03/30/2015
ABN Amro Executives Renounce Pay Rises
Move follows criticism from Dutch lawmakers
Wealth and Asset Management
03/30/2015
Canaccord boss 'serious but improving' after hospitalisation
Chairman David Kassie will assume the role of CEO on an interim basis until Mr. Reynolds is able to resume his duties.
03/30/2015
Jersey's transnational role highlighted at City Week
During the session, panellists discussed financial regulation, corporate governance, and jurisdictional competition, and agreed that collaboration between international finance centres was highly desirable.
03/29/2015
Black money: Swiss banks seek fresh undertakings from Indians
According to sources, HSBC has been asked by Indian authorities to show cause why action should not be initiated against it in case of non-cooperation with regard to "suspected tax evaders and offenders of tax crimes"
03/29/2015
Find out why 1MDB’s RM4 billion parked in Singapore bank, says veteran journalist
He said BSI was a Lugano-based Swiss private bank that became part of Brazilian group BTG Pactual last year, and was previously owned by Italian insurance giant, Assicurazione Generali SPA.
03/29/2015
‘StanChart should move to Asia from UK on rising costs’
Standard Chartered should relocate to Asia as the expense of being based in London has become punitive after the UK raised its bank levy an eighth time
03/29/2015
Swiss group Dufry snaps up Italian rival
The holding company owned by the Benetton family
03/29/2015
Swiss banking model is ‘dead’, says Abu Dhabi finance centre chief
His comments come as the centre of gravity of such institutions has shifted palpably from west to east, and as Asia is developing its own bodies to rival those in the west, such as the China-led Asian Infrastructure Investment Bank.
03/27/2015
European Wealth targets Asia Pacific
The drive will be led by stockbroker James Igoe, previously of Hume Capital
03/27/2015
Gentoo Fund Services expands into Europe
Having gained regulatory approval, the 13 strong Luxembourg team will continue to serve existing clients, supported by Gentoo’s 29 employees based in Guernsey. The company will be renamed Gentoo Financial Services (Luxembourg) S. A.
03/27/2015
Credit Suisse hiring as wealth management goes digital
When Credit Suisse rolled out a new online private banking platform in Asia earlier this month, it trumpeted a bevy of benefits for wealthy clients in the region.
03/27/2015
Aberdeen Asset Management purchases of remaining stake in joint venture
The transaction is a part of Aberdeen's strategy to consolidate and strengthen further its alternatives platform
03/27/2015
Winners Of WealthBriefing Swiss Awards 2015
Outstanding practitioners from the world of Swiss wealth management were honoured at a gala evening yesterday at Geneva’s Hotel President Wilson.
03/27/2015
Russian Investors Take Conservative Approach To Wealth
The number of wealthy Russian investors employing a conservative wealth management strategy has more than quadrupled in two years, according to a report due to be released by Campden Research next week.
03/27/2015
International wealth manager launches ‘aggressive’ assault on UK market
“It remains unusual for internationally focused advisory firms to develop extensively in the UK.
03/26/2015
Credit Suisse Embraces A Boutique Approach
The asset manager focuses on its strengths to snare a larger role in managing Asia’s wealth
03/26/2015
UBS eyes Asia for wealth management growth, says Swiss bank chief
UBS AG, the world's biggest wealth manager, expects Asia Pacific assets to account for as much as 30 per cent of the funds it oversees within the next 10 years, the Swiss bank's chief executive said.
03/26/2015
Beauty No More: Assets of Chinese Restaurateur Frozen Over Dispute With CVC
Chinese restaurant group South Beauty has a lofty ambition. Its founder Zhang Lan loves to tout her chain as the future “Louis Vuitton” of the global dining market.
03/26/2015
Northwestern Mutual buys LearnVest to boost wealth management
Created in 2009, LearnVest has raised nearly $75 million in venture financing
03/26/2015
Tracking down the world’s super rich
While the marketer has a chance of knowing who the ideal customer is—in great detail—the real problem is access.