08/23/2017
Credit Suisse Creates Unit to Cater to Ultra Rich at Swiss Bank
Credit Suisse’s Swiss universal bank, which offers wealth management, asset management and investment banking, was earmarked for a potential IPO earlier this year
Wealth and Asset Management
08/23/2017
How Well Does UBS Europe Pay?
The unit employs nine bankers with one million euros or more in salary.
08/23/2017
Pictet Sees Middle East Wealth-Fund Revival as Oil Price Holds
The number of inquiries about new investment mandates has increased substantially.
08/23/2017
RBC boosted by sharp rise in wealth management profits
Royal Bank of Canada on Wednesday reported a 5 percent increase in underlying third-quarter net income, helped by double-digit growth at its wealth management business which offset a weaker showing in capital markets.
08/23/2017
Italian Bank Snaps Up Geneva Wealth Firm
Earlier this month a source told Reuters the deal was worth between 150-200 million euros ($177-236 million).
08/22/2017
BNY Mellon Wealth Management opens Houston office
The office is among more than 40 global offices for BNY Mellon Wealth Management.
08/22/2017
ITALY: New incentives set for high-net-worth individuals, entrepreneurs
Once in Italy, they will have their residence permit applications prioritized.
08/22/2017
VP Bank to Keep Hiring
The bank has hired a string of new client advisers, additions that paid off.
08/22/2017
Transact platform assets drop after client closes account
Chief executive says the platform still plans to float on the London Stock Exchange in early 2018
08/21/2017
Private banks EFG, VP Bank to raise headcount in Singapore
EFG clients include high net worth individuals with investable funds of over US$10 million (S$13.6 million), while VP Bank said it caters to the needs of HNWIs with “assets in excess of S$2 million".
08/21/2017
Investcorp Agrees to Acquire an Interest in a Swiss Private Bank
Completion of the transaction is subject to various regulatory approvals
08/21/2017
Client Service For High Net Worth Individuals: When Every Customer You Support Is A VIP
PURE Group of Insurance Companies, a member-owned insurer established in 2006 by President and CEO Ross Buchmueller and two other insurance industry veterans.
08/21/2017
Italian Managed Wealth: Why Are Italian Investors Abandoning Fixed Income Assets?
Coming back to the three main points highlighted above, it’s worth trying to understand why these three patterns occurred, and why they are so significant in Italy, relative to other countries.
08/21/2017
Vontobel Buys Client Portfolio in Eastern Europe
The bank will invest in its business where it sees the best conditions for working profitably.
08/21/2017
AGF Responds to Media Reports
While these discussions are ongoing, there can be no certainty these will lead to a transaction.
08/21/2017
European Wealth revamps fund to attract clients in Far East
The changes are in response to growing demand for more defensive structures from IFAs and wealth managers in the Far East, group chief exeucitve John Morton said.
08/21/2017
Deutsche Bank eyes wealth management expansion in London
Deutsche Bank wants to significantly grow the number of private bankers it employs in London.
08/20/2017
Rathbones plots £2bn merger with wealth rival
A tie-up between will create a wealth manager with more than £50bn under management
08/18/2017
Private Banking's Big Challenge
This is the finding of a bi-annual private banking study published by zeb consultants.
08/18/2017
Mercer's expansion picks up pace with $100M deal
The Mercer team functioning across multiple departments, such as investments, marketing, training, accounting, IT, and compliance, can relieve advisors of middle- and back-office responsibilities and provide leverage for planners to expand and service the