12/02/2015
Credit Suisse Names New Private Bank Heads for China, Australia
Thiam, recruited in July to rebuild investor confidence in Switzerland’s second-largest bank
Wealth and Asset Management
12/02/2015
Aberdeen Targets £25bn Bond Manager Rogge
Aberdeen is pursuing the deal even as client redemptions accelerate amid weakening emerging markets sentiment, Sky News learns.
12/02/2015
Younger Wealthy Willing To Dump Advisors Quickly If Needs Aren’t Met
Millennials Signal Disruption for U.S. Wealth Industry With Greater Demand for Automated Robo-Advisors
12/01/2015
Catering to Asia’s bank capital appetite
But 30% of the issue also ended up in the hands of extremely eager Asian investors.
12/01/2015
Private Banking Industry In Asia. An Increasingly Difficult Business
It is important to correctly define what is meant by private banking, especially in the context of Asia.
12/01/2015
LTCM founding partner targets HNWs in robo push
The fund is a globally diversified multi-asset fund, which uses passives to implement its rule-based dynamic asset allocation strategy, and carries an annual management charge of 0.12%.
12/01/2015
Close Brothers Asset Management targets HNWs with DB pension service
This dedicated service is designed to meet increasing demand, helping employers and Defined Benefit (DB) scheme trustees to ensure members make an informed choice around transferring into Defined Contribution (DC) pension schemes.
12/01/2015
Private equity firm backs wealth firm launch
He will be joined by Monika Kolarich
12/01/2015
U.S. Bancorp Turns to Robos to Boost Wealth-Management Assets
U.S. Bancorp’s wealth-management unit has dragged behind its competitors.
12/01/2015
Administration of Trusts And Estates in the Digital Age
The Revised UFADAA provides a compromise solution between fiduciaries and internet service providers
12/01/2015
World’s biggest bank gets caught up in China investment scandal
Bad marketing and flawed investment products rocking the reputations of Chinese banks have now spread to the world’s biggest lender by assets.
12/01/2015
Contrarian ways do it for 7IM fund
Part of the five AAP fund range, the £243m portfolio has returned 35.55 per cent in the past three years, according to data from FE.
11/30/2015
Emirates NBD to maintain retail, wealth management momentum
Lender sees double-digit growth in segments, says SME exposure well within acceptable range
11/30/2015
Former Bank of America chief of global wealth managemen: My firing was ‘act of violence”
Krawcheck reveals all in a new podcast interview series called “Radiate” with Bloomberg journalist Betty Liu.
11/30/2015
Head of U.S. Bank Aims to Beat Rivals in the Wealth Game
Mark Jordahl, president of U.S. Bank Wealth Mangement, leads a new robo-advisors initiative.
11/30/2015
Intesa Sanpaolo to open private bank branch in London
Intesa Sanpaolo’s London branch will start with 10 private bankers. Mr Messina says he is ready to be “very aggressive” in hiring bankers from other banks.
11/30/2015
More Guernsey banks likely to close, regulator says
The BBC has heard job losses are expected at the Swiss bank.
11/30/2015
Hunt for Richest Clients Drives Nordea Wealth Arm Beyond Nordics
Fierce competition for Scandinavia’s richest clients is forcing the region’s biggest bank to rely more heavily on sales elsewhere to feed growth in its wealth management business.
11/30/2015
Davy to buy Northern Irish wealth manager
Pension & Financial Consultants has approximately 4,000 clients and £600m € 850m of assets under management
11/30/2015
Fairstone adds another IFA with £135m of assets
Advisers joining Fairstone are able to leverage its core technology platform and services such as compliance, para-planning and lead generation.