Managers of Wealth

Raymond James shuts Brazil unit on regulatory hurdles

A small number of employees who support Latin American sales and trading will also lose their jobs in New York and London, the St. Petersburg, Florida-based firm said in a statement.

Assets Under Management Rise At Julius Baer

The increase in AuM resulted from continued net new money inflows close to the top end of the Group’s medium-term target range as well as a positive market performance impact supported by sustained gains in the global equity and bond markets.

BRB Wealth Management expands with takeovers

BRB, which has been based at its current location in Etruria since 2001, believes the deal will enable it to consolidate its position as one of Stoke's largest financial advisers.

Saunderson House confident ahead of RDR

Under the direction of Tony Overy, Saunderson has so far attracted 85 new clients this year and the group expects to continuing pulling in clients with its business in good shape ahead of the retail distribution review.

Liontrust triples fund inflows as recovery surges on

Liontrust Asset Management has reported net inflows of £189m in the six months to 30 September.

HSBC Private Bank awarded two top accolades for its operations in the Middle East

HSBC Private Bank is one of the top international private banks in the Middle East, providing integrated banking, investment and wealth advisory services to clients across the region.

Charitable Giving is On the Rise in Canada - RESEARCH

With today marking National Philanthropy Day, BMO Harris Private Banking has released the findings of its Second Annual Philanthropy Report which found that the number of Canadians giving to charitable causes - and the amount they are giving - is rising.

Banks Help as Asians Shop for Foreign Property

As more wealthy Asians seek to buy property overseas as an investment or short-term residence, their private bankers are only too happy to help.

UBS Said to Get Brazil Bank License After Two-Year Wait

The decision allows Zurich-based UBS to conduct proprietary trading in Brazil as well as make real-denominated loans, raise money in Brazilian markets, and underwrite stocks and local bonds.

Wealth managers move to join forces

The combined group will be run by CEO Martin Baines

Former Barclays investment manager launches wealth boutique

Prior to working at Covalence and Shard, Legge was an investment manager at Barclays Wealth.

Societe Generale Private Banking awarded Best Private Bank in Luxembourg

These awards underline the professionalism of Societe Generale Private Banking's teams and the service they provide to clients in the key wealth management markets.

Ashcourt Rowan pre-tax loss narrows

Funds under management fell to £3.8bn from £3.9bn and revenues dropped to £16.1m from £18.4m.

BNP Paribas scoops private banking awards

BNP Paribas Wealth Management carried off two prestigious awards at the 2012 Global Private Banking Awards

Paragon Wealth Management Named as a ‘Top 50 Fastest-Growing Firms’

It is with great pleasure that Paragon Wealth Management accepts this award

South African wealthy buying more property in London than the Swiss, Singaporeans and Saudi's

The report released by global property consultancy Knight Frank LLP, shows that South African buyers outperformed buyers from far wealthier countries such as Germany, Singapore, Saudi Arabia, Switzerland and Canada over the past 3 years.

Big four flawed by their divisions, says Bendigo wealth boss

"They are quite siloed in their existence. They are wealth-management businesses in their own right and retail banks sit over on the other side."

Brussels in retreat over cap on bankers’ bonuses

The EU has tougher bank pay curbs than guidelines laid out by the Group of 20 but some policymakers are still pushing for more steps to be taken.

Super taxes on the wealthy may destroy Euro recovery

The flip-side is a government subsidises what it wants more of.

Former Lehman staff to get bonuses in £7bn payout

Four years after they should have been paid, former staff of Lehman Brothers are to finally receive a portion of the bonuses they were owed before the US investment bank collapsed in 2008.

Wealth and Asset Management