07/10/2019
Wealth report glosses over South Africa’s growing wealth gap
It says average person has net assets worth $11,500 – but reality begs to differ
Wealth and Asset Management
07/10/2019
Ex-EFG CEO Dies Unexpectedly
He left the Swiss wealth giant for the CEO job at Sarasin in 2006, staying on for two years after the Basel-based private bank was sold to Brazilian-Swiss Safra in 2011.
07/10/2019
EdR takes stake in fund boutique
‘This partnership strengthens our offer in the short term and, over the medium term, it will enable all of our active managers to rely, in addition to their own analysis, on the tools and processes developed by Eraam.’
07/10/2019
IQ-EQ’s leisure business FNTC acquires VOTA to expand services in United States
FNTC and FNTC America Ltd are both wholly owned subsidiaries of IQ-EQ, a leading investor services group that supports fund managers, global companies, family offices and private clients operating worldwide.
07/10/2019
Credit Suisse Expands in Portugal
The Swiss bank is also poaching Tiago Saraiva from Bankinter for investment advice.
07/10/2019
JTC ranked as a leading global trust company
JTC’s third time in a row ranking as a Tier I firm is reflective of its clear success in the last 12 months since listing.
07/10/2019
Deutsche Bank looks to boost wealth management as part of reinvention
Deutsche Bank said last month it planned to hire 300 more relationship and investment mangers for its wealth management (WM) business by 2021.
07/10/2019
Introducing the UK’s leading wealth managers – Spear’s index revealed
One person who’s still making money is that perennial rainmaker Charlie Hoffman, for a long while now the talisman at HSBC Private Bank, who retains his place in our top ten.
07/10/2019
Smith & Williamson profits rise as it gears up for IPO
“Clients are seeking more services from us across the full breadth of our capabilities, which enables us to deepen our relationships and expand our offering to their specific needs.”
07/09/2019
High-Net-Worth Portfolios Exhibit Profound Contradiction: Five Steps Needed Now
Regarding this latter point, this includes all issues associated with intergenerational wealth transfers, endowments or charitable giving.
07/09/2019
Wealth Management M&A Deals on Track to Top 200 This Year
Breakaway activity reached a new high in the second quarter, Echelon Partners reports.
07/09/2019
Ecobank empowers customers to sustain wealth
Ecobank has reiterated its commitment to helping its customers to sustain their family wealth
07/09/2019
Home Truths: Is Now the Right Time to Invest in Property?
Real estate experts pondered the pros and cons of property investing at our most recent debate.
07/09/2019
Outstanding private bank award for Kleinwort Hambros
he award celebrates the best in private banks serving high-net-worth clients in Guernsey and Jersey.
07/08/2019
Deutsche Bank Slashes 18000 Jobs in $8.3 Billion Overhaul
This is a restart for Deutsche Bank – for the long-term benefit of our clients, employees, investors and society.”
07/08/2019
UBS WM joins the portfolio protection parade
The private bank is the latest wealth manager to essentially steer neutral, but recommend a tilt toward portfolio protection.
07/08/2019
VP Bank: Can Personal Advice in Private Banking Be Digitized?
Modern banking institutions are currently experiencing a similar situation when it comes to customer advice and asset management.
07/08/2019
Boris Collardi «Disrupts the Market» in Asia
Although he has met with senior bankers from several different banks, including the large and medium-sized Swiss players in the region, Collardi’s focus remains on the vast existing network of bankers he built during his time as CEO of rival Julius
07/08/2019
Saranac Partners launches wealth management service for US persons
The private client advisory firm, focused on ultra-high net worth individuals and families, now offers a comprehensive wealth advisory, investment management, lending solution and tax reporting service to US persons and green card holders residing outside
07/08/2019
Former Coutts, Credit Suisse adviser launches digital wealth manager
The pair created Rosecut Technologies