06/12/2020
Butterfield Rebrands Singapore Business
Singapore has a strong reputation as a well-established and diversified international finance centre, however we provide services throughout Asia and our new name reflects that.
Wealth and Asset Management
06/12/2020
OCBC's private banking unit targets bigger slice of booming family offices business
“The family office is a big segment, not only from China but also from the Middle East as well as other parts of the world,” Bahren Shaari told Reuters in an interview.
06/12/2020
Market Commentary: Walker Crips
Emerging market bonds have seen their premiums recover more than half of the crisis-induced run-up, despite their economies being the hardest hit by the collapse in commodity prices and economic activity.
06/11/2020
Boris Collardi: Visionary Swiss Banker Dismantled
Anti-money laundering officials never learned of money flows which warranted notification, and Julius Baer's board was idle.
06/11/2020
Credit Suisse Boss Fans Wealth Hopes
Credit Suisse expressed skepticism over its return on tangible equity target – set last year at between ten and 11 percent for this year, and 12 percent further out.
06/11/2020
Deutsche Bank to create International Private Bank
Claudio de Sanctis, most recently Global Head of Wealth Management, will become Head of the International Private Bank and CEO EMEA.
06/11/2020
UBS Sees 11-Fold Surge in Net New Money From Latin America
Itau Unibanco Holding SA has adopted a similar strategy, with its volume in stand-by letters of credit to rich clients more than doubling from a year ago.
06/11/2020
Specialist asset management boutique underlines longstanding commitment to the Creative Arts
The Creative Arts sector has been badly impacted by the pandemic
06/11/2020
UBS AM quietly builds onshore fund base
In 2020 alone, UBS AM has introduced seven onshore funds for sale to China’s domestic investors via the PFM scheme.
06/11/2020
Lombard International Assurance joins LPEA as a full member
Lombard International Assurance serves HNW investors in helping structure their portfolios in an efficient manner
06/11/2020
Generali May Part With Swiss Arm
Several rival insurers would likely be interested in either a swap or sale, including Swiss firms.
06/11/2020
DZ Privatbank looks for wealth manager in Zurich
The new hire will also establish new contacts and acquire customers in these market segments
06/11/2020
Dolfin’s ‘refreshing premise’ to wealth management
Clients see the firm as a ‘one-stop shop’, he says, where clients are connected not just to a broad range of services but also to a network of trusted advisers, including lawyers, accountants and asset managers.
06/10/2020
Carrick Wealth opens specialist financial planning division
Firm will offer trust and international Will services to high net worth individuals and families
06/10/2020
Morgan Stanley eyeing deals to get bigger in asset management
In wealth management, Morgan Stanley still expects to complete its acquisition of E*Trade Financial Corp. by the end of the year
06/10/2020
Optimize Wealth Management swoops on Lifestyle Wealth
The firm provides financial planning, tax and estate planning, mortgage and insurance services.
06/10/2020
UBS to launch regional private markets teams
UBS’ plans to restructure wealth management by splitting its EMEA division into smaller regional groups were revealed in January.
06/10/2020
Tilney enhances support for sports professionals
The Tilney Private Sports team will augment the work of the firms’ existing expertise in advising sports professionals.
06/10/2020
IWP scoops up Clairville York Financial Advisers
The firm is staffed by six advisers.
06/10/2020
GAM Gives Suitors Cold Shoulder
GAM reported a loss of 3.5 million francs last year, which stands in stark contrast to the loss of 916.8 million francs in the catastrophic year of 2018.