Managers of Wealth

Schroders closing Cayman and Swiss branches

“Following an internal review, we have taken the decision to exit our trust businesses in Switzerland and the Cayman Islands.

Billionaire Safra’s Swiss Bank May Seek Further Acquisitions

Safra Sarasin set aside “adequate provisions,” including for a Justice Department disclosure program for Swiss banks, it said.

Vontobel intensifies network race with new clients

Vontobelowned structured product platform Deritrade has signed up four buyside clients, in the latest attempt to move ahead of rival Contineo in the race for private banking clients in Asia.

Morgan Stanley's Asia wealth business goes local

With this, Morgan Stanley is the only global wealth manager whose Asia business is managed via a locally incorporated bank

Credit Suisse Launches Global Digital Private Banking Capabilities with Asia Pacific Release in Singapore

Credit Suisse on March 18 announced the launch of a global digital private banking platform for clients in Asia Pacific

UBS Wealth Management Americas Re-Brands Retirement Plan Consulting Business

With a shifting environment and ongoing regulatory changes, including potential new DOL fiduciary rules, retirement plans face growing complexity and increasingly seek consulting services.

Bringing the C-Word back to Wealth Management by Annie Catchpole, Scorpio Partnership

If your wife tells you that she doesn’t want a birthday present, should you buy her one anyway?

Halifax Share Dealing Wins the Public Vote

At a ceremony at The Guildhall last night announcing the winners of The City of London Wealth Management Awards, Natasha Kaplinsky presented Halifax Sharedealing with the Award for Best Execution-Only Equity Sharedealing Service.

Trouble With Trusts When Transferring Wealth

One only need look at the headlines in the case of Robert Durst to see the importance of this hypothesis.

Wall Street's trillion dollar money managers are under threat from a new breed of low-cost advisers

UBS, Bank of America, and Morgan Stanley stand out in the global wealth management industry, each responsible for handling more than $1 trillion in investors' assets.

First Republic Named Top Private Bank In U.S.

The award is the second in the past two months for First Republic

HSBC sneaks out details of £4m windfall for 11 executives

The biggest winner was Samir Assaf, the head of its investment bank, who received shares worth almost £1.1million.

World Wealth Report Wins Best PR Program Award at Family Wealth Report Awards 2015

The launch showcased key report findings on the growth of the global high net worth population

HSBC begins closing Jersey accounts

The bank is carrying out checks on the identity and address of thousands of its customers on the Channel Islands, and is closing accounts that do not meet tax compliance standards.

New investment firm intends to 'shake up' cash market

Aiming to 'shake-up' the cash deposit market, the service allows users to have a new account with an underlying bank in 24 to 48 hours.

China Everbright Bank Said to Consider Wealth-Management Spinoff

The Beijing-based bank hasn’t submitted any proposal to the regulator, the people said, asking not to be identified as they aren’t allowed to speak publicly.

Managing Hollywood’s Shrinking Wealth

Hollywood is no longer paying what it once did, even though many actors and screenwriters don’t want to believe it.

Job losses as RBS closes Jersey wealth management business

33 employees in the International Wealth Management and Technology Services teams face the prospect of redundancy.

Is Your Financial Adviser a Fiduciary ... or Just a Douche?

Would you have as much faith in your guidance counselor's recommendation to attend a college if she received a $5,000 kickback from that college for every student she convinced to matriculate?

Cantor & Webb Honored to Receive Tax Advice Award

Judges report that the winner of this award gave a clear illustration of how they manage the complex needs of their international clients, and offered a clear description of their positive interaction with leading authorities in the industry.

Wealth and Asset Management