Managers of Wealth Offshore

HSBC restructuring wealth management business in India

HongKong Shanghai Banking Corp is restructuring the consumer banking and wealth management business of its India operations, a top executive told ET.

Bank Sarasin-Alpen only private bank recognized by Arabia CSR awards

Bank Sarasin-Alpen has the honour of being the only private bank to be recognized by the Arabia CSR awards since it was launched five years ago. This is the second year Bank Sarasin-Alpen has been recognised with the prestigious Arabia CSR Awards.

Barclay and Coutts criticise 'bigot' award

Other high profile sponsors of the Stonewall awards include PwC and Google.

Coutts dropped Gulf clients after UK pressure

The FSA found Coutts did not apply robust controls when starting relationships with high-risk customers and did not consistently apply an appropriate level of monitoring.

Standard Chartered profit up

Asia-focused bank Standard Chartered Plc said its operating profit grew by a mid-single digit rate in the first nine months of the year, keeping it on track for a 10th straight year of record earnings.

Monaco Tops First Ultra High Net Worth Wealth Density List

Wealth generated in countries rich in natural resources helped three countries stake their claims with Kuwait, Norway and Brunei taking their places among the top 10.

Swiss private banks feel heat from the east

Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.

The Best Banks In The World Broken Down By Category

For its 2012 list of the World's Best Banks, Global Finance choose winners in 12 categories ranging from best investment bank to best Islamic Financial Institution.

UBS Plans 10000 Job Cuts in Overhaul

Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks

Italy's top bank turns vaults into Milan art museum

Palazzo Beltrami, a superb Milanese building which blends Neoclassical style with eclectic features, was built in 1911 as a prestigious new head office for Banca Commerciale Italiana, now part of domestic bank giant IntesaSanpaolo.

Barclays slashes bankers' pay by up to half as profits fall

Barclays is to cut the salaries of some of its leading investment bankers

Bankers' bonuses to be returned in Spain

The size of the losses, the biggest ever reported by a Spanish bank

Merrill Lynch bankers seek new posts

A scramble for jobs has started ahead of the merger with Julius Baer, which is complicated by sector lay-offs due to the economic climate

Hong Kong’s Property Tycoons Drop $2.3 Billion in Wealth

The city ordered its third set of property curbs in two months after home prices almost doubled over three years to become the world’s most expensive.

Deutsche Bank Beating UBS in Investment Bank Revival Sign

That may help the Frankfurt-based lender boost its share of investment banking revenue among the world’s largest banks for the first time in a year when it reports earnings tomorrow.

Strong investment performance at FCAM

Assets Under Management (“AUM”) of £96.8 billion at 30 September 2012 (30 June 2012: £98.2 billion)

Changing tax rules force private bankers East

Private bankers in the Swiss market are frantically backpedalling

Raymond James 'making progress' on acquisition strategies

Raymond James Financial Inc. is still working on “digesting” Morgan Keegan, its biggest acquisition, but the financial services firm is keeping an eye out for additional deals.

Credit Suisse Said to Start Asset-Management Venture With Qatar

Credit Suisse Group AG and a unit of Qatar Investment Authority, the Persian Gulf emirate’s sovereign-wealth fund, plan to start an asset-management joint venture, three people with knowledge of the matter said.

Deutsche Bank Members of compensation panel announced

As announced in September the panel´s objectives include benchmarking the Bank´s compensation systems against industry best practice and against current and intended regulatory requirements; formulating core principles and minimum standards fo

Wealth and Asset Management