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

Ashcourt Rowan pre-tax loss narrows

Funds under management fell to £3.8bn from £3.9bn and revenues dropped to £16.1m from £18.4m.

BNP Paribas scoops private banking awards

BNP Paribas Wealth Management carried off two prestigious awards at the 2012 Global Private Banking Awards

South African wealthy buying more property in London than the Swiss, Singaporeans and Saudi's

The report released by global property consultancy Knight Frank LLP, shows that South African buyers outperformed buyers from far wealthier countries such as Germany, Singapore, Saudi Arabia, Switzerland and Canada over the past 3 years.

JP Morgan fund and private bank arms team up for model portfolio launch

The investment house has rolled out the launch ahead of its Adviser Solutions outsourcing tool coming to the market next year.

Brussels in retreat over cap on bankers’ bonuses

The EU has tougher bank pay curbs than guidelines laid out by the Group of 20 but some policymakers are still pushing for more steps to be taken.

Super taxes on the wealthy may destroy Euro recovery

The flip-side is a government subsidises what it wants more of.

Wealth of UK property tycoons breaks £100 billion barrier

The collective wealth of the 250 property players rose by £13.8bn

Leading Swiss private banking group to set up new Italian private bank

new private bank to be set up jointly

Record interim results for Walker Crips

The group benefited from the disposal of Walker Crips Asset Managers, their fund management subsidiary, this April which helped deliver record pre-tax profits of £7.7m.

Wealthy Brits who have declared outright distrust for banks - RESEARCH

It seems that the key for banks to trying to re-establish their customers’ faith and loyalty is to sit down and talk.

'Mansion tax' set to hit Gulf buyers in London

It looks as though the UK government is trying to capitalise on this politically."

Sustainable investment flourishes amongst European high net-worth individuals

The encouraging increase means that there is now some €1.15 trillion invested

Collins Stewart plots regional acquisition to expand UK presence

I have talked to people about regional offices but it’s difficult

Van Lanschot trading update: Q3 2012

The management fees rose slightly compared with the first two quarters of the year

Broker feedback directs Chubb HNW restructure

"During this time the market has changed considerably, with a number of new players entering which has heightened competition for business."

Canaccord Financial Inc. reports second quarter fiscal 2013 results

Generates net income of $5.9 million during the quarter, excluding significant items

Europe’s wealthy warm to sustainable investments

The findings comes from a study by EuroSIF, the European Sustainable Investment Forum, on High Net Worth Individuals and Sustainable Investment, created with the support of Bank Sarasin.

AUM at Schroders still on the rise

Clients continued to put investment funds under the jurisdiction of asset manager Schroders during the third quarter, but the group is seeing a slowdown in Institutional flows.

Vontobel, Raiffeisen at loggerheads over Wegelin unit

Vontobel said on Wednesday the banks had failed to come to an agreement over whether Notenstein Privatbank, which Raiffeisen bought in January, could provide certain services directly to Raiffeisen.

Germany's second biggest lender may cut up to 6,000 jobs

Without naming sources German weekly Die Zeit reported on Wednesday that the job cuts are part of a multi-billion euro cost-cutting programme running until 2016.

Wealth and Asset Management