06/09/2015
UBS Increases Stake in China Securities Joint Venture
Swiss bank completed purchase of additional stake in February
Wealth and Asset Management
06/09/2015
HSBC Investor Update
HSBC is undertaking a significant reshaping of its business portfolio
06/09/2015
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
06/08/2015
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
06/08/2015
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
06/08/2015
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.
06/08/2015
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
06/08/2015
Rise of the trust fund kids who loaf, paint and write
James Merrill was born rich "whether I liked it or not"
06/08/2015
Swiss private bank bets on tie-ups to boost Asia growth
Magnenat projected double-digit growth in Asia
06/08/2015
Barclays' US wealth unit changes hands
As of May 31, 2015, Barclays had approximately 180 financial advisors in the U.S.
06/08/2015
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.
06/08/2015
Smart Beta Critics “Supping on Thin Gruel”
The “futurewealthy”—those with an average net worth of $2.7 million today—prefer to work with a relationship manager
06/08/2015
Opinion: How to make money on expensive art if you aren’t a millionaire
The benefits from this favorable tailwind, recently confirmed by a huge $2.3 million insider purchase by a Sotheby’s director
06/08/2015
Why Financial Advisors And Insurance Agents Need To Forge Partnerships With Accountants
This is usually the case for all sorts of clients, but its even more fundamental when it comes to high-net-worth clients.
06/08/2015
BNP Paribas Investment Partners adds three new thematic SRI strategies to Parvest range
BNP Paribas Investment Partners has announced the addition of three innovative Socially Responsible Investment (SRI) strategies to its Parvest range, investing in themes considered to be key future social, economic and environmental challenges.
06/07/2015
Chinese online gaming company wins $2.3m Buffett lunch
Beijing-based Da Lian Zeus Entertainment Company was the top bidder in an online auction of a steak lunch with Warren Buffett
06/07/2015
Weatherbys boss: 'We have records on every horse going back to 1791...that sort of data is invaluable, it gives us an edge'
Riding a horse in the Derby comes with its own pressures but that’s nothing to being the latest member of the Weatherby family to run the 245-year company which bears your name
06/05/2015
The winners of the 2015 Private Banker International Awards are...
Private Banker International has revealed the winners for the 2nd annual Private Banker International Awards: London 2015.
06/05/2015
Credit Suisse expands Canadian energy team
Senior Credit Suisse executives said on Thursday the bank is putting together an acquisition and divestiture team that will initially be comprised of two or three members, and that is likely to be expanded in time.
06/05/2015
5 Ways to Keep HNW Clients
Many advisors shift their focus to keep high-net-worth clients happy but they can shift too far and lose their value in clients' eyes. They often forget that clients are looking for their unique services.