Managers of Wealth

SocGen adds three French regional private banking teams

Societe Generale Private Banking continues to strengthen its presence in France’s regions and is establishing its private banking teams in Nantes, Nice and Toulouse.

Wealthy Investors Shrug at Facebook IPO After Private Buys

Facebook, the world’s biggest social-networking service, filed yesterday to raise as much as $5 billion in the largest Internet IPO.

Will Facebook Really Create 1,000 Millionaires?

But the most widely repeated superlative about the Facebook IPO is that it will create “1,000 overnight millionaires.”

Punter Southall acquires PSigma Asset Management

Punter Southall Group has today announced that it has taken 100 per cent ownership of fund management boutique PSigma Asset Management.

Top UAE bank sees growth in wealth, private banking business

"For 2012, we are cautiously optimistic. We will see strong growth in our wealth and private banking business and good growth in Islamic banking," he said.

Insider Likely New Director As UBS Poaches Candidate

Former Northern Rock CFO Ann Godbehere is currently the only woman on UBS' 11 person board.

Killik expands reach with private office launch

The Killik Private Office will provide a range of services, including investment management and wealth planning through to paying bills and organising meetings and travel.

The Global Wealth Management / Financial Services Professional Development Program

LawInContext has launched The Global Wealth Management / Financial Services Professional Development Program - a holistic distance learning training program, which is comprised of three distinct modules, each of which offers a global Fundamentals session,

Jefferies buys RBS' historic UK broker

Hoare Govett had been one of the most historic and prestigious brands in British stockbroking for much of the 20th century, along with Cazenove, but analysts felt its brand value had been diluted after it got absorbed into ABN AMRO.

Rinehart now Asia's richest woman, Forbes says

Mrs Rinehart's wealth jumped as Korean steelmaker Posco bought a stake in her Roy Hill iron ore project, Forbes said on its website today.

Richardson GMP Looks To Acquire Boutique Wealth Manager

Andrew Marsh said the firm would be open to acquiring an independent wealth management firm that focuses on wealthy families, entrepreneurs, and business owners. He said the firm wasn't in talks with any possible targets now.

Up to 100 Coutts staff face axe in restructure

Up to 100 of Coutts’ front office staff face the prospect of redundancy, following the bank’s decision to separate its wealth management and private banking functions in the run-up to the retail distribution review.

Societe Generale to Close Private Banking Office in Bahrai

Societe Generale opened the wealth management office in Bahrain in November 2009 as part of its expansion in the region.

City of London Wealth Management Awards - Voting starts

A total of 37 firms met the criteria for the company shortlist, verified by an independent panel of judges.

Euroclear reports strong 2011 operating performance

As trading volumes varied by country and asset class in 2011, operating performance fluctuated among the Euroclear entities, with some experiencing year-over-year gains in some measures while declining in others.

Mariner Wealth buys Tulsa-based wealth management firm

Shoulders, Adams Hall’s CEO, had recently acquired the ownership interests of F&M Bank & Trust Co. in Tulsa, said Martin Bicknell, CEO of Mariner Wealth. F&M Bank had owned more than half of Adams Hall.

Crescent Wealth, Thomson Reuters launch Australia Islamic Index

The index enables investors to benchmark the Australian equities market and therefore provides a powerful tool to those wishing to expand and diversify their investment portfolios in accordance with Islamic principles.

Director of wealth advisory services at Weaver Wealth Management wins distinguished award

This award is bestowed in six categories: Industry Contributor of the Year, Practice Management, Technology Innovator, Wealth Creator, Legacy Builder and Lifetime Achievement.

Brewin Dolphin funds boosted by discretionary arm‎

The company said commission income, which fell to £17.5 million from £24.9 million a year earlier, had continued to fall into January but other income has held up.

London-based banking giant named the World’s Most Valuable Banking Brand in 2012

This strong performance from the London-based banking giant stood out in its region; European banks performed miserably, making up 16 of the 20 “fallers” on the table.

Wealth and Asset Management