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

Aberdeen Asset Management chief executive Martin Gilbert cashes in

Finance director Bill Rattray, chief investment officer Anne Richards and group head of equities Hugh Young all cashed in.

WMA reissues factsheet due to boiler room concerns

The Wealth Management Association has warned over the increasing risks of boiler room scams following the latest fraud figures.

Mortgages Together to expand into financial planning and wealth management

The expansion coincides with Trevor Pugh’s intention to retire from Mortgages Together, the business which he founded in 2003

DBS Said to Work With Citigroup to Study Possible Coutts Offer

DBS Group Holdings Ltd., Southeast Asia’s largest lender, is working with Citigroup Inc. as it studies a potential bid for the international business of Royal Bank of Scotland Group Plc’s private bank

Wealthcare aims to double in size after £300,000 investment

Its new base at Castlecroft Court, Castlecroft Road, is more than double the size of its former HQ at a business park on the outskirts of Bury

Wealth managers hit by regulatory problems and tough markets

WH Ireland warns on profits as Brewin Dolphin takes a hit from IT problems

London & Capital US family office AUM surges 226%

London & Capital launched its US family office back in 1989, becoming Securities and Exchange Commission (SEC) registered in 2004.

Old Mutual Wealth completes acquisition of Cirilium

Old Mutual Wealth has completed its deal with Henderson Global Investors to acquire a 50 per cent stake of Intrinsic Cirilium.

Thomas Miller completes acquisition of Broadstone

The firm said it forms part of a strategy “to create a leading investment and wealth management business

VP Bank takes over Liechtenstein bank

With its business model featuring similar core areas of competence, target markets and client structures, VP Bank Group is ideally placed to integrate the extra staff deriving from the takeover successfully, and support them professionally in advising the

Jersey private client professionals lead the way in Powerful Women list

36 of Jersey’s most influential women have been named in the Citywealth’s IFC Power Women Top 200 list, which was published last week and features women working in a wide range of areas including government, private wealth, private client advi

Bellpenny pushes £3bn in assets after £300m IFA deal

Bellpenny’s 23rd acquisition will see Unizone’s financial planners and more than 20 support staff join the firm.

Lloyds woos private clients with loyalty rewards

Lloyds Bank has extended its loyalty reward scheme to its wealth management clients.

Barings awarded RQFII status

The asset manager received a quota under the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme.

Coutts launches pilot scheme that enables customers of the bank to video call their advisor

Customers will be able to speak to several advisors from across the Bank simultaneously and also invite other parties such as joint-account holders additional account signatories or even external professionals to join.

Low-cost ‘large mortgage’ service launched

A large mortgage advice service has been launched to counter high arrangement fees for more complex mortgages, Chris Morgan, lead financial adviser at Unusual Risks, has announced.

Saunderson House sponsors the Global Law Summit

It is supported by organisations including The Law Society of England and Wales, The Bar Council, ComBar, Ministry of Justice, TheCityUK and UKTI.

Intesa targets private banking, asset management acquisitions

Italy's leading retail bank Intesa Sanpaolo wants to boost its private banking, asset management and insurance businesses, including through acquisitions

Diamonds are forever

Top reason for borrowing against wedding rocks includes to cover divorce settlement costs

Will foreign firms lead the next M&A wave in wealth management?

There has been no let-up in merger and acquisition activity in UK wealth management in 2014.

Wealth and Asset Management