06/23/2017
Julius Baer Group Ltd. has announced today the strategic realignment of its fully owned independent wealth manager WMPartners Wealth Management Ltd. Its expertise in serving clients with assets booked with different custodian banks will be insourced into
06/23/2017
CIBC on Friday completed its $5 billion acquisition of PrivateBancorp Inc., the holding company of PrivateBank. Larry Richman, who ran the Chicago lender for the past decade, becomes CIBC’s group head of the U.S. region and CEO of PrivateBank.
06/23/2017
Sees private banking assets growing 20 pct annually over 5 years
06/22/2017
Paul Beard, executive chairman of Alexander Beard Group, said that the acquisition fits its strategy of buying smaller practices in relevant locations.
06/22/2017
The increase in client assets was largely attributable to market appreciation, aided by continued success in retaining and recruiting financial advisors in the Private Client Group.
06/22/2017
“Overall, the restructuring and additional investments we did in 2016 are bearing fruits and we are on track to go beyond initial targets,” he adds.
06/22/2017
Eight times more millionaires in China now than 10 years ago, report shows
06/22/2017
Digitisation is a key priority for Citi
06/22/2017
Chicago wealth manager offers an alternative to traditional practices
06/22/2017
State-owned bank may profit after scandals at foreign firms
06/21/2017
The financing has been completed via a special purpose bankruptcy remote structure with Perpetual as the trustee.
06/21/2017
The wirehouse has also requested a temporary restraining order against the defendants, in a bid to stop them from soliciting more clients, as reported by FA-IQ sister publication, Fundfire.
06/21/2017
The milestone was unveiled by Hampden following moves by the bank to steadily boost its senior management team in recent months.
06/21/2017
It is the partner-led private bank's first foray into private equity, after setting up a standalone asset management unit five years ago.
06/21/2017
UBS is the largest wealth manager in the world.
06/21/2017
The Private Wealth Management division had continued to develop its client proposition around advice and fee related business.
06/21/2017
Investec, the Anglo-South African lender and asset manager, also launched its own digital investment platform, Click & Invest, today.
06/21/2017
The ability to assess cases on an individual basis and deliver bespoke solutions quickly and accurately has proved incredibly successful in the HNW market.
06/21/2017
Countryfile Live will take place across four days from 3 – 6 August
06/20/2017
The 17th annual study by BCG outlines the evolution of private wealth from both global and regional perspectives, addresses key industry trends, and places special emphasis on how players can create fresh and innovative client journeys by leveraging digit