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

Standard Chartered pays 118 bankers at least $1.4m

Asia-focused bank Standard Chartered paid 118 of its bankers at least $1.4m last year, topped by a $9.5m payout to Mike Rees, head of its wholesale or investment banking division.

Chris Macdonald: we don't fear FCA in-house funds probe

Chief executive officer of Brooks Macdonald has welcomed the FCA's decision to launch a probe into how wealth managers use in-house funds.

Towry to launch advisory investment service

Towry is set to launch an advisory service, following its acquisition of Bluefin.

Swiss Bank Pictet Opens Office in Munich for German Clients

Pictet joins Swiss banks Julius Baer Group Ltd. and Vontobel Holding AG in opening new premises in Germany

Lord North Street and SandAire agree merger

Currently both firms advise wealthy families

€2.5m profit for Kleinwort Benson

The rise in assets under management follows a number of new business wins

The next generation of boutiques: Arjent Wealth Management

This week, continuing our series on boutique firms after a sustainable and ethical investing interlude,

Stephen Lansdown sells £200m Hargreaves stake

Lansdown sold the stake on Tuesday. Based on the closing price of £14.06 that day, he has netted around £200 million.

Basi opens family office to court super rich

It will initially provide a restricted offering for 15 clients and intends to have 30 clients by the end of the year, taking on three or four more advisers.

OYSTER joins Raymond James's retail fund platform

The partnership with Raymond James underlines the development of the UK market

Schroders chief sees pay soar 70% to £8.4m

Schroders boss Michael Dobson took home £8.4 million last year.

RBS boss sets strategy to 'improve' flat Coutts

Ross McEwan, group chief executive of the Royal Bank of Scotland, has set out a strategy that will tie Coutts more closely to the wider bank’s business customers.

Anglo-South African Group sells German and Austrian wealth units for $303 million

"The transaction is part of Old Mutual Wealth's commitment to simplify its operations in Europe and focus on a select number of core growth markets,"

Schroders keeps busy with multi-asset coup

Friends Life’s decision to award multi-asset and equity mandates worth £14.5bn to Schroders represents another “significant win” for the investment house, Jason Hollands has said.

Ex-SJP adviser opens advice firm & online platform

A former adviser at national wealth management firm St James’s Place has opened a new firm heavily centered on providing discretionary fund management through an online platform.

PWM Selects Wealth-X CEO’s Quote For Advertising Campaign

“We chose the comment because it is based on research from Wealth-X, which relates to PWM’s own quest to identify the new global sources of wealth, how they develop and how they are best serviced by private banks and other specialist wealth m

LGT Group posts good business performance in 2013

With a tier 1 capital ratio of 21.3%, LGT is very well capitalized. LGT is confident about its business performance in the current year.

Psigma targets Barclays Wealth's 'lighter touch' sub £500,000 clients

Psigma Investment Management has made a play for Barclays Wealth clients with less than £500,000, after the bank itself scrapped its bespoke service for lower net worth clients.

Eric Syz Acquires Co-Founder Stakes in His Geneva Private Bank

Eric Syz, the majority owner of Banque Syz & Co., acquired the shares of his two co-founders, Alfredo Piacentini and Paolo Luban, and told staff he has no intention to sell the Geneva-based firm.

Award winning wealth manager expands portfolio management team with two senior hires

These key appointments demonstrate our continued efforts towards strengthening and growing our private client services.

Wealth and Asset Management