04/25/2012
Emirates NBD, Dubai's largest bank by market value, reported a forecast-beating first-quarter net profit as a near 50-percent rise in non-interest income and lower impairments boosted profitability.
04/25/2012
Bank of Singapore becomes first Private Bank that can train and assess private bankers
The Programme aims to equip Bank of Singapore private bankers with the relevant skill sets and qualifications to uphold the highest standards in delivery of client-centric advice and consistent client experience.
04/25/2012
Standard Life's retail platform assets rose 26% in the first quarter of the year compared with the same period in 2011, as the group added an extra 41 adviser firms on its wrap.
04/24/2012
It will also face anger over the bill associated with a flood of customer complaints over the mi-selling of payment protection insurance, which is understood to have run to more than £100m.
04/24/2012
The Atlanta-based asset management company wants to sell Atlantic Trust Private Wealth Management, which has $18 billion in assets under management, because it is not core to its business, three of the sources said.
04/24/2012
The market for wealth management in South Florida is vast, as is the number and scope of institutions that serve the high net worth segment.
04/24/2012
IMCA, the Investment Management Consultants Association, provides credentials and education to the wealth management industry and is growing. Last year, IMCA’s Certified Investment Management Analyst certification became the first financial services
04/24/2012
As part of this initiative, Emirates NBD Private Banking also offers a range of customised financing solutions for investors interested to buy new aircraft or re-financing options for recently purchased ones.
04/24/2012
Villiger, whose tasks include developing recommendations for the CEO’s pay with the compensation committee, said the bank won’t assess Ermotti’s performance by profit alone, but will also include targets for boosting capital ratios and c
04/24/2012
Wealth managers also expected those with $30m of investable assets to account for 24 per cent of their $3tn under management, up from 19 per cent in 2011.
04/24/2012
Barclays today announced that it has appointed four senior private bankers in Singapore, in a move that underlines Singapore’s importance as a wealth management hub for the bank
04/23/2012
The Biennale des Antiquaires, France’s oldest art fair, is looking to profit from the growth of Asian wealth by starting a mini-biennale in Hong Kong.
04/23/2012
The latest hot topic that Chinese Private Bankers argue about when they get together is which foreign destination is favored by wealthy Chinese clients.
04/23/2012
David Cameron's family could have money tied up in offshore tax havens after it was revealed his father made a fortune through a network of offshore investment funds.
04/23/2012
Switzerland has recently tried to shed its image as a tax haven, signing deals with the United States, Germany and Britain to provide greater assistance to foreign tax authorities seeking information on their citizens’ accounts in the Alpine nation.
04/23/2012
The research carried out by Oxfam Scotland revealed that domestic security topped the list for priorities in life.
04/23/2012
Asia's leading wealth managers, who have combined assets under management (AUM) of more than US$3 trillion, are bullish on global economic outlook in 2012, according to the results of a survey released Monday.
04/23/2012
ME bank sets up private banking division
The agreement was signed by Mr. Varouj Nerguizian, Executive Board Member and General Manager
04/23/2012
Pay packages for executives in Britain’s biggest companies have escalated out of all proportion to their financial performance or value to society, some of the City’s most powerful investors warn today.
04/20/2012
It said that in the past seven months, Northern Trust Hedge Fund Services (NTHFS) had secured 22 client wins on four continents.