equity
The AGF Africa Service Providers Awards are dedicated to promote excellence in the African fund industry.
10/31/2016
Swiss wealth and asset manager opens in Dubai
“Managing assets for institutional clients is our exclusive focus and we bring this formidable experience to DIFC. We currently manage US$159 billion in assets, invested in equity and bond markets worldwide. We have 17 business development centres g
10/31/2016
UBS goes after smaller fortunes in scramble for wealth in China
UBS Group will explore all avenues for accessing the domestic Chinese market, including partnerships
10/31/2016
Germany's DZ Bank to refer clients to OCBC's unit as it exits Singapore
The latest arrangement involves no financial exchange.
10/31/2016
Pictet Wealth Management picks up two awards
PWM also received the prize for "Best Private Bank in Europe"
10/31/2016
Fosun acquisition opens up new markets for Luxembourg private bank
Chinese investment in Europe is in the spotlight at the moment.
10/31/2016
Private bank with 1MDB links braces for sanctions
London-based Coutts said the client accounts are the subject of Swiss Financial Market Supervisory Authority.
10/31/2016
ANZ to sell Asian retail, wealth businesses
ANZ has entered an agreement with DBS Bank to acquire ANZ's asian branch networks
10/31/2016
Credit Suisse: eastern targets
In London, morale is low after thousands of job cuts.
10/31/2016
Singapore's DBS pounces on ANZ assets to extend Asia private banking push
The businesses in Singapore, Hong Kong, China, Taiwan and Indonesia, will be sold for around S$110 million ($80 million), in a deal that underscores how smaller players in private banking are being squeezed out due to lack of scale.=u=[;6-----------------
10/31/2016
Credit Suisse wants to be big fish in industry again
Credit Suisse Group AG is looking to grow its global asset management business
10/31/2016
Vontobel's Private Bank in Asia is Profitable
The operating chief of Vontobel’s private bank has revealed that business with wealthy clients is profitable in Asia.
10/31/2016
Valartis Group says Valartis Finance Holding's recovery successfully concluded
After closing of the sale's transaction for the Liechtenstein banking group on 20 September 2016,all outstanding liabilities have now been settled, and the company is fully recovered and free of debt.
10/28/2016
Northern Trust Named Best Private Bank in U.S.
Financial Times Group also awards Northern Trust with Best Technology Initiative and highly commends Global Family Office and Ultra-High-Net Worth Capabilities
10/28/2016
Concert wealth Management Inc. sold shares of Novagold Resources Inc.
Several other hedge funds have also added to or reduced their stakes in NG.
10/28/2016
Taxman Pins Hope On Direct Tax Dispute Resolution Scheme To Garner Revenue
Any applicant whose evaluations of the merits of the dispute are not sustainable will find the Direct Tax Dispute Resolution Scheme attractive
10/28/2016
RBC celebrated as leading North American wealth manager with two industry award wins
The Private Banker International Global Wealth Awards recognize industry-leading wealth management firms.
10/28/2016
The Bleak Realities of Private Banking According to an Industry Insider
Top shots, including UBS wealth management boss Juerg Zeltner and Yves Mirabaud have aired their disquiet and pessimism
10/28/2016
UBS profits rise despite 'risk averse' clients
In the third quarter of 2016, expenses for provisions for litigation, regulatory and similar matters were CHF 419 million, including CHF 408 million in Non-core and Legacy Portfolio.