05/08/2018
Standard Life Aberdeen disputes Lloyds 'right' to pull £109bn Scottish Widows portfolio
SLA claims it is not a 'material competitor'
Wealth and Asset Management
05/08/2018
UBS Wealth Management sets up London-based high-net-worth team
This resource commitment is bearing fruit and we take tremendous pride in achieving growth milestones like we have today.
05/08/2018
With 1.2 million HNW expats, wealth managers must offer tailored products, says GlobalData
As a result, wealth managers have been eager to differentiate themselves from the competition by focusing on particular segments of the market.
05/08/2018
Everbright Sun Hung Kai launches new account to compete head-on with private banks
Asset Power Account will allow existing or new customers with assets worth a minimum of HK$8 million (just more than US$1 million) to invest across a range of services
05/08/2018
China penalises three banks for improper wealth management
Besides amending the regulatory standards for asset management services, the new rules address other relevant issues.
05/07/2018
Goldman's $1 Billion Bankers Are Benchmark in Asia's Wealth Race
The rising pools of wealth partly reflect the sheer volume of rich individuals being created in Asia, a region that’s home to more millionaires than North America.
05/07/2018
Urgent need for more holistic approach to wealth management
To help Malaysians understand comprehensive wealth management, its issues and developing opportunities, Harveston Financial Group will be holding the country’s first integrated holistic wealth management conference on June 9
05/07/2018
Investing Canvas: Many Planners Add Art Valuation to a Portfolio Conversation
Art partnerships offer some little-understood advantages
05/07/2018
UK’s oldest bank taps 32-year-old as new partner
Looks to inject ‘millennial thinking’ into venerable institution
05/04/2018
BTG Pactual’s wealth business posts record inflows
This brings its total wealth assets to 100.2 billion reals ($28.3 billion), up 15% compared to the fourth quarter of 2017.
05/04/2018
UBS Becomes First Global Bank to Take Advantage of China Opening
UBS said in a separate statement it aims to raise the stake in its China venture to 51 percent, up from the current 24.99 percent.
05/04/2018
How Morgan Stanley Got Its Mojo Back
CEO James Gorman wasn’t a star trader or a banker. He was a consultant, and well matched for Wall Street’s new mundane style of business
05/04/2018
Capco Launches Fine Art & Collectibles group
New group works with wealth managers, family offices and boutiques to seize opportunities in a growing and competitive market
05/04/2018
Big Winners From India's Cash Clampdown Are Private Bankers
The recruitment drive at the private banking unit, which started in the early 2000s, moved into high gear last year as India’s rich started shifting investments away from property and gold
05/04/2018
12 Ways To Avoid The Most Common Wealth Management Mistakes
Other mistakes are just as costly and could affect how your money is managed and grown over time.
05/04/2018
One-size-fits-all will not meet high net worth expat demands
Many providers have developed dedicated offerings aimed at particular diasporas.
05/03/2018
UBS Says Don't Fret After Emerging Bond Exodus Tops Taper Tantrum's
The global economy is stronger and EM external vulnerabilities much less significant," said Czerwonko, who is overweight emerging-market sovereign bonds.
05/03/2018
Seven new things to know before you interview with Standard Chartered in Asia
The bank currently has 475 vacancies in Singapore alone.
05/03/2018
National Australia Bank to sell MLC as another bank flees wealth management
The scandals bubbling up from wealth management and financial advice divisions at the banking royal commission has only hastened the bank's decision to retreat.
05/03/2018
Indosuez Wealth Management completes acquisition of Italian wealth manager
The acquisition, which was initially announced in November 2017, further strengthens the bank's presence in Italy.