Managers of Wealth

Pictet dismisses M&A as disruptive

A wave of consolidation has been widely forecast for Asia’s private banking industry, but whether this is a healthy development for the market remains open to conjecture.

Swiss fund body sets ambitions higher

The SFA, however, sees banks’ weakened hold on the Swiss financial services industry as an opportunity for its asset management industry to flourish.

Only one in eight will pay for ongoing advice, survey finds

Its survey of 2,028 people from households with incomes of more than £50,000 found that while 81% would seek financial advice, only one in eight would pay for an ongoing service.

Importance of the Swiss banking sector - RESEARCH

A new study by the Swiss Bankers Association shows the key role Swiss banks continue to play in the overall economy.

Rothschild eyes growth as UBS duo boost its wealth team ‎

Their experience with ultra high net worth individuals will be extremely valuable in meeting increasing demand for Rothschild’s services from this client segment in particular

Openwork paid nothing for 2Plan acquisition

Openwork, which is 25 per cent owned by Zurich, acquired national IFA 2Plan in July 2011 after announcing the deal in September 2010.

1st Global launches wealth management feasibility analysis program

New Programs provides a risk-free assessment for CPA firms aiming to expand wealth management services

Coutts Hires Another Ex-Barclays Employee For New Senior Role ‎

She worked as head of strategic partnerships and international third party distribution at Barclays, leading a team setting up commercial joint ventures with overseas banks.

How Wealthy Families Can Protect Against Financial Predators

Why don't wealth management firms do more to protect families from financial predators?

The World’s Richest Country

This figure is no doubt bolstered by the staggering number of millionaires in the city-state, which Knight Frank and Citi Private Wealth predict will only keep growing.

Business as usual for Standard Chartered Singapore

In a statement released on Wednesday, Standard Chartered Bank Singapore's chief executive officer Ray Ferguson said it has been "business as usual" for its operations, though some customers have raised concerns about recent developments sur

NAB Wealth claims improvements, despite lower FUM

Overall, the NAB statement noted that, on a statutory basis, unaudited net profit attributable to the owners of the company for the June quarter was approximately $1.2bn.

Wealth boutiques merge ahead of RDR ‎

James Hambro & Partners is merging with another wealth management boutique, ahead of changes due in January as part of the UK's Retail Distribution Review.

EuroMillions Win - Coutts

With EuroMillions in the spotlight following the announcement of the latest jackpot winners, speculation grows as to what the winning couple will do with their windfall.

When your client wants to get rich from a Warhol

A decade ago, the questions Annelien Bruins got from clients who wanted help building art collections were about how to find pieces they'd love.

When a rugby scrum meets a financial scrum

Included in the squad will be Harlequins and England captain Chris Robshaw and fellow internationals Mike Brown, Ugo Monye, George Robson and Nick Easter.

St.Galler Kantonalbank is doing well in the current year

In a continued challenging economic environment, St.Galler Kantonalbank achieved a good half year result. This was primarily due to the net interest income and lower operating expenses.

The UK's Wealthy are Currently Experiencing Very Different Fortunes - RESEARCH

New data on the wealthy population in the UK produced by Ledbury Research reveals just how volatile the fortunes of the wealthy are in the country.

Swiss bank BCGE cashes in on trade finance demand

Banque Cantonale de Geneve (BCGE) is seeing strong demand for commodity trade finance as trading houses become more desperate for funding following the retrenchment of traditional lenders, its Chief Executive Blaise Goetschin said on Tuesday.

Asia’s wealthy to bankers: You’re fired

That’s the message from Bloomberg, which has spotted a trend in private banking in the region that has led to a weakening of the already limited grip global banks including Credit Suisse and Citigroup have on the Asia’s private wealth.

Wealth and Asset Management