Managers of Wealth Offshore

HSBC Private Bank to Slash 32 Jobs in Lux

Trade unions and staff delegations have negotiated a social plan including measures to support employees with a view to professional reclassification, and financial compensation.

Intertrust acquires technology firm

Viteos is a tech-enabled alternative funds industry leader providing end-to-end middle and back office administration for top tier hedge funds, private equity, real estate, private debt and other alternative asset managers.

Opportunities for Private Clients in the British Virgin Islands

This can be a complex and time-consuming process, typically involving a substantial degree of correspondence between those involved, as well as potential translations of key documents, together with accompanying affidavits and an affidavit of foreign law.

Kleinwort Hambros Wins ‘Outstanding Private Bank – UK Crown Dependencies’ PBI Award

Winners are chosen by a rigorous selection process before being appointed by an independent judging panel.

ZEDRA Shortlisted for Digital Brand of the Year – Citywealth Brand Management & Reputation Awards 2019

Citywealth’s Brand Management & Reputations Awards recognise the branding and public relations efforts of some of the premier companies in the financial services industry over the last 12 months.

SMP Group Completes MBO

The deal has been backed by Palatine Private Equity LLP, a UK mid-market private equity house, with additional debt funding from Apera Asset Management.

Crestbridge family office services duo named in list of rising stars

Danielle Cottignies, Manager, for the second year running, and Daniel Cavey, Assistant Manager in the Family Office Services team in Jersey were both recognised in the list.

Crestbridge sets up Luxembourg ManCo in London

The branch adds to Crestbridge’s already established Management company, FCA regulatory and UK AIFM services.

Why are high net worth investors turning to fund structures?

Typically funds are set up in Cayman, Jersey, Guernsey, Luxembourg or Dublin, although US resident investors may invest in US structures.

Zedra acquires Nordic business

The acquisition is subject to local regulatory approval. Interben’s existing staff will all join the ZEDRA Guernsey office.

Swiss Banking's $1.5 Billion Question

As the bigger question of Switzerland's overall relationship with the EU comes into focus, the banking lobby renewed its calls in a position paper on Wednesday: in short, market access in the bloc isn't simply a «nice to have» access

Appleby Champions Workplace Diversity And Boardroom Representation With Its Female Leaders Network

The network brings together a group of senior women in business, to meet on a regular basis to discuss a variety of topics including how to develop talented women within an organisation.

Guernsey enhances its offer in the family office space

A Private Trust Company acts as a trustee to a specific trust or group of connected trusts, often for one family.

Mauritius to grant umbrella licence to wealth management providers

We have prepared a summary of key measures governing the Mauritius budget 2019-2020 for your perusal.

Butterfield celebrates one-year anniversary in Jersey

At the Group level—and locally in Jersey—Butterfield is committed to supporting organisations and initiatives that focus on protecting and improving island environments.

How Wealthy Have Our Super Wealthy Become?

We now have some new clues, thanks to the tax-evasion records whistleblowers have been so generously sharing.

Africa: New Frontier For Private Banking

A rising entrepreneurial class is fueling the growth of African private banking, and competition is heating up.

Two at Alex Picot named in the 2019 Top Channel Islands 35 Under 35

“Chris and Hannah are both key members of the leadership team at Alex Picot Trust Company and this is well-deserved recognition for their professionalism.

Three Zurich WMs join forces to launch new firm

The three founders are open to other wealth management firms joining Fred Financial Data, according to the statement.

Utmost expands into the Middle East with Dubai licence

The Isle of Man-based company is now the second largest cross-border provider of unit-linked wealth management solutions in Europe, having doubled assets under management to €24bn over the last year.

Wealth and Asset Management