07/22/2016
The aim of the report is to provide insight into the outlook for the wealth management industry at a time of sustained interest in the sector among investors and financial institutions.
07/22/2016
The changes, which are subject to regulatory approval, are effective 1 August 2016.
07/22/2016
The unit had watched its assets under management shrink for four consecutive quarters.
07/22/2016
That Asians have distinct needs as investors drove Citi to establish a dedicated unit for North America Asian clients in 2011, including the group two years later into a new global clients program.
07/22/2016
Several banks from different countries have been named in various documents from prosecutors.
07/22/2016
UBP Profits Rise After Coutts Deal
Assets under management reached CHF 113.5 billion at the end of June 2016, up from CHF 110 billion at the end of December 2015.
07/22/2016
Santander has what we were looking for.
07/22/2016
Not enough female finance chiefs, says asset management boss
“Half of chief executive officers (CEOs) are appointed from having been CFO and what I don’t understand is that only ten per cent of CFOs are women,” he said.
07/22/2016
In January the firm was forced to shut its fixed income arm after Michael Mabbutt and Felix Martin resigned, resurfacing six months later at Thames River Capital to launch an investment boutique.
07/22/2016
Net revenues in the bank’s wealth division slipped to $3.8 billion in the second quarter this year, compared to $3.9 billion a year ago, according to the report.
07/22/2016
The moves are expected to benefit the British Crown Dependency by about £200,000 each year from tax take and document duty.
07/21/2016
Such was the desperation to snatch the rare resource of experienced wealth managers that banks and bankers ended up in court in an effort to stop the widespread poaching of each others star rainmakers.
07/21/2016
When fully implemented, provide a significantly enhanced service for our clients.
07/21/2016
For wealthy people, in particular, woman safety is a major factor in their decision to move to another country or community.
07/21/2016
More than $3.5 billion was misappropriated and about $1 billion laundered through the US, the US Justice Department said as it launched what could be its biggest ever seizure of ill-gotten gains
07/21/2016
In the Caribbean, where many small countries with poorer populations reside close to each other, the problem is getting so bad that local businesses regularly have a hard time receiving remittances and paying suppliers outside of their own country
07/21/2016
Earnings per common share up 3%, or down 1% on an adjusted basis year-over-year
07/21/2016
Startups like Singapore’s Mesitis and Australia’s StockSpot, which use technology to offer investmenet advice and wealth planning, are targeting the financial hubs of Hong Kong and Singapore.
07/21/2016
The Capital Markets segment also experienced positive growth in revenues, bolstered by robust client activity levels in the Fixed Income division.
07/21/2016
Just 5% of respondents said client would be put off saving extra if a 33% rate was introduced – making it the most “palatable” option, said OMW.