01/31/2013
UBS to boost wealth managenment business in China
"China, as one of UBS' most important markets, will continue to be key for our new strategy," Weber said during his first visit to China after becoming UBS chairman last year.
01/31/2013
At the same time and as a first step of the integration, Julius Baer acquired the Geneva-based Merrill Lynch Bank (Suisse) S.A. with around CHF 11 billion assets under management.
01/31/2013
The Q4 2012 performance figures for the ARC Private Client Indices and Charity Indices have been calculated.
01/31/2013
Quadruple hire powers near tripling in Vestra profits
As it reported on its financial performance, Vestra pointed to the challenging conditions. However, in a filing to Companies House, the firm appeared to have navigated these smoothly, highlighting growth in its client bank ‘at a good price’ an
01/31/2013
Signia's Robinson hire paves way for Leeds and Manchester arms
The expansion plans follow the boutique’s hire of former Schroders Private Banking boss Rupert Robinson for the newly created role of head of wealth management.
01/30/2013
Major Swiss banks 'raise bullion holding charges'
Switzerland has traditionally been regarded by commodities traders as the best place to stash bullion.
01/30/2013
Morgan Stanley Wealth Management Launches Perspectives in Philanthropy, Vol. 9, “Athletes and Entertainers Giving Back
The featured athletes and entertainers describe how they chose their philanthropic causes, the outcomes they hope to accomplish and the lessons they have learned from running nonprofits.
01/30/2013
The achievement of the maximum ‘5 Star’ Rating for multiple discretionary propositions across Defaqto’s two Discretionary Fund Management rating classes is a rare feat indeed.
01/30/2013
UBS, Coutts target onshore wealth in HK
Amid signs of a rising appreciation of asset allocation, the Hong Kong market heads of two private banks step up marketing to the city’s underpenetrated high-net-worth community.
01/30/2013
Until now, the company, which traces its roots back to 1845, has catered mainly for British investors
01/30/2013
Berry Asset Management wins 'Best Innovation' Award
Berry Asset Management has been announced as the winner of the ‘Best Innovation’ award at the inaugural ‘Portfolio Adviser Wealth Manager Awards’.
01/30/2013
BNY Mellon will provide a full suite of services to the Irish fund range including derivative execution, KIID production, daily performance reporting and share class hedging.
01/30/2013
Operating costs increased 4 percent in that period
01/30/2013
In the past, the Indian art market was largely dominated by collectors and connoisseurs
01/30/2013
Eleven Raymond James advisors named to BIC top 50 advisor list
FID managing director, John W. Houston, said, "Raymond James is proud to be affiliated with these 11 outstanding advisors
01/30/2013
U.S. Bank is bulking up its wealth management business
01/30/2013
Mexican Billionaires Beat Brazilians In Wealth
Wealth-X, the ultra high net worth (UHNW) business development solution for Global Private Banks, Luxury Brands, Educational Institutions and Non-Profits, has released a list of the top 10 wealthiest Latin Americans.
01/29/2013
How 7IM plans to beat its rivals in the private banking space
In May of last year it announced that it would start taking deposits and offering clients loans through its platform.
01/29/2013
Philanthropy Changes as Rising Generation of Donors Emerges
Gen Xers and millennials focus on values, engagement and impact
01/29/2013
HNW investors feel their financial situation is improving
What does it take to feel optimistic these days? At least $5 million,