04/13/2017
Turning CRS uncertainty into opportunity
“The industry is going to become extremely polarised,” he predicts. “And we see a big opportunity.”
Wealth and Asset Management
04/13/2017
My sadness at Duncan Lawrie winding down
The forthcoming closure means 39 full time members of staff in both the bank and the fiduciary services company are losing their jobs.
04/13/2017
DBS seeks to tap US$289 billion opportunity in Indonesian wealth
DBS is joining rivals including Oversea-Chinese Banking Corp (OCBC) in vying for a slice of an Indonesian wealth-management market made more alluring after the nine-month tax amnesty spurred individuals to reveal some US$365 billion (S$511.43 billion) of
04/13/2017
HSBC: Clients look to ‘flip’ business to Europe before Brexit deal
Contingency plans have already been drawn up by some global banks
04/13/2017
DBS Private Bank deputy head: “I don’t want short-term superstars”
The banking requirements of wealthy people in Asia are changing, however, which is affecting the skills that RMs need to succeed at DBS.
04/13/2017
Nikko Asset Management recognised as Japan's Fund House of the Year
AsianInvestor also recognised Nikko AM's success in growing assets under management by nearly 8 percent to JPY 19.93 trillion (USD 170.9 billion) by December 2016
04/13/2017
Wealth managers come together to tackle the key issues affecting the industry
London to remain a competitive global wealth management hub
04/13/2017
Vontobel open to private banking buys worth up to $500 mln -CEO
Zurich-based Vontobel, in which the founding Vontobel family still holds a controlling stake, is dwarfed by Swiss banks UBS and Credit Suisse, but any acquisition would help it to catch up to mid-sized rivals like LGT Bank and J. Safra Sarasin.
04/13/2017
Citi earnings beat, profit jumps 17%
Net Income of $4.1 Billion
04/13/2017
Pub Club: Jamie Fletcher, Sarasin & Partners
‘It can be a difficult conversation, because we are in a context of value underperforming for about the last seven years, and it can be scary when something works so well!’
04/13/2017
BNY Mellon Wealth Management CFO Named One of 25 Influential Black Women in Business for 2017
"We're delighted that The Network Journal has recognized Renee for the dedicated and exceptional professional that she is. She is truly deserving of this honor," Heberle said.
04/13/2017
JP Morgan earnings smash it again as investment banking takes off
JPMorgan reported earnings per share of $1.65 on revenue of $25.586 billion.
04/13/2017
Polar Capital reports increase in AUM
The boutique fund manager has bounced back after sluggish growth in the aftermath of the Brexit referendum with the former Miton-duo Georgina Hamilton and George Godber setting up a UK Value long only UCITS fund earlier this year.
04/12/2017
Lombard International sees record new business premiums and AUM
The year also saw other initiatives such as the expansion of Lombard International’s global footprint.
04/12/2017
AUM growth at Singapore’s private banks pipped rivals in 2016
UOB Private Bank, also Singapore based, lifted its AUM to $32bn, an increase of 23 per cent, after launching wealth services just two years ago. Singapore’s DBS is still Asia’s largest homegrown private bank with $81bn, growing 8.3 per cent la
04/12/2017
Lombard International: 2016 Financial Results
This was a year in which the business focused on expanding its global footprint and continued to invest in new initiatives
04/12/2017
Lombard Int’l hits high with €4.5bn in new business sales
Global high net worth life provider Lombard International saw its new business premiums rise to a record €4.5bn (£3.85bn, $4.78bn) over the last year, on the back of cited geographical expansion and strategic acquisitions.
04/12/2017
JPMorgan Delays Shifting Some Wealth Clients as U.S. Mulls Rules
But in a follow-up letter to clients this week, the New York-based bank said it’s holding off on the changes.
04/12/2017
PraxisIFM Group lists on The International Stock Exchange
The Guernsey-registered business, with assets under administration in excess of $40bn and revenues of more than £30m, has around 300 staff across 10 jurisdictions
04/12/2017
New Wealth Management Firm GENCapital Opens in Atlanta
Our flexibility at GENCapital allows us to capitalize on our experience and better serve our clients.