09/19/2014
A KBC spokesperson declined comment, citing confidentiality, but said the bank would make a statement “if there was relevant news.” Antwerp Diamond Bank CEO Pierre De Bosscher and Yinren did not respond to requests for comment.
09/19/2014
The bank will face stiff competition in the UK, both from the private banking units within large High Street institutions, such as Barclays and HSBC, as well as established private banks like Coutts.
09/18/2014
Financial advisory firms who have been focusing on high net worth individuals to maintain profits since the Retail Distribution Review have been branded “short sighted” by Craig Palfrey, partner at Penguin Wealth.
09/17/2014
Switzerland should strike accords with European governments to secure better access for the country’s asset and wealth managers to clients in their major markets, according to the Swiss Bankers Association.
09/16/2014
“Our approach is to work very closely with a few dozen firms, which enables us to provide high quality service and support to those firms that genuinely want a strategic relationship with their DFM,” he explains.
09/16/2014
The research was conducted by the Leadership Factor, the UK’s leading customer survey specialist, and involved a sample of Nedbank Private Wealth’s high net worth private banking clients.
09/16/2014
As a result, the Financial Conduct Authority has concluded that Carron lacks honesty and integrity, fined him £300,000 and banned him from performing any function related to regulated activities in financial services.
09/11/2014
Swiss bank UBS's chairman Axel Weber expects mergers among smaller banks in Europe, mainly in the retail sector, while larger lenders were less likely to join up due to regulatory concerns.