05/18/2013
Adam & Co sees profits double as costs reduce
Economic conditions will remain challenging for private banks
Wealth and Asset Management
05/16/2013
ABN AMRO Private Banking recognised at Wealth Briefing Awards
The inaugural awards of Wealth Briefing aims to recognise best practise within the wealth management industry.
05/16/2013
ABN AMRO cuts 400 jobs as prepares for eventual sale
State-owned Dutch bank ABN AMRO is to cut 400 jobs, about 2 percent of its workforce, as it prepares for an eventual sale.
05/16/2013
Saunderson House gains 43 clients in three months
This represents a slight increase to the company’s client bank
05/15/2013
Societe Generale Private Banking and Campden Wealth announce "Campden European Families in Business Awards 2013" shortlist
The Awards highlight family businesses and leaders who have a remarkable history and have in common that they are drivers of economic growth in Europe.
05/15/2013
Coutts & RBS announce their support of Accelerate 2013
Major banks back Britain's world-beating businesses
05/15/2013
IFA firm buys two adviser client banks
The firm says it is on the lookout for more acquisitions
05/14/2013
Stockbroker rebrands by taking the name of parent company
An additional 10 London-based Investec staff will join the Irish operation to strengthen its corporate lending operation here.
05/14/2013
BNP Paribas Launches the BNP Paribas Individual Philanthropy Index
BNP Paribas has launched a first of its kind Individual Philanthropy Index which measures and reflects the commitment of individual philanthropists from Europe, Asia and the Middle East.
05/14/2013
HSBC May Sell Monaco Operations
HSBC Private Banking Holdings (Suisse) SA is conducting a review of HSBC Private Bank (Monaco) SA, as part of HSBC Group's strategic five-filter review.
05/14/2013
HSBC Signals 14,000 Jobs Cuts in $3 Billion Savings Plan
The bank expects to reduce the number of employees
05/14/2013
London & Capital launch Private Investment Office
Independently-owned discretionary wealth manager, London & Capital, has underlined its growing presence in the Ultra High Net Worth market, announcing today the launch of the London & Capital Private Investment Office.
05/14/2013
Blue-blooded Swiss banks bid for UK retail business
Swiss bank is changing the direction of its $11bn asset management business by expanding its presence in the UK wholesale market, necessitating high-profile appointments
05/13/2013
Dutch bank Van Lanschot to cut 250 jobs in reorganisation
Strategic choice for activities that preserve and create client wealth; Van Lanschot welcomes starters building wealth and deepens online offering
05/13/2013
Rathbones upbeat as assets jump 12 percent
Boosted by buoyant financial markets and recent takeover activity
05/13/2013
Citigroup Seeks the Wealth of the World
The recent turnaround in Citigroup's fortunes is great news for investors, as new management helps guide the bank to a more profitable future. Some of the bank's more lucrative sections, however, have been growing for some time, after being put
05/13/2013
Vestra Wealth plans to exploit FATCA opportunity with Vestra US
The new company is aimed specifically at clients that face the complex regulatory and tax issues
05/13/2013
Lord Rothschild's RIT Capital makes history after passing £2bn mark
Lord Jacob Rothschild's investment company RIT Capital Partners has seen its assets exceed the £2 billion mark for the first time in its history.
05/12/2013
HSBC puts a slice of private bank up for sale
HSBC has put part of its global private bank up for sale. It has reclassified assets as non-core, which reduced revenues and pushed the operation into the red in the first three months of this year.
05/12/2013
Deutsche Bank merger creates biggest family office in Germany
In its latest step to restructuring it asset management business, Germany's flagship bank is bringing its family offices under one roof