Managers of Wealth

SA billions in Swiss banks

South Africa has over R36.5 billion stashed away inside the Swiss banking system, accounting for 0.23% of all foreign currency stowed in the country.

Enhanced Competency Framework for private wealth management practitioners

The Hong Kong Monetary Authority welcomes the launch today of an Enhanced Competency Framework for private wealth management practitioners in Hong Kong.

Former Morgan Stanley Private Wealth advise targets clients with £10m assets

The firm was formed last November and began managing money this year

HNW Investors Find It Harder to Unplug

About 15 percent say they sometimes check their messages, while only 3 percent say they never check them

Citigroup’s Asian Wealth-Management Assets Climb to $251 Billion

U.S. and European banks have been seeking to boost their wealth businesses in Asia

HSBC sells $12 billion of Swiss private bank assets to Liechtenstein's biggest bank

Those assets were held by clients in dozens of countries, including in central and eastern Europe, and some countries in west Europe, Africa and in Latin America that HSBC has deemed as not strategically important.

UBS, Credit Suisse hold bulk of Indian money in Switzerland

There are a total of 283 banks in Switzerland, out of which only two - UBS and Credit Suisse - have been classified as 'big banks' by Zurich-based SNB

Barclays to offer voice recognition

British bank hopes technology can save customers time on phone proving identity

China's wealth management products total $2.62 TRILLION

China's market of wealth management products had grown at a rate of between 60 and 80 per cent annually for a few years before it decelerated to 30 to 40 per cent in 2013, Pan Gongsheng said in remarks published on Xinhua news agency on Saturda

What Ed Balls told the bankers

Earlier this month, Balls was to be found having lunch at HSBC’s private bank in St James. He was there to address the chairmen of the UK banks.

Wealth Managers Exit India as Millionaires Hard to Entice

“In India, there’s a lack of alignment between a private banker and an individual’s needs.”

Stop bashing offshore finance: It’s vital for a liquid financial system

Discussions about international business and tax policy are too important to be debated

Asia's wealth spurs competition for private bankers: Citi

Citigroup was the second largest private bank in Asia last year after UBS AG, according to Asian Private Banker.

Who's leading wealth management market in future?

The new regulations will cause the yields of wealth management products to go down, and the current wealth management products model will face some difficulties.

wealth management division potentially looking to outsource IT services

National Australia Bank has allegedly sent an expression of interest to 10 tech suppliers in hope to outsource the IT functions of MLC.

Guernsey Financial Services Commission publishes 2013 annual report

One of the key messages it contains is that overall costs fell by almost £1 million or 7.5% compared to 2012.

A golden age for wealth & fund management as regulatory fog clears

The Evolving Investment Management Regulation report points out regulatory uncertainty over the last few years has settled down.

SYZ & Co opens a representative office in Dubai

Banque SYZ & CO has announced the opening of a representative office in Dubai.

Wealth management set to grow

Analysts call for tighter supervision to avoid risks

Julius Baer CEO Tells Swiss to Work Harder to Keep Rich Clients

Swiss banks that want to survive need to increase their assets under management

Wealth and Asset Management