06/24/2015
A luxury boutique in China. According to the Gini index, the degree of wealth concentration in China has risen by a third in the past 35 years. This disparity fuels perceptions that the deck is stacked in favour of the rich.
06/24/2015
Towry has outlined plans to expand its investment proposition following its acquisition of financial planning and discretionary firm Ashcourt Rowan.
06/23/2015
There's a massive poaching raid going on at Lehman's old wealth management shop
Barclays is selling the business to Stifel Financial Corp
06/23/2015
Asian investors seek global exposure, says Deutsche AWM
Deutsche Asset & Wealth Management (Deutsche AWM) says that it is seeking to tap demand from Asian asset owners for higher global investment allocations
06/23/2015
Swiss Banks Likely To Continue Shoring Up Capital As SNB Proposes Higher Leverage Ratio Requirement
The largest Swiss banks UBS and Credit Suisse may have to keep working on their balance sheet quality over the next few quarters, as the Swiss National Bank is pushing for stricter rules governing their leverage ratio requirements.
06/23/2015
Credit Suisse Sets Sights on UBS in Battle Over Private Banking
UBS and Credit Suisse, with business operations spanning the globe and headquarters a few blocks apart in Zurich, have long been fierce rivals.
06/23/2015
Dubai private banker fired by ABN Amro
ABN Amro said on Monday it had fired an employee as part of an internal investigation into its private banking operations in Dubai
06/23/2015
Rothschild, Canaccord among top performers
Wealth managers may have struggled to generate alpha in 2014, but rising markets and low inflation meant they were comfortably able to generate positive returns for their clients.
06/23/2015
15th Berenberg Polo Derby: Hamburg polo highlight celebrates anniversary
It is the year of anniversaries in the Berenberg world. In 2015, not only is Germany’s oldest private bank celebrating its 425th birthday, the Berenberg Polo Derby is also being staged from the 15th time.
06/22/2015
Switzerland faces competition from Asian booking centers
Dubai emerges a fast growing asset booking centre
06/22/2015
Switzerland admits being ‘attractive’ for money laundering
Switzerland has been facing pressure from several nations to share details of Swiss bank customers suspected of holding illicit funds
06/22/2015
What marketers can learn from private banking and the Daddos
The only thing we did have in common is our lack of the need of anything approaching a private bank.
06/22/2015
Seven Investment Management is currently owned by Allied Zurich Holdings Ltd and Aegon UK through 7IM Holdings Ltd.
06/22/2015
Lack of patience leads to alternative failures
06/22/2015
Traditional wealth management firms may be lagging behind their upstart rivals in client service, particularly in servicing the digital demands of today’s customers.
06/19/2015
Natixis has restructured its emerging markets business, bringing its staff into one new autonomous unit. The new business aims to triple its AUM within five years and is looking to increase its headcount in Singapore.
06/19/2015
Deposits by Bangladeshis go up by 36pc; political unrest, poor investment scope seen as reasons
06/19/2015
CAIS Meets Advisor Demand for Access to Private Equity Funds
06/19/2015
The wirehouses hold 42% of the $11.3 trillion high-net-worth market
06/19/2015
Wealth advisory firm opens Boston office
An investment management and wealth advisory firm for high net worth individuals and families, announced today the opening of its Boston office