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

The Changing Order of Wealth Creation

The seventeenth volume in the Wealth Insights series investigates the different ways in which the global landscape of wealth is changing.

British private bank goes the extra furlong for clients

More recently, however, it has moved into the highly fragmented private banking arena, where local banks with balance sheets of only a few billion pounds fight it out against titans such as JPMorgan, Royal Bank of Scotland (RBS) and HSBC.

Senior London-based financiers form family office

In a statement, Holbein said it seeks to differentiate itself from other wealth managers by aligning the interests of the partners with those of its clients.

Coutts seeks a buyer for its £11m Fleet Street home

According to The Times, Coutts wants to reduce its presence in the capital by trimming its seven branches down to two, though it will keep its site on the Strand, located nearby.

ABN AMRO Private Bank increases cash ahead of QE tapering

ABN AMRO Private Bank says it has cut exposure to equities and bonds

Record wealth levels reached in 2012 - 2013 Capgemini & RBC World Wealth Report

North America reclaims position as region with most High Net Worth individuals while Asia-Pacific leads overall wealth growth

Bank of Ireland's private banking division - Probe ‘no impact’ on client funds

Moreover, the bank’s internal audit team was looking into whether clients’ funds had been compromised as part of these irregularities, said the paper.

Tilney slips further into the red following £4 million suitability bill

Tilney’s directors said: ‘The company’s provision has arisen as a result of the FSCS announcing pre-year-end that an additional levy would be payable by the private wealth management industry, and will result in a future outflow with no

Nearly Half Of UK's Wealthiest Financiers Are Foreign Born

The total wealth of the financiers in the list exceeds US$27 billion, and foreign born ultra high net worth individuals (UHNWIs) constitute 66 per cent of that total.

Signia Wealth in takeover talks

Signia Wealth is currently in discussions with a couple of family offices, one of which is a “fairly long way down the line”.

Barclays withdraws discretionary service for clients below £100,000

Barclays’ Wealth and Investment division has withdrawn its discretionary management service for direct clients

The UK wealth managers you rate the highest

We want to know who’s really doing an outstanding job.

Cazenove European Fund removed from Wealth 150

The Cazenove European Fund has been removed from the Wealth 150 list of our favourite funds across the major sectors.

Wealth managers have fewer clients, but more assets

Evidence of the missing individuals is to be found in empty bankers’ desks and less busy client meeting rooms.

Societe Generale Private Banking Hambros voted ‘Best UK Private Bank’

This award is based on the votes of Financial Times and Investors Chronicle readers, a panel of judges, performance data and interviews with managers.

Hester’s total RBS pay may hit £14m

He could walk away from Royal Bank of Scotland having earned as much as £14m from the taxpayer-backed bank.

7IM drops re-reg charges

Seven Investment Management has scrapped its £25 fee to re-register funds off the platform.

Walker Crips revenue stable, AuM rises 43%

Discretionary and advisory assets under management increased by 64% (on a like for like basis, excluding WCAM).

RLAM wins Investors Chronicle FT Best Wealth Manager for Charities award

The ceremony was attended by representatives from RLAM, including Alan Bunce, Head of Institutional Business Development.

Princely Liechtenstein bank keen for clarity on tax

Prince Max says customers are attracted by LGT's "Princely Portfolio" that allows them to mirror the strategy used for the royal family fortune, estimated to be as much as 8 billion francs.

Wealth and Asset Management