04/02/2012
Tax lawyers describe the suits, emerging from a crackdown by federal authorities on Swiss banks, as the first of their kind in the United States to assert that Swiss bankers made improper assertions to their U.S. clients about the tax implications of thei
04/02/2012
Why China's Rich and Russia's Rich Share Many Traits
While in terms of their current geopolitical interests, histories and cultures, Russia and China are vastly different, their super-rich share many common traits.
04/02/2012
The number of Asians with at least $100 million in disposable assets overtook North America’s tally for the first time as the world’s “economic center of gravity” continued moving east, Citi said today in the report published in pa
04/02/2012
The legal merger between Clariden Leu AG and Credit Suisse AG is complete as of today.
04/02/2012
In one of the boldest moves by an offshore life company in recent years, Generali PanEurope this month will formally begin to target the UK high-net-worth and UHNWI market with a flagship portfolio product and wealth structuring services
04/02/2012
Ingenious Asset Management (IAM), has launched a charity service to provide multi-asset investment management for charities and similar bodies in the UK.
04/02/2012
Raymond James Financial announced today that it has completed its acquisition of Morgan Keegan, creating one of the country’s largest full-service wealth management and capital markets firms not headquartered on Wall Street.
04/02/2012
Schroder Private Banking is operating a multi-faceted growth strategy as it looks to build its advisory business and expand its service offering.
04/02/2012
Through SNI, the Alaouite dynasty - that has been ruling Morocco for close to four centuries - is the biggest private stakeholder in the local economy.
04/02/2012
The broker wars of 2012 are heating up as a foreign invader tries to crack the U.S., Asian, British and Latin American markets.
04/02/2012
Wells Fargo officially launched its Abbot Downing brand today to serve ultra high net worth clients, their foundations and endowments.
03/30/2012
The hiring of Andrea Orcel last week underlines the bank's commitment to grab more market share in the business of advising clients on mergers and acquisitions and other deals, Naratil told investors at a banking conference in London.
03/30/2012
As returns dwindle and financial markets lurch from crisis to crisis, more investors are focusing on how much they are paying for financial advice and products that aren't living up to expectations.
03/30/2012
According to the Money Across Generations II SM study, this hasn't necessarily prompted the adult children of boomers (predominantly members of Gen X and Gen Y) to feel any more confident about their financial future than their parents - but maybe
03/30/2012
While the high-net-worth market share of wirehouses slipped to 45% from a peak of 56% in 2007, and is projected to fall to 42% by 2014, both of the industry segments with which wirehouses compete in this space—traditional private client groups and m
03/30/2012
New silk route to Singapore
Every year, hundreds of Chinese private bankers gather in Hongqiao, a nondescript corner of smog-shrouded Shanghai, to learn the basics of wealth management.
03/30/2012
CIBC's Wealth Unit Aims For More Institutional, Banking Clients
The Canadian Imperial Bank of Commerce's wealth-management unit is looking to lure more institutional clients and sell more wealth-management products to retail-banking customers to bolster earnings over the next five years.
03/30/2012
British expats are now more likely to move abroad primarily for career progression and challenges – with lifestyle as a secondary factor.
03/30/2012
WH Ireland is to rebrand nine of Pritchard Stockbrokers’ offices and open another office in Lymington, Hampshire, in a move that will double its regional presence.
03/29/2012
So what’s the biggest take-away for asset managers in the wealth management space?