06/27/2013
HSBC has been embroiled in a string of scandals, including allowing itself to be used to launder Mexican and Columbian drug money, manipulation of benchmark interest rates such as Libor and the mis-selling of financial products.
06/27/2013
Banks should segregate their wealth management service activities by setting up a separate department or division
06/27/2013
UBS launches 2 and a half year refurbishment
06/27/2013
An in-depth research and editorial program aimed at identifying the key drivers of success for CPAs who offer wealth management and financial planning services.
06/26/2013
Wealth managers Turn to Hedged Mutual Funds
Wealth managers are putting more client money into mutual funds that use hedge-fund strategies
06/26/2013
The St. Galler Kantonalbank, SGKB, strengthens its core business and will focus on the domestic market in Eastern Switzerland and the markets rest of Switzerland and Germany.
06/26/2013
These dynamics are further compounded by shifting demographics and existing challenges around operations, technology, and talent management.
06/26/2013
London ‘third most successful financial centre in wealth management’
Switzerland held its spot as the number one city for wealth management and private banking activities in the survey
06/26/2013
Despite the increased tax liabilities of high value property owners in London the city still remains an extremely attractive location and investment opportunity for overseas buyers.
06/26/2013
Signature Bank in N.Y. Hires Citgroup Private Banking Team
Signature Bank in New York City has hired a private-client team from Citigroup (NYSE: C) and added two more bankers to head its existing groups.
06/26/2013
This report seeks to identify the current state of asset management with regard to social media usage
06/26/2013
The Swiss wealth management boutique Falcon Private Bank has signed an agreement to acquire the Central and Eastern Europe private banking business of Hyposwiss Private Bank Zurich
06/26/2013
The Old Mutual UK Alpha Fund has been added to the Wealth 150 list of our favourite funds across the major sectors.
06/26/2013
The appointment of a new fund manager by Nedgroup Investments has created a strong business and investment link between the Isle of Man, South Africa and the United States.
06/26/2013
The DPS team will be headed by Simon Pinckney, who has more than 25 years’ experience in financial services.
06/25/2013
Asia’s Wealth Is an Elusive Target for Private Bankers
So far, global banks have focused on setting up hubs in Hong Kong and Singapore as centers for wealthy Asians from China, Taiwan and Indonesia to preserve and manage their wealth.
06/25/2013
UBS Says QE's End May Render Gold 'Obsolete'
"With the Fed indicating that economic downside risks have diminished,
06/25/2013
US institutions to expats: 'Take your retirement account elsewhere – now'
First American expatriates were told that their bank accounts weren’t welcome, either in the US or in their new countries of residence
06/25/2013
Independent financial advisory service the deVere Group has today confirmed the appointment of Peter Hobbs as a non-executive director to its board, with effect from 1st July 2013.
06/25/2013
Macquarie sent a memo to its private wealth advisers last week telling them they don’t get bonuses any more unless they make the bank enough in portfolio management fee