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.
Wealth and Asset Management
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.
10/23/2018
UBS moves back into battle for rich American
Swiss bank to pursue ‘ultra high net worth’ US clients 9 years after $780m fine
10/23/2018
Tigers and Mattioli Woods city centre neighbours
The city mayor’s tribute came as Mattioli Woods threw open its doors to media representatives for the first time following completion of its switch from Grove Park, Enderby.
10/23/2018
GAM bleeds 20% of assets despite measures to stem outflows
All teams at GAM remain focused on working with its clients. During October 2018, so far, GAM has seen an improving flow trend with net outflows diminishing.
10/23/2018
Edmond de Rothschild AM launches new service dedicated to institutional asset managers
“These asset managers do not need to develop their own IT platforms if they have access to fully serviced, industry leading software solutions."
10/23/2018
Julius Baer Is Shutting Down Its Panama and Peru Operations
Closure completes a strategic overhaul of Latam Chief Sanchez
10/23/2018
Liechtenstein PB takes on fund management role from Scandinavian bank
This concerns all of the Luxembourg investment funds of the Carnegie Investment Bank in Sweden and Denmark.
10/23/2018
Schroders and Lloyds unveil wealth management JV
Lloyds and Schroders see significant growth opportunities in the financial planning and retirement market and the JV will aim to become a top three UK financial planning business within five years.
10/23/2018
Guernsey products and services lauded in global awards
Generali Worldwide was named Best International Employee Benefits Provider. CEO Giorgio Daboni was delighted to have won in such a tightly contested field.
10/22/2018
UBS warns staff over China travel after banker held in Beijing: source
The purpose of the meeting with authorities is not clear, but the bank has asked others in its China wealth management team to review their travel plans carefully.