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

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

UK's first new private bank in 30 years opens doors

The UK's first private bank launch in 30 years has been given the regulatory green light.

HSBC Malta brings global experience to the new International Banking Centre

The IBC will be HSBC's largest branch in Malta by number of clients and will offer customised services in banking, lending, investment, and international account opening to both residents and non-resident personal clients.

Wealth Specialist Ledbury Rebranded

Continues to operate from the London office under the new brand.

Jamaica pushes as home to HSBC HQ

British banking giant, HSBC, is considering relocating its headquarters out of the UK, and one Caribbean state is now vying for the spot

Guernsey private wealth news

Review of recent Guernsey private wealth news and details of our upcoming events.

Rowan Dartington eyes further acquisitions

There will be no let-up for Rowan Dartington after an eventful year that has been marked by hires and acquisitions

Persistent Industry Challenges and Needs of Younger HNWIs Are Changing the Role of Wealth Managers

Wealth managers and firms need to evolve to meet the complex needs of their clients or risk losing business

Schroders launches BSP Credit strategy on GAIA platform

Investing primarily in global high yield corporate credit with a focus in the US, the fund will aim to generate attractive risk-adjusted returns in both up and down markets and provide investors with an absolute return of 5-7% per annum.

Fosun, others in talks to buy German private bank

Several strategic investors are in talks to buy a stake in German private

Aberdeen turns to Japan for a £100m new fund warchest

Aberdeen Asset Management has raised £100million from its major Japanese shareholder to strengthen its balance sheet and invest in new funds for a worldwide market.

L&G Said to Seek Buyers for French Insurance, Private Bank Units

Legal & General is understood to be considering a sale of its Cofunds platform, just over two years after it sealed a deal to take full ownership.

Wealth and Asset Management