05/30/2016
Raymond James' $17M fine over anti-money-laundering failures should be a wake-up call
Time advisers take regulators' focus on this issue seriously, as compliance rules are only going to become stricter
Wealth and Asset Management
05/27/2016
Panama Papers: Mossack Fonseca closes island offices
Jersey, where the company has had a small office for 20 years, was mentioned many times in the leaked documents.
05/27/2016
BSI says new management not linked to Malaysia scandal
There is no proof that current members of the board of directors or management are involved in the case,” he told the Swiss daily Corriere del Ticino.
05/27/2016
Arbuthnot to sell up to 31.9 pct stake in retail bank Secure Trust
The sale would generate gross proceeds of about 145 million pounds ($213 million), Arbuthnot said.
05/27/2016
Tilney Bestinvest welcomes Towry with £17.6m profit
The combined firm with have 240 financial planners and 120 investment managers on its books, operating from over 30 locations across the UK.
05/27/2016
AP Executive Wins Global Award 2016
The winners were chosen after a rigorous nomination and selection process
05/27/2016
Now 16 FIFA execs named in Julius Baer money laundering probe
The referrals were made by Julius Baer after US and Swiss prosecutors had begun their hunt for corrupt officials and sports marketers linked to FIFA.
05/27/2016
Investec Wealth Finds Its Niche in Hong Kong
The wealth manager says customized advice will attract clients not served by other private banks in the region.
05/27/2016
The wealth manager turned watchmaker who's totting up sales of £8.5m a year indulging his passion
To the outside world, the centuries-old watchmaking business might seem like an odd choice of profession for the young and inexperienced to break into.
05/26/2016
Lux group ups UHNW expansion with Swiss bank purchase
This purchase comes just three months after the Luxembourgese bank acquired Banco Populare Luxembourg S.A.
05/26/2016
Macquarie agrees to sell Majority of NZ retail Wealth Management Unit
Neither the purchase price nor the size of the cornerstone stake were disclosed.
05/26/2016
China's wealth management sector 'should go more global
"At the same time, we should look for excellent investment managers overseas for cooperation."
05/26/2016
Clients of UBS Wealth Management's spino face trading restrictions
Crestone intends to officially open its doors on 10 June 2016.
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.