06/05/2015
Senior Credit Suisse executives said on Thursday the bank is putting together an acquisition and divestiture team that will initially be comprised of two or three members, and that is likely to be expanded in time.
06/05/2015
Many advisors shift their focus to keep high-net-worth clients happy but they can shift too far and lose their value in clients' eyes. They often forget that clients are looking for their unique services.
06/05/2015
The Bank of America-owned brokerage told its 14,000 brokers almost two years ago they would be paid less if they cut fees too aggressively on a new account the firm was introducing.
06/05/2015
The English Premier League will forego having a sponsor from 2016 on.
06/05/2015
The deal will see Sanlam invest in the network to build up the size of the business. The network currently has 330 advisers.
06/04/2015
For private banks, the extent of the damage suffered to the client relationship in the aftermath of the crisis often depended on how the bank handled a customer’s concerns -
06/04/2015
Africa’s richest man is Nigeria’s Aliko Dangote, who ranks 56th on a global rich list with a fortune of $15.7 billion, according to the Bloomberg Billionaires Index.
06/04/2015
So far, however, Morrissey appears not to have inspired a similar improvement in her own industry
06/04/2015
Private Banks Respond to Young, Female Clientele
With more women and 'Generation Ys' becoming clients, private banks are having to respond to new demands
06/03/2015
Will you trust a robot to manage your money—when you’re 64?
That works in the early days of the era of the digital native, but will it still work when the digital natives turn 64?
06/03/2015
“Managing Family Office Wealth”
A local and international audience of investment professionals and clients will hear EFG’s latest investment advice to global families and their trusted advisors.
06/03/2015
BNY Mellon IM shuts SMA platform, lays off staff
The firm has shelved its separately managed account unit for wealthy people in Asia and let up to 50 staff go in Hong Kong and Singapore, AsianInvestor understands.
06/03/2015
New Book, "The Aspirational Investor: Taming the Markets to Achieve Your Life's Goals,"
Merrill Lynch Wealth Management Chief Investment Officer Ashvin Chhabra today published a new book, "The Aspirational Investor: Taming the Markets to Achieve Your Life's Goals"
06/03/2015
Appleby Advises Santander on Reorganisation of Santander Private Banking in Jersey
The transaction used the Banking Business (Jersey) Law 1991 which allows a Jersey deposit-taking business to be transferred from one bank to another by means of a Court-sanctioned scheme.
06/03/2015
Bank launches innovation centre in Singapore and launches portfolio tracking app for Asia clients
06/03/2015
Much of the discussion concerning passives has focused on what they do better than active strategies, with ‘better’ often a synonym for ‘more cheaply’.
06/02/2015
Wealth manager seeks to exploit ‘painful transition’
European Wealth is turning a corner following its ‘reverse’ takeover and listing last year, according to the group’s executive chairman John Morton, and is now working towards getting a “higher profile” to attract good acquis
06/02/2015
Stifel deal for Barclays unit would amp up ambitions to attract elite advisers
Acquisition target could add $47 billion in assets to St. Louis-based firm
06/02/2015
Caledonia trust nears £100m deal for 7IM
People familiar with the talks said that an agreement was likely to be struck in the coming weeks
06/02/2015
Butterfield explores overseas indices options
The Bank of Butterfield is to look at listing its shares in either the US or the UK, as well as Bermuda