02/20/2020
Who is the richest billionaire in the world?
There are over 2,600 billionaires in the world, but who are the top three?
Wealth and Asset Management
02/20/2020
Milken Pardon Backed by Billionaires From Funds, Real Estate
“This pardon is well deserved and I am proud to support it.”
02/20/2020
Raymond James firm merges with UK investment manager
Combined business will offer services to high net worth individuals, globally
02/20/2020
GAM Holding AG announces full-year 2019 results and strategy
General expenses totalled CHF 99.6 million, a decrease of 22% compared with 2018.
02/20/2020
Julius Baer greatly enhances risk control and compliance
Closure of FINMA enforcement proceedings
02/20/2020
TBC Bank Announces Unaudited Preliminary FY 2019 and 4Q 2019 Consolidated Financial Results
The European Union Market Abuse Regulation EU 596/2014 requires TBC Bank Group PLC to disclose that this announcement contains Inside Information, as defined in that Regulation
02/20/2020
Van Lanschot Kempen launches share buy-back
The share buy-back programme will end on the day before the publication of Van Lanschot Kempen’s 2020 annual figures
02/20/2020
Wealth management firm celebrates significant milestone
Statutory profit before tax of £39.7 million (2018: £61.3 million) reflected anticipated items, most notably the costs associated with the acquisition of Speirs & Jeffrey.
02/20/2020
Berdon's Family Office Group Earns PAM Award For Best Business Consulting Firm For Family Offices
This honor, spotlights Berdon's commitment to excellence in the delivery of client service which is best demonstrated by our approach of listening to client issues, solving their problems, and delivering innovative solutions that exceed expectations.
02/19/2020
Societe Generale abandons plan to sell Kleinwort Hambros
According to Bloomberg, Swiss private banks Julius Baer and EFG International were in pursuit of Kleinwort Hambros.
02/19/2020
Switzerland: No Longer the Most Secret Financial Market
The home of private banking has slipped to third place behind Cayman and the U.S. and isn’t top of the list for the first time since 2011.
02/19/2020
BLKB: Operating Costs Rise on Transformation
The increase was mainly due to growth in revenues from commissions, services and trading.
02/19/2020
HSBC Swiss Wealth Unit Returns to Profit
The profit from the Swiss unit helped the global private banking business to increase its pretax by a fifth to $402 million.
02/19/2020
Quilter’s UK Platform launches family linking
Introduces new pricing structure, saving clients’ money
02/19/2020
Belvoir subsidiary changes name after founder’s retirement
BWM will remain a legally separate subsidiary of Belvoir Capital and retain its focus on customers connected to the US.
02/18/2020
Wall Street Targets the Nordics After Latest Spike in Wealth
Eirik Winter, chief executive officer in the Nordics at BNP Paribas, says the region’s appeal lies in its “tendency to grow a bit faster than the rest of Europe and in some cases even faster than the U.S.”
02/18/2020
Standard Chartered to Double Relationship Manager Headcount
Unsurprisingly, the segment also exhibits global tendencies and currently makes up about one-third of Standard Chartered’s international banking clients.
02/18/2020
ZEDRA launches new website and announces Active Wealth approach
Streamlining and simplifying the private client offering process has other benefits too.
02/18/2020
How wealth managers can harness new technology to succeed in the 2020s
Digital and voice-enabled services are essential to delivering a more responsive offering to investors.
02/18/2020
Intergenerational wealth transfer: threat or opportunity?
Are traditional wealth management firms and private banks prepared for this intergenerational transfer of wealth, and should they view it as a threat or an opportunity?