Managers of Wealth

RBS could split Coutts International to woo Asian buyers

RBS will start the process saying they are selling it as a whole

Morgan Stanley managers depart amid reorg

A number of Morgan Stanley Wealth Management directors have left the firm amid a reorganization of the managed-accounts unit and streamlining of operations

Seven things you should know about Raja Sharma

Sharma is managing director for Merrill Lynch Private Banking and Investment Group

Wine doyenne Philippine de Rothschild dies aged 80

She also owned, along with her three children, the wine houses of Chateau d'Armailhac and Chateau Clerc Milon.

Best private bank for Asia announced

Asia now accounts for half of the private bank's global structured product sales.

Adviser Bonuses Add Up to Billions at Morgan Stanley, UBS

Morgan Stanley Wealth Management now has a combined $5.2 billion outstanding in forgivable loans to advisers–which works out to $321,402 per adviser in its ranks, InvestmentNews says.

Geneva Banks Break 200-Year Silence to Unveil Earnings

Switzerland’s two largest closely held banks are poised to publish their earnings after two centuries of secrecy.

Jersey-based trust company opens NY office

Second representative office in the USA, adding New York City to its well-established presence in Miam

Ukraine’s president prepares to sell assets via Rothschild-report

His main asset is confectionery Roshen, one of the world’s top-20 largest

Heartwood launches proposition for Handelsbanken clients

Handelsbanken acquired Heartwood in May 2013.

Swiss Banks Primed for Acceleration of Deals, KPMG Says

Swiss private banks are preparing for an increase in acquisitions after declining profitability and provisions for a U.S. tax program prompted more than one-third to report a loss last year

The World Bank Issues a 10-Year Step-Up Callable Green Bond for Merrill Lynch Wealth Management Clients

Today the World Bank priced a $12.057 million World Bank Step-Up Callable Green Bond sold to Merrill Lynch Wealth Management clients.

Yet another big bank hitches its wagon to the asset management star

The bank will act aggressively on all fronts

Australia's biggest wealth manager to overhaul wealth planning arm amid crisis of confidence

The moves comes as the company announced this morning a 3 per cent decline in net profit to $382 million for the six months to June 30.

Bridgepoint explores Quilter Cheviot IPO or sale by year-end

The two businesses are now integrated and Quilter Cheviot is currently in the throes of moving both onto the same platform

FPI launches website aimed at non-resident Indians

Friends Provident International has launched a new website with a section dedicated to non-resident Indians.

Guernsey’s Evolution Makes It The Perfect Family Office Solution

The provision of family office solutions and services makes perfect sense for a jurisdiction such as Guernsey, explains Fiona Le Poidevin, Chief Executive of Guernsey Finance.

Brewin Dolphin to restructure Yorkshire operations

The merger of the two offices will create a team of 45 qualified investment managers and financial planners and their support staff in Leeds, who will be responsible for the management of some £1.5bn of client assets.

The inevitable evolution of Asia’s wealth hubs

As offshore moves onshore, will there be a challenge to the position of Singapore and Hong Kong as the wealth centres of Asia?

U.S. private equity firm appoints Rothschild to sell the public sector division of its software firm

The company will be auctioned to private equity firms later this year and could be worth around $600 million, the sources said.

Wealth and Asset Management