Managers of Wealth

Osborne plans new tax avoidance law

A new law against corporate tax avoidance will be announced in George Osborne's budget next month, the Guardian reports.

Corporate arts philanthropy drops 7% in a year

Donations by businesses to arts organisations are at a lower level than in 2004/05, but individual gifts are up, figures reveal

Rich Indians among top philanthropists

Indian philanthropy suffers from some redundancy, the study found, with most philanthropists preferring to set up programmes through their own foundations, rather than investing in pre-existing non-governmental organizations, or programmes already in pla

HSBC private bank scaling down in MidEast

The private bank has shrunk the number of relationship managers to around 10 from 50-60 at its peak 18 months ago, one banking source familiar with the matter said.

Wells Fargo To Expand Wealth Management, Insurance Operations Report

He said that of the assets being purchased from European banks, they consist almost entirely of U.S. loans, the FT reported.

Aspiriant bags top industry accolade

Aspiriant was recognized as the top private wealth management firm, among those with more than $5 billion in assets under management, for unparalleled service to high-net worth clients and an innovative holistic approach to wealth management.

Investment complexity on the rise for UHNW clients

Recently named best private bank in Australia by Asian Private Banker, Credit Suisse has named its integrated strategy encouraging cross-divisional co-operation between the Private Banking, Investment Banking and Asset Management teams as a key success fa

Barclays Wealth hires from UBS for senior Africa offshore role

He joins from UBS where he has had considerable success building and leading Banker teams in emerging markets.

Is Barclays sticking two fingers up at the Chancellor?

Barclays tried its luck with some unification

HSBC Pays More For Asia / Latin American Staff

HSBC has revealed that it is coming under increasing pressure on the reward front as it undertakes more of its business in fast-growing economies like Brazil, China and India.

Romania's BCR's private banking assets rise

The country's largest bank by assets added that its private banking business rose 29%

Jersey-based wealth management firm enters liquidation

It is not yet clear what forced the company in to liquidation although the “notice to creditors” said the company was put into liquidation on 22 February following a request from the directors.

HSBC CEO Gulliver In Line For GBP3 Million Bonus - Report

The paper said the bank is also expected to say that it will focus on growing economies such as China and maintain its market share in lower-growth Western economies such as Britain.

Chief plays role as ideas exchange for 16 boutiques

It can be difficult, however, to manage a multitude of brands and egos smoothly enough to justify the complications.

HNW Investors Dip Into Unprotected Structures

Incapital, a fixed income securities distributor in Boca Raton, Fla., today closed and distributed its first callable yield structure without principal protection or the Federal Deposit Insurance Corp. insurance that comes through the use of a certificate

Wealth and Asset Management