Managers of Wealth

10 years on, Australians are a picture of wealth

A new statistical snapshot paints a fascinating picture of wealth in Australia.

Perspective suspends adviser over rival firm launch

Son of Applewood Wealth Management MD Karl Hartey launched directly-authorised firm in May

FirstRand opens new asset, wealth manager

FIRSTRAND has opened a new asset and wealth management franchise — Ashburton Investments — in an already crowded asset management sector in South Africa.

BNP Paribas Wealth Management Awarded Best Foreign Private Bank in Hong Kong

For the second consecutive year, BNP Paribas Wealth Management was awarded the Best Private Bank in Hong Kong Award

Ex-HBOS chief James Crosby stripped of knighthood

The report described him as the "architect" of the strategy that led to HBOS' downfall.

RBC Seeks Wealth-Management Deals Up to $5 Billion, CFO Says

The bank, Canada's largest, has been actively growing its wealth management business over the last few years

HSBC tops list of Europe's biggest banks

HSBC has leapfrogged France and Germany’s largest lenders

Deutsche Bank's Sal. Oppenheim expects profit by 2015

Deutsche Bank's wealth management arm Sal. Oppenheim expects cost cuts

Old Mutual Wealth's Feeney in line for £400k bonus

The Plan will reward success in achieving these objectives by linking awards to the growth in value of the OMWM business through quality and sustainable earnings.

Deutsche Bank says is confident on asset wealth management goals

"The first year was about integration. Now we can invest and bring the business to the next level.

UBS Toppled After 12 Years at the Top of Extel

UBS has done rather well.

What's Distinctive About Middle Eastern Philanthropists?

The Index is derived from a Forbes Insights survey of 303 individuals with a minimum of $5 million in investable assets.

National IFA opens Cambridge office

It plans to add a further five advisers over the next 12 months.

Charles Stanley Profit and FUM increase

Profit before tax was £9.1 million (2011-12: £8.5 million), an increase of 7.0%.

Deutsche Bank not eyeing takeovers in wealth management

Deutsche Bank co-chief executive Anshu Jain said the German flagship lender is not pursuing takeovers in asset and wealth management, a business the bank is seeking to grow rapidly.

Towry’s Fisher hits back at Aviva over direct-to-consumer plans

Earlier today Aviva Life chief executive David Barral told the same conference that Aviva was looking at developing an online direct-to-consumer proposition to tap into its back book of clients.

Commission to demand radical overhaul of punishment for bankers

City is to demand a radical overhaul of the punishment of bankers

Growing GCC wealth sees influx of private banks and increased competition

The increased wealth of those living in the Gulf Cooperation Council countries is drawing in private banks from around the world

Bankers 'could wait 10 years for bonuses'

Parliamentary commission on banking standards could recommend delay to make it easier to claw back bonuses

One of the world’s largest private wealth managers to put its faith in property

One of the world’s largest private wealth managers is to double its allocation to UK commercial property in an attempt to cash in on a recovering real estate sector.

Wealth and Asset Management