10/07/2014
Arbuthnot Latham Dubai celebrates first anniversary
Arbuthnot Latham today celebrates the first anniversary of the opening of its Dubai international office.
Wealth and Asset Management
10/07/2014
Vistra Acquires Qubus Management AG
The acquisition will bring Vistra’s combined staff numbers in Geneva, Zürich and Zug to eighty four
10/07/2014
Ultra-Wealthy “Millennials” Are Idealistic, But Not Alienated; Challenge Stereotype of the “Idle Rich”
Morgan Stanley Private Wealth Management/Campden Wealth “Next Generation” Survey Looks at Families Ranging in Net Worth from $25 million to Over $100 MillionMost Next-Gen Wealthy Look to Manage Wealth the Old-Fashioned Way, Via Advisors
10/06/2014
DBS completes deal for Societe Generale's Asian private banking wing
With the acquisition, DBS said it now has S$88 billion in high net worth assets under management and S$129 billion in assets under management for all wealth customers.
10/06/2014
Banque Havilland acquires Liechtenstein private bank
The acquisition support the strategy of the Banque Havilland , build an international private banking group, which had specialized in high net worth individuals , particularly from regions with high growth potential .
10/06/2014
Societe Generale expands its private banking offering in Croatia
Splitska Banka, the subsidiary of the Societe Generale group in Croatia, is expanding its private banking offering for top-tier wealth management clients, supported by the expertise of Societe Generale Private Banking (SGPB).
10/06/2014
Private Banking Special 2014: Cost, Consolidation And Complexity
Only firms with the required capital, platform, profitability and a clear strategic focus will be successful in this competitive industry, writes the head of J.P. Morgan Private Bank for the Middle East.
10/06/2014
Speakers confirmed for Guernsey Trusts event
The full speaker line up has now been confirmed for Businesslife Events' Guernsey Trust Conference: ‘Trust is only the beginning’.
10/05/2014
Julius Baer plans final Merrill cuts
Mr Collardi said: “We still have a tail of people that have to leave the company as a result of the Merrill transaction. [They] know who they are and will be leaving us by the end of this year.”
10/05/2014
RBS 'will stop Coutts International buyer using brand'
Royal Bank of Scotland hires Goldman Sachs to find buyer for internation arm of private bank, according to reports
10/05/2014
Private jets expensed using hedge fund fees
“We have seen some very bad examples, such as hedge funds paying salaries from the funds and private jets put through the fund expenses,” said Ed Francis, head of investment for Europe, the Middle East and Africa at Towers Watson, a consultan
10/05/2014
Private Banking Special 2014: State Of The Wealth
Private Banking in the region is set to grow further this year, as nationals switch from protecting their wealth to growing it.
10/05/2014
Foreign parents pulled a gun in desperation to get their son into Eton ... while others try expensive cars or cash bribes for public school places
Pushy foreign parents desperate to get their children into top boarding schools in Britain are taking drastic measures to secure their places.
10/05/2014
Online challenge to wealth manager fees
SCM Private last week launched three consumer wealth platforms targeting different investors and offering a range of portfolios
10/03/2014
UK now main rival to Swiss private banks
Britain’s emergence as the strongest European rival to Switzerland for private banking and wealth management has been highlighted by figures showing that UK assets under management rose 11.4 per cent to £524.4bn last year.
10/03/2014
RBS hires Goldman for Coutts International sale
By refusing to give any bidder or joint venture partner rights to the Coutts brand, RBS is likely to put off most private equity investors, unless they already own a private bank to which they could transfer its customers.
10/03/2014
Hargreaves Lansdown names bespoke DFM partners
It has carried out due diligence on a number of wealth managers and has formally endorsed the two firms, to which it recommends advisers refer bespoke discretionary asset management clients.
10/02/2014
Guernsey delegation set to embark on two-week tour of Asia
Representatives from Guernsey are heading to Hong Kong and mainland China during the next fortnight to reinforce the Island's financial services offering to current and prospective Asian contacts.
10/02/2014
Brewin Dolphin in Manchester pledge
The Manchester office of wealth manager Brewin Dolphin is on target to double funds under management within three years.
10/02/2014
Deutsche Asset & Wealth Management Opens new Private Banking office
Deutsche Asset & Wealth Management (DeAWM) announced today the opening of its Private Bank in Dallas