10/24/2014
Credit Suisse flags more investment bank cuts
Credit Suisse is to make more cuts at its investment bank, which helped the Swiss group to produce stronger-than-expected earnings in the third quarter.
Wealth and Asset Management
10/24/2014
CEO of Citi’s Private Bank in Asia says the wealthy seek external advice, but transparency is key
Citi Private Bank bucks the trend with customers who have investable assets of $10 million or more – and a net worth of $25 million or more.
10/23/2014
Good wealth advisers are hard to find
“As a boutique organisation, we don’t have a brand that people are naturally attracted to, and we need to find people that really relate to a very bespoke culture and ethical standard. It’s very, very hard.”
10/23/2014
UBS looking for millionaires in an unlikely place
While average incomes are 27 percent lower on the north side of Victoria Harbour than on Hong Kong Island
10/22/2014
Beware the potential pitfalls of taking a senior role in wealth management
Directors and chief executives across financial services companies must now take greater personal responsibility for the actions of their company.
10/22/2014
BNY Mellon WM in Hong Kong wealth management push
Bank of New York Mellon’s Hong Kong unit is launching a major wealth management initiative, joining a host of US-based banks seeking to expand their fee-based investment services
10/22/2014
Saunderson House named best city firm for complex wealth management
The awards seek to “recognise the achievements of those working within the investment and financial services community”, and those who are “going above and beyond to help their clients protect and make the most of their hard-earned money
10/22/2014
St James’s Place in profile – Guaranteed success
But perhaps at the heart of SJP’s success is its “advice guarantee” and unique approach to investment management.
10/22/2014
The private client advice market in Australia is about to change
The private client advice market in Australia is about to change as the “product” moves down the hierarchy of importance and the “quality of advice” and “investment strategy” move up.
10/22/2014
Only in China: Open a Bank Account, Get an iPhone 6
The wealth-management products are tailored to cater to Chinese consumers’ craze for Apple smartphones while also aiming to help boost the lender’s deposit base as Beijing moves to inject more competition into the country’s banking secto
10/21/2014
John Spiers: 'Now is the greatest opportunity I've seen in wealth management'
The Bestinvest founder acquired the financial planning arm of Truestone and relaunched the business as EQ last week.
10/21/2014
Private banks see hedge fund demand rising
Citi Private Bank has seen an eightfold rise in sales of hedge funds through its Asia platform since 2012. Swiss firm Pictet also sees growing demand for the asset class
10/21/2014
JTC Group invests in Asian Alliance Partner, Kensington Trust Group
With KTG having offices and a prominent presence in Singapore, Hong Kong, Indonesia, Labuan, Kuala Lumpur and New Zealand, the alliance provides JTC with a superior Asian platform, and offers the Asian and Australasian market global access through JTC&rsq
10/21/2014
ABN AMRO Middle East has been highly commended as 'Outstanding Global Private Bank'
The Private Banker International Wealth Awards held in Singapore, are widely regarded as the most credible in the industry, voted by the industry, for the industry.
10/21/2014
Family Wealth Management in Luxembourg
Despite increasing pressure for fiscal transparency and exchange of information, beneficial owners still have a choice: move the capital out (of Luxembourg), or move the owner in.
10/21/2014
Saunderson House named best city firm for complex wealth management
The awards seek to “recognise the achievements of those working within the investment and financial services community”, and those who are “going above and beyond to help their clients protect and make the most of their hard-earned money
10/20/2014
Luxury property brokerage to Open Office in Dubai
“Bahrain is on my list of do we expand there if yes I have a number of priorities, when do we need to be there and how do we need to be there,” Wrang-Widén added.
10/20/2014
Ayala wins prized Swiss plum
Recipient of the prestigious IMD-Lombard Odier Global Family Business Award.
10/20/2014
Leading UK merchant banking group sells German securities business
The gross consideration is subject to an adjustment by reference to Seydler's net asset position at the completion date. The transaction is subject to regulatory approval in Germany.
10/20/2014
New Awards for Societe Generale Private Banking's Expertise
SGPB has received a number of awards during the Private Banker International Global Wealth Awards ceremony which took place in Singapore on 17 October 2014.