07/14/2013
Swiss Private Banks Continue to Face Headwinds - Fitch
Well Placed To Withstand Pressure
Wealth and Asset Management
07/14/2013
Julius Baer boosts Israel activity
Swiss private banking institution incorporates activity of Merrill Lynch's wealth management division into its TA office to strengthen presence in Israeli market
07/14/2013
Rich Latin Americans love Miami
Itaú Private Bank International: Building on Miami’s allure to Latins
07/14/2013
Dubai loses ground to London in battle of banking
London has strong links to the Gulf region due to its historical bonds with the sheikhdoms when they granted Britain as trucial states access
07/14/2013
Bennelong Group appointa new wealth management head
Bennelong has stated it plans to build a national wealth management business targeted to high-net-worth clients
07/14/2013
Nine in 10 high net worth individuals use social media
"Nine in 10 high net worth individuals use social media and 52% would like to engage with an adviser through social media," Ambrose said.
07/14/2013
HSBC Trinkaus to sell private banking in Luxembourg
Approximately 20 employees working for the private banking business of HSBC Trinkaus & Burkhardt (International) SA are expected to transfer to VP Bank as part of the sale.
07/14/2013
Lloyds' grip on private banking loosens as Rathbones and Investec grab UK share
The bank has some $398 billion under management globally, and was followed in the list by Barclays which runs $201.4 billion.
07/14/2013
Wealth managers fire warning shot over ‘super clean’ fund deals
The race to secure the best priced share classes intensified earlier this month when Standard Life became the first platform to secure super clean deals.
07/14/2013
Focus Financial Partners Receives Strategic Equity Investment
The independent, RIA industry is a growing $3.2 trillion market that continues to attract fiduciary-minded wealth managers
07/14/2013
Citigroup 42% Profit Rise Tops Estimates
Chief Executive Officer Michael Corbat, 53, has fired thousands of workers and scaled back operations in some countries to cut costs since replacing Vikram Pandit, 56, in October.
07/14/2013
Angel Investors Are Spreading the Wealth
The world is changing for angel investors, the ultra-wealthy looking for start-up companies to fund
07/14/2013
Millionaires Most Concerned about Security of Their Financial Information Online
As mobile technology and social media usage increases, so, too, do concerns about the security of financial information
07/14/2013
7IM bags £80m model portfolio mandate
Towergate Financial awards 7IM with mandate for its passive model portfolio range after “concerns” about previous manager Evercore Pan-Asset’s performance.
07/09/2013
Wealth Management Product At China’s Largest Bank Goes Bust
Angry investors dress in white sheets and stage protest
07/09/2013
RBI reviewing guidelines on mis-selling by banks in wealth management services
The Financial Stability Report released by RBI has taken note of mis-selling in the wealth management division of banks.
07/09/2013
UBS once again the world's largest private bank as assets surge
UBS won back the title of largest private bank in the world as inflows of fresh client funds surged last year
07/09/2013
Asia-Pacific’s affluent puts money into “investments of passion”
An increasing number of millionaires in the Asia-Pacific region are showing interest in so-called investments of passion such as art, jewelry and collectibles
07/09/2013
Wealth managers see turnaround in net new money
Scorpio suggests that the growing dominance of the top 20 reflects consumer demand for a single wealth manager proposition
07/09/2013
FIBA Wealth Management Forum
The FIBA Wealth Management Forum 2013, will provide an overall perspective on the industry as well as explore the challenges and opportunities resulting from global and regional changes.