10/25/2018
Quilter platform sales down as DB transfer activity slows
Flows into Quilter Investors rose 10% to £4.3 billion.
Wealth and Asset Management
10/25/2018
UBS's David Ellis Named to Forbes List of Top Wealth Advisors
Recognized for the third straight year as a national leader in financial services
10/25/2018
Citigroup to shift some roles to Madrid from London as Brexit looms
Bank is making contingency plans as deadline for exit nears
10/25/2018
Citi Launches Live Chat in Hong Kong
U.S. banking giant Citi is the first bank to introduce text, audio and video banking for the affluent segment in the territory. Following the launch, the technology is also going to be introduced in other parts of Asia.
10/25/2018
UBS Profits Up, Cautious on Wealth
UBS delivered strong third-quarter results with reported profit before tax (PBT) up 37% year over year (YoY) to CHF 1,668m and adjusted PBT up 15% to CHF 1,733m.
10/24/2018
Geneva WM CEO do it all firms will be hit hardest by consolidation
Stucki is also not a fan of outsourcing essential tasks such as risk and compliance duties.
10/24/2018
UBS Seeks Normality in China
Several banks including Julius Baer reportedly responded to the move with travel restrictions or banks.
10/24/2018
Intesa Sanpaolo Private Bank secures Bahrain rep office licence
It is fully owned by Italy'sIntesa Sanpaolo.
10/24/2018
Britain's biggest wealth manager sees assets under its watch top £100 BILLION
Shares in St James's place are down more than 4% today
10/24/2018
Alexa wealth management is developing faster than you think
The application was built for a wealth management client, and what he showed off was a truncated version for the audience demonstration that took just two weeks to build.
10/24/2018
Private Bankers Walk a Fine Line in China
Still, the cautious response of other global wealth managers highlights the tension of overseas-based staff operating in a country that maintains capital controls and where an expanding pool of ultra-rich clients is frequently anxious to move money offsho
10/24/2018
Butterfield Reports Third Quarter 2018 Results
The Bank of N.T. Butterfield & Son Limited has announced financial results for the quarter ended September 30, 2018.
10/24/2018
India: Building Investment Capability, Refining the Wealth Management Proposition
Another participant said that directing the clients in the best directions and achieving the right outcomes does not need to be antithetical to simultaneously improving profitability for the advisory firm.
10/24/2018
Deutsche Bank net profit falls 65 per cent
Bank expects to be profitable for the full year for the first time since 2014
10/24/2018
L&C launches dedicated wealth management service for Americans in France
“Americans living and working in France, particularly High Net Worth Individuals, are facing an increasingly complex tangle of regulatory and reporting requirements.”
10/24/2018
Quilter reports lower year-on-year third quarter cash flow
Quilter Life Assurance, which saw outflows of £1.5bn, was the main detractor, with all other divisions recording positive flows.
10/24/2018
Wealth Enhancement Group Acquires Second Philly Firm
Second Acquisition in Philadelphia Market in Two Months Signals Lightyear Capital-Backed Wealth Management Firm's Strong Commitment to the Region While Adding Significant Scale
10/24/2018
Rothschild Trust in MBO
The move follows a slap for its dealings with 1MDB
10/23/2018
Banks turn to loans to boost earnings as wealth income weakens
Bank earnings are also expected to be supported by better-than-cycle average credit costs as asset quality continues to remain stable.
10/23/2018
St James's Place shakes off market woes to hit £100bn in assets
We have delivered this continued growth despite both tough comparatives and a more challenging environment for the industry, once again demonstrating our resilience in these market conditions.