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

What James Bond teaches us about Risk by Tom Catchpole, Vestra Wealth

Fast wind to 2015, and although the threat has changed, the spectre of…..well, Spectre remains.

Credit Suisse's Thiam to face feisty retail investors

There are no signs that shareholders will reject the cash call.

Nordic banks are relying more on wealth management to stay profitable

The industry’s response has so far focused largely on cost cuts.

Top 100 Financial Advisers revealed

At first glance, little has changed at the top of the list, with St James’s Place and Hargreaves Lansdown occupying first and second positions respectively.

Wealth-X and Camper & Nicholsons Form Knowledge Partnership for Global Insight on Wealth and Superyachts

Wealth-X and Camper & Nicholsons today announced a knowledge partnership that will result in a first-of-its-kind report on the world’s ultra wealthy and the luxury yachting sector.

Start-up numbers rise 7% across Scotland

The number of new businesses starting up in Scotland grew by 7 per cent in the year to March, according to new research.

UBS Agrees to Buy Italy Private Wealth division

The deal is set to close in the first four months of 2016 pending regulatory approval, UBS said in a statement on Tuesday.

IFAs should smile: you’ve never had it so good

When the regulator announced the retail distribution review in 2006 there was much tearing of hair and gnashing of teeth.

Julius Baer Agrees to Raise Stake in Kairos to 80%

Kairos assets under management almost doubled since 2013

Stop focusing on process and proposition

The introduction of the RDR by the FSA perhaps forced financial advice firms to profoundly review how they communicated with clients.

Aberdeen Asset Management to announce cuts to non-investment staff

Aberdeen has made four small bolt-on acquisitions this year with the aim of diversifying its business, but it remains reliant on its blockbuster products.

Irish sovereign wealth fund dumps asset managers

Around €3bn of the sovereign fund’s €7.9bn of investible asset is in global equities, bonds, commodities, infrastructure and absolute return funds run by international asset managers.

Family firms, where values really count - launching Scottish Family Business Week by Penny Lovell

“Dare to be honest and fear no labour” Robert Burns

Wealth manager launches managed portfolio service

They will be available on the Standard Life Investment Hub platform at launch.

Standard Chartered CEO Winters Buys $1.5 Million of Bank Shares

He’ll also spend another 300,000 pounds buying shares in the rights offering, the company said. Chairman John Peace bought 295,600 pounds of stock and four other executives also purchased shares.

FCA chairman wants “less is more” approach to wealth manager regulation

FCA chairman John Griffith-Jones has spoken out on the “realistic, if not ideal” delay to MiFID II, while acknowledging the need for a “less is more” approach to the regulation of wealth managers

Crédit Agricole settles sanctions allegations: risks to multinational banks remains high

The criminal cases were pursued by the US Department of Justice and the New York County District Attorney’s Office.

Ultra Wealthy Buyers Seek Non-Traditional Homes Abroad, New Study Shows

Wealth-X has identified more than 211,000 ultra high net worth individuals globally – defined as those with US$30 million and above in net assets – and 79% of them own two or more residences.

Aberdeen close on Edinburgh deal

Ernst & Young made the offer to Edinburgh shareholders on behalf of Aberdeen.

UniCredit signs binding deal with Santander to merge asset management units

In a statement UniCredit said it expected the deal to be fully completed in 2016

Wealth and Asset Management