Managers of Wealth

Record interim results for Walker Crips

The group benefited from the disposal of Walker Crips Asset Managers, their fund management subsidiary, this April which helped deliver record pre-tax profits of £7.7m.

MENA's wealthy remain optimistic in the face of adversity - RESEARCH

Ninety one per cent of Middle East high net worth individuals agree that viewing failure positively is essential for an economy to grow, in comparison to 74% globally.

'Mansion tax' set to hit Gulf buyers in London

It looks as though the UK government is trying to capitalise on this politically."

Northern Trust Named "Best Private Bank in the USA" for Fourth Year

The FT Group also honors Northern Trust with awards for Innovation and Socially Responsible Investing

Feng shui: applying Chinese theory to wealth management

However, I have taken a number of the philosophies of Feng shui and applied them to the UK wealth management environment. You may ask: ‘Why not specifically the UK platform market?’ But that is going to be my point.

Credit Suisse sets private banking layoffs

Credit Suisse to merge retail and private banking arms in Switzerland

Sustainable investment flourishes amongst European high net-worth individuals

The encouraging increase means that there is now some €1.15 trillion invested

Uk Wealth ManageR plots regional acquisition to expand UK presence

I have talked to people about regional offices but it’s difficult

Van Lanschot trading update: Q3 2012

The management fees rose slightly compared with the first two quarters of the year

Broker feedback directs Chubb HNW restructure

"During this time the market has changed considerably, with a number of new players entering which has heightened competition for business."

Bank of China branches into private banking

Bank of China branches into private banking, eyeing the one million individuals on the mainland with at least US$2 million to invest

Canaccord Wealth Management generated $57.6 million in revenue

Collins Stewart Wealth Management generated $20.7 million in revenue and, after intersegment allocations, recorded net income of $0.3 million before taxes in Q2/13

Yellow Brick Road confirms deal with Macquarie

Yellow Brick Road Holdings has announced an assault on the banking sector that will establish a much-needed alternative for Australian consumers.

Evercore Wealth Management to acquire Mt. Eden Investment Advisors

The transaction is expected to close in the fourth quarter of 2012.

AUM at Schroders still on the rise

Clients continued to put investment funds under the jurisdiction of asset manager Schroders during the third quarter, but the group is seeing a slowdown in Institutional flows.

Vontobel, Raiffeisen at loggerheads over Wegelin unit

Vontobel said on Wednesday the banks had failed to come to an agreement over whether Notenstein Privatbank, which Raiffeisen bought in January, could provide certain services directly to Raiffeisen.

Germany's second biggest lender may cut up to 6,000 jobs

Without naming sources German weekly Die Zeit reported on Wednesday that the job cuts are part of a multi-billion euro cost-cutting programme running until 2016.

Société Générale Profit Falls

"The group faces complex and demanding challenges in 2013. However, the group's transformation and limited exposure to extreme risk scenarios in the euro zone place it in a strong position to deal with these challenges," the bank said in a

Charles Stanley adjusted pre-tax profits down 17.6%

Charles Stanley has seen its pre-tax profits tumble by 34.6 per cent in the first half of this year, much of it blamed on the FSCS levy and the cost of building its direct platform.

France and Belgium to pump €5.5bn into struggling lender Dexia

Belgium will inject €2.92bn, or 53% of the total, with France providing the remaining €2.59bn

Wealth and Asset Management