Managers of Wealth

RBC's Charge Up M&A Rankings Hits a Bump

A court ruling against RBC Capital Markets LLC turns on the bank's role in an area where it has made significant inroads lately—lending for U.S. private-equity deals.

Banks counting on wealth managers to build new revenue

The survey uncovered the five key traits of Pacesetters and the top challenges they face for continued success.

Credit Suisse Overrode Due Diligence Standards And Accepted Questionable Loans: Court Filings

Top officials at Credit Suisse instructed subordinates to override due diligence standards and accept questionable loans

Vistra expands in Spain

The acquisition strengthens Vistra’s presence in Spain and increases its access to the fast-growing Latin American markets.

Bestinvest teams up with The Times for new wealth service

The Times and Sunday Times have teamed up with Bestinvest to launch a wealth service.

IBS Intelligence again ranks Avaloq bestselling private banking solution in the world

This marks the second year in a row that Avaloq has been awarded with the top rating.

Wealth Management Firms Continue to Lag in Recruiting Women Advisors

The situation is hardly unique to finance of course, with female CEOs accounting for fewer than 5 percent of corporate chiefs in the Fortune 1000 and fewer than 17 percent of directors.

The silence on Singapore’s wealth gap

Every capitalistic society will exhibit some inequality as the just rewards for differing work effort.

Fears grow over buyside's liquidity mismatch

Asset managers are revolutionising their approach to bond trading to counter growing fears over their ability to keep pace with redemptions in the event of a sudden pullback from fixed income.

Natixis video: Making smarter use of asset classes

This video from Natixis Global Asset Management focuses on Active Share. One strategy for the smarter use of equity investments is ensuring you get what you pay for.

Schroders chooses Cazenove brand for wealth arm

It marks a shift from the strategy employed with the integration of the two fund management businesses, which saw Cazenove's funds rebranded Schroders.

Ranks of mega-wealthy to surge as Toronto leads way (Sorry, Vancouver)

The wealthy of Montreal will see their numbers climb 18 per cent to 613 from 520, while Vancouver lags with a 9-per-cent increase to 278 from 255.

Old Mutual Wealth admits liability claims are inevitable in wake of Intrinsic deal

Old Mutual Wealth has admitted liability claims following its acquisition of Intrinsic are inevitable but says the deal was still worth doing.

OMW purchase of Intrinsic to spur recruitment: Feeney

The chief executive of Old Mutual Wealth said the firm planned to increase headcount this year by up to 250 advisers

Rich get richer but give less to philanthropy

The index, which was produced by Forbes Insights, is based on an anonymous online survey of individuals with at least US$5 million in investable assets

Global financial services firm aaid to review options for Swiss Private Bank

Last year sold its wealth-management operations in the U.K., Italy and Dubai to Credit Suisse Group AG.

Schroders' profit soars 24% post-Cazenove buy

Michael Dobson, Chief Executive, commented: “2013 was a record year for Schroders, with profit before tax and exceptional items up 41 per cent. to £507.8 million and assets under management up 24 per cent. to £262.9 billion.

Almost 500 staff receive more than £1m at Barclays

Barclays paid 481 staff more than £1m ($1.67m) last year, prompting criticism that pay is still too high and that banks have not changed their ways since the financial crisis.

Wealth manager comparison site takes on Singapore

Dominic Gamble, challenger to the wealth management industry and founder of findawealthmanager.com, has launched in the Far East.

Ireland the European domicile of choice for global asset managers - survey

Nearly three quarters of 200 global asset managers surveyed recently say they would now choose Ireland as one of their top three European fund domiciles, if they were starting over.

Wealth and Asset Management