Managers of Wealth

Coredata: Fifth of HNWs say advisers ‘over-engineer’ advice

Half of high net worth investors agree that financial advisers are experts in their field

SSgA forms joint venture in China

State Street Global Advisors Asia is awaiting regulatory approval to set up a joint venture to provide fund management for wealthy Chinese

Moving Sale: A Château on the Cheap?

Facing the prospect of hefty tax hikes, some wealthy French homeowners are racing to put their properties on the market—which can mean discounts for foreigners on a Provençal estate or Parisian pied-à-terre

Citi Private Bank Announces Partnership with Art13 London

"We're pleased to confirm Citi Private Bank's sponsorship of Art13 London, the first truly global art fair."

BNP Wealth Management supports entrepreneurs in France and Italy

BNP Paribas Wealth Management has long been committed to entrepreneurs, small and medium-sized businesses and their owners, by supporting their company projects and assisting in their personal wealth planning.

Aberdeen sees 15% rise in pre-tax profits

The company said its results were boosted by new client money and a strong investment performance in equities.

Specialist Advisory Firm Gains FSA Authorisation

The firm has developed an innovative business model ahead of the impact of the Retail Distribution Review

AXA Wealth scoops two business awards

AXA Wealth has won the prestigious 'Business and the Community Award' at the Basingstoke Inspire Business Awards for its continuous commitment to supporting the local community and local charities.

US justice department probes Swiss bank Pictet

Pictet & Cie., Switzerland’s biggest closely held private bank, said the U.S. Department of Justice has made a “general inquiry” into its wealth management business with U.S. clients.

Bullish bankers struggle to adjust to bonus cutbacks

Self-confidence and betting on long odds are part of their DNA and so, while expecting the financial industry to slash bonuses this year, many bankers think it will not happen to them.

Generali Said to Pitch Sale of Private Bank BSI to Apax, RBC

Assicurazioni Generali SpA is seeking offers for its Swiss private bank

Close Bros AM chief: 'We will be restricted and proud of it'

What we did not want to do is to find a way just to be independent, which goes against what the FSA is trying to achieve.’

UK private bank appoints head of the private office for North Asia

joins Coutts from Merrill Lynch, where he was a Managing Director responsible for building the private investment banking group in Hong Kong.

Scoban makes home in Adam & Co's former headquarters

In a sign of the Scoban management team's commitment to the programme, it said it aimed to have prestigious offices to complement its private banking offering.

ABN AMRO Private Banking Creates Dedicated Philanthropy Team

The philanthropy service is available for all 25,000 customers of the private bank, that have a million Euro's.

UBS’s Orcel Says Investment Bank Revamp Will Take Up to 5 Years

The Zurich-based bank will need time to show progress because it won’t be hiring expensive teams from rivals or using its balance sheet to win more business

Summa cum laude for the BKB-Private Banking

Of the initially tested against 400 institutes Basler Kantonalbank counts in the standings in the top 30 asset managers in German-speaking Europe and across Switzerland to the eleven best private banking providers.

Credit Suisse targets the richest of the rich in Asia

The private bank seeks to attract clients through providing solutions or helping make social connections

Close Brothers has solid first quarter

The group has made a solid start to the year with a strong performance in the Banking division although the market environment for Securities remains challenging. The group has maintained its strong funding position and capital base.

Falcon Private Bank takes stake in Austrian Signa Prime

Falcon bought the 13.63% stake for €50m.

Wealth and Asset Management