11/03/2017
Tidjane Thiam: Shrewd, Inscrutable, Ambitous
He also made all the right noises about the bank’s long and storied tradition.
Wealth and Asset Management
11/03/2017
SJP cracks down on firm's 'irresistible transfer values' emails
The email goes on to suggest that 'the benefits don't end with transfer values alone', and highlights control over funds, in light of pension freedoms, as a key attraction to transfer.
11/03/2017
Guggenheim Faces Allegations Of Self-Dealing
An FT Investigation Reveals That The Firm’s Own Compliance Team Raised Concerns About Favouritism
11/03/2017
Opportunity knocks for specialist advice firm
The wealth advisory firm recently opened an office in Ho Chi Minh City to augment its Singapore and Hong Kong bases, and Vanrenterghem expects further expansion.
11/02/2017
Private banks in Asia shifting the game towards advisory
These banks say more clients now want private banks to take a long-term view for their investments
11/02/2017
Credit Suisse readies PH expansion
It is a major financial advisor to the Philippine government and major corporations and operates a securities trading company in Makati City.
11/02/2017
Thiam Emerges From Siege As Wealth Management Drive Accelerates
Thiam Is No Longer A Man Under Siege
11/02/2017
Lombard Odier Eyes Growth in Asia
Lombard Odier manages a third of its client assets of 242 billion Swiss francs for customers based in Switzerland, a third for Europe-based customers and a third for wealthy people in new markets, which include Asia.
11/02/2017
Succession buys two IFA firms
AFS was founded more than 25 years ago and is based in Glasgow and Edinburgh.
11/02/2017
‘Phantom’ JPMorgan Wealth Manager Fired for Lying, Ex-Boss Says
Who’d been promoted from private banker to private wealth manager in 2008.
11/02/2017
Wealth boss sued by maid for failure to pay
He spent six years as a wealth manager in Credit Suisse’s private client services department.
11/02/2017
Credit Suisse’s Asian bankers now 25% more productive, but there are 60 fewer of them
Credit Suisse continues to “strategically” hire “quality” senior bankers as it aims to become the “entrepreneurs’ bank” in Asia, says a Singapore-based spokesperson.
11/02/2017
Swiss private bank completes Luxembourg takeover
It is the latest Swiss bank to cement its presence in Luxembourg, following moves by competitors like Julius Baer and J. Safra Sarasin.
11/02/2017
OM Asset Management beats 3Q profit forecasts
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
11/02/2017
Stanbic is named best private bank
This recognition is testimony to our solid track record of providing bespoke solutions that are globally relevant.
11/02/2017
Credit Suisse Profit Jumps as Focus on the Wealthy Pays Off
The rise was driven by improvement at its international wealth-management unit.
11/02/2017
Billion-Dollar RIAs Now Hold More Than Half the Channel’s Assets
Less than 4 percent of firms oversee 60 percent of all assets in the channel.
11/02/2017
Credit Suisse says strong results vindicate strategy
In a challenging context, our wealth management connected activities had a very strong quarter alongside resilient performance in GM and IBCM.
11/02/2017
RBS to offload Channel Islands Lombard unit
The regulations came in the tail of the 2008 global financial crisis and now require UK banks to keep current and savings accounts separate.
11/01/2017
Old Mutual To Keep A Fifth Of South African Bank
Old Mutual Will Go Through A “Managed Separation” Process