06/04/2013
Fleming opens Morgan Stanley's wallet
"We are driving growth and the top line rather than primarily on the expense side of the equation.
Wealth and Asset Management
06/04/2013
Credit Suisse Seeks to Boost Profits in U.S., Europe Wealth Unit
Credit Suisse Group AG, Switzerland’s second-biggest bank, is working to boost profitability of its wealth-management businesses in the U.S. and western Europe
06/04/2013
The New Normal: Codifying Superior Client Experience in Wealth Management - RESEARCH
Barclays Wealth and Investment Management and WealthBriefing have launched a new research report, entitled The New Normal: Codifying Superior Client Experience in Wealth Management.
06/04/2013
BNY Mellon to Bring Private Banking Services to RIAs
The global leader in investment management and investment services, has forged an innovative arrangement between its Pershing Advisor Solutions group and BNY Mellon Private Banking
06/04/2013
VP Bank: staying true to label in Asia
Despite far-reaching industry changes that have re-shaped Asian wealth management in recent years
06/04/2013
Northern Trust Highlights Corporate Social Responsibility Work in 2012 Report
Responsible investing, reduced greenhouse gas output among priorities
06/03/2013
Swiss private bankers feel the pinch
A corruption-fighting Nigerian politician points a gun at a Swiss banker and demands the names of his rich Nigerian clients.
06/03/2013
Reliance Financial Corporation Completes Citigroup Trust-Delaware, N.A. Transaction
A privately held diversified financial services and wealth management company, announced that it closed its previously announced agreement to acquire 100 percent of the stock of Citigroup Trust-Delaware, N.A.,
06/02/2013
UBS France put under formal investigation -judicial source
UBS France is being investigated by the French judiciary on whether it offered potential French clients investments that were allegedly designed to evade taxes.
06/02/2013
UBS’ Top Wealth Management Advisers May Start A Rival Business
UBS Wealth Management lost two of its top private client advisers on Friday.
06/02/2013
Asia set to become center of world wealth: senior Thai politician
Korn pointed out that China's economic achievements in the past 30 years have shown that the country has found a right path to growth and prosperity and has set a good example for other Asian countries to follow
06/02/2013
Heartwood Investment Management’s Managed Portfolio Service awarded 5 Star Rating
Independent financial research company Defaqto rates the Heartwood Investment Management offering as among best in market
06/02/2013
Kleinwort Benson owner RHJI: ditching BHF bid may incur charges
The company has existing contractual commitments in respect of the BHF transaction to both Deutsche Bank, as the seller, and to our co-investors," RHJ said in the letter.
06/02/2013
Strategic partnership of Julius Baer and Kairos commences as planned
Since November both partners have closely and successfully collaborated to reach this important milestone.
06/02/2013
Credit Suisse sees more shakeups in Asia private banking
The industry at the current cost-to-income ratio is not really sustainable,
06/02/2013
Credit Suisse sees more shakeups in Asia private banking
With a cost-to-income ratio of at least 80 percent, most private banks are losing money even as the ranks of the rich explode in fast-growing Asia,
06/02/2013
Kleinwort Benson owner slams rebel hedge fund break-up calls
'In our view, the board of RHJI has presided over an erratic strategy, which has resulted in consistent and substantial value destruction.
06/02/2013
Banyan Partners to Acquire Wealth-Management Firm
Banyan Partners, a fast-growing RIA based in Palm Beach Gardens, Fla., is acquiring Silver Bridge Advisors, the wealth management arm of global law firm WilmerHale.
06/02/2013
UBS doesn't want to hive off investment bank
Knight Vinke, a shareholder in UBS, launched a campaign a month ago to marshal other investors into supporting a breakup of the Swiss bank. UBS, which last year said it will let 10,000 staff go as it largely withdraws from fixed income, had not responded
06/02/2013
Coutts not up for sale by parent RBS: Classen
RBS is getting in better and better shape and they won't need to sell Coutts to raise capital,