10/05/2014
RBS 'will stop Coutts International buyer using brand'
Royal Bank of Scotland hires Goldman Sachs to find buyer for internation arm of private bank, according to reports
Wealth and Asset Management
10/05/2014
Private jets expensed using hedge fund fees
“We have seen some very bad examples, such as hedge funds paying salaries from the funds and private jets put through the fund expenses,” said Ed Francis, head of investment for Europe, the Middle East and Africa at Towers Watson, a consultan
10/05/2014
Private Banking Special 2014: State Of The Wealth
Private Banking in the region is set to grow further this year, as nationals switch from protecting their wealth to growing it.
10/05/2014
Foreign parents pulled a gun in desperation to get their son into Eton ... while others try expensive cars or cash bribes for public school places
Pushy foreign parents desperate to get their children into top boarding schools in Britain are taking drastic measures to secure their places.
10/05/2014
Online challenge to wealth manager fees
SCM Private last week launched three consumer wealth platforms targeting different investors and offering a range of portfolios
10/03/2014
UK now main rival to Swiss private banks
Britain’s emergence as the strongest European rival to Switzerland for private banking and wealth management has been highlighted by figures showing that UK assets under management rose 11.4 per cent to £524.4bn last year.
10/03/2014
RBS hires Goldman for Coutts International sale
By refusing to give any bidder or joint venture partner rights to the Coutts brand, RBS is likely to put off most private equity investors, unless they already own a private bank to which they could transfer its customers.
10/03/2014
Hargreaves Lansdown names bespoke DFM partners
It has carried out due diligence on a number of wealth managers and has formally endorsed the two firms, to which it recommends advisers refer bespoke discretionary asset management clients.
10/02/2014
Guernsey delegation set to embark on two-week tour of Asia
Representatives from Guernsey are heading to Hong Kong and mainland China during the next fortnight to reinforce the Island's financial services offering to current and prospective Asian contacts.
10/02/2014
Brewin Dolphin in Manchester pledge
The Manchester office of wealth manager Brewin Dolphin is on target to double funds under management within three years.
10/02/2014
Deutsche Asset & Wealth Management Opens new Private Banking office
Deutsche Asset & Wealth Management (DeAWM) announced today the opening of its Private Bank in Dallas
10/02/2014
Local banks urged to look at Islamic wealth management
Offshore funds within the region are expected to grow at 10% annually and Malaysia should consider either to establish an offshore or onshore Islamic wealth management hub.
10/02/2014
Malaysia Has First-mover Advantage To Develop Islamic Private Banking Market
Malaysia has the first-mover advantage to develop the untapped Islamic private banking market and further develop the niche segment of private banking in general.
10/01/2014
International Wealth Managers Are Flocking To Silicon Valley
This is a boom time for these markets
10/01/2014
BBA says exclude HNW clients from new LTI cap
The British Bankers’ Association has urged the Bank of England to exclude high-net-worth clients from its new LTI cap.
10/01/2014
Janus Corporate Solutions rebrands as Hawksford – GuideMeSingapore.com
Established in 2009, Janus is a leading corporate services business, providing corporate secretarial, tax and accountancy, business support and immigration services.
09/30/2014
Barclays private bank forecasts double-digit growth in Middle East
The importance of the Middle East business is increasing
09/30/2014
Old Mutual Wealth's Feeney: Standalone platforms 'no longer viable'
Old Mutual Wealth has sought to expand its presence across the distribution chain over the past year
09/30/2014
AES International launches expat mortgage offering for HNW's living and working overseas
The new service is aimed at investors with at least £1m of borrowing requirements, but AES International and Nedbank Private Wealth allow their clients to split this borrowing across property and investment portfolios so the clients can benefit from
09/30/2014
Societe Generale Securities Services launches fully integrated Wealth and Investment Management Outsourcing Solution in the UK
To remain competitive, managers are increasingly looking to outsource operational functions, leverage providers to reduce the costs associated with maintaining their back-office systems, and develop web functionalities.