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

Williams de Broë CEO steps down

He had served at Williams de Broe since 2010 and had overseen the acquisition of the wealth management business' parent Evolution Group by Investec last year.

Shareholders have executive pay in their sights

Is the current wave of FTSE 100 shareholder revolts evidence of a wider shift in investors' attitudes to high pay?

AXA : pursues commitment to cultural philanthropy

On the 3rd of May, French Minister for Culture and Communication Frédéric Mitterrand announced the acquisition by the French State, for the Louvre Museum, of the Pietà with Saint John and Two Angels attributed to Jean Malouel, thanks

German wealth managers to ‘outgrow the Swiss’

German listed wealth managers have better growth prospects in their home market than equivalent companies in Switzerland, long considered the heart of Europe’s private banking industry, new research shows.

Executives hit back at 'rewards for failure' claims

The growing revolt over executive pay is threatening to engulf a string of major companies over the coming weeks, including William Hill, Standard Chartered, Unilever and WPP.

Aviva chairman aims to repair damage after remuneration report rebellion

John McFarlane, who officially becomes chairman next month, must decide whether to retain chief executive Andrew Moss

Coutts undergoes major restructure for RDR

‘Reshaping of the UK business progressed to the next phase with the restructure of key professionals in client servicing,' RBS said.

Swiss private bank appoints new head for unit advising US clients

He joins from ABN Amro, where he headed up the research unit for the Asia-Pacific region, and its investment advisory activities.

Schroders posts Q1 net inflows, rising AUM

Blue chip investment manager Schroders reported first-quarter profits slightly above expectations as net flows from institutional investors buoyed assets under management.

St James's Place hits record £31bn in funds ‎

St James’s Place has reported a 9 per cent increase in funds under management for the first three months of the year from £28.5bn to £31bn.

Capgemini and RBC Wealth Management to Partner on Leading Annual World Wealth Reports

This new partnership, which also includes the annual Asia-Pacific Wealth Report, combines the strengths of both firms to examine the key drivers of wealth creation and the global trends impacting high net worth individuals (HNWIs).

Brown Shipley in triple hire for south Asian service launch

Brown Shipley has launched a private banking service catering exclusively for South Asian customers living in the UK and abroad.

Barclays won’t let pay row deflect it from broader goal

Some say the bank will bottle it as costs get out of control; others say that franchises have already been built up so solidly by rivals that it is virtually impossible to break in.

UBS Wealth Management pre-tax profit up 70%

Net new money inflows in the wealth management businesses more than doubled to CHF 10.9 billion.

Standard Chartered posts high single-digit Q1 income growth

Standard Chartered said on Wednesday its first-quarter income grew less than its previous 10 per cent target, as the strength of the US dollar against Asian currencies impacted income growth.

Wealth tax could cause exodus from France to London

It is less than a week to go until the election, and one of Hollande’s proposals is more tax on annual incomes over one million euros.

Kingswalk acquires equity stake in private wealth firm

Kingswalk is a specialist investment company with interests in a wide range of companies including those in the wealth management, property and support services sectors.

ABN AMRO Completes Acquisition Of Parts Of RBS Netherlands

ABN AMRO Bank NV said Tuesday it has completed the acquisition of parts of Royal Bank of Scotland Group PLC's businesses in The Netherlands.

European Wealth launches fixed interest service

The service, which is aimed at private clients and institutions such as those in the public sector including health, education and financial service companies such as building societies, will provide liquidity and treasury management services to generate

Wealth tax could cause exodus from France to London

It is less than a week to go until the election, and one of Hollande’s proposals is more tax on annual incomes over one million euros.

Wealth and Asset Management