Managers of Wealth

Trust unit wields the axe

Executive dismissals, nonessential-travel ban part of efficiency effort

Swiss wealth management firm earns numerous achievements and accolades

Key factors included bank performance, financial ratios, variety and clarity of products and services as well as Corporate Governance, among other factors.

New India CEO to focus on mass affluent retail segment

The 19 per cent growth in profitability compared to the previous year was aided by reduction in losses of retail and wealth management operations and higher earnings of the commercial banking business.

Swiss wealth manager remains Asia’s wealth advisory leader - study

The bank continues to be regarded as Asia’s leading private bank by the region’s wealthiest individuals.

Credit Suisse backs CEO, rebuffs SNB

The central bank's stance and a three-notch downgrade of Credit Suisse's long-term debt by ratings agency Moody's on Thursday has increased pressure on Dougan.

Swiss private bank eyes Asia and Latam

But he said they were still in the middle of talks and that the outcome was "at this stage completely open".

Philanthropy needs simpler support

Australia currently sits third in terms of giving as a proportion of GDP, behind the US and the UK.

The 10 Asian billionaires we should be watching

The names Australian wealth watchers need to know are Robin Li, Mukesh Ambani and Wee Cho Yaw.

Walker Crips investors to reap rewards after Liontrust shares sale

Walker Crips Group has disposed of its entire holding of Liontrust shares in order to pay investors a special dividend.

Liechtenstein to Focus on Asset Management, Asia, Regulator Says

Liechtenstein banks should focus on asset management and attracting inflows from wealthy Asian clients to rebuild their business,

StanChart Forays Into Islamic Private Banking

With the fast development of this industry, Muslim High Net Worth Individuals (HNWIs) are increasingly expecting Shariah compliance in managing their wealth, making Islamic wealth management solutions a key market need.

Baer CEO Says Outcome of Bank of America Talks Open, NZZ reports

Julius Baer is interested in the acquisition because of the unit’s strong presence in Asia and Latin America, Collardi said, according to the newspaper.

Covenant Multifamily Offices acquires Texas-based wealth firm

Covenant deconstructs family office model, brings institutional management and boutique services to high net worth clientele

NBAD’s Swiss Unit Targets 10 Billion Francs Client Assets

The United Arab Emirates’ second-biggest bank’s Geneva- based unit oversees about 2 billion francs after it started in 2007 to provide wealth-management services for international clients with at least 10 million francs of investable assets, T

Safra, Sarasin seek to dampen talk of rift

The banks sought to quell speculation of a rift after Sarasin's two independent board members said on Tuesday they would resign as soon as Safra's acquisition was completed.

Ray Soudah: the M&A outlook for UK wealth management

This is particularly evident in the UK and other similar jurisdictions which host a significant number of financial services firms, many of them private banks and wealth managers serving retail, affluent and high net worth individuals.

ABN AMRO MeesPierson raise bar among private banking experts

Each high-net-worth individual has a unique situation and goals related to their wealth, and therefore a specific set of needs.

ABN AMRO Voted Overall Best Private Bank In Singapore‎

At regional level, ABN AMRO is ranked favourably by high net worth clients. It is among Top 5 Best Global Private Banks in Asia, for the US$5.01 million - US$25 million AUM category, and among the Top 10 Best Global Private Banks in Asia, for both AUM ca

Swedbank and SEB Wealth Management buy four Hipoteku Bank commercial segments

Three commercial segments in the state-owned "Latvian Mortgage and Land Bank" have been acquired by Swedbank,

BofA Said to Cut Some Managers in Wealth-Management Unit

Executives who oversaw trust officers and private-client advisers at the firm’s U.S. Trust unit were dismissed this month amid a companywide review of expenses (BAC) at the Charlotte, North Carolina-based bank, said the people, who requested anonymi

Wealth and Asset Management