04/10/2017
The BSI Name is Now History
The completion of the legal integration of BSI’s current Swiss business marks a major milestone in the integration process, which remains well on track.
Wealth and Asset Management
04/09/2017
CreditEase Wealth Management and Tishman Speyer Become Global Strategic Partners
Many of our cooperative projects focus on value increase and rely on effective post-investment management to unlock values.
04/09/2017
How Africa’s and South Africa’s super-rich make their money
Super-luxury watches is a particularly fast growing collectable segment in Africa, according to NWW.
04/09/2017
The $10 Trillion Baby Boomer Problem That Could Sink Wall Street
The IRS requires that money held in tax-deferred accounts like these starts being withdrawn in the April following the year in which the account holder turns 70 1/2 years old.
04/08/2017
Men Bet She Would Fail; Now She Runs a $26 Billion Fund
Dawn Fitzpatrick manages the billions in family wealth of the investor George Soros. But she takes over at an unsettled moment for global markets.
04/08/2017
Hedge fund expat Stephen Fisher lists Point Piper pad, keeps Singapore home
The sale will presumably mark an end to Fisher’s well-positioned view of the start of each year’s Sydney to Hobart Yacht Race given the building’s vantage point from the top of Point Piper.
04/08/2017
Wealth managers cash in on growing list of startup founders, nouveau rich push up demand for private bankers
For the Mumbai-based boutique wealth management firm that manages about 35,000 crore of some 700 families, business has been robust, growing 35-40% year-on-year.
04/07/2017
Wealth management apprenticeship scheme launched in Hong Kong
The programme will then be rolled out on a broader scale, moving to a standard eight-week summer programme beginning with the next academic year.
04/07/2017
UBS Germany: Waiting for Break Even
UBS Germany at the end of 2015 was very close to reaching the point of break even.
04/07/2017
4 elements M&A buyers want in a wealth management deal
These candidates get a clear and well-articulated investment process that works for their clients and allows them to focus on client acquisition and service.
04/07/2017
Eyeing Eastern opportunities
It aims for the region to make up to 30% of its total AUM over the long run.
04/07/2017
JPMorgan Could Lose This 125-Year-Old Revenue Stream
JPMorgan’s leading deal role shows once again the value of relationships on Wall Street in this case, really old relationships.
04/07/2017
Millennials look to boost risk on investments, increase deal flow
Equally, one-third would increase their allocations to impact investments.
04/06/2017
The world’s rich will still flock to London
Given the parlous state of most European banks, they would be well advised to do so.
04/06/2017
Praemium details former chief executive's sacking
It became clear from the outset that Ohanessian was not willing to make the changes in his behaviour necessary to effect this improvement
04/06/2017
Hong Kong pilots new apprenticeship scheme for private banking
It comprises two rounds of paid summer apprenticeships with a host private wealth management institution, leading to a potential job offer with that firm after graduation.
04/06/2017
SunTrust Private Wealth Management Expands Business Into Houston and Dallas
In addition to Dixon, seven other wealth management professionals have joined SunTrust Private Wealth Management in Texas.
04/06/2017
Wealthy Thai buyers to raid London market
That trend will continue this year.
04/06/2017
Focus Financial boosts UHNW reach, adds a $2.7B multifamily office
The transaction is New York-based Focus’ second acquisition this year.
04/06/2017
StanChart launches industry-first digital wealth advisory tool
RMs can now advise clients more quickly and effectively based on an aggregation of the bank’s investment expertise, further supported by Thomson Reuters news and financial analysis.