04/09/2019
Deutsche Bank’s Wealth Unit Reveals Big Plans to Win UHNW and Family Office Clients
The company has named Todd Stevens as global head of the new unit and Dan Kaiser as regional head for the Americas, Deutsche Bank says.
Wealth and Asset Management
04/09/2019
A model example: How wealth firms deviate from the norm; Private assets' public revival
Some material differences: the average Balanced model has much less fixed income exposure than the DP allocation midpoint
04/08/2019
Deutsche WM launches investment team for wealthy clients
This is one of the latest developments at Deutsche's wealth arm, which recently hired HSBC's head of international private banking Rui Forcada and three Brazil-focused private bankers.
04/08/2019
Kasikorn Asset Management: Broadening the Offerings, Distribution and Digital Capabilities
It is the first multi-asset guaranteed fund, with Amundi and Credit Agricole, their parent bank, as the guarantor.”
04/08/2019
Marc Buerki: «Swissquote Will Open a Branch in Singapore»
At the start, our team will be small, with 4 to 5 members of staff only, but once the revenue is coming in, we will for sure expand.
04/08/2019
Foreign investors own 60% of Swiss corporations
In contrast, the seven largest Credit Suisse investors alone hold a 35% stake, according to NZZ.
04/08/2019
Rare Do-Good Loan in Asia Flags Chance of Growth for Tiny Market
It’s offering a margin of 135 basis points over the base rate, and that can drop by as much as 5 basis points from the second year if it keeps a top score on its sustainability performance.
04/08/2019
JP Morgan to Add 1,000 Financial Advisors
In particular, the firm is looking to expand in high-growth areas such as China, according to the annual report.
04/08/2019
Julius Baer appoints CEO of Italian subsidiary
It has over EUR 10 billion in assets under management.
04/08/2019
Catalyst merges with Global financial services specialists
Market-leading financial services firms set to create global specialist consultancy
04/08/2019
Wealth Enhancement Group continues buying spree
Lightyear Capital-Backed Wealth Management Firm's Third Acquisition in Greater Philadelphia Area Adds Significant Incremental Scale to Regional Footprint
04/08/2019
Is your outsourcing strategy stifling your success? By Prashant Singh, SS&C
The same is happening in financial services outsourcing.
04/05/2019
Diversity initiatives contradict asset managers’ vast gender pay gap
Women’s pay lags men’s as much as 46% at some investment houses
04/05/2019
Asia’s overlooked Islamic finance growth story
Labuan is a federal territory of Malaysia comprising one large main and six smaller islands located off the northern coast of Borneo.
04/05/2019
Nearly third of HNW successors leaving parents’ wealth managers
Involving clients’ children was found to minimise the risk of losing their business by 24.2 per cent, followed by encouraging clients to involve the next generation in the financial decision-making process at 21.6 per cent.
04/05/2019
UBS said to weigh asset management merger
The company has been assessing the market for at least a year as dealmaking picks up across the industry, according to the people.
04/05/2019
BTG Moves Beyond Volatile Past in Shift That Downplays Trading
Bank emphasizes its asset- and wealth-management businesses
04/05/2019
Broadridge Launches Securities Lending Assessment Solution for Mutual Funds
The Securities Lending Board Insights reports are designed specifically for those who oversee (rather than carry out) securities lending arrangements.
04/05/2019
JPMorgan’s Wealth Target: 6,500 Advisors by Year-End
The majority are bank branch-based advisors in its mass-affluent Chase Private Client group, with about 2,800 additional advisers on JPMorgan Private Bank or J.P. Morgan Securities teams servicing high- and ultra-high-net worth clients.
04/05/2019
UBS Works on Employee Overpayment Errors
UBS is likely to address its approach to the resolution, including whether it will attempt to recoup money from brokers or other employees, in upcoming meetings, the internal source said.