02/13/2014
Morgan Stanley sets big goals for wealth management unit
Boosting AUM to about $500B by the end of 2016 from $373B at the end of 2013 is "very achievable," says MS Wealth Management boss Greg Fleming, presenting at a Credit Suisse conference.
02/13/2014
StanChart set to sell Swiss private bank
Standard Chartered is looking to sell its Swiss private bank as part of its plan to get rid of several non-core businesses as it sharpens its focus on Asia, Africa and the Middle East.
02/13/2014
BNP Paribas, France's No. 1 listed bank, reported a 76 per cent drop in quarterly profits on Thursday after booking a US$1.1 billion litigation provision in case it faces fines for breach of U.S. sanctions.
02/13/2014
Businesslife Events has finalised the speakers for its forthcoming trust forum, ‘Trust is only the beginning’, which takes place in Jersey on Wednesday 2nd April.
02/13/2014
The change in name follows the confirmation of the sale of the Franco-Belgian bank’s asset management unit to New York Met Life Investments earlier this month.
02/13/2014
Behavior is a new pay metric at leading international wealth manager
U.S.-based wealth advisers are no longer getting paid solely on how much money they bring in. Going forward, their compensation could be docked for misconduct.
02/13/2014
The head of a major Scottish fund manager, Aberdeen Asset Management said the firm has no plans to relocate its base in the face of a forthcoming referendum on Scottish independence.
02/12/2014
With Taiwan's de-regulation of the offshore banking unit business, Citibank Taiwan announced yesterday its further expansion in Taiwan's OBU wealth management business by partnering with Allianz Global Investors Hong Kong Ltd., Value Partners Lt
02/12/2014
Shares of Société Générale, which have gained about 40 percent over the last 12 months, rose more than 4 percent in Paris trading on Wednesday morning.
02/12/2014
Positive tone from management
02/12/2014
Citi Private Bank advises the world's wealthiest, most influential individuals and families. Citi Investment Management is the firm's core discretionary investment management business
02/11/2014
RBC Wealth Management has been recognised as having the ‘Best Private Banking Services Overall’ in Jersey, and number one in 13 further categories, by Euromoney, a global banking publication.
02/11/2014
Nigel Marsh to run boutique’s first retail bond fund after joining European Wealth in 2012.
02/11/2014
Archytas to serve clients across the UK from Cardiff base until new offices can be opened
02/11/2014
The latest product marks the continuing proliferation and evolution of financial services offered by China’s large Internet companies.
02/11/2014
ANZ’s Global Wealth Division has improved business performance in the last quarter of 2013, which is mostly attributed to product cross-sell
02/11/2014
Walker Crips Group is continuing to pursue its growth agenda after a successful last quarter of 2013, with assets under management jumping by 33% over the year.
02/11/2014
BNP Paribas Wealth Management publishes Individual Philanthropy Index by Forbes Insights
BNP Paribas Wealth Management today publishes the second edition of its Individual Philanthropy Index, which measures and reflects the commitment of philanthropists in four regions – Europe, Asia, the Middle East and for the first time, the United
02/11/2014
Inflexion’s investment will enable Succession to continue building the UK’s largest independent wealth management business through further acquisitions.
02/10/2014
Credit Suisse Private Banking Americas Hosts Fifth Annual Entrepreneur Summit, "Turning Ideas into Action"
Approximately 50 ultra-high net worth entrepreneurs participated in this exclusive event focused on the theme of "Turning Ideas into Action.