Managers of Wealth

Embarrassing moment for Coutts customer

Coutts is the private banking arm of Royal Bank of Scotland and asks for a £1million deposit to open an account.

S&P revises outlook on nine Swiss banks

Home prices have been rising in Switzerland, albeit not as quickly as in some European countries before the onset of the 2008 financial market crisis.

London mystery: exclusive banking?

The bank you spotted is the only remaining independent private bank in London.

Mounting bill to pay off expats

Today, the figure stands at about $16bn, according to a report released yesterday by the research firm Insight Discovery.

China banks now account for third of global profit

Three Chinese banks topped the profit table, led by Industrial and Commercial Bank of China (ICBC) for the second successive year, with pretax earnings of $US43.2 billion ($42 billion), according to The Banker.

Sir David Money-Coutts

It was Thomas who established the firm’s reputation as private bankers to the aristocracy, and secured its royal connection.

Long-term investors are quietly putting money into India

India’s problems from a record current account deficit to stalled policy reforms and economic growth running at its weakest pace in nine years, are well known and explain a slump in the rupee to a record low.

Long-term investors are quietly putting money into India

India has gone from the country set to overtake China to the country that can do nothing right. Now, a few contrarians see signs India is turning a corner.

Media Banker Bourkoff Launches Boutique

Based in New York, LionTree will have two units – an advisory business and an investing business

City National Bank Completes Acquisition of Rochdale Investment Management

Rochdale will combine with City National Asset Management to form a new registered investment advisor within the bank's wealth management group

Asian private wealth: rich pickings

Private wealth in Asia excluding Japan grew more than five times faster than the 2 per cent global average in 2011, to $24tn, or a fifth of global wealth, according to Boston Consulting Group.

Future is with Brazil’s new wealthy

The attraction, clearly, is more about potential than current opportunities. Like many Latin American countries, Brazil has a young and rising population with a fast-growing middle class.

Global investment banking fee income falls 25%

The fees totalled nearly $14 billion in the second quarter, down from more than $18 billion in the first quarter of 2012. Year to date, fees have totalled $32 billion, down 25 percent from the same period in 2011.

Vontobel Inflows Exceed Expectations, SonntagsZeitung Reports

Vontobel would consider acquiring an asset management firm overseeing as much as 25 billion Swiss francs ($26.4 billion), the Swiss newspaper quoted Schwarzer as saying.

The RDR Inquiry - 2plan wealth management research

The White Paper, entitled, ‘The RDR Inquiry’ was independently commissioned and not designed to reflect the opinions of 2plan or its members.

Novia to offer Heartwood model portfolios ‎

Heartwood has announced that it will be offering its model portfolios via the Novia platform.

Global Wealth Makes Its Move

Private wealth fell 0.9% to $38 trillion in North America in 2011, yet rose 10.7% to $23.7 trillion in the Asia-Pacific region. Welcome to the new reality of a so-called "two-speed world."

Coutts creates framework to align job roles globally

Coutts has created a global career framework that clearly defines career levels and job roles to make its reward and pay more transparent across 12 countries.

Wealthy French consider Swiss tax exile

The new French Socialist government has promised to reinstate the country’s old wealth tax rate and increase income tax

Former consultant takes over financial adviser Dunedin's assests

The remaining assets of a collapsed independent financial advice firm in Glasgow have been taken on by one of its former consultants.

Wealth and Asset Management