06/02/2013
Korn pointed out that China's economic achievements in the past 30 years have shown that the country has found a right path to growth and prosperity and has set a good example for other Asian countries to follow
06/02/2013
Independent financial research company Defaqto rates the Heartwood Investment Management offering as among best in market
06/02/2013
The company has existing contractual commitments in respect of the BHF transaction to both Deutsche Bank, as the seller, and to our co-investors," RHJ said in the letter.
06/02/2013
Since November both partners have closely and successfully collaborated to reach this important milestone.
06/02/2013
The industry at the current cost-to-income ratio is not really sustainable,
06/02/2013
With a cost-to-income ratio of at least 80 percent, most private banks are losing money even as the ranks of the rich explode in fast-growing Asia,
06/02/2013
'In our view, the board of RHJI has presided over an erratic strategy, which has resulted in consistent and substantial value destruction.
06/02/2013
Banyan Partners to Acquire Wealth-Management Firm
Banyan Partners, a fast-growing RIA based in Palm Beach Gardens, Fla., is acquiring Silver Bridge Advisors, the wealth management arm of global law firm WilmerHale.
06/02/2013
Knight Vinke, a shareholder in UBS, launched a campaign a month ago to marshal other investors into supporting a breakup of the Swiss bank. UBS, which last year said it will let 10,000 staff go as it largely withdraws from fixed income, had not responded
06/02/2013
RBS is getting in better and better shape and they won't need to sell Coutts to raise capital,
06/02/2013
HighTower deploys its proven transition resources so advisors and their clients can seamlessly realize the robust resources available on HighTower's platform.
06/02/2013
Walker Crips Group has completed the sell-off of its subsidiary Keith Bayley Rogers and Company Limited to BWV Investments Limited.
06/01/2013
The Swiss National Bank is responsible for maintaining the stability of the country's financial system but isn't obligated to rescue banks
06/01/2013
We are becoming a society in which more emphasis is placed on philanthropy as a social good. It’s often portrayed as much more noble and efficient than paying taxes (especially to “untrustworthy” politicians).
06/01/2013
A generation of "opinion formers" has assured us that the rich are none of our business. If others become extremely wealthy, it is self-defeating to criticise them.
06/01/2013
We are looking at the family offices segment as an opportunity for growth,
05/31/2013
Clients are mad as hell, and they're not going to take it anymore—unless the industry makes some changes.
05/31/2013
George H. Weiler III, senior vice president for wealth-management services at UBS AG, has died. He was 69.
05/31/2013
A new wealth management firm targeted at LGBT investors in Asia estimates that LGBT consumers across the region
05/30/2013
His contract renewal was widely expected