07/21/2013
A third of millionaires row about inheritance, says Coutts
The bank, which includes the Queen among its clientele, collated the views of 270 people with "liquid assets" of more than £1m.
Wealth and Asset Management
07/20/2013
Cost of weeding out criminals and tax cheats hits private banks
Private banks managing the financial affairs of the world's wealthy face spending millions of dollars every year on vetting new clients
07/18/2013
Abu Dhabi sell £2.2bn stake in Barclays
Abu Dhabi has sold its entire holding in Barclays worth more than £2bn, it has been revealed.
07/18/2013
Seymour Pierce buy helps WH Ireland hang in the black
Within this strength in the firm's wealth management arm offset weakness in its corporate broking division.
07/17/2013
Arbuthnot Private Bank assets surge 28% in H1
Profit for the period decreased to 1.40 million pounds from 10.43 million pounds prior year.
07/16/2013
The Wealth Management Whine
Steven Crosby, senior managing director at PricewaterhouseCoopers, predicts a five-fold, global increase in mergers and acquisitions in the wealth industry
07/16/2013
Women forcing wealth management professionals to change their thinking
Wealth management industry facing changing demographics
07/16/2013
China Construction Bank to set up in Luxembourg
The third Chinese lender to move into the low-tax statelet sandwiched between Germany and France
07/16/2013
HFM Columbus: Private Client Recruitment Market Never Looked Better
HFM Columbus director Marcus Carlton says the private client recruitment market has never looked better
07/16/2013
BofA, Morgan Stanley Hold Lead In Top Wealth Manager Ranking
Bank of America Corp. and Morgan Stanley held on to a slim lead over UBS AG in a 2012 ranking of the world’s largest wealth managers compiled by PAM Insight SA.
07/16/2013
Will FCA wealth management arm spark new supervisory era?
The move is a shift away from the historic ‘one size fits all’ approach and has been welcomed by a broad swathe of chief executives from private client investment companies.
07/15/2013
British bankers earned more than the rest of the European Union put together
Figures from the EU's banking regulator showed 2,346 bankers earned more than 1m euros in the UK, compared with 739 in the rest of the EU
07/15/2013
Survey Finds Investors Still Confident In Global Growth Despite China Doubts - BofA Merrill Lynch
Allocations to Equity Rise, Bonds Increasingly Undesired
07/14/2013
Dubai loses ground to London in battle of banking
London has strong links to the Gulf region due to its historical bonds with the sheikhdoms when they granted Britain as trucial states access
07/14/2013
HSBC Trinkaus to sell private banking in Luxembourg
Approximately 20 employees working for the private banking business of HSBC Trinkaus & Burkhardt (International) SA are expected to transfer to VP Bank as part of the sale.
07/14/2013
Lloyds' grip on private banking loosens as Rathbones and Investec grab UK share
The bank has some $398 billion under management globally, and was followed in the list by Barclays which runs $201.4 billion.
07/14/2013
Wealth managers fire warning shot over ‘super clean’ fund deals
The race to secure the best priced share classes intensified earlier this month when Standard Life became the first platform to secure super clean deals.
07/14/2013
7IM bags £80m model portfolio mandate
Towergate Financial awards 7IM with mandate for its passive model portfolio range after “concerns” about previous manager Evercore Pan-Asset’s performance.
07/11/2013
France Clarifies Rules On Wealth Tax Cap
he French Finance Ministry has clarified regulations pertaining to the wealth tax cap and life insurance contracts.
07/11/2013
Psigma IM buys AXA Framlington private client arm
Part of the Punter Southall Group, PIM has £1.5 billion of assets under management and sees this transaction as an important milestone in its continuing growth.