08/27/2018
Insurance Solutions tailored to the Needs of Asia’s High Net Worth Community
The interest rate environment will impact the life insurance market, he explained, as many clients are using premium financing as their funding method.
Wealth and Asset Management
08/27/2018
Sanctum Wealth Management launches global allocator strategy for clients
The benchmark index of Sanctum Global Allocator will be 75 percent MSCI Development and 25 percent MSCI Emerging Markets.
08/27/2018
CreditEase Wealth Management Announces the Establishment of Overseas Wealth Management Department
In 2018, CreditEase Wealth Management expanded the European market and branches, and obtained corresponding licenses in the local markets.
08/27/2018
Popular Bank launches new service for HNW clients
The business is said to have grown to around $325m in assets under management.
08/24/2018
Golden opportunity for fragmented Swiss private banks
The tumultuous episode has seen the number of private banks in Switzerland fall from 163 in 2010 to the current number of 107.
08/24/2018
Wealth management firm changes tact to attract talent
The Salford-based company specialises in protecting the financial assets of vulnerable people
08/23/2018
Asia’s Wealthy Families Keep Wealth Close to Home
China’s wealthiest individuals collectively control $5.8 trillion, according to an estimate by Capgemini.
08/23/2018
HSBC boosts LatAm private bank team with rival hire
‘We’re excited to welcome this group and are confident they will further strengthen our proposition in the region.’
08/23/2018
SW Mitchell profits doubled ahead of losing SJP mandate
Boutique manager replaced on sub-advised funds totalling more than £750m
08/23/2018
Mercer Advisors Expands Mergers & Acquisitions Team with 3 Veteran Hires
These individual leaders all have multiple decades of experience as financial advisors or working directly with RIA firms to support business growth.
08/23/2018
Credit Suisse Wealth Unit Froze $5 Billion on Russia Sanctions
The international wealth management unit manages 370 billion francs in private banking assets.
08/23/2018
HSBC Private Banking on Asian recruitment drive
As many Asian territories continue to drive global economic growth, this wealth creation is expanding the number of high net worth individuals in need of private banking services
08/23/2018
UBS Launches Social Impact Funds for Private Clients
The equity fund carries a management fee of 75 basis points, while the fixed income fund carries a 15 basis point fee.
08/23/2018
Private Banking: When a Client Asks for Crypto
They are eager to learn about creative investment solutions with guaranteed returns, for instance in real estate or private equity.
08/23/2018
JPMorgan to lay off 100 in asset management division
The spokeswoman declined to comment on which roles or individuals would be involved.
08/23/2018
BCV Profit Rises
On the liabilities side, customer deposits grew 2%, or CHF 519m, to CHF 31.0bn
08/23/2018
LLB With Record New Money
The growth of general and administrative as well as personnel expenses reflects the investments we have made in our StepUp2020 strategy.
08/23/2018
Layoffs confirmed following Vontobel acquisition of Raiffeisen PB
These negotiations will have focused on older staff being laid off.
08/23/2018
Raiffeisen reports rise in AUM
These results were recorded just after Finma concluded its investigation into Raiffeisen Switzerland
08/23/2018
Royal Bank of Canada reports record third quarter 2018 results
This quarter’s strong performance also reflects relatively stable credit quality with provision for credit losses (PCL) on impaired loans ratio of 17 basis points (bps) and PCL ratio on loans of 23 bps.