Managers of Wealth

Swiss private bank eyes Asia institutions

Banque Syz is relocating staff to Asia to focus on asset owners

Arbuthnot Banking trading well

This will result in some compression of its customer margins

Geneva banks welcome Spanish, Mideast flows in tough times

New clients fleeing Spain's debt crisis and havoc in the Middle East have buoyed assets managed by banks in Geneva even though the outlook for the Swiss safe haven remains difficult, bankers said on Wednesday.

Charities should set an example on ethical investment, survey of investors finds

Three in five say charities should take the lead on 'stewardship' issues, but Penny Shepherd of Uksif says not enough of them are signed up to the Financial Reporting Council's stewardship code

AXA Wealth bares all - full RDR product charge details now available

AXA Wealth has announced the full details of its post-RDR product changes and how the transition from present to future will work.

Russian Middle Class to Number 74 Million by 2050, HSBC Predicts

President Vladimir Putin, who returned to the Kremlin for a six-year term in May, wants to boost the size of the middle class to as much as 70 percent of the population, while reducing the country’s income gap.

Commonwealth Announces New Cash Investment Management Services

Leading CAM’s institutional offering is Henley L. Smith

UBS further expands wealth management operations in Australia

The other big players locally are State Street and BlackRock’s iShares.

Hong Kong’s largest IFA seeks to expand product offering

The firm has a sales force of about 1,500 people and an estimated 60,000 customers

Wealthy Arabs buy right to live in Britain

The number of Arab millionaires investing in Britain in exchange for permanent residency has increased in the wake of the Arab Spring as investors look to flee political turmoil in their home country, financial advisors have told Arabian Business.

BNY Mellon profit rises 11 percent in third quarter

Net income at the world's largest custody bank was $720 million, or 61 cents a share, compared with $651 million, or 53 cents a share, a year earlier.

BNP Paribas Wealth Management reaches milestone

BNP Paribas Wealth Management has now passed an initial milestone

Qatar cash, prospects lure top bankers to local firms

Qatar is expanding in the Arab world's banking sector mainly through Qatar National Bank (QNB)

Rothschild Bank Wades Into Indonesian Deal Row

The role of Rothschild, the investment bank, will be to provide a fairness opinion to judge whether the independent board members should accept the offer from the Bakries.

NAB wealth division appoints new hedge fund adviser

"We selected DGAM based on their combination of investment, advisory and risk management knowledge and experience,” said Gareth Abley

Rothschild told to give up £40m

The bonus shares were awarded on the condition of the deal between the Bakries and Rothschild being a success.

Citigroup looks to Asian deal activity

Vikram Pandit said Citigroup should reap benefits from acquisition-hungry Asian companies while a solution to the US “fiscal cliff” would unleash pent-up demand in the US.

Former Credit Suisse Banker Barret Creates M&A Boutique

He was co-head of Credit Suisse AG’s investment bank in France, Belgium and Luxembourg since 2009, after spending more than 15 years at Morgan Stanley.

Almost half of financial advisers believe the industry has not done enough to survive RDR - Heartwood

Almost half (43%) of financial advisers do not feel confident that the industry has accepted the need to make fundamental changes to its business models to survive the changes imposed by RDR, according to new research from Heartwood, the independently own

Goldman Sachs swings to profit

The firm ranked first in worldwide equity and equity-related offerings and common stock offerings for the year-to-date.

Wealth and Asset Management