Maintaining positive momentum
Consistent growth is difficult to maintain in the current private banking climate, while profit margins are squeezed and traditional revenue…
ByMonth: January 2016
COMMENT: Implications of Japanese monetary easing
On 29 January, the Bank of Japan surprised financial markets by announcing a move towards negative interest rates. Joost van…
ByBoston Private Wealth bolsters wealth management presence in California and Florida
Boston Private Wealth has expanded its wealth management presence in California and Florida by hiring executives from wealth advisory firms,…
ByVP Bank Group net income rises to CHF64m in FY2015
Liechtenstein-based private bank VP Bank Group has posted a net income of CHF64m for the 2015 financial year, compared to…
ByAmeriprise wealth arm posts lower Q4 pre-tax operating earnings
The advice & wealth management arm of the Ameriprise Financial has reported pre-tax operating earnings of $210m for the fourth…
ByCity National Bank hires new lead for private client services in New York
City National Bank, a US subsidiary of Royal Bank of Canada, has hired Brandon Williams to lead and expand its…
ByGoldman Sachs to launch 13 investment funds for retail investors in Singapore
Goldman Sachs Asset Management (GSAM) is planning to launch 13 investment funds for retail investors in Singapore in the first…
ByHargreave Hale bolsters London team with new hire
Hargreave Hale, a UK based stockbroking and investment management firm, has expanded its London team by appointing Marcus Low as…
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