03/19/2015
Credit Suisse’s Ferrari Has ‘No Limit’ in Hunt for Wealth Assets
Credit Suisse Group AG is seeking to increase the assets managed by its Asia-Pacific private banking and wealth-management unit to account for about a quarter of the firm’s global total.
03/19/2015
Petronella West, Director - Private Clients at independent boutique wealth management firm Investment Quorum, one of the wealth management industry’s best known and most respected figures, has been proclaimed winner of the ‘FactSet Award for W
03/19/2015
“Following an internal review, we have taken the decision to exit our trust businesses in Switzerland and the Cayman Islands.
03/18/2015
Safra Sarasin set aside “adequate provisions,” including for a Justice Department disclosure program for Swiss banks, it said.
03/18/2015
Vontobel intensifies network race with new clients
Vontobelowned structured product platform Deritrade has signed up four buyside clients, in the latest attempt to move ahead of rival Contineo in the race for private banking clients in Asia.
03/18/2015
Morgan Stanley's Asia wealth business goes local
With this, Morgan Stanley is the only global wealth manager whose Asia business is managed via a locally incorporated bank
03/18/2015
Credit Suisse Launches Global Digital Private Banking Capabilities with Asia Pacific Release in Singapore
Credit Suisse on March 18 announced the launch of a global digital private banking platform for clients in Asia Pacific
03/18/2015
UBS Wealth Management Americas Re-Brands Retirement Plan Consulting Business
With a shifting environment and ongoing regulatory changes, including potential new DOL fiduciary rules, retirement plans face growing complexity and increasingly seek consulting services.
03/18/2015
Bringing the C-Word back to Wealth Management by Annie Catchpole, Scorpio Partnership
If your wife tells you that she doesn’t want a birthday present, should you buy her one anyway?
03/18/2015
Halifax Share Dealing Wins the Public Vote
At a ceremony at The Guildhall last night announcing the winners of The City of London Wealth Management Awards, Natasha Kaplinsky presented Halifax Sharedealing with the Award for Best Execution-Only Equity Sharedealing Service.
03/18/2015
One only need look at the headlines in the case of Robert Durst to see the importance of this hypothesis.
03/17/2015
Wall Street's trillion dollar money managers are under threat from a new breed of low-cost advisers
UBS, Bank of America, and Morgan Stanley stand out in the global wealth management industry, each responsible for handling more than $1 trillion in investors' assets.
03/17/2015
First Republic Named Top Private Bank In U.S.
The award is the second in the past two months for First Republic
03/17/2015
HSBC sneaks out details of £4m windfall for 11 executives
The biggest winner was Samir Assaf, the head of its investment bank, who received shares worth almost £1.1million.
03/17/2015
World Wealth Report Wins Best PR Program Award at Family Wealth Report Awards 2015
The launch showcased key report findings on the growth of the global high net worth population
03/17/2015
HSBC begins closing Jersey accounts
The bank is carrying out checks on the identity and address of thousands of its customers on the Channel Islands, and is closing accounts that do not meet tax compliance standards.
03/17/2015
New investment firm intends to 'shake up' cash market
Aiming to 'shake-up' the cash deposit market, the service allows users to have a new account with an underlying bank in 24 to 48 hours.
03/17/2015
The Beijing-based bank hasn’t submitted any proposal to the regulator, the people said, asking not to be identified as they aren’t allowed to speak publicly.
03/17/2015
Managing Hollywood’s Shrinking Wealth
Hollywood is no longer paying what it once did, even though many actors and screenwriters don’t want to believe it.
03/17/2015
33 employees in the International Wealth Management and Technology Services teams face the prospect of redundancy.