Managers of Wealth

New names are weighed up for JO Hambro Investment Management

JO HAMBRO Investment Management is considering a name change to honour co-founder Richard Hambro

Wegelin Chief Takes Blame for Bank's Collapse

Konrad Hummler Took full Responsibility for the closure of Wegelin & Co., after it paid US penalties of $57.8 million for helping clients avoid some $20 million in taxes.

Julius Baer reports Assets under management up 15%

Operating income rose by 25% year on year

Preliminary results for 2Q 2013; UBS reaches agreement in principle to settle industry litigation with FHFA for RMBS offerings

UBS estimates that for the second quarter of 2013 its operating profit before tax was approximately CHF 1,020 million and its net profit attributable to shareholders was approximately CHF 690 million.

Bellpenny acquires Entire Wealth Management

This has enabled us to remain very selective in our acquisition strategy.

South African-headquartered wealth manager Sponsors Prestigious International Opera Awards

South African-headquartered wealth manager has taken up exclusive sponsorship of the newly launched International Opera Awards

Arrested Vatican Prelate Aced as Private Banker

Magistrates’ says Prelate Used Web of Contacts Illegally

Mayfair Mews Pays Out for Property Mogul

The Property Tycoon Wrapped up in a Legal Battle with the Serious Fraud Office Has Had One Piece of Good News of late

New Economic Study Reveals Global Built Environment Wealth Tops $193 Trillion

EC Harris is today publishing a landmark global study which provides fresh insight into the current and future prosperity of nations across the world based on analysis of investment in infrastructure and the built environment.

The Sullivan Wealth Management Team Leaves Morgan Stanley for BHWM; Firm Expands CA Presence

The move marks the 11th advisor team to join BHWM, and will bring a projected asset transition of approximately $110 million to the firm.

Julius Baer CEO Expects Swiss-U.S. Accord to Resolve Tax Dispute

Julius Baer Group Ltd. Chief Executive Officer Boris Collardi expects talks between the U.S. and Switzerland to produce an agreement that will allow Swiss banks to resolve a tax-evasion dispute

ABN Amro gets ready for Privatisation, if the Timing is Right

Nationalised Dutch Bank ABN Amro will be ready to be privatised again by Next Summer

A third of millionaires row about inheritance, says Coutts

The bank, which includes the Queen among its clientele, collated the views of 270 people with "liquid assets" of more than £1m.

HSBC not Willing to let go its Private Banking Business

Reshaped European structure could help the private bank expand in markets of Asia and Latin America

Cost of weeding out criminals and tax cheats hits private banks

Private banks managing the financial affairs of the world's wealthy face spending millions of dollars every year on vetting new clients

Abu Dhabi sell £2.2bn stake in Barclays

Abu Dhabi has sold its entire holding in Barclays worth more than £2bn, it has been revealed.

Seymour Pierce buy helps WH Ireland hang in the black

WH Ireland’s acquisition of Seymour Pierce’s private client business helped the firm posted a tiny profit in its first half.

UBS Leading Southeast Asia Stock Sales on Billionaires

UBS AG Jumped to the Lead among Share-Sale Underwriters in Southeast Asia for the first time in six years,

Bank of Singapore picks M&C Saatchi to reach out to more HNW's

Bank of Singapore, the wholly owned subsidiary of OCBC Bank, has selected M&C Saatchi Singapore as its creative agency.

Arbuthnot Private Bank assets surge 28% in H1

Profit for the period decreased to 1.40 million pounds from 10.43 million pounds prior year.

Wealth and Asset Management