02/14/2014
Private Banks Offering Best Family Office Services Announced
As private banks increasingly court the lucrative family office market, a peer-reviewed survey has ranked UBS the top provider for the lucrative customer segment.
02/14/2014
Lombard Odier rolls out multi-strategy funds for private clients
Monier says: “Traditional approaches can over-expose investors to equity risk and may not be dynamic enough to cope with today’s markets. By balancing risk with a diversified approach, we aim to keep clients’ portfolios balanced and not
02/14/2014
Barclays Wealth team moves into new offices
"We are well placed to advise across a wide range of circumstances: from entrepreneurs looking to take the next step with their business or families seeking support on inheritance and succession planning."
02/13/2014
StanChart set to sell Swiss private bank
Standard Chartered is looking to sell its Swiss private bank as part of its plan to get rid of several non-core businesses as it sharpens its focus on Asia, Africa and the Middle East.
02/13/2014
BNP Paribas profit hit by US sanctions probe
BNP Paribas, France's No. 1 listed bank, reported a 76 per cent drop in quarterly profits on Thursday after booking a US$1.1 billion litigation provision in case it faces fines for breach of U.S. sanctions.
02/13/2014
The approach, which has been quietly in the works since before Christmas, could trigger a bidding war for Nama’s NI property portfolio among a select number of the world’s largest property funds.
02/13/2014
The change in name follows the confirmation of the sale of the Franco-Belgian bank’s asset management unit to New York Met Life Investments earlier this month.
02/13/2014
This will see it focus on bonds with a credit quality of BBB- to AAA, while also having the ability to allocate 10% of its assets to high yield and non-rated bonds.
02/12/2014
TSB, the UK retail bank preparing for a spin-out from Lloyds Banking Group, has hired Rothschild as an independent adviser ahead of a spring IPO.
02/12/2014
Inflexion’s investment will enable Succession to continue building the UK’s largest independent wealth management business through further acquisitions.
02/12/2014
Shares of Société Générale, which have gained about 40 percent over the last 12 months, rose more than 4 percent in Paris trading on Wednesday morning.
02/11/2014
Barclays Plc posted a full-year profit that missed analysts’ estimates. Chief Executive Officer Antony Jenkins’s complete makeover of Britain’s second-biggest bank was impaired by litigation and compensation charges.
02/11/2014
Archytas to serve clients across the UK from Cardiff base until new offices can be opened.
02/11/2014
RBC Wealth Management has been recognised as having the ‘Best Private Banking Services Overall’ in Jersey, and number one in 13 further categories, by Euromoney, a global banking publication.
02/11/2014
Nigel Marsh to run boutique’s first retail bond fund after joining European Wealth in 2012.
02/11/2014
Walker Crips Group is continuing to pursue its growth agenda after a successful last quarter of 2013, with assets under management jumping by 33% over the year.
02/11/2014
Bank says redundancies would include 820 senior managers as part of what the lender described as a "streamlining" programme
02/11/2014
BNP Paribas Wealth Management today publishes the second edition of its Individual Philanthropy Index, which measures and reflects the commitment of philanthropists in four regions – Europe, Asia, the Middle East and for the first time, the United
02/10/2014
Xcap rebrands to reflect the name of its wealth management division
‘This name change is part of the repositioning strategy adopted by the board last year and reflects the significant changes that have been made to the business over the past 12 months.
02/10/2014
Swiss equity specialist Urs Beck has joined EFG Asset Management to oversee the launch of a dedicated fund focused on the country’s domestic equity market.