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

Old mutual COMPLETES sale of Old Mutual Wealth italy

Proceeds will be retained for general corporate purposes.

ECB and Investec end sponsorship agreement

Investec, the specialist banking and asset management group, had a break clause in the £40 million contract that it triggered shortly after England's 4-0 series defeat in India before Christmas.

Edmond de Rothschild AM UK retreat sees redundancies

This has resulted in a number of redundancies, including head of UK wholesale Daniel Lee.

7IM predicts US may provide surprise growth kicker

Economic momentum is a tough thing to stop once it gets going

Austrian bank Bawag eyes Allianz private bank OLB

BAWAG declined to comment specifically on OLB, but said its financial position allowed it to grow both organically and via acquisitions.

Boutique investment bank Robey Warshaw sees profits soar

The unnamed highest-paid got £18.2 million.

Close Brothers to issue 150 mln stg of subordinated debt

The group's strong capital position ensures we can support growth and investment while continuing to meet all regulatory requirements.

Rothschild & Co and Compagnie Financière Martin Maurel announce the completion of their merger

The merger will build upon the relationship that has existed between the Rothschild and the Maurel families for three generations.

Big-hearted Ken to give away millions

The foundation has since chosen to support Kids Cancer Charity, formerly the Christian Lewis Trust, in Wales, by paying £50,000 for a specially-adapted caravan that will be used for respite breaks.

farewell (to 2016) - Andrews Gwynne

The departure of so many famous faces in 2016, makes one realise that we all have an expiry date and that Inheritance Tax planning, with an up to date Will and Power of Attorney should be a high priority in the New Year

Wealth Manager Profile: Mattioli's Gibson embraces conviction in Asia Pacific

We wouldn’t describe ourselves as consolidated in any way shape or form

Old Mutual to make 'important' changes to adviser offering

He said Old Mutual Wealth would also be looking at its proposition, with its protection offering already earmarked for an upgrade.

Italian family firms take direct route in quest for better returns

Italy has an impressive collection of family wealth for an economy that has barely grown in 10 years.

Signs that wealthy Chinese investors are looking to diversify their wealth

As 2016 ends, I am looking forward with confidence to the year ahead. In this newsletter, you can read about some of the activity undertaken this year.

ZEDRA Announces the Acquisition of Interconsult

The merger will add value to Interconsult's existing clients through ZEDRA's global business offering and network.

UBS Acquires Key to La Maison

Why make an exception to the rule for such a tiny company?

Italian family firms take direct route in quest for better returns

Italy has an impressive collection of family wealth for an economy that has barely grown in 10 years.

Michelle Mone goes into business with billionaire beau Douglas Barrowman

MMI Global Limited was incorporated last week, with Lady Mone owning 49 per cent of the shares, and Mr Barrowman’s Isle of Man firm Knox Limited owning the other 51 per cent.

Justin Urquhart Stewart's share tip for 2017 and why he backs the banks

He also has his 2017 tip of the year, advice for income seekers and FTSE 100 prediction.

ZEDRA announces the acquisition of Luxembourg corporate trust service firm

The acquisition will increase ZEDRA’s size to nearly 380 staff worldwide.

Wealth and Asset Management