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

Deutsche Bank Boosts Capacity for A-Shares ETF

ASHR has been among the top-performing ETFs on the market in recent months as China’s tightly controlled stock markets open up to outside investment.

Standard Chartered staff braced for big change under Winters

"There's a mood of borderline euphoria and excitement today... after six grim months where the sense of passion and urgency fell away a bit," said a senior Asia-based insider.

German authorities probe Coutts over Swiss tax evasion allegations

The private bank's parent company, Royal Bank of Scotland, said the inquiry was focussed on its Swiss operation, including current and former employees.

Specialist asset manager reports another year of outstanding investment returns relative to the ARC Private Client Indices

“It was a year in which active management via active managers paid handsome dividends, and the collective experience we are able to bring to bear at Bordier (UK) shines through in the outstanding numbers we have once more delivered for our clients.

France Will Hand Over HSBC Tax Data to Austria Within Days

France will soon hand over to Austria tax data linked to leaked client data of lender HSBC Holdings Plc which has admitted failings in compliance at its Swiss private bank

HSBC CEO Says Swiss Tax Saga Was Product of a Different Era

HSBC Holdings Plc Chief Executive Officer Stuart Gulliver told U.K. lawmakers the scandal over the role the company’s Swiss private banking unit played in helping clients dodge taxes was the product of a different era

HSBC bosses reject calls to quit after 'terrible list' of problems

HSBC bosses rejected calls from British lawmakers for them to quit over the bank's Swiss tax scandal

Axa Wealth unveils strategy for UK pension reforms

Axa Wealth plans to combine its pensions and investment expertise to offer a new financial planning model called Retirement LifePlanning

DeVere predicts 25% growth in plan to become ‘UK’s BoA Merrill Lynch’

DeVere has forecast a 25% growth in business and a 50% increase in advisers in the coming year

From high court to high life: How Vestra grew to £4.6bn

Vestra Wealth’s founding partner David Scott became a Wealth Manager cover star a year after what he admits was a ‘difficult birth’ for the then fledging company.

Old Mutual completes Quilter Cheviot buy

Old Mutual Wealth has been completed its buy of Quilter Cheviot after the receiving the green light from the regulator

OM Wealth completes Quilter Cheviot acquisition

OM Wealth called the transaction a “significant milestone” in its transition from primarily a platform business to an integrated wealth management business for advisers and customers.

Wealth managers and IFAs under threat by tech upheaval

Asset managers will be not be blown away by technology’s winds of change, but advisers and wealth managers may not be as lucky

Strong uptake in private placement as Jersey funds industry reaches seven year high

A strong performance in Jersey’s funds sector in 2014 has seen the value of fund assets administered in the jurisdiction increase by almost one fifth year-on-year to reach the highest level in seven years.

UK finance bonuses to top £100bn since financial crisis

With high street banks poised to reveal their 2014 bonus pots the Robin Hood Tax campaign reveals figures showing ‘unreformed sector is out of control’

Rothschild to pay bonuses early

A final decision on the timing of bonuses is expected to be taken before the Rothschild group’s year end on March 31

Towry offers £2.75 for Ashcourt Rowan shares

The two companies claimed that combined they will be one of the top 20 players in the UK private wealth market by assets under management.

Poaching clients is ‘commercial suicide’: DFMs

Canaccord Genuity Wealth Management is one such DFM with an advisory arm

HSBC under pressure to lower bonuses following tax dodging inquiry

Top executives at HSBC are being encouraged to waive their bonuses for the year, following allegations the bank abetted tax dodging clients.

Tax scandal hits Coutts and BSI deals

HSBC furore puts pressure on sales of private banking units by RBS and Generali

Wealth and Asset Management