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Wealth and Asset Management

01/26/2013

Top 10 Wealthiest Italians

Topping the list is Michele Ferrero

01/26/2013

Swiss City Fears for Cultural Legacy in Wake of a Bank’s Fall

It is not just that it was the oldest bank in Switzerland

01/24/2013

Global Wealth Managers Will Be 'Winners' in 2013 - Analyst

Wealth management is the most attractive and undervalued business for the banking universe in 2013

01/24/2013

SUN LIFE, RBC named to Global 100 in Davos

Sun Life Financial ranked 85, while Royal Bank of Canada came in 87

01/24/2013

Brooks Macdonald discretionary assets jump 23%

Brooks Macdonald Group plc today announces a trading update for its half year ended 31 December 2012 together with an update on its funds under management.

01/23/2013

Reliance Financial Corporation to Acquire Citigroup Trust-Delaware, N.A.

"This acquisition allows us to continue our focus on the institutional marketplace and will strengthen our competitive position as a leading national trustee."

01/23/2013

Emerald Bay Hires Sanctuary Wealth Services

Emerald Bay Wealth Management specializes in wealth management for multi-generational families.

01/23/2013

Emerald Bay Hires Sanctuary Wealth Services

Emerald Bay Wealth Management specializes in wealth management for multi-generational families

01/23/2013

St James's Place rides crisis with robust 2012 sales

Funds under management of £34.8 billion (2011: £28.5 billion) up 22% over the year

01/22/2013

MLC launches consulting service for ultra-HNW

Portfolio Solutions will be limited to individual and small institutional investors with more than $3 million in investable assets.

01/22/2013

Focus Financial Partner Firms Complete Strategic Deals

The deals boost client assets by approximately $450 million

01/22/2013

More major reforms on the way for China's asset management industry

A well developed financial infrastructure is a must for any real economic powerhouse in the world.

01/22/2013

HSBC’s Swiss Private Bank Sells Geneva Building for $116 Million

“Geneva is our stronghold in Switzerland.”

01/22/2013

Close Brothers AM set to move into the black

Revenue margin also improved.

01/21/2013

Quilter-Cheviot £12bn merger given green light

Fund manager merger to be completed after regulator agrees deal.

01/21/2013

Ongoing adviser fees averaging at 0.6%: FundsNetwork

Platform sees 10,000 clients set up on fee service since its launch in October.

01/21/2013

Swiss Banks Vie for Declared American Assets Amid Probe

UBS expects to report assets at its Securities and Exchange Commission-registered business rose 20 percent to $4.6 billion last year

01/21/2013

How do you impress someone who can afford almost anything?

Private banking's new play: schmoozing with a dynasty

01/20/2013

MS Wealth Management vaults past margin target

Unit ahead of schedule, records 17% pretax margin in Q4; 'let's not get too wound up'

01/20/2013

SSgA's AUM climbs 13% in 2012; ETFs up 38%

Also Friday, State Street announced it was cutting 630 jobs, or 2% of its workforce, this year “to capture further efficiencies and cost savings.”

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