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Wealth and Asset Management

11/07/2016

UBS has completed most of cost savings in wealth management: paper

The Swiss bank will cut several dozen jobs at part of its private bank, three sources familiar with the matter told Reuters last week.

11/07/2016

Demand grows for private banking as banks shut down branches - but how rich do you have to be to qualify?

It has just increased the number of staff dedicated to the service by a third.

11/07/2016

NBK awarded ‘Best Private Banking Services’ in Kuwait

Global Finance recognition for second consecutive year

11/07/2016

ETFs attract more than $3.2tn to pass hedge funds

Lower fees and tax gains see growth of market as pricier hedge sector loses allure

11/07/2016

Giant investors blame pay consultants for spiralling executive bonuses

Consultants are to blame for spiralling pay

11/07/2016

Aston Martin gears up to take high road on electric drive

Luxury British marque aims for 25% of sales from green machines within a decade

11/07/2016

Credit Suisse Expands China Presence as Foreign Banks Retrench

The brokerage will operate in the Qianhai free trade zone in Shenzhen, and will count both Chinese and foreign institutional investors as clients.

11/07/2016

BNY Mellon Wealth Management named 2017 Best Private Bank for New Customer Segments

The New Customer Segments Award evaluates how private banks are uniquely addressing the needs of customers that historically have been underserved, such as minorities, women, and other segments, according to Global Finance.

11/07/2016

Changes in the South African advisory landscape

The shift to a commission-free environment will be finalised during 2017.

11/07/2016

TBC Bank Wins Multiple Awards for the Best Private Banking Lines

TBC Bank has won The Banker’s and PWM’s joint award for the third year running

11/07/2016

HSBC in crisis as profits drop 86 per cent amid calls for criminal tax probe

The bank's announcement comes after it was revealed the sale of its Brazilian unit cost it £1.4bn.

11/07/2016

Westpac draws line in sand as profit flat at $7.82 billion

Westpac pushed the dividend payout ratio to 80 per cent

11/06/2016

Berenberg’s rapid expansion shows no sign of letting up

Hamburg based bank builds up research team and capital markets business

11/06/2016

Advisory firms redesign their offices to attract millennial clients

Office redos like SignatureFD's are the latest way financial advisory firms are adjusting their businesses

11/06/2016

The Americans are coming — lock up your funds

Asset managers in the US are looking to London

11/04/2016

Ex-Tilney Bestinvest research head joins 7IM

New Senior Investment Joins Seven Investment Management

11/04/2016

UBS Said to Be Among Banks Weighing Argentina Wealth Management

UBS and Julius Baer, both based in Zurich, might acquire local brokerages as a way to speed up the licensing process

11/04/2016

Canadian wealth management firm sells 80pct stake in GSFM

The time being the business will continue to operate under the name GSFM.

11/04/2016

ANZ wealth sale marks end of an advice era

Whether or not ANZ actually goes ahead with the sale.

11/04/2016

Boutique advice firm joins Fortnum

Fortnum's core values, operating model and ownership structure align with our core values and requirements.

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