05/24/2017
Estera CEO and Group Directors Recognised on Citywealth Leaders List
The Leaders List is the result of an ongoing year-long programme of peer recommendation and verification.
Wealth and Asset Management
05/24/2017
STM considers Qrops ‘buying spree’ as European units downsized
In response to changes imposed by the UK budget on the costs of transferring certain pensions to a QROP, management was quick to launch the International SIPP from its UK SIPP business as an alternative product to the Gibraltar or Malta based QROP proposi
05/23/2017
Fund Administration changes hands
It provides services and administration to around $7 billion in assets.
05/23/2017
Wealth structuring and administration solutions firm re-brands globally
With clients in 115 countries, the international corporate, private client and funds business has created a fresh, universal image, which will help it to deliver on its global growth ambitions.
05/22/2017
Monaco-based private bank closes London arm
CMB Wealth was launched in 2015 by ex-Coutts investment director Julian Soper and Savio Figueredo, formerly a director at Barclays Wealth & Investment Management.
05/22/2017
Barclays set to create 100 jobs as it steps up private banking push
Move comes three years after lender aborted first expansion plan in private banking.
05/22/2017
Barclays to hire “relationship managers” in Geneva, Monaco, India, Dubai, Jersey, Guernsey and the Isle of Man
It missed its growth targets and the private-banking arm was folded into the wealth-management business in 2014.
05/22/2017
New York event highlights Bermuda’s role in global economy
Our company is always looking for ways to give people the information they need to make smart decisions and fuel growth
05/20/2017
Monaco’s Rosemont adds Andorra outpost
The new business is known as Rosemont Services Andorra SL, and it joins a list of other Rosemont International outposts under the Rosemont name in Hong Kong.
05/16/2017
Butterfield responds to fears over jobs
The job of the Bermuda Government is to stand strong for Bermudian workers and create Bermudian job
05/15/2017
Vistra extends to Australia with accountancy acquisition
The team of 17 staff at Foster Raffan’s Compliance division, led by partner, Vivien Tang, will join Vistra where Vivien will remain responsible for her team, whilst taking up the role of Head of International Expansion in Australia within Vistra.
05/15/2017
Jersey retains winning position for ‘Best International Finance Centre’
The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations.
05/15/2017
SMP Partners buys Royal Bank of Canada offices in Caribbean
The transaction was subject to standard regulatory approvals and customary closing conditions, which have now been fulfilled.
05/14/2017
We complement Singapore & HK as financial centres: Labuan IBFC
Businesses based in Labuan IBFC focus on three core sectors — banking, reinsurance, wealth management and financial services.
05/14/2017
This Caribbean Bank Wants Chinese Money No One Else Will Touch
New Bank of Asia to serve 200,000 offshore companies in BVI
05/12/2017
Singapore, a Rising Home for Quiet Money, Comes Under Pressure
Singapore is now growing faster than Switzerland and is set to become the largest cross-border financial center in the world by 2028, the firm forecasts.
05/11/2017
Winners of Citywealth Magic Circle Awards announced
The awards, now in their 12th year, recognise the best wealth managers and advisers in the private wealth sector
05/11/2017
The Monaco Investment Corporation Founded to Lead Global Sovereign Direct Investment Program
The MIC will initially lead an investment program in financial institutions and natural resources with expansion into other sectors as investment capabilities are acquired.
05/11/2017
Butterfield may relocate jobs to Halifax
It is expected that this will allow the bank to reduce its expenses in Bermuda and Cayma
05/11/2017
Crestbridge Supports London Listing of US-managed Fund
A closed-ended investment company, EJF Investments Limited is managed by an affiliate of US-based EJF Capital, the $7.4bn hedge fund which invests across debt, equity and securitisation assets.