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

Brady Dougan Holds Course at Credit Suisse Despite Tough Markets

The Credit Suisse CEO sticks to the One Bank strategy of investment banking and wealth management as new capital rules pose his toughest challenge yet.

HSBC files raise questions about oversight of senior bankers past and present

The five were involved in either acquiring, overseeing or managing the Swiss operation, which helped clients conceal assets from the taxman

Old Mutual Wealth to help finance deals in Intrinsic buyout scheme

Buyers must have been ARs with Intrinsic for at least three continuous years, whilst sellers must have been part of Intrinsic or Positive Solutions for at least five years.

Jersey Signs Memorandum Of Understading With South Africa

The Jersey Financial Services Commission and the South African financial services regulator, the Financial Services Board of the Republic of South Africa, have signed a Memorandum of Understanding

‘War for talent’ being waged in compliance space

IFA networks and wealth managers are struggling to find the quality and quantity of compliance staff to keep up with an ever-increasing regulatory burden

Butterfield Group Receives Euromoney Awards

Butterfield Group today announced that it has received awards for Net-Worth-Specific Services for Super Affluent Clients in the Cayman Islands, and for Succession Planning Advice and Trusts in Guernsey in the 2015 Euromoney Private Banking and Wealth Mana

Rochussen: why JO Hambro Capital Management will always be a boutique

Despite running over £16.2 billion in assets, JO Hambro Capital Management remains a boutique in the eyes of chief executive Gavin Rochussen

UK wealth manager explores sale options

One banker suggested the company could be sold for a £50m-£60m price tag, around 10-12 times earnings.

Panmure upbeat on opportunity for European Wealth Group

Wealth manager European Wealth is building a profitable business with plenty of upside through potential earnings enhancing acquisitions, reckons broker Panmure, which has started covering the shares.

Standard Life in major advice play with purchase of £1bn-assets Pearson Jones

The acquisition of Pearson Jones for an undisclosed sum will bring in assets under advice of £1

Family money puts its faith in European technology

Some of Europe's wealthiest families are investing chunks of their cash in technology companies, bringing the benefits of long-term horizons to start-ups and filling a funding hole for the continent's fledgling Facebooks.

DBS raring to grow after SocGen unit takeover

There are strong rumours that DBS may already be eyeing another acquisition

SocGen to Dismiss 1,180 in Brazil, Take $229 Million Charge

Societe Generale fell as much as 2 percent and was down 1.6 percent at 37.04 euros

Banque Heritage says to buy client assets from StanChart Swiss unit

Banque Heritage said on Thursday it will buy client assets from British bank Standard Chartered for an undisclosed price

New wealth firm launches in Manchester and London

Lasenby Knox, a new wealth management and financial planning firm, has launched with offices in Manchester and London.

UK high net-worth individuals could increase

The demand for specialist tailored advice could increase because of a growing number of high net-worth individuals in the UK

Investec Asset Management Extends Relationship with State Street

State Street Corporation has extended its relationship with Investec Asset Management for another seven years to provide full middle office and fund accounting services across the UK, South Africa, Luxembourg and the United States.

Banque Heritage to buy client assets from Standard Chartered Swiss unit

The move is part of a wave of deals expected from Swiss private banks amid a raft of challenges

Aberdeen Asset Management sees Emerging Market Flows Dip

Aberdeen Asset Management saw net equity outflows in the three months to the end of 2014 after investors moved money away from emerging markets in December.

J.P. Morgan Named Best Global Private Bank

J.P. Morgan has been named the world's "Best Global Private Bank" in Euromoney's 12th annual survey of the global private banking industry

Wealth and Asset Management