02/06/2013
Credit Suisse Returns to Profit and Plans More Cost Cuts
2012 reported core pre-tax income of CHF 2,106 million
Wealth and Asset Management
02/06/2013
SG Private Banking named Best Private Bank in France and Monaco and for its Structured Products in Europe
Societe Generale Private Banking has won a number of awards from Euromoney Magazine in its Euromoney Private Banking Survey 2013
02/06/2013
Citibank eyes 15% growth in wealth management
Citibank Indonesia is targeting two-digit growth in its wealth management business this year as the company unveils more services to attract more premium customers.
02/06/2013
Manulife Tops Estimates Amid Asian Wealth-Management Demand
Manulife Financial Corp., Canada’s largest insurer, posted fourth-quarter net income of C$1.06 billion ($1.06 billion), above analysts’ estimates, and said wealth-management revenue in Asia reached record levels.
02/06/2013
CBA to snare DIY investors with MyWealth platform
According to the latest ATO figures, there are four new SMSF funds established every single hour.
02/06/2013
Impax hires ex-DWS Investments sales head for discretionary push
Former DWS Investments sales head Stephen Moore has joined Impax Asset Management
02/06/2013
Switzerland reinforces asset management industry
The Swiss financial centre is reputed more for its wealth management than its asset management industry.
02/06/2013
F&C trusts to merge due to 'significant change' in WM sector
The boards of ISIS Property trust and IRP Property Investments are seeking approval to merge the funds
02/06/2013
Art collectors ignore shaky global economy
Sales of Impressionist, modern and surrealist art at rival auctioneers Christie's and Sotheby's saw several pre-sale estimates shattered.
02/06/2013
RBC Wealth Management consolidates Albany area operations
The combined firm has 20 employees, two of whom were hired since RBC moved into the new space in December.
02/05/2013
RBC Increases CEO’s Pay to C$12.6 Million on Record Profit
The country’s largest lender beat its financial targets and posted record annual profit.
02/05/2013
Wealth management Americas lone bright spot for UBS in 4Q
The bank's plan to shed assets and shrink its balance sheet “is going really well.”
02/05/2013
Survey shows where wealth managers are most bullish
Reveals that investors are increasingly moving away from taking a regional approach to emerging markets.
02/05/2013
Atlantic Trust Celebrates Another Record Year
Atlantic Trust attributes its long-standing success to strong client retention and a steady inflow of assets from existing and new client relationships.
02/05/2013
Northern Trust Enhances Delivery of Risk and Performance Data for Institutional and Wealth Clients
Clients can customize comparisons at the plan level or for different investment programs and accounts.
02/05/2013
Gen Y Advisors Unhappy with Independence
Younger Advisors Less Satisfied with Independent Track - RESEARCH
02/05/2013
Heartwood Wealth gets new owner
“Handelsbanken is steadily growing and maturing in the UK, particularly amongst customers with high requirements for qualified asset management. This acquisition makes it possible for us to widen our offering to current and future customers,”
02/05/2013
Hargreaves Lansdown profit up 30%, lifts dividend
Operating profit GBP92.1 million
02/05/2013
Bankers flock to Dubai once again as reality bites in the West
As the local UAE economy grows and job opportunities increase as compared to other markets in the world
02/05/2013
Euromoney publishes 10th annual Global Private Banking Survey – UBS returns to the top
The private banking industry has had to modernize as never before to keep pace with the global needs of clients, new regulation and rebuild trust.