09/19/2017
Vontobel: moving forward with a clear position
The company is already an attractive employer and wants to continue its global expansion across all its businesses in the future.
Wealth and Asset Management
09/19/2017
St James’s Place eyes up Dublin boutique investor Harvest
Possible link-up in the offing as FTSE 100 investment giant looks to expand into Republic
09/19/2017
Zug adviser sets up alternative investments desk
Another member of the new desk is Julian Gretzinger, who started at Lexinta in October 2016 as an associate director for capital markets.
09/19/2017
Raymond James enters distribution deal with Alliance Bernstein
The wealth manager's parent company Raymond James Financial already has a relationship with AB in the US.
09/18/2017
AIB’s €1.5bn push on rich pickings
AIB Private Banking is currently recruiting 10 staff to add to its headcount of 75 in Dublin, Cork and Galway.
09/18/2017
Harrods Bank closes after years of losses
Harrods Bank found favour with wealthy clients from the Middle East, in particular rich Saudis, who held accounts to fund their shopping sprees on their annual summer visits to London.
09/18/2017
Eased rules help Citibank’s wealth unit
Citigold customers are those who invest Bt5 million or more.
09/18/2017
SMP Partners to expand in Cayman
We will work closely with CNT to ensure a smooth transition of the book of business over to SMP.
09/18/2017
ANZ responds to report it is selling wealth management unit
The Australian Financial Review on Sunday reported the banking group had received at least one offer “in the high [A$]4 billions” for the wealth management unit ahead of a Friday deadline and that MetLife and Zurich had both submitted bids.
09/18/2017
Four Core Strategies For Cultivating Affluent Investors
The most powerful way to source new affluent investors and what is regularly the only way to source the extremely wealthy is by getting referrals
09/18/2017
Baar wealth manager launches into UK
The four remaining funds are Absolute Return, Global Fixed Income, US Convertible Debt and Active Precious Metals.
09/18/2017
Portugal - the new IFC?
There are a number of benefits of taking this route, he explains.
09/18/2017
National Australia Bank's new class of private bank customer
NAB is also conducting a strategic review of its wealth business.
09/18/2017
Old Mutual’s local shareholders to gain access to £1-trillion retail wealth market
The unit will list on the London Stock Exchange, with a secondary listing on the JSE, following the release of Old Mutual plc’s annual results in March and in order to complete the group’s managed separation.
09/18/2017
Four opportunities for independent wealth managers in Asia
The reasons make sense.
09/18/2017
European Wealth plans pivot to pension management
The company had earlier taken on short term bridging finance in order to repay a tranche of convertible loan stock.
09/18/2017
CIBC brand extended across North America
The PrivateBank takes CIBC name following June acquisition
09/15/2017
Opening global routes for wealthy Vietnamese
Many wealthy Vietnamese are also increasingly attracted to the concept of relocating to get access to higher-quality education for the sake of their children.
09/15/2017
Why bankers in Asia don’t like their jobs
Private banks in Asia have continued to bolster their compliance teams as the industry becomes more heavily regulated to prevent money laundering.
09/15/2017
Credit Agricole Sizes Up Opportunity in Asian Economic Growth
The firm’s private bank is already making moves to expand in Asia.