Managers of Wealth

UBS Boosts Bonuses for Top Teams in 2016

All members of a team meeting the hurdles will individually receive payouts based on what the team’s highest producer receives, UBS says

CIBC Possibly Eying Greater Role In U.S. Wealth Management Space

Chief Executive Officer Victor Dodig has sought to expand CIBC’s U.S. wealth-management business, earmarking as much as C$4 billion $2.87 billion as recently as October to pursue takeovers.

Moody's affirms the ratings of Nedbank Private Wealth with stable outlook

Concurrently the rating agency has affirmed the bank's Baa3/P-3 deposit ratings and the Baa2 cr/P-2 cr long- and short-term Counterparty Risk Assessments; the outlook on the deposit ratings remains stable.

Gaming billionaire exits stokes Crown buyout talk

The move comes amid mounting speculation that talks are continuing to privatise Crown Resorts.

Rich clients for sale as HSBC appoints advisers to help it clean house

The move to reduce the private bank comes after Stuart Gulliver, chief executive of HSBC, unveiled plans in the summer to help simplify the global group and focus on core markets, including Asia.

Startups Have Become Asset Class for Wealth Managers

Many private wealth management firms are also approaching wealthy clients as a product mix in the asset allocation portfolio.

New partnership to expand Wealth Management Services in the GCC market announced

The partnership enhances TAKAUD's investment platform with the addition of Mirabaud fund range, including some of the top performing flag-ship funds.

Wiener Privatbank acquires banking operations of Valartis Bank (Austria)

The issuer is solely responsible for the content of this announcement.

Nomura Said to Seek Stake in American Century for $1 Billion

The Japanese firm is seeking to expand its capabilities to sell products to pension funds and insurers, and enter private banking and retail markets in the U.S

Wealth manager plans European acquisitions

Declined to provide details of potential acquisition targets.

What Does A Friendly Relationship Between Trump And Putin Mean For Rich Russians?

Russian President Vladimir Putin speaks during his end-of-year news conference in Moscow

Dealmakers are Banking on Asset Management

Dealmaking in the asset management space is underscored by Loeb president Jamie Kempner's recent strategic alliance

UAE's ultra-high net worth individuals on average give over US$10 million in their lifetime, according to new report

Global philanthropic giving among the world's ultra wealthy totaled US$112 billion in 2014

Thiam’s grab for bigger slice of Asia pie brings costs, risks

The 53-year-old Ivory Coast native was brought in to rebuild investor confidence and improve returns squeezed by tougher capital standards.

Wealth Manager of the Year 2015 - Gemini Wealth Management

Gemini Wealth Management have announced that as well as being shortlisted for the Professional Adviser - Adviser of the Year (Midlands) 2016 they have also been awarded Wealth Manager of the Year UK at the 2015 Finance Awards from Wealth & Finance Int

Wealth and Asset Management