03/08/2016
Wealth boutique launches asset management business and multi-manager range
The all-in fees range from 1.1% to 1.36% and the minimum investment is £1,000 for lump sums or £100 a month for regular savings.
03/07/2016
South Africa-UK Wealth Management Giant Plans $12.8B Split-Up
It has a market value of £8.8bn as of Friday’s close.
03/07/2016
Expansion underscores need for B.C. firms to have presence in Canada’s largest city
03/07/2016
Park added that Citi Priority helps cut transaction cost through digital banking channel as well as providing customers with freedom and flexibility in transactions.
03/07/2016
Iqbal Khan’s mission—revamp a patchwork of disparate businesses—would be a challenge even in good times
03/07/2016
Global investment strategist Kevin Gardiner at Rothschild Wealth Management, which has €21.6 billion ($32 billion) under management globally
03/07/2016
Wealth managers appear to be keeping faith with Japanese equities despite the recent poor performance of the country's economy
03/07/2016
Earlier this week, global banking group Barclays announced that it will be selling down its stake in Barclays Africa Group Limited – trading as Absa in South Africa.
03/06/2016
It's pretty sweet revenge for Diamond as the deal would mean snapping up one of his old employers' most profitable assets
03/06/2016
One top-20 shareholder warned that Mr Dobson, who has run the £313bn asset manager for the past 14 years, risked becoming a “back seat driver”.
03/04/2016
Lombard International sets up dual US-UK wealth solution
In addition to providing a practical solution to the issues faced by US clients, the hybrid policy also caters to UK residents who, for business or personal reasons, plan to take up residence in the US for a period of time.
03/04/2016
The planned merger follows SGPB Hambros’ buys of Barings’ private client arm and ABN Amro’s private banking division in recent years, which Barnett classifies as bolt-on acquisitions.
03/04/2016
UBS, the world's biggest private bank, sees growth potential in Europe because the wealth management market is still very fragmented with the biggest banks rarely holding more than a 7 percent share in a particular country.
03/04/2016
Shenzhen-based CMB is planning to hire 300 new private bankers and advisers this year to add to the existing staff of 1,000
03/04/2016
Barclays’s sale of the unit could fetch as much as $400 million, though the valuation could change as bidders get more detailed information about the business, they said.
03/04/2016
Duncan Graham, head of the Newbury office, will move over to Charles Stanley’s Oxford office.
03/04/2016
“UMAX’s ability to so efficiently facilitate changes across multiple UMA portfolios simultaneously is a major step forward in the industry,” he added.
03/04/2016
Bob Diamond, the forceful former Barclays chief executive, is approaching investors to back a takeover bid for a swath of the UK bank’s African empire that he helped to construct.ccc
03/04/2016
The company has no further comment at this time, according to the statement.
03/03/2016
Scorpio reports that M&A activity saw $410bn of assets transferred in 2015, compared with $460bn the year before. However, both figures pale in comparison to the $780bn that changed hands in 2013, generated by 100 deals.