Managers of Wealth Offshore

Hong Kong’s largest IFA seeks to expand product offering

The firm has a sales force of about 1,500 people and an estimated 60,000 customers

Wealthy Arabs buy right to live in Britain

The number of Arab millionaires investing in Britain in exchange for permanent residency has increased in the wake of the Arab Spring as investors look to flee political turmoil in their home country, financial advisors have told Arabian Business.

BNY Mellon profit rises 11 percent in third quarter

Net income at the world's largest custody bank was $720 million, or 61 cents a share, compared with $651 million, or 53 cents a share, a year earlier.

BNP Paribas Wealth Management reaches milestone

BNP Paribas Wealth Management has now passed an initial milestone

Qatar cash, prospects lure top bankers to local firms

Qatar is expanding in the Arab world's banking sector mainly through Qatar National Bank (QNB)

Rothschild Bank Wades Into Indonesian Deal Row

The role of Rothschild, the investment bank, will be to provide a fairness opinion to judge whether the independent board members should accept the offer from the Bakries.

NAB wealth division appoints new hedge fund adviser

"We selected DGAM based on their combination of investment, advisory and risk management knowledge and experience,” said Gareth Abley

Rothschild told to give up £40m

The bonus shares were awarded on the condition of the deal between the Bakries and Rothschild being a success.

Citigroup looks to Asian deal activity

Vikram Pandit said Citigroup should reap benefits from acquisition-hungry Asian companies while a solution to the US “fiscal cliff” would unleash pent-up demand in the US.

Former Credit Suisse Banker Barret Creates M&A Boutique

He was co-head of Credit Suisse AG’s investment bank in France, Belgium and Luxembourg since 2009, after spending more than 15 years at Morgan Stanley.

Almost half of financial advisers believe the industry has not done enough to survive RDR - Heartwood

Almost half (43%) of financial advisers do not feel confident that the industry has accepted the need to make fundamental changes to its business models to survive the changes imposed by RDR, according to new research from Heartwood, the independently own

Goldman Sachs swings to profit

The firm ranked first in worldwide equity and equity-related offerings and common stock offerings for the year-to-date.

Vikram Pandit Steps Down as CEO of Citigroup

Board praised Vikram Pandit's "leadership, integrity and resilience in guiding Citi through the crisis and positioning it well for the future."

EFG International seeks to boost its presence in Asia

Meanwhile, the bank has been unwinding operations in other markets as part of its restructuring plans

Royal Bank of Canada targets Asian wealth

RBC Wealth Management, the world's sixth largest wealth manager by assets under management, is seeking small to medium-sized asset managers in Asia, and plans to more than double client manager numbers by 2015.

Why You Should Worry About China’s Wealth Management Products

Wealth management products, or WMPs, might be the best thing that ever happened to Chinese savers.

Citi Profit Slides, but Core Businesses Show Strength

Revenue decreased to $19.4 billion from $20.83 billion a year ago.

Aberdeen Asset opens New York office

The New York office will serve as a business development and marketing center and complements Aberdeen’s North American headquarters in Philadelphia, as well as the company’s on-the-ground business development presence in Chicago, Miami, San F

Leading Swiss Private bank to slash 10,000 jobs

The banking giant could shed 10,000 jobs in the near future, according to a report on Saturday in the Tages Anzeiger daily.

Swiss Banks Focus on Risk as Clients Seek Security, Odier Says

“Risk appetite has become core to the private banking service again,

Wealth and Asset Management