03/30/2012
The hiring of Andrea Orcel last week underlines the bank's commitment to grab more market share in the business of advising clients on mergers and acquisitions and other deals, Naratil told investors at a banking conference in London.
03/30/2012
As returns dwindle and financial markets lurch from crisis to crisis, more investors are focusing on how much they are paying for financial advice and products that aren't living up to expectations.
03/30/2012
According to the Money Across Generations II SM study, this hasn't necessarily prompted the adult children of boomers (predominantly members of Gen X and Gen Y) to feel any more confident about their financial future than their parents - but maybe
03/30/2012
While the high-net-worth market share of wirehouses slipped to 45% from a peak of 56% in 2007, and is projected to fall to 42% by 2014, both of the industry segments with which wirehouses compete in this space—traditional private client groups and m
03/30/2012
New silk route to Singapore
Every year, hundreds of Chinese private bankers gather in Hongqiao, a nondescript corner of smog-shrouded Shanghai, to learn the basics of wealth management.
03/30/2012
CIBC's Wealth Unit Aims For More Institutional, Banking Clients
The Canadian Imperial Bank of Commerce's wealth-management unit is looking to lure more institutional clients and sell more wealth-management products to retail-banking customers to bolster earnings over the next five years.
03/30/2012
British expats are now more likely to move abroad primarily for career progression and challenges – with lifestyle as a secondary factor.
03/30/2012
WH Ireland is to rebrand nine of Pritchard Stockbrokers’ offices and open another office in Lymington, Hampshire, in a move that will double its regional presence.
03/29/2012
So what’s the biggest take-away for asset managers in the wealth management space?
03/29/2012
Oudea's bonus slid to 682,770 euros ($909,900) from 1.2 million the year before, SocGen, France's No. 2 lender, said in a regulatory filing.
03/29/2012
In the last couple of years, the art market has been enjoying a revival as investors begin to realise the importance of art as an alternative investment to diffuse risk
03/29/2012
The companies together had $2.1 trillion in assets from clients with at least $5 million to invest.
03/29/2012
That strategy has drawn at least 48 brokers with more than $6 billion in client assets under management since January, based on moves of top brokers tracked by Reuters, far more than the other top US brokerages.
03/29/2012
It found that the prices of high-end properties in Hong Kong have increased at a 60 percent compound annual rate since 2009.
03/29/2012
The Super-Rich's Favorite Cities
The British Royals aren't the only rich people that love London.
03/29/2012
Hong Kong’s private banking industry is in talks with the government and regulators seeking the removal of some red tape and compliance requirements implemented after the financial crisis, to help it sell products to more of the region’s multi
03/29/2012
Conner will retire as CEO next month after a decade running OCBC. He will be replaced on April 15 by Samuel Tsien, who has run the bank’s global corporate bank since 2007.
03/28/2012
The report claims that the presence of women in senior roles across the German banking sector was a contributing factor to the banking crash, alongside the bonus culture and lack of sufficient regulation.
03/28/2012
Cutting high wages would allow employers to take on many more employees.
03/28/2012
The PwC report claimed that cases, and the perceived threat from the crime, had grown in the sector globally.