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

Brewin Dolphin tipped for post-Budget bounce

Brewin Dolphin could enjoy a post-Budget bounce in its share price as it prepares to help pensioners navigate a new pensions climate, Alex Wright of Fidelity Special Situations has predicted.

Coutts launches a charitable foundation

Coutts, the private bank and wealth management service has launched the Coutts Foundation, a grantmaker which will aim to help tackle the causes and consequences of poverty.

Move over investment banking - private banking is the new career of choice

Since the fall from grace of the Gordon Gekkos of investment banking, the more sedate (and responsible) world of private bankers has started to attract high-fliers, says Giulia Cambieri

High-net-worth investor confidence surges to post-crisis high

The last time investor confidence levels were higher than this current level was back in March 2007

Brown Shipley chief: we're not under pressure to do deals

Brown Shipley chief executive Ian Sackfield has said the business will not simply do deals ‘for the sake of it’ and has stressed it is under no pressure from Qatari backer Precision Capital to do so.

Bank of Montreal Says F&C Attractive Even After Withdrawals

Bank of Montreal said it still considers its $1.2 billion takeover of F&C Asset Management Plc “attractive” even after the U.K. money manager disclosed a key client will pull more money from its funds.

SocGen seeks to pay bankers bonuses up to double their salaries

France's No. 2 listed bank, Societe Generale, said it will ask shareholders for permission to pay some staff bonuses worth up to double their salaries, in accordance with the European Union cap on bonuses.

Friends Life awards £14.5 billion mandate to Schroders

Friends Life is to transfer £14.5 billion in assets from F&C to a new strategic partnership with Schroders

Investment trusts hail RDR as platform sales increase 67%

The AIC commissioned a report using Matrix Solutions’ Financial Clarity to evaluate adviser and wealth manager investment company platform purchases in the first year after RDR.

Private equity guru buys big stake in fledgling Liverpool fund firm

Via his family office, Perscitus Advisers, he has acquired a significant minority interest in the new fund management firm, which was founded in 2010.

Do wealth managers know the real cost of managing their clients?

Gilly Green, wealth management practice leader at consultants Knadel, said wealth managers rarely fully assess the cost of servicing their clients.

DBS to Buy Societe Generale's Private Banking Business in Asia

Further to the transaction, Societe Generale announces that it has entered into a memorandum of understanding with DBS to develop a commercial partnership combining the strengths of the two franchises for the benefit of their respective clients.

Bellpenny swells FUM by further £21m with latest purchase

Bellpenny, the national wealth manager and IFA acquirer, has acquired Essex-based Personal & Corporate Financial Solutions

Coutts staff angered at bonus cuts

Staff at Coutts have reacted furiously after learning their bonuses have been slashed by 40% this year.

French asset manager Perial targets €400m investment in 2014

French asset manager Perial is looking to invest €400m for its SCPI and OCPI real estate funds this year, up from €250m in 2013.

City of London Wealth Management Awards 2014

Well done to Goodacre for organising a very good night, I look forward to next year.

Canaccord Genuity Voted Wealth Management Company of the Year

This year a record number of votes were cast.

FxPro Recognised as Best FX Services Provider at the City of London Wealth Management Awards

FxPro Group Ltd has won the City of London Wealth Management Award for Best FX Services Provider at a ceremony held in the City of London’s Guildhall on 12thMarch 2014.

DBS Near Deal for Société Générale’s Asia Private Banking Business

Singapore’s DBS Group Holdings is near an agreement to buy the Asian private banking business of French bank Société Générale SA in a deal valued at around $250 million

Rothschild HDF launches Alt Ucits platform

The platform, which is called InRIS, is expected to hold around a dozen companies across a wide range of alternative investment strategies.

Wealth and Asset Management