Managers of Wealth

Pursuit of real estate by rich lifting up Hong Kong prices

It found that the prices of high-end properties in Hong Kong have increased at a 60 percent compound annual rate since 2009.

The Super-Rich's Favorite Cities

The British Royals aren't the only rich people that love London.

Hong Kong private bankers seek less red tape

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

DBS Pays CEO Piyush Gupta S$8.08 Million on Record Net

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.

Women executives in banks prone to more risk taking, says study

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.

A little austerity for the rich could go a long way

Cutting high wages would allow employers to take on many more employees.

Cybercrime threat on the rise, says PwC report

The PwC report claimed that cases, and the perceived threat from the crime, had grown in the sector globally.

AXA Wealth announces restricted advice model

The package, which will run alongside its existing independent advice model, is expected to be available in the market in Q2, and will offer a flexible, bespoke approach to what AXA Wealth currently offers by way of support and pricing.

Swiss Bank UBS Rejects Allegations in French Book

The bank said the allegations in the book "Ces 600 milliards qui manquent a la France" — or "The 600 billion missing from France" — were "false and ungrounded."

EU lawmakers want tougher rules on banker bonuses

The bloc's parliament and member states are approving a draft law to implement Basel III, global rules to toughen up bank capital and liquidity requirements from 2013 to plug regulatory gaps highlighted by the financial crisis.

Adams Hall Asset Management Opens Dallas Office

Firm appoints experienced wealth management professional to lead expansion into Texas

TV Journalist Starts Woman-Owned Advisory Firm in Manhattan

Back in 2010, Financial Planning featured Wong Ulrich on its cover with a story she authored about the changing face of financial planners. In the piece she argued that more planners of color are needed to serve the growing ranks of wealthy minorities.

Citigroup Study Shows Asian Rich Topping North American

The number of Asians with at least $100 million in disposable assets overtook North America’s tally for the first time as the world’s “economic center of gravity” continued moving east, Citigroup Inc.’s private bank said.

Citigroup Study Shows Asian Rich Topping North American

RBC Pushes to Double Wealthy-Client Assets in Emerging Markets

Royal Bank manages about $20 billion for customers living in those markets through local offices and wants to expand that to $50 billion, Barend Janssens, head of wealth management in emerging markets for the Toronto-based lender, said today in an intervi

Private banking is huge but banks mustn’t overlook common folk

Private banking is now big business.

Will the British Rich Stop Giving?

The U.K.’s new budget has ignited all manner of class warfare. Retirees say it’s a gift to the rich at the expense of the poor. The wealthy say it’s another attack on success and job creators.

Coutts investment complaints up 32% on year

Coutts has continued to see a steady increase in the number of client complaints filed with it, with banking complaints up almost 10% on the year before and investment complaints up 32.1%.

Barclays unveils "Little Book of Wonders"

Barclays wealth and investment management division today launches a new concept in client experience.

Canadian 'women of means': a force to be reckoned with

According to the latest poll from Investors Group, the majority (61 per cent) of Canadian working women in relationships feel accomplished in their ability to earn good money and more than half (51 per cent) say they are personally fulfilled by their work

Wealth and Asset Management