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

BBC orders wealth doc series

The series will examine why the world’s wealthiest people are more likely to be younger

Wealth managers and stockbrokers see growth

The firm calculated that revenue generated by wealth managers and stockbrokers rose by 4.1 per cent

Newton pInvestment Management puts £3.5bn wealth division up for sale

Newton Investment Management, headed by Helena Morrissey, has put its wealth management division on the auction block.

ABN Amro Increases Equity Allocation, Cuts Cash Holdings

ABN Amro Bank NV’s wealth-management unit is increasing its allocation for stocks and cleaning out cash holdings as it bets on a rally in European and emerging- market equities next year.

Brooks Macdonald launches RDR share classes

Brooks says clear charging structure offers new investors competitive and transparent charging, making our funds an attractive investment option for clients post-RDR.

Weatherbys opts to shut internal investment arm and outsource

The bank said that it remains committed to providing private banking and wealth management services to its clients.

Deutsche Bank Will Merge Swiss Wealth Management Units

The firm said Oct. 30 it will complete the majority of the job reductions, including 562 in asset and wealth management, by the end of this year.

Wealthy homeowners await tax shake-up

On Tuesday the government will publish its draft finance bill, which will include details of the annual charge on corporate vehicles – both UK and overseas – used to buy expensive homes. The annual charge proposal was laid out in March’

Italian families lose 40 percent of their wealth in a decade

The findings show the scale of the challenge facing the country.

HSBC’s Boyles to Keep Current Strategy at Helm of Private Bank

"Private banks are encountering “intense competition, additional costs due to regulation and compliance requirements and margin erosion."

Coutts: Million-pound donations hit five-year high

Living individuals therefore continue to be the most significant source of the largest donations.

Skandia hires wealth management consultants in sales revamp

Skandia is introducing a layer of 'wealth management consultants'

Berry launches 'Performance Tracker'

Berry Asset Management has further enhanced its investor experience, with the introduction of its innovative new Performance Tracker facility.

Mobile millionaires place family and quality of life above business interests - RBC Research

Global mobility shapes investment approach; Cultural ties influence wealth transfer and philanthropy

Coutts launches new accounts and extends international offering

They will also deepen the international client product offering as each of the products is offered in Euro and US Dollar, as well as Sterling.

FSA Warns Banks On Bonus Culture

They were also informed that the bonus cuts should go beyond the required evidence of banks clawing back pay awarded to executives and staff involved in mis-selling.

Entire Wealth Management to launch transactional service

Even low-value clients will still need advice post-RDR, IFA argues.

Saxo Wealth commits to hand back fund commissions

The move applies to both trail and platform commissions received from funds’ annual management charges, and head of Saxo Wealth Karsten Henriksen said the change was ‘literally offering clients an extra return on their investments’.

UBS' new adviser pay rewards cross-selling

UBS Wealth Management Americas released its 2013 compensation plan to its financial advisers on Tuesday, announcing changes that will give them incentives to sell a wider range of products and bring in more revenue.

Brewin Dolphin profits up a third as costs drop

Profit before tax £29.9 million (

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