09/29/2013
UBS bootcamp readies private bankers for new front in wealth management
The wealth management industry is in the midst of a paradigm shift, from being about relationships to being about advice
Wealth and Asset Management
09/29/2013
Standard Life completes £83.5m acquisition of Newton Private Clients
Standard Life plc announces that Standard Life Wealth, one of the UK's fastest growing discretionary fund management businesses, has successfully completed the acquisition of Newton Private Clients from Newton Management Limited.
09/27/2013
PAM Insight Hosted a Successful Dinner for Private Client Wealth Management CEOs
Thirty-three discretionary wealth management CEOs enjoyed dinner and discussion on ‘Tackling Current Issues and Looking Ahead to 2014’, organised by Wendy Marston Events, on behalf of PAM Insight.
09/27/2013
Bob Diamond Backs Barclays' £6bn Cash Call
Bob Diamond, the former boss of Barclays, is to spend up to £6m backing the bank's £6bn cash call after acknowledging it has become a "better and stronger institution".
09/26/2013
Coutts hosts client investment breakfast
Coutts yesterday hosted a client investment breakfast at The Alderley Edge Hotel in Cheshire.
09/26/2013
Wealth manager outlook: welcome to the 20mph recovery
We are probably judging economic growth by the wrong scale
09/26/2013
Allianz unveiled the fourth edition of its "Global Wealth Report"
Allianz unveiled the fourth edition of its “Global Wealth Report”, which puts the asset and debt situation of private households in more than 50 countries under the microscope.
09/25/2013
New wealth firm sets sights on HNW investors
Mr Hamilton said that clients in this market are looking to grow and retain wealth which differs from other areas of the finance market.
09/25/2013
Scotiabank Seeks to Boost Wealth Earnings to 30% of Profit
The unit is also targeting “organic” earnings growth, which excludes acquisitions, of more than 10 percent, and a return on economic equity of at least 16 percent to 20 percent.
09/25/2013
High Value Immigration Award Winners announced
The winners of the inaugural High Value Immigration Awards were announced this evening at a high profile ceremony at the Westbury Hotel in Mayfair
09/25/2013
Barclays scraps full wealth management service for sub-£500k clients
Barclays has around 8,000 employees working in wealth management globally.
09/25/2013
Deutsche Asset & Wealth Management Named Best Asset Manager
Deutsche Asset & Wealth Management announced today that its insurance investment business has been named Best Asset Manager 2013 by Reactions
09/24/2013
Asia-Pac's rich outpaces rest of world - RESEARCH
The population and wealth of Asia-Pacific's high net worth individuals increased at double and triple the rates of HNWIs in the rest of the world over the last five years
09/24/2013
Former UBS MD resurfaces
We are delighted to welcome an executive of Ben's calibre to our company.
09/24/2013
Towry acquires Scottish financial planning firm
Head of Wealth Advice Andy Cowan said: "Towry has been keen to seek growth opportunities in some of our most important client regions, including in Aberdeenshire, and as such we see Conclusion Financial Planning as an excellent fit for our business.&
09/24/2013
Singapore to outstrip Switzerland as wealth hub by 2020
The Lion City is the fastest growing wealth centre in the world, with the number of millionaires there having doubled in the past five years.
09/24/2013
Barclays to shut wealth management services in 130 countries
“The wealth management landscape continues to evolve at pace,” Peter Horrell, Barclays chief executive officer of wealth and investment management, said in a statement.
09/24/2013
StanChart pumps S$810k into Singapore rugby
SCB first came on board as a sponsor of the SRU in 1997.
09/24/2013
Raymond James reports gains in private client arm
Although underwriting activity was soft in August, M&A posted strong results for the month. Fixed Income trading profits continued at a reasonable pace but commission volume remains challenged.
09/23/2013
Leading Swiss private bank to exit wealth management for some countries
In other markets including Denmark and Israel, the bank will shut out less wealthy clients and focus on those with balances over 1 million francs, the paper said.