06/05/2012

GCC wealth flowing from personal to corporate assets

Strong corporate returns are driving the flow of year-on-year capital within family offices in the Gulf Cooperation Council (GCC) from ­personal assets to corporate (family business) assets, according to the third annual Invesco Middle East Asset Mana

06/05/2012

Vincent Asset Management Goes to Battle

Ryan Litfin, Managing Partner of VAM and Co-host of the popular investor advocacy show, Financial Fortitude, spoke publicly and in a YouTube video about their mission by pointing out, “Every four minutes someone is diagnosed with a blood cancer

06/04/2012

Deutsche Bank to integrate asset, wealth management

Anshu Jain, Co-Chairman of the Management Board and Group Executive Committee, said, "We have an enduring commitment to our universal banking model and will implement a team-based approach to leadership going forward."

06/04/2012

Canadian banks' wealth business sags, but prospects solid

Wealth management wasn't a big money-maker for Canadian banks this quarter as slumping financial markets kept investors on the sidelines, the second straight gloomy performance by a segment most banks view as a future cash cow.

06/04/2012

Rajat Gupta's wealth in spotlight at trial

In April 2008, a private banker at JPMorgan Chase visited her prized clients, Anita and Rajat Gupta, at their home in Westport, Conn, an elegant waterfront estate that was once owned by the retail executive JC Penney.

06/04/2012

Managing the wealth of ultra rich Asians

The explosive growth of wealth populations in emerging markets presents both eye-watering opportunities and challenges for wealth management professionals.

06/04/2012

Dubai based Wealth Management opens Malaysia office

Delivering independent financial advice and licensed by the Labuan Financial Services Authority, the Kuala Lumpur office is the fourth office to open in the region, alongside operations in Singapore, Hong Kong and Shanghai.

06/04/2012

Xstrata’s $385 Million Glencore Payout Sparks Outcry

Initial surprise at the size of the so-called "golden handcuffs" unveiled on Thursday has quickly evolved into anger, with several minority shareholders claiming that the incentives offered to Davis and a slew of other executives were a direct a

06/04/2012

Credit Suisse Money Inflows Hurt by Tax Issues

Switzerland’s tax issues have “short and medium-term negative impact” on new client money, Der Sonntag reported, citing Hans-Ulrich Meister, the head of Credit Suisse Group AG’s private banking business

06/01/2012

Wealth Managers Need Wake-Up Call - Research

Players Must Take Action on Pricing, Costs, Risk, and Client-Centricity to Raise Their Games in Low-Growth, High-Regulation Climate, Says The Boston Consulting Group's New Report on Global Wealth