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.
02/07/2014
Societe Generale Private Banking named “best private bank in Europe for structured products” for the 10th consecutive year
Societe Generale Private Banking has been named "Best Private Bank in Western Europe for Structured Products" by Euromoney* magazine for the 10th year running.
02/07/2014
Global players reinforce leadership in wealth management as costs rise - Euromoney Research
Higher regulatory costs and lower margins have played into the hands of the global private banks that have been able to weather the storm better than their smaller peers.
02/06/2014
Legal costs hold back Credit Suisse profits
Profits at Swiss bank Credit Suisse have been held back by the cost of fighting legal battles with the US.
02/06/2014
Wealth managers know they have to provide more to clients than a safe place to deposit money and a close relationship with families and individuals.
02/05/2014
Many ultra-high net worth families are art lovers, own collections or actively buy and sell in the art market.
02/05/2014
Hargreaves Lansdown reaps new customers from Royal Mail IPO
In a trading statement on Wednesday, the company said 77,000 new clients signed up to its investment services, of whom 27,000 joined to invest in the postal service.
02/05/2014
The BNP Paribas Rescue & Recover Fund marks its first anniversary. The Fund's founding members and partner NGOs are delighted at what has been achieved: a total of over EUR 750,000 collected and donated to date.
02/05/2014
This is the first of four papers that will be released during the year, each analysing a phase of the wealth management customer journey.
02/05/2014
Close Brothers Asset Management has announced its new pricing for self-directed private clients using its platform. This will be implemented from 10th March 2014, and clients have been notified.
02/04/2014
Investec joins FEIFA programme
Investec Asset Management has joined FEIFA’s partnership programme‚ bringing the number of companies on the programme to more than 50.
02/04/2014
Barclays chief Antony Jenkins turns down bonus but gets £4m in shares
Jenkins waives annual bonus for 2013 – as he did in 2012 – but stands to receive deferred bonus of 1.9m shares next month
02/04/2014
Exeter wealth manager targets aggressive adviser expansion
Hawksmoor Investment Management is targeting an aggressive expansion into the financial adviser arena with its redesigned bespoke discretionary management service.
02/04/2014
Societe Generale is radically developing its private banking relationship model in France and extending its offer to a larger number of clients.
02/04/2014
Charles Stanley Direct is to waive fees for six months on new investments of £500,000 or more.
02/03/2014
Asian ultra-high net worth individuals flock to invest in Monaco
Asia owns 24% of the total world private wealth with nearly one third of it held in real estate, mostly in international properties. With rising profits, Asian high net worth individuals (HNWI) have developed an appetite for trophy homes in Monaco.
02/03/2014
A number of well-known wealthy individuals have taken proceedings against IBRC Assurance in relation to badly performing investments.
02/03/2014
Europe’s largest bank Said to Plan Sale of Swiss Private Banking Assets
The bank has attracted scrutiny from governments over its operations in low-tax jurisdiction