Managers of Wealth Offshore

Brooks Macdonald will operate a restricted model

Brooks Macdonald will operate a restricted asset management business and independent financial planning business once the retail distribution review is implemented, the firm has announced.

Weatherbys launches HNW broker

Roger Weatherby, chief executive of Weatherbys Bank and chairman of Weatherbys Hamilton, said: "We have been looking at ways to expand our insurance business for some time, and the opportunity to form a joint venture with Charles Hamilton is a natura

Deutsche Bank Close to Signing Sale of BHF Unit to RHJI

After signing the deal, RHJ's wealth-management unit Kleinwort Benson, which would ultimately acquire BHF, would file for the approval of Germany's banking watchdog BaFin, the person added.

Shortage of wealth managers for Asia's rich in S'pore, HK

The talent squeeze is so serious that financial firms are having trouble dealing with the clients who come through the door.

ANZ shelves plans for Hong Kong bank buy

ANZ has reportedly walked away from a plan to acquire a Hong Kong bank after a disagreement over price, signalling a strategy shift that is more focused on organic growth.

Shareholders approve Julius Baer share capital creation

The capital increase to be conducted by way of a rights offering (inclusive of pre-emptive subscription rights of the existing shareholders) in the amount of up to CHF 500 million is expected to take place in October 2012, market conditions permitting.

Bankers' Bonuses 9% Lower Last Year

Despite a fall in bonuses paid in the financial sector, they remain markedly higher than in any other area of the economy.

Russia's super-rich Pessimistic on Business Climate, Corruption

UBS analysts highlighted rising corruption in report.

How The Next Generation Of Wealth Is Revolutionizing Philanthropy As We Know It

The next generation’s approach to philanthropy is dramatically different than that of their grandparents and parents.

5 Big Security Risks for HNW Families

As a family’s wealth and fame grow, so does a family’s attractiveness as a target for identity theft, fraud, extortion, robbery and a host of other crimes.

Asia-Pacific shows resiliency in face of global economic challenges

Steady but uneven growth makes Asia-Pacific’s population of High Net Worth Individuals the largest in the world

Time is ripe' for wealth management

A leading financial services expert has highlighted the urgent need for more investment products aimed at the wealthy, as Chinese incomes rise and people look forward to enjoying longer retirements.

Bankers 'motivated by short-term performance'

A survey of top investment bankers has found that "short-term performance" is their priority.

Global growth worries dent Asia business sentiment in Q3: survey

Business sentiment among Asia's top companies fell for the second straight quarter, dragged down by export-orientated economies such as China and Japan, while domestic spending helped boost Southeast Asia's outlook, a Thomson Reuters/INSEAD surv

Handelsbanken's alternative to bonuses falls foul of UK taxman

Most of the Swedish bank's employees benefit from a profit-sharing scheme … apart from those working in the UK

T. Rowe Price expands Swiss private banking and wealth management team

The Swiss market remains a pivotal region for private banking and fund investing and the maturity of the market place is a good match for the quality of T. Rowe Price's products, the firm's general investment capabilities and its client focus.

AXA Wealth launch RDR support for advisers

AXA Wealth has launched FocalPoint, a new online RDR support hub featuring a series of modules designed to help advisers at every stage of their RDR journey.

Western bankers chase good life

Fall-out from the controversy surrounding the London interbank offered rate (Libor) fixing scandal, together with US investigations into alleged money laundering by several banks, including HSBC and Standard Chartered, have left a bitter taste in the mout

Private banks work wonders to lure the super-rich

"There is more to wealth than managing one's assets," said David Hughes, Head of Affinity Partnerships at Barclays, which oversees the Little Book of Wonders.

CEO bonuses tumbled in 2011

The top ASX 100 CEO bonuses fell significantly in 2011 due to more mature conversations on executive pay between boards and investors.

Wealth and Asset Management