11/28/2013

UBS shrinks advisory team for rich in emerging markets

The move comes one year after Chief Executive Sergio Ermotti said UBS would let go 10,000 staff and eventually derive profits almost solely from its private banking unit, which caters to the financial needs of the wealthy.

11/28/2013

Brown Shipley private banking head steps down

The duo remain at the bank but have stepped back from their positions to concentrate on running private client portfolios. The bank declined to disclose the reasons behind the move.

11/27/2013

Vanguard Launches Adviser Value Index

A novel means of measuring and monitoring over time the value advisers deliver to their clients has been launched by Vanguard Asset Management.

11/27/2013

Deutsche aims for mega-rich in UK private bank revamp

Deutsche Bank has refocused its UK wealth management business on the brutally competitive market catering to ultra-rich foreigners with plans to sell its loss-making Liverpool-based unit targeting the "mass affluent".

11/26/2013

Wealth-X Announces Digital News Publication And Editorial Team

This unique publication will provide daily analysis on the fluctuations of the assets of the ultra wealthy by tracking initial public offerings, mergers and acquisitions, inheritance and succession, divorce and marriage, property sales and other large liq