02/28/2013
Coutts Continues Strategic Refocus
RBS said in 2011 that it wanted to strengthen its presence in the UK and focus future investments in growth in core, profitable countries, exiting some markets where it does not have a physical presence or an adequate market share.
02/28/2013
Moscow has the greatest number of billionaires of any city in the world, according to a global rich list, with London in fifth place.
02/28/2013
Rothschild raising 300 million euro loan fund
Rothschild already has 2 billion euros of leveraged loans under management, including five CLO funds.
02/28/2013
ABN Amro Bank NV said Friday it has completed a restructuring stemming from its troubled past
02/28/2013
This acquisition enables Banca Privata Edmond de Rothschild Lugano SA to pursue its growth strategy
02/27/2013
Last year saw a number of shareholders vote against pay packages in what became known as Britain's "shareholder Spring".
02/27/2013
Net income of $2,070 million (up 8% from $1,911 million)
02/27/2013
RBS managed to absorb costly regulatory investigations into money laundering and the sale of an AIG fund at Coutts to post a wealth arm profit for 2012.
02/27/2013
Total funds under management up 22% to £34.8 billion
02/27/2013
In the meantime, Asia's powerful economies continued to churn out thousands of new millionaires.
02/27/2013
Austria continues to be an interesting growth market in private banking
02/26/2013
DPZ Capital has lost half the senior management team
02/26/2013
Wealth Manager signs strategic partnership agreement with IFA network and national 'ON Line Partnership Group'
Managed Portfolio suite available through national network for the very first time
02/26/2013
The transaction is expected to more than triple SLW's discretionary assets, creating a private client wealth manager in the UK with increased profitability, significant scale and market presence.
02/26/2013
"This set of results represents a very positive end to 2012. We achieved record profits, record fees and record contribution from our key regional markets," UOB's chief executive officer Wee Ee Cheong said in a statement on Wednesday.
02/26/2013
The sale of the unit underscores a growing trend of consolidation in Asia's wealth management industry as private banks struggle to earn profits in the face of rising regulatory costs and wafer-thin advisory fees.
02/24/2013
Swiss private bank eyes Saudi market as it seeks to expand
The wealth manager, which has CHF200bn in assets under management, is considering opening an office in the kingdom as it views to tap the growing pool of prospective wealthy clients
02/24/2013
The new guidelines give confidence to non-banking corporates who may want to enter the market.
02/24/2013
It comes as BOC points to a trend of Chinese high-net-worth individuals switching from foreign private banks to domestic firms
02/24/2013
Australian wealth management and accounting firm in merger talks
The acquisition would see it broaden its services to its clients, adding 55 advisers and accountants to the SFG network and a further $606 million in funds under management.