Managers of Wealth

RBC CEO sees no need for big acquisitions after City National deal

I wouldn't call it a one-and-done, but we don't need to make other acquisitions to achieve our goals

Raymond James' recruiting bump will boost next quarter

Recruiting remains robust ... so we should have a tailwind in that area

St. James’s Place Started Talks to Explore Middle East Base

St. James’s Place last year bought Singapore-based advisory business Henley Group Ltd.

Olympics group calls on wealthy executives

‘Founders 100’ entry donation is $50,000

UBS' Smiles Tells Asia's Wealthy to Diversify -- Barron's Asia

UBS Wealth Management put out a note to its private bank clients detailing how the move would hurt Switzerland's growth and the stocks of Swiss companies dependent on revenues in other currencies.

London wealth manager buys IFA to boost assets by £150m

The combined business will manage £420m of assets and employ 21 staff across two offices.

St James’s Place fund hits asset record

The number of partners also grew faster than expected at nine per cent year-on-year

Swiss Lenders Pitch 'Superior' Banking Services

Swiss bankers are now pitching 'superior banking' services to their prospective clients

Growing numbers of ‘super rich’ will need generalist advice

Australia's growing number of ultra-high net worth individuals (UHNWIs) will require financial advisors with generalist - not just investment - knowledge, a new report reveals.

Aberdeen Asset could make small acquisitions

Aberdeen Asset Management is not looking for any major acquisitions following its purchase of Scottish Widows Investment Partnership

Intesa considers float of private banking arm

Intesa Sanpaolo is considering a flotation of its private banking

CORRECTION - RBC to Acquire Premiere U.S. Private and Commercial Bank

RBC supports a broad range of community initiatives through donations

Intesa Sanpaolo's private bank plan may save divi

Italy is rarely top of mind as a private banking destination, though plenty of local lenders and insurers ply their trade in its over-banked market.

Baer CEO Collardi Says Not Among Bidders for RBS’s Coutts Unit

Asked whether the bank is considering a bid for Coutts International, he said, “we are looking from the outside for the time being.”

Resumption of Royal Mint Refinery Branded Bullion Products Announced

The Royal Mint have announced that after an absence of 47 years from the bullion bar & ingot product field, they will resume production of these items with the exclusive RMR or Royal Mint Refinery brand proudly displayed.

Citywealth IFC Awards winners announced

The Citywealth International Financial Centre Awards took place last night at the Grange City Hotel in London

J.P. Morgan's Dimon slated to receive pay increase

The details of Mr. Dimon's pay package are expected to be released Thursday.

St. James’s Place Started Talks to Explore Middle East Base

The company reported 1.38 billion pounds ($2.1 billion) of net inflows in the fourth quarter, sending assets under management to a record 52 billion pounds, according to a statement.

The growing issue of social media for wealth managers

Undoubtedly firms have to preserve their image and the episode once again underlined the fact that most companies do not yet have a formal procedure in place for dealing with social media.

Morgan Stanley says wealth business to hit profitability target

Morgan Stanley brushed off the decline as a one-time event reflecting the accelerated payment of $88 million of bonus money to wealth executives in the quarter.

Wealth and Asset Management