07/17/2018
Why would you want to put your money in Switzerland?
The basic background here is that the world is moving towards greater clarity over whose money is where.
Wealth and Asset Management
07/17/2018
Arbuthnot Banking's first-half profit rises, to set up secured lending business
In line with our diversification strategy we have also reached an agreement with an incoming management team to establish a new lending division that will be named Arbuthnot Specialist Lending,” Chairman Henry Angest said.
07/17/2018
Wealth management is the new buzzword in financial services sector
The amount of wealth creation is increasing in India, leading to a greater need for people to manage it
07/17/2018
What wealth managers can do to get Brexit-ready
Most boardrooms and executive management teams acknowledge that it’s the biggest challenge in what could be the largest ever upheaval of the UK’s financial markets.
07/16/2018
Wells Fargo CFO says reputation issues a challenge for wealth unit
He said reputation issues had not hurt profit in the unit, however.
07/16/2018
Establishing a Business Presence in the United States
The way ECI and FDAP is taxed and collected differs too.
07/16/2018
A first for a Singapore private bank
Currently serves its European clients from its Singapore headquarters and through its parent company OCBC Bank’s London office.
07/16/2018
Indosuez beefs up Asia client relations team with 6 bankers
The additions to the team in Hong Kong and Singapore come a year after Indosuez acquired the private banking business of Credit Industriel et Commercial in the two markets.
07/16/2018
Investment management group halves gold exposure in its fund range
The gold trade, which we initiated at the end of 2015, has served portfolios well, especially as we moved through a period where markets have been driven more by liquidity than fundamentals.
07/16/2018
Standard Life Aberdeen backs £17.5m Saranac fundraise
There two new groups joining the shareholder list, the Noé Family and US based structured credit firm Zais Group.
07/16/2018
WH Ireland joins Research Tree’s growing platform
"...we see Research Tree as a great way to help us in maximising the distribution of our research offering"
07/16/2018
Wells Fargo wealth unit profit slumps 37% in Q2
The division’s revenue for the quarter ended 30 June 2018 was $3.95bn, down 6% from $4.22bn in the corresponding quarter of 2017.
07/13/2018
Netwealth sees 'once in a lifetime shift' in wealth management
Matt Heine, who along with his father Michael Heine heads up the Melbourne-based company
07/13/2018
Pub Club with Andrew Davies, LGT Vestra
Davies last met us in 2016 not long after the office had opened and he had made the move from Barclays Wealth & Investment.
07/13/2018
Goldman’s Wealth Management Strategy
Its big plan for doing so: get the money it makes for founders through its investment banking business to stay at the firm in its wealth management arm.
07/13/2018
GAM expects increase in pre-tax profits
All the aforementioned figures for the first half of 2018 are estimates and the final results will be released on 31 July 2018.
07/12/2018
Julius Baer Mulls Takeovers, Partnerships for Asian Growth
Earlier this year Julius Baer agreed on a partnership with Siam Commercial Bank Pcl in a move to address the onshore wealth market in Thailand.
07/12/2018
96% of High Net Worth Advisors say Clients Want to Remain at Home
Although nine out of 10 advisors concluded it was “somewhat” or “very” likely that clients who wish to stay in their homes would be able to, advisors said it is crucial that these preferences are shared with children and family mem
07/12/2018
Here's Why There Aren't More Women in Asset and Wealth Management
It's no secret that there just aren't enough women in asset management or financial advisory services. Janet Cowell, CEO of Girls Who Invest tells us why. Watch!
07/12/2018
ICBC Credit Suisse loses half of onshore assets
The total AUM of the firm was down to RMB 129bn from RMB 337.2bn year-on-year, according to Amac data.