Managers of Wealth Offshore

Credit Suisse seeking private banking deals

Credit Suisse has otherwise been relatively quiet on the private banking deal front.

Finma’s Branson Sees Swiss Private Bank Mergers

Switzerland will probably end up with fewer small banks as rules become stricter about accepting new funds and checking clients’ tax compliance, the newspaper cited Branson as saying.

New Sebi rules for pooled investments meant for HNIs

As an HNI you may search for unique investment opportunities through structures, hedge funds or specific private equity (PE) funds. The new regulations mean that you can take that extra risk knowing that there is a framework that guides the manager and a

Sulaiman Al-Rajhi’s life a rags to riches story

Al-Rajhi is a billionaire who chose last year to become a poor man at his own will without having any cash or real estates or stocks that he owned earlier.

Latest UBS move seen as sign Americas unit won't be sold

Although the move itself isn't earth-shattering news, the action represents yet another signal that the bank has no intention of selling its U.S. operation, according to Alois Pirker, research director for consultant Aite Group LLC.

Credit Suisse Completes Acquisition of HSBC's Private Banking Business in Japan

This acquisition enables Credit Suisse to further scale and enhance its wealth management capabilities in Japan and clients will be able to benefit from the expanded coverage provided through additional offices in Osaka and Nagoya.

China's first self-regulating fund association inaugurated

"It is urgent for China to establish a strong wealth management industry and the founding of the fund association is at the right time," said Guo.

Middle East wealth switching to Singapore

Europe has been the place where rich Middle Easterners have traditionally stored wealth, but their focus is shifting east, with Singapore a particular beneficiary, agreed a panel of wealth managers.

Adviser comparison site launches with IFP and Nucleus backing

VouchedFor.co.uk, today launches its new financial adviser comparison site in conjunction with several founding partners – Institute of Financial Planning, FundsNetwork, Nucleus and Voyant – who will support in rapidly establishing VouchedFor

India can be looked at as favorable destination by wealth management firms: report

The rapidly growing base of high net worth individuals (HNWI) in India is expected to provide attractive investment opportunities for wealth management firms, according a new report from BRICDATA.

Worried Swiss bankers get own advice hotline

The Swiss Bank Employees Association SBPV says it has set up a hotline to counsel bankers who fear they could be targeted because of their clients' tax evasion.

Can Credit Suisse solve its chronic cost problem?

Mack inherited an investment bank with the highest cost-income ratio on Wall Street (it actually made a loss of $1bn in 2001), the highest compensation ratio, and a cost base that was effectively 80% fixed through guaranteed bonuses.

"Safe-haven" investments may no longer be valid, say experts

Investors should rethink how they should invest in current volatile markets.

Wealth can be a double-edged sword according to Wealth Insights research from Barclays

The survey of 2000 high net worth individuals globally looked at a number of issues relating to succession planning including whether wealth leads to family conflict and the question of whether parents around the world trust their children to protect thei

Wealth and Asset Management