02/07/2014
Global players reinforce leadership in wealth management as costs rise - Euromoney Research
Higher regulatory costs and lower margins have played into the hands of the global private banks that have been able to weather the storm better than their smaller peers.
02/06/2014
Legal costs hold back Credit Suisse profits
Profits at Swiss bank Credit Suisse have been held back by the cost of fighting legal battles with the US.
02/06/2014
Wealth managers know they have to provide more to clients than a safe place to deposit money and a close relationship with families and individuals.
02/05/2014
Many ultra-high net worth families are art lovers, own collections or actively buy and sell in the art market.
02/05/2014
Hargreaves Lansdown reaps new customers from Royal Mail IPO
In a trading statement on Wednesday, the company said 77,000 new clients signed up to its investment services, of whom 27,000 joined to invest in the postal service.
02/05/2014
The BNP Paribas Rescue & Recover Fund marks its first anniversary. The Fund's founding members and partner NGOs are delighted at what has been achieved: a total of over EUR 750,000 collected and donated to date.
02/05/2014
This is the first of four papers that will be released during the year, each analysing a phase of the wealth management customer journey.
02/05/2014
Close Brothers Asset Management has announced its new pricing for self-directed private clients using its platform. This will be implemented from 10th March 2014, and clients have been notified.
02/04/2014
Investec joins FEIFA programme
Investec Asset Management has joined FEIFA’s partnership programme‚ bringing the number of companies on the programme to more than 50.
02/04/2014
Barclays chief Antony Jenkins turns down bonus but gets £4m in shares
Jenkins waives annual bonus for 2013 – as he did in 2012 – but stands to receive deferred bonus of 1.9m shares next month
02/04/2014
Exeter wealth manager targets aggressive adviser expansion
Hawksmoor Investment Management is targeting an aggressive expansion into the financial adviser arena with its redesigned bespoke discretionary management service.
02/04/2014
Societe Generale is radically developing its private banking relationship model in France and extending its offer to a larger number of clients.
02/04/2014
Charles Stanley Direct is to waive fees for six months on new investments of £500,000 or more.
02/03/2014
Asian ultra-high net worth individuals flock to invest in Monaco
Asia owns 24% of the total world private wealth with nearly one third of it held in real estate, mostly in international properties. With rising profits, Asian high net worth individuals (HNWI) have developed an appetite for trophy homes in Monaco.
02/03/2014
A number of well-known wealthy individuals have taken proceedings against IBRC Assurance in relation to badly performing investments.
02/03/2014
Europe’s largest bank Said to Plan Sale of Swiss Private Banking Assets
The bank has attracted scrutiny from governments over its operations in low-tax jurisdiction
02/03/2014
User review and rating system, although prevalent across sectors like travel, food and lifestyle, is only just making its presence felt in the medicine, financial and legal world.
02/03/2014
I was shocked and saddened to learn that Alain Grisay had passed away
01/31/2014
Vestra management reshuffle pays off with £1bn inflow
Growth is expected to come from a focus on ultra-high net worth clients, intermediaries and its US division, which provides a range of wealth management services to clients with ties to America.
01/31/2014
London-based wealth manager 'first UK wealth manager to achieve ‘B Corp’ certification'
The London-based wealth manager that specialises in looking after American expatriates‚ has been awarded “B Corporation” certification‚ the first such company in the UK to receive this relatively-new ac