10/28/2014
Butterfield did not detail the purchase prices or the properties it was referring to, but it said non-performing loans fell by $23 million as a result of the deals, offset by “modest deterioration in the residential mortgage book”.
10/27/2014
Wealth Management department at BNP Paribas bank has won the prize for “outstanding private bank in Europe” at the 2014 Private Banker International Awards, the bank announced in a Friday statement.
10/27/2014
French-Israeli financier Thierry Leyne reportedly jumped off the 23rd floor of the luxury Yoo residential towers.
10/27/2014
Canadian financial institutions have big advantages when it comes to attracting wealthy investors.
Royal Bank of Canada and its peers are devoting more effort to building private banking franchises everywhere from the U.S. to Asia.
10/27/2014
Growth in number of billionaires has seen more private banks set up shop in Hong Kong to service demand for offshore investment
10/27/2014
When Nandita Agarwal Parker started her India hedge fund a decade ago, all investors in the U.S. wanted to talk about were her children and her husband.
10/27/2014
There was a time when life insurance agents provided life insurance, investment advisors provided money management, accountants did tax work, attorneys did legal work and so on and so forth.
10/27/2014
Launch marks important step in BIL 's international expansion
10/27/2014
Wealth firms are growing concerned a regulatory crackdown on bonuses within the UK banking sector could end up impacting the investment management industry.
10/27/2014
Old Mutual Wealth is to establish a close relationship between adviser network Intrinsic and Quilter Cheviot after it agreed a £585m deal to acquire the discretionary manager.
10/26/2014
Nedbank Private Wealth shortlisted for the inaugural GCC region awards
Nedbank Private Wealth was recently voted Best in Class for Integrated Banking Service for the second year running in the Professional Adviser International Fund and Product Awards.
10/26/2014
Between Wealth Generation and Preservation
Traditionally, the Middle East has been a classic offshore private banking market served out of centres like the UK and Switzerland
10/24/2014
We were afraid that if our staff go in, they can’t come out
10/24/2014
Credit Suisse is to make more cuts at its investment bank, which helped the Swiss group to produce stronger-than-expected earnings in the third quarter.
10/24/2014
CEO of Citi’s Private Bank in Asia says the wealthy seek external advice, but transparency is key
Citi Private Bank bucks the trend with customers who have investable assets of $10 million or more – and a net worth of $25 million or more.
10/23/2014
Good wealth advisers are hard to find
“As a boutique organisation, we don’t have a brand that people are naturally attracted to, and we need to find people that really relate to a very bespoke culture and ethical standard. It’s very, very hard.”
10/23/2014
UBS looking for millionaires in an unlikely place
While average incomes are 27 percent lower on the north side of Victoria Harbour than on Hong Kong Island
10/22/2014
Beware the potential pitfalls of taking a senior role in wealth management
Directors and chief executives across financial services companies must now take greater personal responsibility for the actions of their company.
10/22/2014
BNY Mellon WM in Hong Kong wealth management push
Bank of New York Mellon’s Hong Kong unit is launching a major wealth management initiative, joining a host of US-based banks seeking to expand their fee-based investment services
10/22/2014
Saunderson House named best city firm for complex wealth management
The awards seek to “recognise the achievements of those working within the investment and financial services community”, and those who are “going above and beyond to help their clients protect and make the most of their hard-earned money