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

‘Different’ Towry plans to expand investment offering

Towry has outlined plans to expand its investment proposition following its acquisition of financial planning and discretionary firm Ashcourt Rowan.

15th Berenberg Polo Derby: Hamburg polo highlight celebrates anniversary

It is the year of anniversaries in the Berenberg world. In 2015, not only is Germany’s oldest private bank celebrating its 425th birthday, the Berenberg Polo Derby is also being staged from the 15th time.

Seventh employee fired at ABN Amro Dubai

Dutch state-owned bank ABN Amro has fired a seventh employee at its Dubai private banking desk following an internal probe into irregularities.

Veritas’ Rosenfelder on life after restructure

Veritas Asset Management’s co-founder Anthony Rosenfelder says assets under management have more than trebled while staff headcount has more than doubled since he was a Wealth Manager cover star in May 2009.

Why Augmentation NOT Automation will Triumph as Robo-Advisors Evelove

In 1997, an IBM computer named Deep Blue took on chess grandmaster Garry Kasparov and won. It was hailed as a major victory in the machine vs. man battle for supremacy.

Summer in Europe, particularly in London, has long been attractive to Emiratis with means.

This means Europe now has reciprocal visa arrangements with the UAE

What marketers can learn from private banking and the Daddos

The only thing we did have in common is our lack of the need of anything approaching a private bank.

Caledonia Investments To Acquire Seven Investment Management

Seven Investment Management is currently owned by Allied Zurich Holdings Ltd and Aegon UK through 7IM Holdings Ltd.

Through A Glass Darkly - The future of the Bull Market by Justin Urquhart Stewart

The phrase "Through A Glass Darkly" is often used to imply the lack of definition in seeing any specific object, thought or concept, either now or in the future.

Rothschild back with Bouygues as Altice circles

Rothschild could be in line for its first €10 billion-plus M&A win of the year in Europe

Do wealth managers have a tight enough grip on costs?

Running a wealth business today clearly is not cheap – but have firms got a suitable grip on cost?

Rothschild, Canaccord among top performers

Wealth managers may have struggled to generate alpha in 2014, but rising markets and low inflation meant they were comfortably able to generate positive returns for their clients.

UK wealth management firm buys IFA for £7m; raises £19m for more deals

The share placing comes as the Leicester company agreed a deal to buy an employee benefits and wealth management business based in Buckingham.

Swiss bank UBP to take on between 60-70 percent of Coutts' client money - CEO

The acquisition of Coutts International will add around 30 billion Swiss francs

FCA Approval for Maitland’s Acquisition of Phoenix Fund Services

The existing Phoenix Fund Services senior management team will remain as directors and will continue to fulfil key management roles within the combined organisation which will adopt the Maitland brand name.

Hawksford formalises leadership structure

The new leadership structure reflects the nature of the work Hawksford is undertaking

A matter of principle by Penny Lovell, Close Brothers

Weekly Close Up

A boutique’s dilemma: outsource your back office, or do it yourself?

Setting up a boutique is by no means a walk in the park

Partner support agreement signed between Malta Chamber and HSBC Bank Malta

The agreement was signed by Malta Chamber President Anton Borg and Michel Cordina, Head of Commercial Banking at HSBC Malta.

ABN Amro CEO Says Dutch State-Owned Bank Ready for IPO

ABN Amro Group NV expressed support for the Dutch government’s plan for protecting the nationalized bank from hostile takeovers after it returns to private markets

Wealth and Asset Management