04/14/2016
Union Bancaire Privée completes its acquisition of Coutts activities in Asia
The attraction of the Coutts deal was not Europe but Asia, says Union Bancaire Privee’s CEO Guy de Picciotto.
Wealth and Asset Management
04/14/2016
Trusts top agenda at Jersey Finance Private Wealth Conference
Jersey Finance has confirmed the line-up of speakers for its Annual Private Wealth Conference featuring leading tax and legal experts who will address hot topics for high net worth clients from trust legislation and its relevance today to private wealth m
04/14/2016
3 reasons an investment banking background can help a wealth management career
Wealth management is typically viewed as more relaxed – advising private, often non-professional investors who frequently make decisions over a longer timeframe.
04/14/2016
Why JP Morgan embarked on its private banking trim
The bankers were all focused on high net worth, as opposed to ultrahigh net worth, individuals.
04/14/2016
Why Brits are so angry about David Cameron’s family wealth
These facts have never changed, and it's hard to argue that Cameron ever portrayed himself as anything else.
04/14/2016
Barclays purchase reflects OCBC push
With financial technology start-ups gradually making inroads into "high-volume, low-value -add" services such as payments and foreign exchange.
04/14/2016
Tilney Bestinvest introduce one-off advice service
The service will be available to new clients and to existing users of the Group’s non-advised Online Investment Service.
04/14/2016
PRAXISIFM acquires fiduciary and corporate governance consultancy
PRAXISIFM has acquired a fiduciary and corporate governance consultancy to enhance its presence in Switzerland and expand its operational footprint in Africa.
04/14/2016
Don't believe the hype: J.P. Morgan Private Bank talent outfows just "strategic attrition"
Highlight a much more critical industry-wide issue – that of the cost of servicing smaller accounts with expensive infrastructure.
04/14/2016
Panama papers haunt venerable private German bank
But the Panama Papers have brought to light some questionable business dealings with alleged drug traffickers, money launderers and terrorist financiers.
04/14/2016
KYC3 is the choice of BNP Paribas Wealth Management
The company’s aim is to be the regtech that delivers the KYC experience of the future.
04/14/2016
Does banking advice pose a threat to wealth managers?
For HSBC the latest initiative to drum up new business will be offering investment advice to people with smaller sums to invest.
04/14/2016
JM Finn & Co wins prestigious award
The award for Best Discretionary Service at the 2016 City of London Wealth Management Awards was presented to JM Finn & Co at a ceremony at The Guildhall.
04/14/2016
War on independence: New data reveals advisers set for restricted future
From a pre-RDR heyday, where independent advice was the dominant force in distribution, EY now predicts restricted advice will make up at least half of the market by 2020/21.
04/13/2016
BNP Paribas sells Dutch private bank
International wealth managers are selling assets as the cost of regulation and client tax compliance crimps margins.
04/13/2016
Swiss businesses are ready for Iran, but banks aren’t
Swiss businesses are eager to get a foothold in the Iranian market now that most trade sanctions have been lifted, but restrictions still in place from the United States are creating major money transfer problems.
04/13/2016
Australia's NAB restructures HNW business
The National Australia Bank Group, one of the country’s big four banks, has restructured its high net worth (HNW) business, which will see its private banking arm renamed NAB Private.
04/13/2016
Tilney Bestinvest wins Best Advisory Service at the City of London Wealth Management Awards 2016
The awards winners are voted for by the general public with integrity and independence the focus of the awards.
04/13/2016
Annual General Meeting of Julius Baer Group
At today’s Annual General Meeting of Julius Baer Group Ltd. the shareholders passed all agenda items and proposals submitted by the Board of Directors.
04/13/2016
Deutsche Asset Management plans China and Asia expansion
Eilbeck said another major driving force for China markets would be the decision by MSCI in June on whether to include A-shares in its emerging market indices effective from 2017.