Managers of Wealth

Safra Bank Acquires Additional Acquisitions

Safra Sarasin has set aside funds to deal with a United States Justice Department disclosure program for Swiss banks

Luxembourg unshaken after tax regime overhaul

“For the time being we have witnessed stability in private banking which is very reassuring,” Mr Gramegna said.

Rockefeller & Co. Wins Responsible Investing Category At Family Wealth Report Awards 2015

The awards showcase providers in the global private banking, wealth management, and trusted advisor communities

HSBC chief says bank must be managed better, not smaller

HSBC chief executive Stuart Gulliver insisted on Monday that the global banking giant is not too big to manage

Investec launches private office for HNWIs

Investec W&I divisional director private office Andrew Butler-Cassar, says: “Private Office addresses a clear market need for an integrated service targeting successful entrepreneurs and business owners, the sports and media sectors and those sp

Multrees selected by AllianceBernstein's retirement income solution

We selected Multrees as they provided the best technology and service combination allowing us to offer a solution that all defined contribution scheme members between 55 to 75 can access cost-effectively irrespective of the amount of their pension savings

Old Mutual Wealth’s model portfolio hits £1bn AUM

Old Mutual Wealth’s WealthSelect Model Portfolio Service has exceeded the £1bn mark in assets under management, of which £450m has been directed towards pension accounts.

RBC and the Old Vic Announce New Partnership

RBC and The Old Vic today announced that RBC will become the theatre’s Principal Partner. RBC commits to sponsoring more than 15 productions over the next three years.

SGPB Hambros seek to bridge digital divide with client portal

‘This new service not only represents a significant milestone in our digital transformation strategy, but also in our commercial strategy,’ said SGPB Hambros chief executive Eric Barnett

Global Finance Names Butterfield ‘Best Bank’

Brendan McDonagh, Butterfield’s Chairman & Chief Executive Officer said, “We are honoured to have been named best bank in Bermuda in Global Finance’s listing of the world’s best developed market banks.

UBS targets 15 percent asset growth in Asia-Pacific: Zeltner

The main driver of growth in Asia was undoubtedly Chinese wealth, with China now representing UBS' biggest private banking market outside its home of Switzerland and the United States, Zeltner, the Swiss executive said.

The biggest wealth management stories of the year so far

The start of 2015 has proved to be a busy few months for the wealth management space

Webster's Wealth Management Business Falters

The drop from the previous quarter was due to lower unanticipated volume in Webster Investment Services

UBS confirms wealth management review

UBS has launched a review of its Australian wealth management business, the chief executive of the Swiss bank's wealth management division has confirmed.

UBS revamps products, intermediaries divisions

The Swiss bank is integrating its global financial intermediaries unit with its investment products and services division. It has also appointed a new head of investment products and services for Asia Pacific.

Morgan Stanley Executive to Co-Host TV Show

SkyBridge Capital, a firm that invests client money into hedge funds, said in February that it planned to relaunch the show through an affiliate.

Breaking the banks: Tax jump may drive HSBC, StanChart away from UK

Several investors told Reuters they want the two banks to do a thorough analysis on whether it makes sense to move after Britain raised the bank tax by a third last month.

Towry to launch online services

The chief executive of Towry, the acquisitive wealth manager and financial planner, says the group is close to launching online services for its clients, as it reveals sharp increases in assets under management and revenues for 2014.

StanChart targets corporate customers for growing private banking unit

Standard Chartered's private bank has had a full year figuring out how it would grow and where that growth would come from.

Some banks tried to renege on deals after SNB's policy U-turn

After the Swiss National Bank abandoned its price cap on the franc in January, some dealers such as Bank of America Corp , Barclays Plc and Goldman Sachs Group Inc approached customers about changing some trades

Wealth and Asset Management