11/28/2011
Iceland says no to Chinese billionaire's land bid
Huang Nubo, a 55-year-old former Chinese government official and one of China’s richest entrepreneurs, had hoped to “create a vast nature retreat” in northeast Ireland, according to AP.
Wealth and Asset Management
11/28/2011
Hedge fund gazillionaire prepares bid for Dodgers
Cohen is said to be working with Steve Greenberg, an investment banker with Allen & Co. who has close ties to Major League Baseball (he was deputy commissioner for a while).
11/28/2011
European banks told to value sovereign writedowns consistently
The debt swap may take place next month, says IIF
11/24/2011
Bermuda-based lender reports healthy Q3 results
Interest income increased to $11.40 million from $4.15 million in 2010. This increase was driven by the reallocation of a portion of the bank’s balance sheet out of cash products and into a diversified portfolio of higher yielding securities.
11/24/2011
Swiss financial boutique strengthens focus on private banking
Valartis Group sells unit to Cornèr Bank
11/24/2011
Swiss banks go back to their roots
As the credit crisis has hit Swiss lenders on varying degrees, the firms are moving back to wealth management
11/23/2011
More than half of UK's super rich are saturated in London - report
Wealth-X lists the population of HNWIs by city
11/23/2011
Global tax on the rich proposed by Egyptian businessman
EFG Hermes CEO said the proposed tax would aid in saving capitalism
11/23/2011
Wines and jewelries among top hits at Christie's Geneva
Robust turnouts lessen fears that auction sales would decline amid uncertain economic conditions
11/23/2011
Clients encourage to remain calm amid market volatility - survey
The study also stated that clients exercise better due diligence in looking for the right money manager
11/23/2011
Bank of Valletta forms alliance with global wealth firm
The partnership will allow BOV's clients to have wider access to proprietary funds
11/22/2011
Berkeley Has Bay Area's Largest Wealth Gap, Say Numbers
Berkeley Has Bay Area's Largest Wealth Gap, Say Numbers
11/22/2011
Wealthy Asian Moms 'Sit the Month' in Style
Wealthy Asian Moms 'Sit the Month' in Style
11/22/2011
Global banking giant debuts wealth tool
Global banking giant debuts wealth tool
11/22/2011
Private bankers in Asia are set for a major shift
Asia's banking sector is believed to be moving towards a fee-based model
11/21/2011
More wealthy clients opting for non-core services from private banks
Nowadays, private banks are ramping up their services to cater for a new generation of individuals seeking more than traditional banking and wealth management.
11/21/2011
Move to slash risky assets is backed by Weber - report
"Axel Weber is 100 percent behind our strategy,"
11/21/2011
Top private bank named Gold Sponsor at key fund-raising event
The event, which was held on October 17th 2011, featured a gala dinner, a silent auction and was attended by a number of distinguished guests and a select gathering of social figures.
11/21/2011
Private banks have better asset quality than state-run lenders
On the financial sector side, private banks are what we are overweight on, particularly because they are not seeing the kind of pressure that public sector banks are seeing...
11/21/2011
SG Private Wealth arranges financing for Delta project
“Their alliances with over 75 Private Banks, Finance Companies and Private Equity firms, including over a dozen mega-yacht lenders worldwide, gives those looking to finance their Delta vessel a valuable and discreet option.”