06/21/2012
At regional level, ABN AMRO is ranked favourably by high net worth clients. It is among Top 5 Best Global Private Banks in Asia, for the US$5.01 million - US$25 million AUM category, and among the Top 10 Best Global Private Banks in Asia, for both AUM ca
06/21/2012
Three commercial segments in the state-owned "Latvian Mortgage and Land Bank" have been acquired by Swedbank,
06/20/2012
Executives who oversaw trust officers and private-client advisers at the firm’s U.S. Trust unit were dismissed this month amid a companywide review of expenses (BAC) at the Charlotte, North Carolina-based bank, said the people, who requested anonymi
06/20/2012
Hong Kong had leapfrogged Singapore in 2010 after falling behind in 2008.
06/20/2012
According to US asset managers Madison Dearborn and Hellman & Friedman have expressed an interest. Dearborn declined to comment. Hellman and Clayton failed to provide a response.
06/20/2012
Financial planning-led IFAs will pose serious competition to traditional wealth management firms that have been slow to adapt to regulatory change, a report from KPMG has claimed. Financial planning-led IFAs will pose serious competition to traditional we
06/20/2012
Deutsche Bank AG and Guggenheim Partners have ended negotiations on the potential sale of RREEF, the German bank's global alternative asset management business, after failing to agree on terms, Deutsche Bank said on Wednesday. Deutsche Bank AG and Gu
06/20/2012
RBC Wealth Management’s British Isles Trust and Fiduciary Services business has been named on Private Client Practitioner’s list of the Top 25 Trust Companies for the second successive year.
06/20/2012
Swiss private bank axes 100 jobs
Switzerland's $2.1 trillion wealth management sector has been consolidating since the financial crisis, as an increase in costs and regulation coupled with lower asset values and pressure on margins force some institutions to trim staff costs.
06/20/2012
Leading private bank launches philanthropy consultancy
Dame Stephanie Shirley OBE, a British businesswoman, and Haldun Taşman, a Turkish businessman and the founder of the Turkish Philanthropy Foundation (TÜSEV) were also in attendance.
06/20/2012
Thailand's largest securities firm set to focus on wealth management
The brokerage has about 80,000 accounts, of which 50,000 are actively traded.
06/20/2012
MWM scores well on both these counts. It gives you an overview of your account that groups holdings according to the broad asset class they fall into – shares, bonds, funds, ETFs structured products and cash – and it also illustrates how your
06/20/2012
income earners gathered for a private fashion show at the Plaza Hotel in Midtown Manhattan for the latest line from designer Douglas Hannant.
06/20/2012
Assets under management rose to £1.5bn at 31 March - up from £1.3bn last time.
06/19/2012
Financial planning-led IFAs will pose serious competition to traditional wealth management firms that have been slow to adapt to regulatory change, a report from KPMG has claimed.
06/19/2012
A Sarasin spokeswoman says Barki has taken early retirement for family reasons.
06/19/2012
Earlier this month the FSA published its final guidance on independent and restricted advice under the RDR.
06/19/2012
Speaking at the event was Sir Ronald Cohen, Chairman of Big Society Capital, Britain's first social investment bank. Sir Ronald was joined by Faisel Rahman, Managing Director of the social business Fair Finance and James Perry, CEO of Panaphur, a fam
06/19/2012
Swiss asset manager Pictet Asset Management (PAM) is expanding its Asian business as part of its bid to strengthen its presence within the region, driven by recent significant acquisitions in Hong Kong, South Korea and Taiwan.
06/19/2012
Global high net worth population increased slightly in 2011, their investable wealth declined.