Managers of Wealth

Germany's oldest bank takes on London ‎

Bolsters London Private Banking Team ‎

Pictet AM launches EUR Short Term High Yield fund

In an environment of moderate growth, low inflation and deleveraging, EUR high yield short dated bonds offer an attractive risk/return profile in a European market that has matured at a rapid pace over the past several years.

Fund managers ‘have work to do’ on responsible investing, says Mercer

Since 2008, Mercer has been assigning ESG ratings to investment strategies that span asset classes and geographic regions.

Is bashing barclays bankers justified

As Barclays reveals its profits Channel 4 News Business Correspondent Sarah Smith asks if, in this case, it is time to stop the popular pastime of banker bashing?

Cameron calls for truce on bonuses

The government plans to play down the significance of banker bonuses over the rest of the bonus season as it attempts to call a truce in the war of words between politicians and bankers.

High-rate pensions tax relief faces axe

Wealthier savers should be stripped of the higher-rate tax relief on pensions, Chief Secretary to the Treasury Danny Alexander suggests, in a move that will increase pressure on George Osborne to make the rich pay more.

City Asset Management hit by 98% drop in pre-tax profit

City Asset Management has seen its pre-tax profit fall 98% as ‘sluggish’ markets hampered growth.

Politics of envy is taking over the bonus debate - CISI

The CISI, which represents 40,000 financial services practitioners worldwide working in the securities and investment sector, published its policy on bonuses in 2008.

Nordea named the best in Private Banking

It is the fourth time in a row that Nordea is at the top of this ranking. Nordea is also named the best provider of private banking services in Sweden

Key Capital to take over Anglo's wealth management operation

The recently renamed Irish Bank Resolution Corporation, which includes the assets of Anglo and Irish Nationwide, yesterday announced that it was entering exclusive talks with Dublin-based Key Capital on the deal.

Barclays Wealth raids rivals to expand US offering

Barclays Wealth has tapped eight financial advisors to join its Los Angeles and Chicago forces in its latest move to bolster its Americas expansion strategy.

Small private banks said to face bleak future

He said the strong Swiss franc and the tax row with the United States were adding to the difficulties.

Tiedemann Wealth Management Wins PAM Award

Named Best Private Wealth Manager Managing Over $5 Billion

RBC Recognized for Best Private Banking Services in Canada and Caribbean

The survey also highlights the success of RBC Wealth Management's Global Trust business. RBC ranked number one for Trust Services in Cayman and Jersey, and ranked in the top ten for Trust Services globally. This success follows a series of industry a

Former head of E*TRADE Wealth Management launches RIA firm ‎

The firm has $1.3 billion of assets under discretionary management.

Credit Suisse private banking profit drops

Credit Suisse Group reports 2011 net income attributable to shareholders of CHF 1,953 million, Core Results pre-tax income of CHF 2,749 million, return on equity of 6.0%, underlying return on equity of 7.3%

L&T Finance to offer wealth management, hires EFG brass

L&T Finance is actively looking to enhance its product line and is looking to foray into a business that many foreign players are struggling to sustain --wealth management.

BNY Mellon announced as new Boat Race Title partner

Over 300,000 people watch the Race from the riverside and the event is shown live on BBC TV as well as being transmitted to over 200 countries around the world.

Swiss Private Bank Charged in U.S. With Aiding Tax Evasion

The indictment follows charges filed Jan. 3 against three Wegelin bankers accused of conspiring to help U.S. clients hide more than $1.2 billion in assets from American tax authorities. Wegelin announced on Jan. 27 that it agreed to a sale to Switzerland&

Former Merrill Lynch banker to promote Qatar as rival to the City

Famed for his "little black book" of City contacts, was also appointed one of David Cameron's ambassadors last year and advised the Mayor of London on measures the City should take to remain globally competitive.

Wealth and Asset Management