10/29/2013
UniCredit CEE Private Banking inks deal with Morningstar
UniCredit CEE Private Banking has entered into an agreement with the investment research firm Morningstar to help support the financial education provided to the bank's clients.
Wealth and Asset Management
10/28/2013
UBS profit beats forecasts, sees more litigation charges
UBS’s third-quarter adjusted¹ profit before tax of CHF 484 million achieved in a challenging environment
10/28/2013
Why this wealth manager is sticking with emerging markets
The data appears to show we have averted catastrophe, leading to a rally in the markets before year-end.
10/27/2013
The Future of Private Banking
Adapting to new client and regulatory expectations: industry leaders explore strategies for success
10/27/2013
Baird takes over wealth management consultant
They provide a range of consulting services and employs nearly 100 consultants in Luxembourg, New York and Paris
10/27/2013
Psigma Investment Management announces completion of acquisition of Axa Framlington's private client business
Psigma Investment Management today announces the completion of the acquisition of AXA Framlington’s private client business.
10/26/2013
Belgium claims millions in tax over Swiss accounts
Belgian tax inspectors are claiming more than 367 million euros in taxes from wealthy Belgians who kept accounts with HSBC Private Bank in Switzerlan
10/23/2013
St James's Place FuM up 20% since start of year
Continued strong momentum with record funds under management of £41.8 billion
10/23/2013
Wealth bonanza: the Rathbones & Brooks Macdonald bargains
A major factor behind this performance is rising markets, which have boosted sentiment across the sector given these firms' earnings capacity in intrinsically linked to equities.
10/23/2013
Skandia scraps adviser stake plans but may look to own distribution
Skandia has scrapped plans to purchase minority stakes in advice firms but could consider buying a large adviser or building a distribution arm from scratch.
10/23/2013
Thesis launches private client service for lawyers and advisers
It means the financial planner becomes integral to the private client service of the lawyer
10/22/2013
Berry signs up for ‘SUGGESTUS’
Berry Asset Management confirmed today that it has signed up for the Asset Risk Consultants‘Suggestus’ service, and become one of a select band of wealth managers to receive the ARC ‘Approved Due Diligence Kitemark’.
10/22/2013
Generali looking at alternatives to Swiss private banking business sale
The sale of BSI, which has an estimated book value of 2.3 billion Swiss franc
10/22/2013
Europe set to allow banker bonuses up to 250% of salary
European bankers could be paid bonuses of up to 250 per cent of their fixed pay under a slight relaxation of tough new pay rules due to come in next year
10/22/2013
ABN AMRO to Close its Office in Botswana
ABN AMRO Bank N.V. will close its office in Botswana, which currently includes a team of four employees from the bank's international diamond and jewelry group
10/21/2013
GAM Holding Says Managed Assets Little Changed on Weaker Dollar
GAM said it has integrated a number of teams at both group level and at Swiss & Global Asset Management
10/21/2013
Bellpenny Rolls Out Voyant Tools for Its Advisers
Newcomer Bellpenny is rolling out new software for its professional advisers and wealth managers to help them conduct lifetime cash flow planning.
10/21/2013
Pershing: wealth managers must review pricing structures
Pershing has urged wealth managers to review their price structures, after research found that fewer than 20% of firms use the cost of providing services as the foundation for determining price.
10/20/2013
BNP Paribas Wealth Management awarded “Outstanding Private Bank in Europe in 2013”
This award adds to BNP Paribas Wealth Management's prestigious industry recognitions
10/20/2013
Cheviot Assets surged ahead of Quilter deal
Cheviot Asset Management went into its merger with Quilter on the back of strong asset growth but declining profits.