Managers of Wealth

Weatherbys opts to shut internal investment arm and outsource

The bank said that it remains committed to providing private banking and wealth management services to its clients.

Deutsche Bank Will Merge Swiss Wealth Management Units

The firm said Oct. 30 it will complete the majority of the job reductions, including 562 in asset and wealth management, by the end of this year.

Wealthy homeowners await tax shake-up

On Tuesday the government will publish its draft finance bill, which will include details of the annual charge on corporate vehicles – both UK and overseas – used to buy expensive homes. The annual charge proposal was laid out in March’

Bank Sarasin-Alpen recognized as the “Best Wealth Manager” for the second year in a row

Bank Sarasin-Alpen won the Best Wealth Manager award at the Islamic Business and Finance Awards 2012 for the second consecutive year. The Awards ceremony was organized by CPI Financial, publisher of Islamic Business and Finance magazine. Rohit Walia, Exec

$1.2 trillion assets of the rich in GCC

Asia Pacific was the star performer, which saw the number of HNWIs in the region rose by 1.6% y-o-y to 3.37 million individuals in 2011.

1 million rich Gulf families own wealth worth $ 1.2 trillion

One million wealthy families in the Gulf Cooperation Council (GCC) countries own investment assets worth about USD 1.2 trillion, a new report has said.

Italian families lose 40 percent of their wealth in a decade

The findings show the scale of the challenge facing the country.

Job-hunting investment bankers, please note: Wealth managers want to hire you

Both foreign and Indian wealth management and private banking firms such as Barclays, India Infoline and Karvy are looking at sourcing talent from the investment banking segment.

Coutts: Million-pound donations hit five-year high

Living individuals therefore continue to be the most significant source of the largest donations.

Skandia hires wealth management consultants in sales revamp

Skandia is introducing a layer of 'wealth management consultants'

Berry launches 'Performance Tracker'

Berry Asset Management has further enhanced its investor experience, with the introduction of its innovative new Performance Tracker facility.

Mobile millionaires place family and quality of life above business interests - RBC Research

Global mobility shapes investment approach; Cultural ties influence wealth transfer and philanthropy

Falcon Bank Eyes More Buys After Clariden Deal

Falcon Private Bank plans to acquire wealth management boutiques that manage between $500 million and $4 billion in assets.

TD Bank acquisition to boost North American wealth business

TD Bank has been expanding aggressively in retail banking in the U.S. in recent years.

Private Banking Arm Helps Bank of America Boost Profits

Among the banks offering special treatment, for a fee, is Bank of America.

UAE bankers get the biggest salary hikes

Among the professional services sector, bankers in the UAE got the biggest pay hikes this year, says a recruitment expert in the country.

Coutts launches new accounts and extends international offering

They will also deepen the international client product offering as each of the products is offered in Euro and US Dollar, as well as Sterling.

FSA Warns Banks On Bonus Culture

They were also informed that the bonus cuts should go beyond the required evidence of banks clawing back pay awarded to executives and staff involved in mis-selling.

Entire Wealth Management to launch transactional service

Even low-value clients will still need advice post-RDR, IFA argues.

U.S. Bank opens Ascent ultra-high wealth family office

This isn’t for the moderately wealthy. Ascent targets clients with a minimum net worth of $50 million.

Wealth and Asset Management