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

Wealthy Migrants Boosting London's Economy Through Investor Visa Programme

This visa route is a positive step by the government Read more: http://www.digitaljournal.com/pr/1826594#ixzz2xjJhOGEy

Banco Santander Said to Buy BNP’s Private Bank Unit in Miami

Banco Santander SA, Spain’s biggest bank, bought the private banking unit of BNP Paribas SA in Miami to help to win more business from wealthy Latin American clients

Banks' Expectations Are High for Wealth Management

Bank executives are kicking their wealth management businesses into high gear.

Charles Stanley's Cardiff office opens it doors

The company hired a team from Barclays Wealth at the end of last year and the new office will be headed by Andrew Stansfield.

Rathbone Brothers To Buy Jupiter Asset Mgmt.'s Private Client & Charity Opns.

The consideration would be received in cash and is subject to a minimum of 32 million pounds.

Aberdeen completes £550m Swip acquisition and targets cost-savings

The acquisition, which creates a combined group with £324.5 billion in assets under management,

Miton's AUM surge past £3bn, but profits dip

Miton saw its assets under management surge by 72% past the £3 billion mark in 2013 on the back of strong organic growth and the acquisition of PSigma.

Wealth management firm completes £6.4m sale of Liverpool office

Wealth management firm has confirmed the sale of its Liverpool operation to Seneca Investment Managers.

Blue-chip wealth management company eyes law firm acquisitions

The firm claims to be “radically” different from other financial firms by offering financial, investment, tax, accounting and legal expertise under one roof

'Shanghai's Hutchison Whampoa' acquires 19.2% of German Private Bank

The investment was done by injecting about €98.5 million ($135.7 million)

JPMorgan Tackles European Unemployment with $30m Jobs Scheme

Banking giant JPMorgan plans to help tackle unemployment in the UK and Europe with a $30m jobs scheme which will investigate how to get more people into work.

Swiss asset manager Pictet to expand London operations

Swiss asset manager Pictet said on Tuesday it would expand its wealth management operations in London and hire between five and 10 bankers over the coming months.

Ukrainian Wealth Floods London Housing Market

Russians are the second-highest spenders in London's property markets, followed by Kazakhs, Azerbaijanis and Georgians among buyers from the former Soviet Union.

CORRECTED-UPDATE 1-Aberdeen Asset Management to cut costs after money leaves funds

Aberdeen Asset Management said it planned to cut costs after weakness in emerging markets drove more money out of its funds in the first two months of the year, lifting its shares.

AFH posts £1m profit as it prepares AIM float

Strong Revenue Performance. Profit Growth. Increased Dividend

Berenberg expands UK private banking team to serve ultra wealthy

German privately owned investment bank Berenberg has set up a new team in London to handle business with "ultra-high net worth" customers

IoD lunch to highlight future prospects for Jersey’s finance industry

Geoff Cook, CEO of Jersey Finance, will be the guest speaker at this month’s IoD lunch to give a talk entitled ‘First for Finance: current performance and future prospects for Jersey’s Finance Industry’.

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.

Wealth and Asset Management