11/17/2014
Jewish Communal Fund Launches Private Client Group
Exclusive auction preview of Christie's Post-War & Contemporary Art sale was featured on Tuesday
Wealth and Asset Management
11/17/2014
Another Widening Gap: The Haves vs. the Have-Mores
Philip Rushton has been selling private jets to the global rich for more than three decades.
11/17/2014
Swiss fund firm launches in Edinburgh
A Swiss banking group is making a move on the Scottish market with the opening of an asset management and sales operation in Edinburgh.
11/17/2014
Leading ME bank announces new private banking head In The Gulf
He was previously Managing Director and Co-Head of the Onshore UAE market as well as Head of Royal Accounts.
11/17/2014
Black money trail goes much beyond Swiss Alps to many island nations
As India expands its probe into suspected black money stashed abroad, the trail appears to have gone much beyond the Alpine mountain ranges of Switzerland to various island nations and global financial centres like Dubai, Singapore, Luxembourg and Cyprus.
11/17/2014
Deutsche Bank bets on Hong Kong for wealth management
Financial reform and stock connect cited as key factors behind decision
11/17/2014
Wealth managers face ‘sweeping changes’
A lack of trust among rich clients is leading investors to hold more money in cash and bypass wealth managers altogether by investing directly in property and private equity.
11/17/2014
Pictet looks to expand in London
Geneva-based private bank Pictet is planning to double the size of its team in London.
11/17/2014
Geneva-based private bank looks to expand in London
Headhunters confirmed several Swiss private banks are expanding in London, now bank secrecy in Switzerland is on the way out.
11/17/2014
Efficiencies Needed to Support Europe's Wealth Management Growth
This means front line productivity and operational efficiency need to be further increased to address industry-wide cost increases and declining revenue yields.
11/17/2014
Synovus Family Asset Management Again Named To Bloomberg Markets List of “The Richest Family Offices”
The list was compiled by the Bloomberg Rankings team based on a survey of more than a thousand firms worldwide, and using a database obtained from the Portland, Oregon-based Family Offices Group.
11/17/2014
State Street to Sell Hedge Fund Business in Management Buyout
State Street Corp. (STT) is selling its hedge fund investing business to the unit’s senior management.
11/14/2014
Standard Chartered chief: I'm not going anywhere
Peter Sands says conversations on shareholder trip to Asia have not focused on management's future
11/14/2014
AP Group opens Singapore office
The new regional base adds to AP Executive offices in London, Guernsey, Jersey, Switzerland and Cyprus. Through this network, the company services clients and candidates in more than 55 jurisdictions globally.
11/14/2014
Bahamas 'Hub' On Swiss Private Bank's Latam Expansion
Top executives yesterday said they planned to use their Bahamas operation as “a hub” to support further expansion into Latin America, adding that this nation’s financial services industry was likely to join global consolida
11/14/2014
Peregrine has high hopes for Java capital
WEALTH and asset management company Peregrine intends growing its newly acquired corporate advisory business, Java Capital,
11/14/2014
European Wealth makes double acquisition
European Wealth has acquired two firms in order to boost its onshore and offshore wealth management services.
11/14/2014
Swiss Banking Refuge Brings No Solace to Espirito Santo Clients
When Luis Vieira and about 100 other small Portuguese investors put money in Grupo Espirito Santo’s Swiss affiliate, they thought the Helvetian nation’s renowned safety protected them.
11/14/2014
Wealth managers look to boutiques in hunt for quality active management
The survey of UK 80 wealth managers and multi-managers, conducted in September and October this year, found 95% were positive about boutique investing, and 41% said they plan to increase their asset allocation to boutiques in the next 18 months.
11/14/2014
Pictet eyes ‘increasingly attractive’ EM currency bonds
The bonds have been hit hard in recent years due to a general weakening in emerging market currencies, many of which have lost a substantial amount of value relative to developed world currencies.