11/07/2012
"We have a lot of enquiries from European banks, not because they want to move the assets necessarily to Asia, but because their clients are asking them to," said Joshua Rotbart, general manager of Malca-Amit Precious Metals Ltd.
11/07/2012
An association of Singapore wealth managers with ultra-high net worth clients is gaining in size and visibility, as it enters its second year of existence.
11/07/2012
RBC has the distinction of being the first winner in this new category of the awards that celebrate excellence in wealth management, presented today at a ceremony in Singapore.
11/06/2012
The merger allows for a consistent investment process aimed at enhancing returns while minimising risk, the company stated.
11/06/2012
The increasing popularity of wealth management products in China has the potential to reduce banks' deposits and destabilize the banking system more generally, says CreditSights.
11/06/2012
"From the perspective of asset quality, the best point in the credit cycle is now behind Australian banks," said Fitch Ratings.
11/06/2012
BNP Paribas doubled third-quarter net profit on the back of a bond-trading rebound and a drop in euro zone losses, helping it meet balance-sheet targets ahead of schedule despite the economic slowdown.
11/06/2012
ING Group's 3Q12 net result was EUR 609 million, or EUR 0.16 per share, including divestments and special items.
11/06/2012
Rathbones acquires Taylor Young IM's wealth business
TYIM funds under management were £337 million at 2 November 2012 and Rathbones expects to pay a total of up to £10million for the firm.
11/06/2012
Funds under management in core operations up 4% to £263.3 billion
11/06/2012
Leading global financial services firm selling its Indian private bank
Wealth management platforms are usually sold for about 2 to 3 per cent of the assets under management, although the sources said it was not yet clear what price tag the unit could fetch.
11/06/2012
Skandia, which has since begun to rebrand as Old Mutual Wealth, saw UK platform gross sales of £900 million, down from £1.2 billion in the third quarter of 2011.
11/05/2012
Wealth Management Reigns Supreme at UBS
CEO of UBS Group Americas and the head of Wealth Management Americas, held a quarterly conference call yesterday with wealth management employees to brief them on the direction of the unit.
11/05/2012
Swiss Private Bank opens ME office
The bank is one of the oldest Swiss Private Bank authorized by FINMA
11/05/2012
Swiss bank joins emirate to manage assets
The Doha-based business of the joint venture will be licensed and regulated by the Qatar Financial Centre.
11/05/2012
The award was granted in the category 'Best Bank in the CIS and Baltic States providing private banking services and wealth management for Russian customers'.
11/05/2012
Britain’s Royal Mint’s announcement is on the heels of Barclays Plc expansion into opening a precious metals vault for its customers in September and Deutsche Bank will follow suit in March.
11/05/2012
The pair are currently working in Rathbones’ Winchester office, but will set up their own branch in Lymington before the end of the year.
11/05/2012
The firm currently has 114 paraplanners and support staff and is looking to add another 20 across the UK.
11/04/2012
Global Wealth 2012, Highs and Lows of World Salaries
Last year, the smallest wages in Europe were paid in Ukraine, Moldova and Albania.