05/14/2014
Old Mutual poaches new FD from South African Nedbank
Group Finance Director Succession and appointment of Chief Operating Officer to the Board
Wealth and Asset Management
05/14/2014
PwC & ING to launch new 'sporting family consulting service'
The shared expertise and philosophy that PwC and ING are offering will provide a fresh approach and we’re delighted that they’ve chosen Soccerex as the event to present it to the industry.
05/14/2014
Swiss private banking group cuts jobs
The bank said the acquisition contributed to a 4% increase in total assets under management in the first four months of this year, to 264 billion Swiss francs ($297 billion).
05/14/2014
Julius Baer says four-month assets rise, net new money on track
It cut roughly 100 staff in the first four months
05/14/2014
Oh no it's a 'Yes'! What wealth managers are telling Scottish clients
Not only will the political fallout from independence be immense, it could also have major financial implications
05/14/2014
Rothschild closes Five Arrows credit fund on €415m
The fund adds to the series of debt vehicles to have closed successfully in recent months, on the back of strong investor demand for credit solutions.
05/14/2014
New consultancy company targets international wealth management industry
He has returned to the industry with the launch of his own business consultancy company, Landmark Financial Solutions.
05/14/2014
The monumental overhaul at Barclays means its wealth division has grown in significance
Will Barclays ultimately regret its sub-500k decision?
05/14/2014
HSBC says bonus for chairman capped at 1 million pounds
Banking group HSBC Holdings Plc has attempted to head off investor criticism over a new pay plan, capping any share bonus for its Chairman Douglas Flint this year at 1 million pounds and saying it would be a one off.
05/13/2014
SEI Wealth Platform Extends Strategic Partnership With Towry
SEI announced today that Towry, the wealth adviser, has extended its contract with the company for an additional seven years, until July 2021.
05/13/2014
Advisers Scramble as Firms Trim Overseas Business
Ileana Platt was put in a bind when Barclays PLC announced plans to pull out of the Latin American market for wealth management services.
05/13/2014
Noah Holdings Tops Q1 EPS by 4c
Noah Holdings Limited is a leading wealth management service provider focusing on distributing wealth management products
05/13/2014
Wealthy property investors set to target less obvious city locations, report suggests
Melbourne, Tel Aviv and Chicago could outperform other prime property markets in top world cities in the next few years as global investors seek alternative locations, it is claimed.
05/13/2014
London brokerage sets up wealth management arm
London-based brokerage has launched a new wealth management arm.
05/13/2014
businesslife.co Wealth Edition now online!
Issue 32 of businesslife.co – the Wealth Edition 2014 – will be published later this week, but for those readers looking for a sneak preview, it is now available to view on the businesslife.co website.
05/13/2014
Nedbank posts Q1 net interest income growth
Net interest income for the three months ended 31 March 2014
05/13/2014
Demand for private bank talent ‘near crisis point’
The shortage of relationship managers has become acute against increasing client wealth over the past five years, writes Scorpio Partnership.
05/13/2014
Harrods Bank set to launch into the broker market
It currently provides mortgages on variable rate interest terms
05/12/2014
China should straighten out its wealth managers, says central bank
Fuelled by savers' and companies' thirst for higher returns, China's wealth management sector has exploded in recent years.
05/12/2014
Barclays Wealth arm folded into retail unit
Barclays Wealth & Investment Management will cease to exist as a standalone business as part of a strategic overhaul aimed at improving profitability.