Managers of Wealth

Swiss banking minnow swims against tide with $220 million war chest

Swiss bank could spend up to 200 million Swiss francs on acquisitions to bolster its private banking and asset management operations

Coutts sets aside £110m for payments over unsuitable investments

The 300-year-old bank, owned by the Royal Bank of Scotland and whose customers include the Queen, has set aside the provision as part of a review of its advice to clients dating back to about 1950.

Trouble at Coutts: Private RBS bank probed over 'risky' investments

It comes days after state-backed RBS was fined £14.5million for serious failings in its advice to mortgage customers from June 2011 to March 2013.

Helping High-Net Worth Clients With Charitable Giving

Once accomplished individuals, including CEOs, business owners or high-profile athletes and entertainers, achieve a certain level of success there inevitably comes a time when they begin to ask themselves, ‘What’s next?’

JP Morgan names Luxembourg fund services head

A 20-year veteran of JP Morgan has returned for a third stint in Luxembourg as head of its custody and fund services business in the country.

Malta emerging as a leading wealth management centre

Malta attracts global investors following changes to trust framework

Succession completes latest member firm buyout for £3m

The group added that it is on target to acquire the best 50 firms from its membership with £7bn of assets by 2017.

Brewin Dolphin shuts York office

The York office was launched in 2007 after a team defected from Barclays Wealth.

Falcon Private Bank Awarded 'Best Private Bank, UAE'

Falcon Private Bank has been named "Best Private Bank, UAE"

With rise of wealth management, a call for more RIA audits

The year 2014 has so far shaped up to be a banner one for wealth management.

Duo exits EFG to set up external asset manager

Two EFG executives, including the Asia head of investments of the funds arm, are leaving the Swiss bank to set up an external asset management business next month.

A Swiss fantasy

Perhaps one of the worst attributes of modern Pakistani political discourse is virtually an absolute lack of a sense of proportion and a cavalier attitude towards accuracy and plausibility of numbers.

Investec’s ‘One Place’ strategy pioneers banking and investing beyond borders

So, for example, a client could see in one platform their offshore Swiss accounts, their rival banking institutional accounts, their UK credit card balance, the value of their art, vintage cars or race horses, and their share options.

Switzerland's Raiffeisen eyes firms managing assets

He said it was easier to grow in the asset management sector than private banking at the moment, due to uncertainty surrounding tax issues.

Is Switzerland really the country of bankers?

Professions are not usually associated with a particular country, yet everybody has heard of the 'Swiss banker'.

Pictet in profit as wealth manager reveals results for first time

Pictet, which is still owned by eight partners, did not provide any comparisons with previous periods, saying that it had changed its accounting method this year.

Pictet in profit as wealth manager reveals results for first time

Pictet, which is still owned by eight partners, did not provide any comparisons with previous periods, saying that it had changed its accounting method this year.

Goldman Plans Smaller New-Partner Class

A handful of outsiders are hired annually with that title.

Lichtenstein-based private bank pulls Swiss arm out of US programme on tax evasion

A spokeswoman for the bank said it had set aside 3 million Swiss francs ($3.3 million) in provisions for the investigation.

Pictet Lures Competitors’ Clients in Swiss Bank Turmoil

Swiss private banks are preparing for an increase in acquisitions after declining profitability and provisions for a U.S. Justice Department probe into tax evasion hurt earnings.

Wealth and Asset Management