02/27/2018
Fairstone acquisition of Cheshire IFA 'first of 10' in 2018
Hammond McNulty deal adds £50m FUM
Wealth and Asset Management
02/27/2018
Deutsche Bank Plans Saudi, Dubai Hires as Sovereigns Drive Deals
Lender sees good pipeline of bond sales, IPOs, privatizations
02/27/2018
St James’s Place co-founder dies
One of the founders of St James’s Place, Mike Wilson, has died at the age of 74 following a battle with cancer.
02/27/2018
RIT Capital cuts Rothschild’s bonus after ‘risk-averse’ year
Paid in RIT shares vesting over three years, the bonuses potentially multiply the £250,000 salary of Rothschild
02/27/2018
Bankorus caters to cryptocurrency millionaires with an AI-based investment platform
Today, Bankorus — the fintech company that created China’s first robo-advisor — has announced the launch of its cryptocurrency wealth management solution.
02/27/2018
Rothschild Will Soon Promote 7th-Generation Heir to Lead Bank
The exact timing and conditions of the succession aren’t yet finalized, the person said.
02/27/2018
Industry pays tribute to ex-Walker Crips salesman Will Smith
Sadly passed away
02/26/2018
Underperforming bankers in Asia now on “red alert” as job cuts loom
The average RM at Credit Suisse in APAC now manages CHF333m in assets, compared with CHF260m in 2016 – a rise of about 28%.
02/26/2018
Arbuthnot Latham Launches Arbuthnot Commercial Asset Based Lending Limited to Fuel SME Growth
Tim joins with over 30 years’ experience at the vanguard of the asset-based lending industry
02/26/2018
UBS Withdraws Bonus Handcuffs—Until Next Year
The Strategic Objective Award contract they were being asked to sign differed from those given in previous years, was not flagged as a change and permitted the firm to sue them if they called former clients within 12 months of leaving UBS.
02/26/2018
Women’s club opens in London as antidote to ‘old boys’ network’
The AllBright follows The Wing in offering perks ranging from meeting rooms to blowdrys
02/26/2018
GWM seek to increase female adviser numbers
That said, the female advisers currently working at Guardian are amongst some of the most qualified and experienced in our industry.
02/26/2018
GMO Announces Partnership with St. James’s Place; Responds to US Private Wealth Demand
Separately in the US, GMO shared that the firm is responding to demand from the private wealth market by making several of its US mutual funds available to financial intermediaries through platform arrangements.
02/26/2018
Former top PrivatBank executives to launch mobile bank in UK
Now the Ukrainians are going global.
02/23/2018
Coutts profits up 50 percent
It has been a particularly strong year and I want to continue this momentum in to 2018 as we strive to achieve our aim of becoming the best private bank in the UK.”
02/23/2018
LLB Buys Swiss Fund Company
The acquisition of LB(Swiss) Investment Ltd will provide the LLB Group with access to the attractive Swiss fund market.
02/23/2018
St. James’s Place Asia introduces HK discretionary managed account
Key benefits of a discretionary managed account include rigorous portfolio management for swift .
02/23/2018
CIBC's PrivateBank Takeover Helps It Avoid Being ‘Too Canadian’
“performing very well, and they in the longer term are going to be a very important part of our story,"
02/23/2018
CIBC Canadian wealth unit net income rises 14% in Q1
Overall, the banking group reported net income of C$1.33bn for the first quarter of fiscal 2018, down 5% from C$1.41bn in the corresponding year ago quarter.
02/23/2018
Zookeepers to Bentleys: the best private bank client perks
Exclusive and invite-only are the key words when it comes to private banks offering perks to their high net worth clients.