Managers of Wealth

RBS boss: Life is not about money (and this from a man who pockets £1.2m a year)

Mr Hester told pupils at a South London school that life ‘is about doing things that make you feel valuable, not necessarily measured by money’.

Millionaire financier under investigation over £5m 'fraud'

he fine by the Financial Services Authority and the Securities and Exchange Commission related to the use of millions of dollars of investors' money to prop up failing investments held by the company. Mr Ruffle,

Shanghai's wealthiest residents revealed

Of the super-rich individuals in Shanghai, 75 per cent are business owners. Real-estate investors account for 15 per cent. And finally, professional investors account for 10 per cent of super-rich individuals in Shanghai.

Rich Indian's new faith: Succession planning via trusts

. Indians are no different. As a result,

Where Are the Female Billionaires?

the Forbes list of billionaires worldwide

Credit Agricole private banking eyes bigger Gulf portfolio

Credit Agricole Suisse, a private bank belonging to the Credit Agricole Group is targeting a significant share of the private wealth management mandate in the Gulf and the Middle East, its top officials said in a recent interview with Gulf News.

Moscow Is The Home For The Super Rich?

Moscow is now the new home for billionaires all over the world.

Vestra Wealth to launch DFM aimed at IFAs' US clients

Vestra’s new service will be available to IFAs to outsource to once permission comes through from the US regulator, the US Securities and Exchange Commission.

Butterfield seeks to cash in on London high-end property boom

The Bermuda bank’s UK operation is among a growing number of foreign private banks entering the London mortgage market by offering home loans in excess of £1 million.

Barclays Seeks 25% Revenue Growth in Middle East, Africa

The Middle East and Africa generated about 5 billion pounds ($8 billion) of revenue for Barclays last year, about 15 percent of the global total, according to the London-based company’s annual report.

Wealth manage signs up to Liverpool Futures apprenticeship scheme

The St Paul’s Square-based wealth management company is supporting the Liverpool Futures initiative, a Community Interest Company created by Liverpool Chamber of Commerce, Liverpool Council and Liverpool City College to boost employment in the city

Control issues affecting wealth transfer to next-generations

More than $25 trillion (€19.32 trillion) is expected to pass from one ultra-high net worth generation to the next by 2050, but issues over giving up control and empowerment are affecting decisions about wealth transfer.

Rothschild in major Middle East scale back

The cutbacks signal the extent to which some global banks are struggling to win business in the region, after launching ambitious plans during the boom years.

Lloyds private bank merges ultra and HNW units

Lloyds TSB Private Banking has streamlined its high and ultra-high net worth private client divisions by merging the two departments into a single unit.

Credit Suisse makes senior management changes

Credit Suisse today ( May 11) announced the following changes to its Executive Board, effective May 31, 2012.Credit Suisse today ( May 11) announced the following changes to its Executive Board, effective May 31, 2012.

Wealth group looks to U.S. and frontier markets as portfolio recommendations

Portfolio Team Continues to Recommend Munis; Favors U.S. Large Cap Equities and Frontier Market Exposure vs. Developed European Stocks

Top 21pc of bankers make up 46pc of Merrill's earnings

Nearly 46 per cent of the revenue received by Merrill Lynch's Global Wealth Management unit last year came from just 21 per cent of its top-producing brokers, about 2,500 people, according to copies of the reports reviewed by Reuters.

Rathbone Brothers Reports Rise In Q1 Net Operating Incom

The independent provider of personalized investment and wealth management services stated that net operating income in Investment Management increased 11.8 percent year-over-year during the first quarter to 37.9 million pounds from 33.9 million pounds rep

Barclays Swiss Bank’s Loss Widens as Expenses Increase

Barclays’s Swiss private bank reported a second consecutive annual loss last year as fee and commission income declined.

HSBC In Talks To Sell South American Operations

The U.K.-based bank didn't elaborate on the talks or give financial details in a brief statement to the Hong Kong stock exchange, but said it will make a further announcement "if and when appropriate."

Wealth and Asset Management