Managers of Wealth

Duo exits EFG to set up external asset manager

Two EFG executives, including the Asia head of investments of the funds arm, are leaving the Swiss bank to set up an external asset management business next month.

A Swiss fantasy

Perhaps one of the worst attributes of modern Pakistani political discourse is virtually an absolute lack of a sense of proportion and a cavalier attitude towards accuracy and plausibility of numbers.

Investec’s ‘One Place’ strategy pioneers banking and investing beyond borders

So, for example, a client could see in one platform their offshore Swiss accounts, their rival banking institutional accounts, their UK credit card balance, the value of their art, vintage cars or race horses, and their share options.

Switzerland's Raiffeisen eyes firms managing assets

He said it was easier to grow in the asset management sector than private banking at the moment, due to uncertainty surrounding tax issues.

Is Switzerland really the country of bankers?

Professions are not usually associated with a particular country, yet everybody has heard of the 'Swiss banker'.

Pictet in profit as wealth manager reveals results for first time

Pictet, which is still owned by eight partners, did not provide any comparisons with previous periods, saying that it had changed its accounting method this year.

Pictet in profit as wealth manager reveals results for first time

Pictet, which is still owned by eight partners, did not provide any comparisons with previous periods, saying that it had changed its accounting method this year.

Goldman Plans Smaller New-Partner Class

A handful of outsiders are hired annually with that title.

Lichtenstein-based private bank pulls Swiss arm out of US programme on tax evasion

A spokeswoman for the bank said it had set aside 3 million Swiss francs ($3.3 million) in provisions for the investigation.

Pictet Lures Competitors’ Clients in Swiss Bank Turmoil

Swiss private banks are preparing for an increase in acquisitions after declining profitability and provisions for a U.S. Justice Department probe into tax evasion hurt earnings.

FCA review of the use of in-house funds among wealth managers is gaining momentum

Wealth Manager can reveal the review has entered its second stage and will see the regulator conduct so-called 'deep dive' audits amongst a number of private client investment divisions that allocate large sums to internal funds.

RBS could split Coutts International to woo Asian buyers

RBS will start the process saying they are selling it as a whole

Morgan Stanley managers depart amid reorg

A number of Morgan Stanley Wealth Management directors have left the firm amid a reorganization of the managed-accounts unit and streamlining of operations

Seven things you should know about Raja Sharma

Sharma is managing director for Merrill Lynch Private Banking and Investment Group

Wine doyenne Philippine de Rothschild dies aged 80

She also owned, along with her three children, the wine houses of Chateau d'Armailhac and Chateau Clerc Milon.

Best private bank for Asia announced

Asia now accounts for half of the private bank's global structured product sales.

Adviser Bonuses Add Up to Billions at Morgan Stanley, UBS

Morgan Stanley Wealth Management now has a combined $5.2 billion outstanding in forgivable loans to advisers–which works out to $321,402 per adviser in its ranks, InvestmentNews says.

Geneva Banks Break 200-Year Silence to Unveil Earnings

Switzerland’s two largest closely held banks are poised to publish their earnings after two centuries of secrecy.

Jersey-based trust company opens NY office

Second representative office in the USA, adding New York City to its well-established presence in Miam

Ukraine’s president prepares to sell assets via Rothschild-report

His main asset is confectionery Roshen, one of the world’s top-20 largest

Wealth and Asset Management