Managers of Wealth Offshore

1 million rich Gulf families own wealth worth $ 1.2 trillion

One million wealthy families in the Gulf Cooperation Council (GCC) countries own investment assets worth about USD 1.2 trillion, a new report has said.

Italian families lose 40 percent of their wealth in a decade

The findings show the scale of the challenge facing the country.

Job-hunting investment bankers, please note: Wealth managers want to hire you

Both foreign and Indian wealth management and private banking firms such as Barclays, India Infoline and Karvy are looking at sourcing talent from the investment banking segment.

Coutts: Million-pound donations hit five-year high

Living individuals therefore continue to be the most significant source of the largest donations.

Skandia hires wealth management consultants in sales revamp

Skandia is introducing a layer of 'wealth management consultants'

Berry launches 'Performance Tracker'

Berry Asset Management has further enhanced its investor experience, with the introduction of its innovative new Performance Tracker facility.

Mobile millionaires place family and quality of life above business interests - RBC Research

Global mobility shapes investment approach; Cultural ties influence wealth transfer and philanthropy

Falcon Bank Eyes More Buys After Clariden Deal

Falcon Private Bank plans to acquire wealth management boutiques that manage between $500 million and $4 billion in assets.

TD Bank acquisition to boost North American wealth business

TD Bank has been expanding aggressively in retail banking in the U.S. in recent years.

Private Banking Arm Helps Bank of America Boost Profits

Among the banks offering special treatment, for a fee, is Bank of America.

UAE bankers get the biggest salary hikes

Among the professional services sector, bankers in the UAE got the biggest pay hikes this year, says a recruitment expert in the country.

Coutts launches new accounts and extends international offering

They will also deepen the international client product offering as each of the products is offered in Euro and US Dollar, as well as Sterling.

FSA Warns Banks On Bonus Culture

They were also informed that the bonus cuts should go beyond the required evidence of banks clawing back pay awarded to executives and staff involved in mis-selling.

Entire Wealth Management to launch transactional service

Even low-value clients will still need advice post-RDR, IFA argues.

U.S. Bank opens Ascent ultra-high wealth family office

This isn’t for the moderately wealthy. Ascent targets clients with a minimum net worth of $50 million.

Are Wealth Managers Clinging to Old, Ineffective Investment Models?

Wealth managers, as a group, have not grasped the extent to which the financial markets have fundamentally changed in the wake of the 2008-2009 downturn, according to a survey of 130 wealth managers.

New exclusive banking service for Kenya’s rich

“East Africa has actually been leading in economic growth in Africa … Certainly it follows that also the wealthy people will actually grow,” he added.

Banks' wealth management products have growing risks

"Managing WMP issuance and payouts is becoming a growing logistical challenge."

China Developers Chase Wealthy Locals Abroad

“There are Chinese people who have a lot of money and have soured on China’s real estate market,” said Patrick Chovanec, an associate professor at Tsinghua University’s School of Economics and Management in Beijing.

BOC’s Three Levels of Wealth Management Services Won Awards

BOC Private Banking and BOC Prestigious Wealth Management won the "Best Private Banking Business

Wealth and Asset Management