- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Millionaire ministers: Combined wealth of Cabinet is more than £70m

The new Cabinet “rich list” shows more than two thirds of the Cabinet – 18 out of 29 ministers – are millionaires.

BNP Paribas named best private bank in Hong Kong

The accolade recognises the French bank’s capabilities in serving clients’ needs, as well as its established offering for Ultra High Net Worth customers.

Personal touch for HSBC's rich clients

A customer willing to invest US$1 million (Dh3.6m) will be able to call on the discretionary portfolio manager as HSBC tries to increase its quality of service and improve its retail brand image in the Gulf.

Curmi & Partners, Morgan Stanley explore wealth management opportunities in Malta

Curmi & Partners is one of the longest established wealth managers in Malta. Established in 1978, today it provides investment solutions to its array of institutional and private clients focusing on equity, fixed income and fund solutions.

Sanlam acquires client bank of Middlesex IFA

The acquisition brings £52m of funds under influence to Sanlam Private Wealth, which now has over £550m of funds under influence.

Young professionals attracted by the bright lights of south west London

London’s young professionals need to pay 40% premium to live in most desirable locations

Multi-manager firm boosts investment team with senior manager hire

He has previously worked at Goldman Sachs and most recently Société Générale, spending 11 years in derivatives and equity research for investment banks.

Economic Crisis Brings Insecurity to Wealthy Greeks

An extensive report by The New York Times focuses on the Greek tycoons and their stance towards the economic crisis plaguing Greece and the political uncertainty giving them a headache lately.

UK remains top choice for wealthy expats

The number of high net worth investors being issued investor visas to stay in the UK rocked over seven-fold

New Walker Crips CIO plans model portfolio launch

The ex-BNP Paribas wealth management head said the new service would be unveiled later this year in a bid to shine a light on the ‘hidden gem’ of Walker Crips’ investment business.

Brewin Dolphin to close Dumfries office

A source said the move was part of a wider strategy aimed at concentrating Brewin’s efforts on city centres

BNP confirms renews partnership with the French Tennis Federation

In 1973, the Banque Nationale de Paris became the major sponsor of Roland-Garros (French Open tennis tournament) which is today one of the world's largest sporting events.

Executive Pay Back Under Spotlight At HSBC

Executive pay will again come under the spotlight today as shareholders of HSBC (HBC) become the latest group of investors to vote on banking remuneration, as the so-called "shareholder spring" of pay revolts continues apace.

Wealthy Russians flocking to London on investor visas

The number of investor visas granted increased from just 43 in 2008 to 320 last year and among the biggest growth is in the number of Russians seeking entry through this route.

Chelsea branch of wealth management firm Killik & Co reopens

Killik & Co has reopened its Chelsea branch at 45 Cadogan Street following extensive refurbishment, providing greater scope for its enlarged team of six to cater for its growing client base within the community.

French bankers miss a left turn and head to UK

Le Grand Depart has started early. High-earning Parisians who normally escape the French capital for the month of August have already crossed the Channel.

Barclays to launch structured products platform

Barclays is launching its online pricing and execution platform ‘Comet’ into the UK market, to allow wealth managers to transact their structured products business more efficiently.

Mondiale launches UK wealth management service

Included in the proposition is a multi-asset guaranteed capital investment vehicle that has proved hugely popular on the Continent, attracting some €36bn.

UBS will merge wealth mgmt, investment Offices - HZ says

Ulrich Hoffmann, currently head of operations in the wealth management unit, will lead the combined department, which will have 7,000 workers, the Swiss newspaper reported in a pre- release of an article to be published tomorrow.

Benjamin de Rothschild Sees French Wealth ‘Exodus,’ Bilan Says

Should France introduce an income tax based on nationality, de Rothschild said he would probably give up his French citizenship, Bilan reported in an interview to be published in tomorrow’s edition of the magazine.

Wealth and Asset Management