08/21/2024
VP Bank closes Hong Kong branch and reduces staff
VP Bank shuts down their Hong Kong branch and reduces staff due to operational efficiency.
Wealth and Asset Management
08/21/2024
How to Serve the Complex Needs of the Entire UHNW Family: Wealthspire's Flanagan
Flanagan believes that women indeed want to educate and prepare their families for that transfer.
08/21/2024
Schwab Survey Reveals That Americans Think It Takes $2.5 Million to Be Considered Wealthy in 2024
This year’s study reveals that Americans now think it takes an average of $2.5 million to be considered wealthy
08/21/2024
Simplifying private asset investments for high-net-worth individuals
By using a nominee structure managed by a regulated custodian, the platform removes the need for creating new entities
08/21/2024
Best wealth management firms of August 2024
Each wealth management firm offers different services at different price points. Finding the right one requires research and comparison.
08/21/2024
Maybank Private banks on human touch and Asean touchpoints to grow wealth business
On-the-ground presence and wide range of services are enablers of holistic approach to advisory practice
08/20/2024
Gold hits record high
Additionally, the dollar index dropped 0.6%, marking its fourth consecutive week of losses, enhancing gold's appeal to global investors.
08/20/2024
Northern Trust partners kids' finance fintech Greenlight
Northern Trust clients now have complimentary access to Greenlight’s award-winning family finance app and debit card, available through the Greenlight for Banks program.
08/20/2024
VP Bank reports a semi-annual profit of CHF 11.5 million and implements substantial efficiency measures.
The net new money inflow of the Group amounted to CHF 0.5 billion
08/20/2024
Man Group a rare active bright spot as passives dominate Pridham Report
BlackRock and Vanguard top the Q2 sales charts, but Man Group’s flagship Japan and UK equity funds also prove popular.
08/20/2024
“Swiss banking” miracle in the Bahamas
The core components of the group are the Swiss asset manager UCAP Wealth Management and Capital Union Bank
08/20/2024
Global Wealth Tax Could Raise $2.1 Trillion Annually for Climate Action and More
The two-tier tax system allows billionaires to pay tax rates that are half the rates paid by the rest of society
08/20/2024
BlackRock unseats Grayscale Investments as biggest crypto asset manager
Grayscale, a US digital asset manager, gives investors exposure to cryptocurrency through its bitcoin and ethereum trusts.
08/19/2024
7 Ways You Can Create Generational Wealth
This broader understanding of wealth ensures that future generations not only inherit assets but also the knowledge and skills necessary to manage and grow them.
08/19/2024
“Things can only get better” - New direction and leadership for the UK Market
A key focus of the manifesto is investment into infrastructure projects and the movement towards a green future, in the hopes that a state-led initiative will drive a surge in productivity.
08/19/2024
NewEdge Wealth widens Florida footprint with HNW Merrill Lynch team
The RIA’s latest expansion in is led by two veteran advisors with more than half a century of collective experience.
08/19/2024
BNP Paribas WM launches EAM desk for Apac
The French bank is the latest in the region to open its doors to the growing cohort of external asset managers in Asia.
08/19/2024
SJP, Fidelity and Liontrust top ‘dog funds’ list while ESG struggles remain
The latest edition of Bestinvest’s Spot the Dog report highlights the ongoing underperformance of sustainable funds, as well as poorer performance at Fidelity International.
08/19/2024
LGT reports solid business growth and continued strong net asset inflows
International financial markets performed well overall in the first half of 2024, despite persistent geopolitical and economic uncertainties.
08/19/2024
Private Wealth in Japan
Under Japanese income tax law, individuals are taxed primarily based on their residency.