03/15/2012

UOB targets rising rich with wealth centres

United Overseas Bank Limited (UOB) today said that it has added $260 million in assets under management (AUM) and attracted 25,000 customers in the first three months since the launch of its wealth banking segment.

03/15/2012

Wealth manager overtakes Kengeter in UBS pay stakes

A wealth manager, rather than an investment banker, received the largest pay package at UBS last year for the first time since the Swiss bank began disclosing its annual pay practices - a sign of the group's decision to shift its focus back to privat

03/15/2012

Standard Chartered Private Banker Held by Police in China

“We are unable to comment on the reason for her detention -- this is a matter for the police,” Singapore-based spokeswoman Melissa Cheah said in an e-mailed response to queries today. “We can confirm that Standard Chartered is not being

03/14/2012

Upbeat Brooks Macdonald defies markets

WEALTH manager Brooks Macdonald has continued to enjoy solid growth in the funds it administers, even as markets tanked in the second half of last year.

03/14/2012

Sterne Agee Expands Private Client Group

Sterne, Agee & Leach, Inc., one of the oldest and largest privately-owned investment banking firms in the country, has expanded its Private Client Group with the addition of an investment office in Chicago.

03/14/2012

Washington Wealth lands Morgan Stanley broker

Washington Wealth Management LLC, a start-up firm that has grown by hiring away advisers from top U.S. brokerages, has added its latest recruit from Morgan Stanley Smith Barney.

03/13/2012

Global battle rages for LatAm wealth market clients

Wealth management in Latin America is experiencing turf wars on an international scale between asset managers, private banks and family offices hoping to win over the rising number of affluent clients.