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

Regulation transforms UK wealth management business

This structural change has meant a fertile market for hiring and winning clients.

RBS confirms it's considering sale of Coutts' international arm

Royal Bank of Scotland (RBS.L) confirmed it was considering selling the international arm of its private bank, a deal one source said could net it as much as $1 billion (£595.76 million), as the British government leans on it to focus more on domest

HSBC chief rejects Barclays Wealth model

Mr Gulliver, who has overseen a significant reduction in the scale of HSBC Private Bank since becoming chief executive of the UK bank in 2011, said that its private banking arm needed to be managed “as a discrete business” in order to retain t

Tougher rules risk starting a City brain drain

Bankers face greater risk for smaller rewards, prompting fears of an exodus of top talent.

Wealth management group expands with acquisition of two new firms

A wealth management fund is expanding after buying two new companies, bringing its total of acquisitions to nine.

Axa Wealth to help advisers through retirement changes

The chief executive for Axa Wealth, said: “The Budget has transformed the way we all plan for retirement, and recast what retirement means to the great majority of the population.

Concerns raised about new St James' Place building in Cirencester

I think it is important to make a statement about it being overbearing in size

Skandia profits jump 400% boosted by WealthSelect flows

The platform was boosted by gross sales of £2.5 billion, up 11% on the £2.3 billion for 2013 which it said was a result of the high demand for its WealthSelect proposition.

Berkshire-based IFA and DFM partner up

The alliance enables Petrus to offer their clients access to two investment propositions: the Bespoke Portfolio Service and the Managed Portfolio Service.

Latest News from Guernsey Finance

Here is a highlights review of recent Guernsey private wealth news and details of our upcoming events.

Dutch banks furious about bonus differences

Dutch bankers are furious that virtually no foreign bank in the Netherlands will have to comply with strict new limits on bonuses due to come into effect on January 1 2015.

Standard Chartered faces new US fine as profits fall 20pc

Chairman Sir John Peace promises 'assertive action' to address decline as US watchdog identifies issues in its surveillance system

Wealth managers de-risking on fear of correction

Could cash reign again?

Wealth management division changes hands

The firm has purchased the company for an undisclosed sum

HSBC Bank Malta reports Half-Yearly Results

HSBC Bank Malta p.l.c. reported a profit before tax of ?40m for the six months ended 30 June 2014

SEB Wealth invests pension funds in Baltic private equity

SEB Wealth Management has committed €16.4m from 10 of its pension funds in Estonia, Latvia and Lithuania to investment in small and medium-sized enterprises in the Baltic region via the BaltCap Private Equity Fund II

Wells Fargo Asset Management’s US Equity Team Wins Nine Lipper Fund Awards

Wells Fargo Asset Management has announced that it has won 11 Lipper Fund Awards for 2014, including seven awards in Europe and four awards in Asia.

Suitability Standards and the World of Wealth Management

Recently, a UK wealth manager announced a suitability-related review of historic account records.

AXA Wealth Sipp sales soar as platform assets rise 30%

AXA Wealth’s overall funds under management grew by 10% from £24.3 billion to £26.7 billion over the first six months of the year.

Skandia confirms September deadline for Old Mutual rebrand

Under the rebrand, the popular adviser platform Skandia Investment Solutions will not be replaced by an alternative brand name.

Wealth and Asset Management