05/19/2013
Fremont Bank expands wealth management to compete with Wells Fargo, others
Community banks are going on the offense as their wealthy clients turning to Bank of America
Wealth and Asset Management
05/19/2013
UK-based hedge fund holds off US dominance to crack big league of top hedgie performers
Invests in a bucket of loans that are then wrapped into a single loan and traded
05/19/2013
City Bankers Plan to Dodge New EU Crackdown on Bonuses
Experts warn a crackdown on banker bonuses will lead to a surge in salaries and other pay types to compensate.
05/18/2013
Adam & Co sees profits double as costs reduce
Economic conditions will remain challenging for private banks
05/17/2013
Atlantic Trust managing director dies
S. Mark Powell, managing partner of Atlantic Trust’s Austin operations, has died from a yet undetermined cause, a company official confirmed.
05/16/2013
Coutts & RBS announce their support of Accelerate 2013
Major banks back Britain's world-beating businesses
05/16/2013
ABN AMRO Private Banking recognised at Wealth Briefing Awards
The inaugural awards of Wealth Briefing aims to recognise best practise within the wealth management industry.
05/16/2013
HSBC launches Wealth Dashboard in Singapore
It will also allow ‘timely execution of deals’ by customers and give them more control over their wealth portfolios
05/16/2013
ABN AMRO cuts 400 jobs as prepares for eventual sale
State-owned Dutch bank ABN AMRO is to cut 400 jobs, about 2 percent of its workforce, as it prepares for an eventual sale.
05/16/2013
Saunderson House gains 43 clients in three months
This represents a slight increase to the company’s client bank
05/15/2013
Societe Generale Private Banking and Campden Wealth announce "Campden European Families in Business Awards 2013" shortlist
The Awards highlight family businesses and leaders who have a remarkable history and have in common that they are drivers of economic growth in Europe.
05/15/2013
IFA buys two adviser client banks
The firm says it is on the lookout for more acquisitions
05/14/2013
China expands crackdown on wealth management fund pools to non-bank financials
The rise of WMPs has been fuelled by Chinese depositors' hunger for yields above the central bank's benchmark deposit rate
05/14/2013
Julius Baer reports 16% increase in AUM
Interim Management Statement for the first four months of 2013
05/14/2013
BNP Paribas Launches the BNP Paribas Individual Philanthropy Index
BNP Paribas has launched a first of its kind Individual Philanthropy Index which measures and reflects the commitment of individual philanthropists from Europe, Asia and the Middle East.
05/14/2013
HSBC Signals 14,000 Jobs Cuts in $3 Billion Savings Plan
The bank expects to reduce the number of employees
05/14/2013
Blue-blooded Swiss banks bid for UK retail business
Swiss bank is changing the direction of its $11bn asset management business by expanding its presence in the UK wholesale market, necessitating high-profile appointments
05/14/2013
Sallie Krawcheck to Buy 85 Broads Women’s Network
I am becoming involved with and investing in 85 Broads because investing in women is smart business
05/13/2013
Dutch bank Van Lanschot to cut 250 jobs in reorganisation
Strategic choice for activities that preserve and create client wealth; Van Lanschot welcomes starters building wealth and deepens online offering
05/13/2013
Wealth manager Rathbones upbeat as assets jump 12 percent
Boosted by buoyant financial markets and recent takeover activity