07/05/2019
Lombard Odier Wins “Wealth Manager of the Year” Award
It is the first time we have won this prestigious title from Global Investor.
Wealth and Asset Management
07/05/2019
PKB Privatbank: «We've Been Close to a Merger»
A sale of the bank is not an option on the agenda.
07/05/2019
Geneva PM: how instant news is shaking up the WM industry
The need for trust is natural and something we can all recognise.
07/05/2019
7IM sustainable balance hits £100m in assets
Camilla Ritchie, senior investment manager at 7IM, said: “Sustainable and ESG investing has come a long way in the past few years and we have witnessed a dramatic rise in demand for these strategies in the UK in recent months.
07/05/2019
Hargreaves removes Lindsell Train from buy list
It stated: "We have policies and procedures to help us manage the Wealth 50 list of favourite funds.
07/04/2019
FrenchFounders ties up with BNP Paribas to ease international mobility
“BNP Paribas Wealth Management, through its European anchoring and international coverage, is positioning itself as a preferred contact to guide members of FrenchFounders on these specific issues.”
07/04/2019
Acquitted Swiss Banker Bags New Wealth Role
Buck's reemergence in the banking industry lends hope to the roster of Swiss bankers ensnared in criminal scandals over tax evasion or money laundering in recent years.
07/04/2019
Charles Stanley opens first Northern Ireland office
Firm eyes opportunity in Belfast, as it is ‘one of the UK’s fastest-growing financial services hubs’
07/04/2019
Wealthy Clients Make Shift From U.S. Equities to Alts
Poor past experience and disappointing recent returns have challenged the recovery of hedge fund demand, especially in Asia where the asset class is more often associated with high octane returns rather than risk management.
07/04/2019
The British Banking Dynasty That’s Even Older Than the Rothschilds
C. Hoare & Co. has been in business for more than three hundred years, and the family that founded it is still running the show.
07/04/2019
Switzerland's Fittest Private Bank Resides in Basel
IFBC also included a ranking of the most efficient private banks
07/04/2019
Quilter could sell its Old Mutual Wealth Life Assurance unit
Quilter said in its results for the year to end-December its life assurance business saw net outflows of £2.3bn in 2018, up from £1.6bn in 2017.
07/04/2019
Societe Generale Plans Sale of U.K. Private Banking Arm
It is working with Rothschild & Co. on the deal, the people said.
07/03/2019
Three women make 'partner' in one fell swoop at Evercore Wealth Management, but don't call it affirmative action, says US Trust spin-off
The $7.6-billion AUA, New York City RIA invests in Kate Mulvany and Helena Jonassen -- both US Trust vets -- and Stephanie Hackett, formerly of Brandywine
07/03/2019
Kingswood bosses take majority stake in wealth manager
The company said it had agreed "non-binding heads of terms" for a potential equity investment, with the investor set to become a shareholder in the business as part of the deal.
07/03/2019
Citibank Named “Best Bank for High-Net-Worth Families”
Being recognized by Kiplinger’s as the Best Bank for High-Net-Worth Families for a third-straight year affirms we are building a high tech, high touch relationship with our clients.”
07/03/2019
Kleinwort Hambros: Maintaining a high-touch personal service
Paul Kearney, head of private banking at Kleinwort Hambros, says that there are two overriding prerequisites for success in the competitive private banking market: relevance and efficiency.
07/03/2019
39 000 South Africans have a net worth of $1m or more - report
Performance over the past 10 years was moderate with total private wealth held by people living in South Africa rising by 13 percent from $575 billion in 2008 to $649 billion in 2018.
07/02/2019
Standard Chartered rolls out digital-only bank to three new markets
Standard Chartered is expected to continue its digital expansion in African markets with another launch planned in September for Nigeria.
07/02/2019
SMP Group secures major Jersey acquisition
David Hudson, Group CEO of SMP Group, added: ‘When we announced our management buyout, we spoke of quickly building momentum in the growth of the group. This deal represents the first step in delivering on that promise.