02/12/2018
The best private banks and wealth managers in South Africa
Private banking is defined as financial services targeted at individuals who have over $1 million in investable assets, Euromoney said.
Wealth and Asset Management
02/12/2018
Mumbai 12th richest city globally; total wealth at USD 950 billion
Mumbai, also features among the top 10 cities in terms of billionaire population.
02/12/2018
DBS Seals ANZ Wealth Deal
DBS acquired the Australian bank's wealth management arm inSingapore, Hong Kong, China, Taiwan and Indonesia 16 months ago.
02/12/2018
When HNW clients have vastly different approaches to money
Challenges surface because couples tend to have different risk tolerances.
02/11/2018
Milken left red-faced by own goal
In contrast, Milken, 71, put his foot in it while trying to be obsequious.
02/10/2018
IBQ named ‘Best Private Bank in Qatar’ by Global Finance
The bank managed to build an innovative portfolio of investment solutions and product offerings for the benefits of influential high net worth and ultra-high net worth families in Qatar.
02/10/2018
Per Neil Shekhter, The Foreign Investment In The U.S. Luxury Real Estate Market Explodes
Report from this organization also revealed that 5 foreign countries contributed most to investment into the residential arm of United States real estate.
02/09/2018
Old Mutual launches excess income trust and calculator
Old Mutual Wealth and Old Mutual International have both launched a new innovative Excess Income Trust solution and online tool to help clients benefit from the ‘normal expenditure out of income’ exemption, providing a simple and tax efficient
02/09/2018
Wealth structures: Are they still in favour?
In a tougher regulatory world and one where our digital footprints appear largely indelible, the theory is that tight, professionally honed structures are the way forward.
02/09/2018
Raymond James Rolls Out Tool for Gathering Client Asset Data
Everplans’ primary business is now wealth managers who offer the platform to their clients, and the company already works with more than 50 advice firms, WealthManagement.com writes.
02/09/2018
Ultrahigh-net-worth wealth unit of U.S. Bank expands into new region
The new office in La Jolla will serve individuals and multigenerational families "who aspire to make an impact with their wealth," Ascent said.
02/08/2018
DBS Matches Swiss Wealth Peers
Citing recent reports from the Asian business of Switzerland's UBS, Gupta claimed DBS' wealth unit enjoyed comparable performance in attracting new money.
02/08/2018
Pro-EU campaign secures £400,000 from George Soros
A campaign group fighting to keep the UK in the EU has received £400,000 from billionaire investor George Soros.
02/08/2018
Singapore's DBS expects higher margins as fourth quarter profit jumps
Kicking off the reporting season for Singapore’s banks on Thursday, DBS said its fourth-quarter net interest margin, a key gauge of profitability, rose seven basis points to 1.78 percent.
02/08/2018
Société Générale ekes out quarterly profit despite charges
Results helped by an improving trend in bank’s French and international retail units
02/07/2018
Equities Might Matter So Much Less For Your Wealthiest Clients
For most affluent families, Desjardins finds that primary residences and vehicles are the most "massive" components of wealth at the beginning stages.
02/07/2018
For China’s Wealthy, Singapore Is the New Hong Kong
It’s farther from the authorities in Beijing—and a nice place to keep an apartment. By Chanyaporn Chanjaroen , Keith Zhai
02/07/2018
deVere to expand its graduate programme to meet growing and evolving demand
Mr Green goes on to say: “Like the industry itself, the deVere Group Graduate Programme is known to be hard work and intense.
02/07/2018
Edmond de Rothschild nets €345m for biotech fund
Fundraising comes as private-equity unit looks to spin out from parent company
02/07/2018
Harwood Wealth to manage Frenkel Topping mandates
As volumes of funds managed by Frenkel Topping increase, the percentage fee payable to Harwood Wealth will reduce.