The Swiss Squeeze
Regulation and compliance is plaguing Swiss private banks, with profits and reputations suffering. This comes as London and Singapore…
ByRegulation and compliance is plaguing Swiss private banks, with profits and reputations suffering. This comes as London and Singapore…
By AnthonyClimpson-StewartSwitzerland's heavily saturated banking market has meant getting a solid footing domestically is a major challenge. The competition comes…
By AnthonyClimpson-StewartNorth America reclaimed the top spot for high net worth individuals (HNWI) population in 2012, with 3.73m residing in…
By AnthonyClimpson-StewartRoyal Bank of Canda (RBC) has emerged as a possible buyer of Lloyds Banking Group's asset management arm Scottish…
By AnthonyClimpson-StewartThe amount of high net worth wealth in Greater China is rising in at between 15-30% a year, but…
By AnthonyClimpson-StewartLocal Chinese banks are dominating the private banking market in China, but are struggling to perform in the offshore…
By AnthonyClimpson-StewartSwiss private banking group Julius Baer has seen a 16% rise in assets under management (AuM) in the first…
By AnthonyClimpson-StewartLow yields are still dogging the fixed income market but it remains an asset class high net worth clients…
By AnthonyClimpson-StewartConcerns about regulation and compliance remain a key issue for the financial sector, despite increased company's reporting increase turnover,…
By AnthonyClimpson-StewartThe US Financial Industry Regulatory Authority (FINRA) has handed down $900,000 in fines to three separate firms.
By AnthonyClimpson-StewartArbuthnot Latham & Co is to open its first international branch in the Dubai International Financial Centre after it…
By AnthonyClimpson-StewartRBS groups' wealth division saw a 2% fall in client assets under management (AuM) to £30.8bn ($47.9bn) in the…
By AnthonyClimpson-StewartThe UK treasury department have roped in all remaining British Overseas Territories under its G5 model for tax transparency.
By AnthonyClimpson-StewartDeutsche Bank's asset and wealth management division has posted a $116m increase in net revenues for the first quarter…
By AnthonyClimpson-StewartLloyds Banking group will take a £250m hit to their group accounts following the sale of their Spanish banking…
By AnthonyClimpson-StewartUK-based Coutts has denied rumours they are the target of a US tax investigation, following the arrest of one…
By AnthonyClimpson-StewartThe Financial Conduct Authority (FCA) in the UK has set out new rules for the way investors will pay…
By AnthonyClimpson-StewartPre-tax profit at Barclay's wealth investment management division slumped 43% to £60m ($92.7m) in the past three months, despite…
By AnthonyClimpson-StewartLloyds Banking Group has refused to comment on speculation Ameriprise Financial (AMP) is making a bid for the…
By AnthonyClimpson-StewartMerrill Lynch has been fined $1m and ordered to pay over $320,000 in compensation, by the US financial watchdog.
By AnthonyClimpson-StewartSpain's National Court has rejected a Swiss order to extradite an ex-HSBC employee for allegedly stealing and revealing confidential…
By AnthonyClimpson-StewartMore than a third of UK high net worth individuals (HNWIs) thought the fees associated with their portfolios were…
By AnthonyClimpson-StewartCanadian Imperial Bank of Commerce's (CIBC) have acquired Atlantic Trust Private Wealth Management for $210m, in a move adding…
By AnthonyClimpson-StewartThe relationship between wealth managers and their clients is deteriorating as people choose to use outside advisers, new research…
By AnthonyClimpson-StewartThe Swiss Federal Council agreed to adopt the changes to the US FATCA agreement on 10 April, allowing Swiss…
By AnthonyClimpson-StewartSharjah Islamic Bank (SIB) has launched a $500m Sharia-bond, or sukuk, with the bond order book rising to $3.24bn.
By AnthonyClimpson-StewartThe Swiss Federal Council agreed to adopt the changes to the US FATCA agreement on 10 April, allowing Swiss…
By AnthonyClimpson-StewartThe guarded world of family offices is offering up huge possibilities for growth and challenges not just in the…
By AnthonyClimpson-StewartDBS Bank and Capital One have taken the top honours in a review of apps offered for mobile devices…
By AnthonyClimpson-StewartUK household wealth has passed the £7tn ($10.7tn) mark, figures released by Lloyds TSB Private Banking show.
By AnthonyClimpson-StewartTwo of Frances biggest banks, BNP Paribas and Crédit Agricole, have challenged claims made by The International Consortium of…
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