04/26/2018

Booming private wealth draws Credit Suisse to PH

According to Credit Suisse Research Institute’s (CSRI) Global Wealth Report 2017, total household wealth in the Philippines grew by 10.7 percent per annum since 2000 to reach $662 billion in 2017.

04/26/2018

Another Bank Bets Big on Wealth Management

Bank of the West Wealth Management Group opened its first office in New York and has plans to add 100 advisors across the country in the next three years.

04/26/2018

Lego Wealth Fund Is Getting Out of the Tanker Business

“Kirk Kapital has decided to phase out the firm’s shipping activities,” Chief Executive Officer Kim Gulstad said in a statement. “We therefore need to find a good moment to sell the five product tankers.”

04/25/2018

Cramer Closes Bahamas Chapter

A long story comes to an end: Cramer wanted to get rid of its Bahamas branch in the summer of 2016 and planned to sell it to a group that included IXE Holding, IPG Securities and TR4 Holding.