Managers of Wealth

The Association of Swiss Private Banks - 2014 Annual Report

The Swiss financial centre should take action

Wealthy Indians eye investment avenues abroad

Family offices seeking RBI approval to invest in offshore equities, REITs and other hybrid fixed income vehicles

Swiss Bankers Losing Secrecy Helps Image Abroad, Finma CEO Says

Swiss banks that aren’t dependent on the country’s crumbling financial secrecy laws may find international expansion easier than those that sold hidden accounts in the past,according to Switzerland’s financial supervisor.

Rothschild quits coal foray

FINANCIER Nat Rothschild has said he will never again invest in Indonesia’s coal industry after selling his stake in Asia Resource Minerals to an Asian bidder.

Coutts International looks to add multi-asset funds in Asia

The Singapore-based private banking business sees increasing demand for multi-asset solutions from its Asia clients,and is looking to beef up its product range accordingly.

Merrill Lynch pivots to mildly affluent clients

Their ability to automatically rebalance client portfolios so that they meet investors' risk appetites and goals have likely attracted the affluent

Coutts one of the first banks to offer Apple Pay to clients

Coutts clients will be amongst the first in the UK to use Apple Pay when it launches in the UK.

Bahamas Financial Services Competitive Model Not Easily Duplicated Says Minister Strachan

The Minister affirmed she is committed to working with what has been provided

DBS aims for S$100b in private banking assets in less than 3 years

Singapore's DBS Group Holdings DBSM.SI is aiming for a 40 per cent jump in its private banking assets to $100 billion in less than three years, fueled by the growth of millionaires in the Greater China region and in its home market.

UBS Increases Stake in China Securities Joint Venture

Swiss bank completed purchase of additional stake in February

HSBC Investor Update

HSBC is undertaking a significant reshaping of its business portfolio

Old Mutual to bolster funds by selling stake in asset manager

Old Mutual, the FTSE 100 listed insurer, is to bolster its funds with the sale of a tranche of shares in Old Mutual Asset Management in the US

China Merchants' explosive private-banking growth sets up global expansion push

Surge in assets under management at wealth operation this year buoys hopes for international expansion targeting Chinese customers abroad

Osborne to signal bank levy retreat in olive branch to HSBC

George Osborne is set to review the bank levy to keep Britain’s biggest banks in the country

Private Banking in the Digital Era

The increasing role of technology in private banking has upset the old tried and trusted ways of doing business “Twenty years ago, only sophisticated financial intermediaries could afford powerful data tools.

Credit Suisse’s de Ferrari driven by region's wealth

Credit Suisse’s Asia Pacific private banking head Francesco de Ferrari is looking to bulk up the firm’s assets under management in the region

Rise of the trust fund kids who loaf, paint and write

James Merrill was born rich "whether I liked it or not"

Swiss private bank bets on tie-ups to boost Asia growth

Magnenat projected double-digit growth in Asia

Barclays' US wealth unit changes hands

As of May 31, 2015, Barclays had approximately 180 financial advisors in the U.S.

Rethinking wealth management's regional race

All have been busy in recent months, acquiring businesses, recruiting staff, establishing regional footholds from scratch, and in some cases an amalgamation of all three.

Wealth and Asset Management