Managers of Wealth

Vikram Pandit Steps Down as CEO of Citigroup

Board praised Vikram Pandit's "leadership, integrity and resilience in guiding Citi through the crisis and positioning it well for the future."

EFG International seeks to boost its presence in Asia

Meanwhile, the bank has been unwinding operations in other markets as part of its restructuring plans

Royal Bank of Canada targets Asian wealth

RBC Wealth Management, the world's sixth largest wealth manager by assets under management, is seeking small to medium-sized asset managers in Asia, and plans to more than double client manager numbers by 2015.

Why You Should Worry About China’s Wealth Management Products

Wealth management products, or WMPs, might be the best thing that ever happened to Chinese savers.

Citi Profit Slides, but Core Businesses Show Strength

Revenue decreased to $19.4 billion from $20.83 billion a year ago.

Aberdeen Asset opens New York office

The New York office will serve as a business development and marketing center and complements Aberdeen’s North American headquarters in Philadelphia, as well as the company’s on-the-ground business development presence in Chicago, Miami, San F

Leading Swiss Private bank to slash 10,000 jobs

The banking giant could shed 10,000 jobs in the near future, according to a report on Saturday in the Tages Anzeiger daily.

Swiss Banks Focus on Risk as Clients Seek Security, Odier Says

“Risk appetite has become core to the private banking service again,

Morgan Stanley Wealth Management continues adviser expansion focus

Following the company's joint venture with Citibank in June 2009, Morgan Stanley Wealth Management has added 45 advisers to its network and plans to continue building.

Hargreaves Lansdown reports record AUA and revenue

Record level of Assets Under Administration, increasing by £2.2 billion in the three months to 30 September 2012 to £28.5 billion.

Skandia cuts 200 jobs as it rebrands to Old Mutual Wealth

Group set to slash headcount as it merges Skandia businesses.

Managing Family Art Wealth Demands New Standards and Techniques

Many wealthy families are art lovers, own collections or actively buy and sell in the art market.

Can Smith & Williamson make its mark on IFAs?

The focused approach to funds taken by S&W Investment Management has seen it make great strides among its target wealth managers. Now it wants to do the same with IFAs.

JP Morgan's profit rises 34%

Results topped Wall Street expectations.

Ashcourt Rowan looks to expand financial planning arm with new offices

The firm has also made a number of job cuts at its Bath office, including intermediary relationship manager Derek Geen leaving.

French wealth management firm takes over boutique

They have joined forces with the Paris-based firm as it aims to build a 'multi-boutique' concept by joining forces with independent partners.

Gibraltar-based Private Wealth Manager Appoints RBC Investor Services

“From the outset, we have appreciated RBC Investor Services’ consultative approach and advice on aspects such as operational and risk management. When considering adopting a global custody model we were further convinced by their demonstrable

Liechtenstein-based Bank denies Asia pull-back rumours

Nevertheless headhunters in Hong Kong and Singapore confirm departures, with seven recently recruited relationship managers having exited only this month.

Liverpool-based wealth management company is expanding

The company provides clients with a private web portal to view and manage investments and delivers a valuation of their portfolio every time the system is accessed.

Dutch selection firm joins forces with advisory group

The firm was founded in 2008 and offers asset management for private investors, foundations and institutional investors.

Wealth and Asset Management