Managers of Wealth

Falling profit margins plague the wealth industry

Wealth management firms struggled to translate a healthy rise in assets in the third quarter into earnings.

Death of wealth boutique: Think-tank warns on 'suffocating' regulation

A report from the New City Initiative has underlined the detrimental impact of regulation on the asset management industry.

Close brokers distribution deal with advice services business

SIFA, which was established in 1992, seeks to bring together solicitors and professional impartial financial planners to provide complementary legal and financial services. It now supports more than 170 firms across the UK.

RBS launches sale of Coutts, invites bids before Christmas - sources

First-round bids are due before Christmas, they added.

Standard eyes Africa’s millionaires

BANKING the wealthy is expected to become increasingly lucrative as the number of ultra-rich Africans grows rapidly, prompting Standard Bank to sharpen its focus on millionaires in Nigeria and Kenya.

Brewin studies 'Stephanomics' - Podcas

In another coup for the Brewin Podcast Stephanie Flanders, JP Morgan Chief Market Strategist and former BBC Economics Editor, joins Brewin Dolphin’s Guy Foster and Ben Gutteridge to discuss the market’s most pressing issues.

Credit Suisse piecemeal strategy irks investors

Yet almost two years and three investment bank restructurings later, some investors are becoming impatient about what they see as the Swiss lender’s piecemeal strategy and a history of over-optimistic forecasts.

Advisers asking low asset clients to leave: Schroders

A survey of 644 advisers found that 49 per cent have segmented their client base by size

Guernsey fiduciary services industry targets new markets -FT

The trust — a legal concept dating back to ancient Rome — has been a bedrock of Guernsey’s finance industry for the past 50 years.

Guernsey’s economy shows signs of recovery despite protests -FT

Six years on from the global crisis, Guernsey’s comfortable, slow-paced lifestyle remains largely intact.

Uber raises another $1.2 billion, pledges to become 'more humble company'

The investment will be based on a 30% discount on Uber's eventual IPO price. An Uber IPO is "likely more than a year off."

CIBC is eyeing acquisitions in the private banking and wealth management

“We’re trying to look at companies that could fit our culture and will contribute not only to the strength of our culture, but also will contribute over the medium term to our bottom line,” Dodig told a conference call with investors Thu

UBS to set up new group asset and liability unit

UBS said on Thursday it will set up a separate group asset and liability unit to help it manage risk in the bank's new structure, which ensures it can be broken up more easily in case of a renewed crisis.

Rich People Want The Government To Keep Their Wealth Secret Because Of Kidnapping Fears

The Coalition may reconsider laws implemented by the previous Labor government, designed to publicly disclose private companies’ taxable income, after fielding complaints from private business owners concerned they may be kidnapped and held for rans

WEF Offers Impact Investing Road Map for Wealthy Families

The World Economic Forum has a message for wealthy families thinking about impact investing: don’t just buy on the buzz, do your homework.

Luxembourg realigns itself as an art and antiques haven

The Grand Duchy is increasingly marketing itself as the go-to place for art-related business in Europe.

Planning for Family Philanthropy

Think about how you discuss philanthropy and charity with your family. Growing up in my family the act of charity was a modeled behaviour, even if it wasn’t discussed outright.

Biggest Bank in U.A.E. Targets Wealth Management

The biggest United Arab Emirates bank by assets, expects to expand its money management business abroad to tap growth in emerging markets.

The moment Sallie Krawcheck got hooked on social

The Ellevate chair spoke with Fortune’s senior editor at large Pattie Sellers about the importance of investing in your connections on social.

Estonia Is First Country In The World To Offer E-Residency

Estonia has become the first country in the world to offer E-Residency, a way of legitimising your online identity throughout the global internet.

Wealth and Asset Management