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

£100bn of central London properties held in offshore tax havens

Chancellor George Osborne is facing calls to close a loophole which has seen more than £100bn of central London properties placed in overseas tax shelters.

Tods Murray bolts on private client boutique

Tods Murray has absorbed two-partner private client firm Fyfe Ireland.

Major UK wealth house taps new senior portfolio manager

Howard joins from Rothschild Private Management, where from 2009 he was Head of UK Portfolio Management and sat on the Global Asset Allocation Committee.

Bank bonus dispute goes to High Court

The legal spat is likely to fan the flames of public anger at a time when high inflation, rising job losses and sharp government spending cuts eat into the livelihoods of Britons asked to bail out the banking sector in the 2008 credit crisis.

Barclays Wealth names Saudi head

Gilbert said the appointment reflects the "mounting focus" on Saudi Arabia, which is one of the region's most appealing private banking hotspots.

Schroder Investment Management (USA) switches PR firms

Jennifer Manser, head of marketing and communications at New York-based Schroders, said the firm decided to go with JCPR after interviewing multiple agencies.

Guinness family asset management firm to launch in Northern Ireland

The Iveagh funds will offer investors access to the investment team managing the private portfolios of key members of the Guinness family, including Lord Iveagh. To date investors have put £215m into the funds.

Rowan Dartington customers unscathed from fraud

He said none of the suspects were current members of staff but he could not comment on which side of the businesses had been affected.

British asset managers hit by client withdrawals

British asset managers suffered a wave of withdrawals in the final three months of last year, as clients fretting about a deepening euro zone crisis and choppy financial markets trimmed exposure to investment funds.

Social Media in Wealth Management: The Evolving Role of Social Tools for Superior Customer Experience

The crisis of 2008 and the economic recession following it affected the perception investors have about wealth managers and financial services providers, leading to lower levels of trust. Therefore firms have to be more proactive and dynamic with their cu

Close Brothers reports asset management loss

Tough times are continuing at the Securities division of merchant banking group Close Brothers, but the Banking division continues to do well, with good growth in the loan book.

Leaked document on BNP Paribas "preferred clients"

The list of French corporate and investment banking clients who can expect to get an immediate call back from their banker is set to get a bit shorter.

Enness Private Clients launches high net worth referral service

The service is aimed at advisers who have clients seeking large loans but may be unable to secure them through mainstream lenders.

Barclays Wealth boosts Cardiff operations

Mr Rowsell – who has 28 years’ experience in private banking – joins Barclays Wealth from Coutts & Co, where he was instrumental in helping to establish and develop its regional business in South Wales over the past 13 years.

St James's Place reports a record year for new business

St. James’s Place today issues its new business update for the twelve months ended 31 December 2011.

Aberdeen's AUM rise despite net outflows‎

£7.8 billion of new business won in the quarter

Signia Wealth appoints Co-Chief Investment Officer

He will be based in the London office

Coutts man to head Arbuthnot Latham‎

has over 25 years of private banking experience, initially at SG Hambros and for the past nine years at Coutts & Co

UK private client wealth management business changes hands

Raymond James Financial now owns 100% of UK subsidiary Raymond James Investment Services (RJIS) following the acquisition of Killik & Co’s 25% stake in the UK private client wealth management business.

SEI appoints former Barclays Wealth Americas head ‎

This latest hire is part of SEI’s business expansion, in response to significant interest from global banks, insurance companies and large wealth managers.

Wealth and Asset Management