Managers of Wealth

Deutsche Bank publishes Annual Report 2011

Deutsche Bank has published its annual report for 2011.

Societe Generale Private Banking launches innovative wealth management tool

Dialogue & Asset Allocation is an innovative approach created by Societe Generale Private Banking for managing its private clients' financial and non-financial assets

Arbuthnot aborts Swiss venture, sells operation

The Board of Arbuthnot Banking Group PLC has today agreed terms for the sale of Arbuthnot AG.

Credit Suisse to Hire for Wealth Management

Osama Abbasi, Asia Pacific chief executive officer at Credit Suisse Group AG, talks about the company's business strategy for the region and the Asian investment conference that the bank is hosting this week in Hong Kong.

Does sales culture pose a wealth management risk?

Boutique wealth managers have blamed the findings on the aggressive sales culture present in certain institutions, while private banks have been quick to refute the claims.

Swiss banks still draw rich despite secrecy blows

Swiss bankers are on the defensive with their secretive industry under sustained attack for sheltering tax dodgers. Some cannot travel abroad for fear of arrest in tax investigations.

AES International Opens First Office in Zurich ‎

AES International operates in several jurisdictions around the world, providing financial planning, wealth management and private banking services to expatriates living and working in Europe, the Middle East and other international markets.

RBS To Sell Coutts' Latin American, Caribbean, African Ops‎

The business to be acquired includes clients who reside in Latin America, the Caribbean and Africa, as well as key private banking staff based primarily in Geneva, Switzerland and also includes a team in the Cayman Islands.

Liechtenstein's LGT Reports Strong Inflows

Despite a challenging operating environment, LGT Group posted a solid result for the first half of 2011.

French investment house out to conquer the City

The French are coming. One of France's leading asset management houses, Carmignac Gestion, launches in Britain this spring.

Shining Shoes Best Way Wall Street Women Outearn Men

Female personal care and service workers, which include butlers, valets, house sitters and shoe shiners, earned $1.02 for every $1 their male counterparts made in 2010, according to census data compiled by Bloomberg.

New private bank stores £25m war chest for buys

Chief executive Ray Entwistle, former chairman of Adam & Co, said if the firm’s next round of fund raising was successful and the team decides to go ahead with the venture, the private bank will build a dedicated investment capability.

Affinity founder Stearn on why he left the security of Fairbairn

Throw in an ongoing eurozone debt crisis, volatile markets and growing regulation simmering in the background and you have definitely set yourself a challenge.

Barclays Wealth launches intermediary DFM service

Barclays Wealth has launched a discretionary portfolio management service to be offered through the intermediary market.

QNB Group and Harrods Estates Host London Luxury Property Investment Event

QNB Group is represented at the event through its Private Bank and priority banking arm, QNB First.

Banks strive for concessions in Asia

KEB is considering enhancing “the private banking business, focused on wealthy Koreans residing in countries such as Japan, Indonesia and Hong Kong.”

Barclays Said to Plan Dropping Barclays Capital, Wealth Names

Barclays will drop the Barclays Capital name from its securities unit after 14 years as it tries to offer clients more services from across the bank.

More banks to tap into emerging wealth segment in Asia

According to reports, the number of wealthy Asians will grow 140 per cent and reach 2.8 million by 2015.

China 'wealth exodus' underestimated

The scale of the exodus of wealth from China caused by investor immigration is much larger than previous estimated, according to China Daily's interviews with emigration agents and experts.

UBS cuts bonus pool to $3.2bn, IB bonuses down 60pc

The comments were published overnight in the bank's annual report, confirming bonus pool figures outlined on February 7 when UBS gave earnings.

Wealth and Asset Management