01/27/2017
UBS sees investor outflows even as it beats profit expectations
UBS launches new philanthropic portfolio to improve child healthcare in world’s most neglected communities
Wealth and Asset Management
01/27/2017
UBS hopes Trump-led rally will help boost wealth management
We have begun to observe improved investor confidence.
01/27/2017
Sumitomo Mitsui Hiring Barclays Private Bankers as Ties End
Barclays has been paring operations in Japan and elsewhere in Asia as part of global cost cuts to boost profitability.
01/27/2017
EFG International CEO says BSI integration entirely on schedule
He hoped the bank would be able to increase revenues
01/27/2017
Lighthouse Partners backs second BlueCrest trader in two months
It is not known how much Lighthouse is giving Pace for her new hedge fund, which will be initially closed to external investors, one of the sources said.
01/26/2017
BNY Mellon Wealth Management takes a chance on North Virginia
The office has five staff members but expects to add eight more as it grows over the next couple of years, according to BNY Mellon.
01/26/2017
Raymond James' profits buffeted by $30M in rising legal costs
Record quarterly net revenues of $1.04 billion, up 19 percent over the prior year’s fiscal first quarter and 8 percent over the preceding quarter
01/26/2017
ZEDRA to attend the Corporate Jet Investor
It annually provides a valuable opportunity to network with existing contacts and make new ones.
01/26/2017
Julius Baer’s Bold Plans for its Asian Private Bank
Asia-Pacific CIO Bhashkar Laxminarayan wants to quadruple discretionary assets in five years.
01/26/2017
St. James’s Place - Record flows in final quarter drive funds under management to £75 billion
We’ve achieved strong growth across all the key aspects of the business and I believe that we are better placed today for the opportunities that lie ahead than ever before.”
01/26/2017
Brewin Dolphin momentum continues to build
Q1 discretionary funds inflow of £0.7bn driven by ongoing inflows from all channels.
01/26/2017
A resolute strategy for the Swiss financial centre
And in order to enable the sector to continue its successful operations, three current topics are of vital importance
01/25/2017
Wealthy women targeted by UBS
Bank’s wealth management arm to ‘retrain staff’ in bid to win female clients
01/25/2017
SBI wealth management product launched in Kochi
SBI Exclusif is targeted at the fast-growing affluent segment and was launched in Bengaluru and Delhi last year.
01/25/2017
AIM-listed wealth firm rockets 17% on bumper results
The company executed its purchases through the period at an average price of 1.9% of client assets.
01/25/2017
Asian wealth management is an increasingly elite business.
But a crackdown on money laundering since the financial crisis has lifted compliance costs.
01/25/2017
RBC Wealth Management-U.S. kicks off series of investments in holistic wealth planning with roll-out of MoneyGuidePro®
The new system allows advisors to better help clients identify, quantify and prioritize their goals.
01/25/2017
Deutsche Bank eyes IPO for asset management arm
Deutsche Bank had revealed that it would be splitting its asset and wealth management businesses in a major overhaul.
01/25/2017
Gary Cohn’s Goldman Exit Tops $100 Million
He leaves the Wall Street firm for a role in the Trump administration.
01/24/2017
World’s Largest Private Bank Sees Euro Rally in Contrarian Call
The Federal Reserve is expected to gradually lift U.S. interest rates.