02/12/2014
RBC Royal Bank Jamaica deep into the red last year
An unusually large tax bill and a big write-off of bad loans pushed RBC Royal Bank Jamaica deep into the red last year, with a reported net loss of $3 billion, according to its newly released annual financial statements.
02/11/2014
RBC Wealth Management has been recognised as having the ‘Best Private Banking Services Overall’ in Jersey, and number one in 13 further categories, by Euromoney, a global banking publication.
02/10/2014
Banque de Luxembourg has converted its Asia-focused fund of funds strategy into a direct investment Asia equities fund
02/10/2014
Equiom named in Private Client Practitioner’s Top 25 Most Admired UK Firms
Equiom, the leading international trust and corporate services provider with offices in the Isle of Man, Jersey and Malta is delighted to announce that it has been named in Private Client Practitioner’s ‘Top 25 Most Admired UK Companies 2014&a
02/10/2014
Assets managed around the world will rise from $63.9 trillion today to $101.7 trillion in just six years, led by growing riches in emerging markets and the expansion of sovereign funds
02/06/2014
Credit Suisse retains Best Private Bank award
Credit Suisse has been named Best Private Bank in Guernsey for the sixth consecutive year by Euromoney magazine.
02/06/2014
Private banking: Rise of the CIO
Wealth managers know they have to provide more to clients than a safe place to deposit money and a close relationship with families and individuals.
02/06/2014
Saffery Champness is one of the ‘Top 25 Most Admired Companies’
“Most Admired” companies are selected as a result of votes received following an open call for nominations.
02/05/2014
Butterfield Wins Caribbean Awards
Wealth management businesses are important at Butterfield, and these awards demonstrate that our people and services are among the most respected in the industry
02/05/2014
The integration process will focus on the rebranding of Investec Trust into Salamanca Group Trust and Fiduciary and ensuring Investec Trust clients and staff feel warmly welcomed into Salamanca Group.
02/04/2014
Legis named Guernsey’s ‘Trust Company of the Year’ at prestigious awards
The ‘Trust Company of the Year’ category is awarded each year in recognition of those companies who have excelled in achievement, innovation, expertise and service in their respective jurisdictions.
02/04/2014
The Abacus Financial Services Group will promote their international fiduciary and fund service offering as a sponsor at this year’s STEP Malta Conference in March.
02/03/2014
Booming Number of Asian Super Rich Flock to Invest in Monaco
Asia owns 24% of the total world private wealth with nearly one third of it held in real estate, mostly in international properties. With rising profits, Asian high net worth individuals (HNWI) have developed an appetite for trophy homes in Monaco.
01/31/2014
Now in their third year, these awards were established to highlight the excellence of the advisers and managers in the private wealth sector in the major international financial centres.
01/31/2014
European Union had pressured the island nation to require applicants to live in country for one year
01/30/2014
Royal Bank said it remained committed to the Caribbean but would focus on regions there where it has a bigger market share
01/30/2014
Expats Lose Out As Another Offshore Bank Closes
The Isle of Man based bank is to wind down over the next 12 months and close for good early in 2015. Many expats will have expected the news as the firm’s Channel Islands branch is also in the throes of closure.
01/30/2014
Jersey Finance announces line up for annual funds conference
Jersey’s position as the first ‘third country’ to offer the option of a fully-compliant AIFMD regime is set to be highlighted at Jersey Finance’s annual Funds Conference in London this year.
01/30/2014
RBC staff nominated Cancer Research UK as their ‘Charity of the Year’
01/29/2014
RBC Wealth Management named Channel Islands Private Bank of the Year
RBC Wealth Management also came runner-up in the ‘Jersey Trust Company of the Year’, 'Guernsey Trust Company of the Year', 'Caribbean Trust Company of the Year' and 'Hong Kong Trust Company of the Year' categories