03/07/2016
Credit Suisse Group: How to Revamp Wealth Management?
Business Finance News highlights the tough time Credit Suisse’s wealth management department is going through and give recommendation on how to improve situation
Wealth and Asset Management
03/06/2016
Old Mutual planning £9bn carve-up of its business
It has a market value of £8.8bn as of Friday’s close.
03/06/2016
‘Ambitious’ style pays off for new Schroders chief
One top-20 shareholder warned that Mr Dobson, who has run the £313bn asset manager for the past 14 years, risked becoming a “back seat driver”.
03/06/2016
How the Grosvenor property empire spread across the world
Owned by Gerald Grosvenor, the 6th Duke of Westminster and Britain’s wealthiest man, the group has three arms: the property and fund management business; an industrial division made up of food and energy investments; and the family office, comprisin
03/04/2016
What the Kleinwort buy will mean for SocGen
The planned merger follows SGPB Hambros’ buys of Barings’ private client arm and ABN Amro’s private banking division in recent years, which Barnett classifies as bolt-on acquisitions.
03/04/2016
Lombard International Assurance introduces the Wealth Passport
Axel Hörger, CEO Europe, added: “We are excited to launch this solution which, against a backdrop of growing regulatory complexity, is tailored to meet the specific planning needs of US expats and prospective US residents currently in the UK.&
03/04/2016
UBS considers acquisitions to expand wealth management in Europe
UBS, the world's biggest private bank, sees growth potential in Europe because the wealth management market is still very fragmented with the biggest banks rarely holding more than a 7 percent share in a particular country.
03/04/2016
Choice Option Launches One-of-a-Kind Wealth Management Firm
These skills and expertise are some of the mastery that traders at Choice Option will provide for clients as the company prepares to open for business.
03/04/2016
Charles Stanley closes two branches in consolidation push
Duncan Graham, head of the Newbury office, will move over to Charles Stanley’s Oxford office.
03/04/2016
Former Barclays Chief Bob Diamond eyes Barclays Africa assets
Bob Diamond, the forceful former Barclays chief executive, is approaching investors to back a takeover bid for a swath of the UK bank’s African empire that he helped to construct.ccc
03/04/2016
Edmond de Rothschild in Geneva Targeted by French Criminal Probe
The company has no further comment at this time, according to the statement.
03/03/2016
Wealth managers’ push for scale triggers M&A surge
Scorpio reports that M&A activity saw $410bn of assets transferred in 2015, compared with $460bn the year before. However, both figures pale in comparison to the $780bn that changed hands in 2013, generated by 100 deals.
03/03/2016
Vanguard and 7IM to launch D2C platforms
The direct-to-consumer sector is set to take centre stage as Seven Investment Management 7IM and Vanguard Asset Management both enter this space in the coming months.
03/03/2016
UBS CEO: ‘Brexit’ Threat to Globalization Worries Me
“UBS CEO: ‘Brexit’ Threat to Globalization Worries Me” is categorized as “business”.
03/03/2016
UBS’s French Business Faces Inquiry Into Possible Witness Tampering
The judges are in the process of determining whether to send that case to trial.
03/02/2016
Isle of Man: A New Banking Framework
In spring this year the Isle of Man will be introducing a new Alternative Banking Regime (ABR) to complement work on encouraging entrepreneurism and funding for new and expanding businesses.
03/02/2016
Leading Welsh business figures launch new investment fund Inspire Growth Wales to back the FTSE firms of the future
The consortium is being launched today ahead of it sponsoring the Sir Michael Moritz tech start-up award at the ESTnet awards tomorrow.
03/02/2016
Sanne shortlisted for prestigious PLC award
The awards, to be announced in London on 3rd March 2016, recognise success and achievement amongst publicly quoted companies in the UK.
03/02/2016
Bettencourt-Myers family sets up new family office fund
She inherited her father’s stake in 1957 and retains ownership of the fortune, which has been managed by her daughter and two grandsons since 2012.
03/02/2016
Staff engagement puts Nedbank Private Wealth in Top 100
Our company aim is to serve our clients better than any other financial services organisation and we appreciate that employee engagement is crucial to achieving this.