Principal Global Investors seeking to buy boutique asset managers
Principal Global Investors, a New York-based global asset management firm, is reportedly exploring options to purchase boutique asset management…
ByPrincipal Global Investors, a New York-based global asset management firm, is reportedly exploring options to purchase boutique asset management…
By BBRStaffWriterTemenos, a provider of banking software solutions, has unveiled the latest version of its front-office platform for wealth management…
By BBRStaffWriterAs a result of increases in the number of customers from outside the UK, the Swiss wealth management unit…
By BBRStaffWriterAccording to Bill ONeill, CIO at Merrill Lynch Wealth Management, the US dollar is a safe option in a…
By BBRStaffWriterPhoenix-based Miller/Russell & Associates has selected Interactive Advisory Softwares (IAS) Solution 360° technology to better implements its growth plans.
By BBRStaffWriterMany single-family offices (SFOs) are diversifying their bespoke and concierge offerings to provide clients with family security services. The…
By BBRStaffWriterCelent, a Boston-based financial research and consulting firm has published a report that says that 2012 will see wealth…
By BBRStaffWriterNational Bank of Canada has completed its acquisition of the full service investment advisory business of HSBC Securities (Canada)…
By BBRStaffWriterChina has been projected as the most prospective emerging market but many analysts are voting for India. According to…
By BBRStaffWriterUK-based private client wealth manager firm, Berry Asset Management, has signed a strategic administration partnership deal with SEI.
By BBRStaffWriterUS-based LPL Financial, a custodian and independent broker-dealer, after months of speculations has made its intent officially to acquire…
By BBRStaffWriterThe US has indicted three Swiss bankers for assisting US clients avoid declaring their full wealth to tax authorities.
By BBRStaffWriterYorkshire-based independent financial advisors group, UK Wealth Management (UKWM), has started the New Year with a resolution to transform…
By BBRStaffWriterA survey carried out by Cafemutual of independent financial advisors (IFAs) reveals that the sweep and force of regulatory…
By BBRStaffWriter2011 was not a great year for investors, with global equities losing 10%, giving back 2010 gains, only partly…
By BBRStaffWriterA total of 109 wealth management products with total scale of RMB61.5 billion had been issued in China of…
By BBRStaffWriterA new guideline for the sale of exchange-traded-funds (ETFs) may be issued in 2012, which will guide the uninformed…
By BBRStaffWriterHungary has defied international concerns and has adopted central bank reforms whereby no merger of the central bank and…
By BBRStaffWriterMalasian bank Malayan Banking Berhad (Maybank) is planning to develop a wealth management business in the region and for…
By BBRStaffWriterSEI has launched a new service designed to assist SEC-registered investment advisors of private funds in meeting their Form…
By BBRStaffWriterSecurities and Exchange Board of India (Sebi), the capital market regulator in India, will soon release the guideline norms…
By BBRStaffWriterUnconfirmed reports in the Swiss media says that 11 Swiss banks are being offered a deal by the US…
By BBRStaffWriterThe Financial Services Authority (FSA) has banned former client advisor at UBS Jaspreet Singh Ahuja for lifetime and has…
By BBRStaffWriterAccording to a survey by Boston Consulting Group (BCG) finds that creating a self-regulatory organization (SRO) to oversee investment…
By BBRStaffWriterBaird; a wealth management, capital markets, private equity, and asset management firm; has hired six wealth management professionals, including…
By BBRStaffWriterWith an aim of cutting its cost and improving the profitability, the Swiss bank Credit Suisse Group plans to…
By BBRStaffWriterGerman private bank M. M. Warburg has appointed SimCorp Dimension as its future investment management solution.
By BBRStaffWriterBofA Merrill Lynch Global Researchs 2012 Year Ahead Outlook says that 2012 will be a turbulent year with market…
By BBRStaffWriterCredit Suisse Private Banking Research recommends a defensive investment strategy for Asia in 2012 as the financial market will…
By BBRStaffWriterA survey of affluent Americans from Wells Fargo & Company shows that many of the affluent Americans are feeling…
By BBRStaffWriterThe Securities and Exchange Commission (SEC) adopted new rules in June 2011 under the Dodd-Frank Wall Street Reform and…
By BBRStaffWriterThe media is flooded with reports of open insurrection against top management over risky investments within Citigroup.
By BBRStaffWriterAustrian Chancellor Werner Faymann is in favour of higher wealth taxes as he believes that it is simply a…
By BBRStaffWriterWomen are the sole decision maker, or an equal partner in decisions, when it comes to charitable giving in…
By BBRStaffWriterBank of America has announced that it will hire more than 160 Merrill Edge Financial Solutions Advisors (FSAs) across…
By BBRStaffWriterTrillium Software, a business of Harte-Hanks, has launched Trillium FATCA Compliance Data Assessment, a service to assist financial institutions…
By BBRStaffWriterThe American company specializing in financial data, analytics and disclosure management services, Edgar Online, has launched the latest version…
By BBRStaffWriterThe Financial Services Authority (FSA) has fined Integrated Financial Arrangements, the firm behind Transact, a UK based technology firm…
By BBRStaffWriterTo generate returns in a challenging environment for the next year investors need to have a diversified portfolio with…
By BBRStaffWriterAs a part of its global expansion strategy, Swiss financial advisory firm, deVere Group, plans to open offices in…
By BBRStaffWriterThe Dutch state-owned bank ABN Amro has completed the acquisition of LGT Bank Deutschland, part of Liechtenstein-based wealth and…
By BBRStaffWriterCitigroup has introduced a new service for its High Net Worth Individual (HNWI) clients in the Asia-Pacific region called…
By BBRStaffWriterThe European Union's closely watched Brussels summit ended in the early hours of Friday with mixed results. In principle,…
By BBRStaffWriterTemenos, provider of banking software, and IBM have entered into an agreement under which IBM will provide consulting and…
By BBRStaffWriterThe number of pension plans with liability-driven investing (LDI) strategies is on the rise, according to the annual SEI…
By BBRStaffWriterNew York lawmakers have approved Governor Andrew Cuomos tax package to raise taxes on wealthy residents while cutting taxes…
By BBRStaffWriterSpeaking at a conference hosted by The Economist magazine in New York, Morgan Stanley CFO Ruth Porat said that…
By BBRStaffWriterWith just over a year to go, there is still a little hope among the advisors for a delay…
By BBRStaffWriterBMO's Private Client Group net income, excluding insurance, was C$103 million in the fourth quarter of 2011, a year-on-year…
By BBRStaffWriterFund managers are gradually moving away from equities and are finding bonds and cash as safe-haven assets due to…
By BBRStaffWriterThe French global insurance group Axa Wealth has teamed up with Whitechurch Securities to offer its first risk-rated investment…
By BBRStaffWriterThe Canadian lender Scotiabank has predominantly been a personal and commercial bank for over 50 years in the Bahamas…
By BBRStaffWriterThe annual tech survey conducted by Financial Planning has revealed that for the first time Microsoft Outlook has been…
By BBRStaffWriterThe Zurich wealth management unit of the Rothschild Group intends to focus on the established onshore European markets so…
By BBRStaffWriterFollowing the merger in early November, Australian wealth managers, Snowball and Shadforth have re-branded to SFG Australia.
By BBRStaffWriterThe Guernsey Financial Services Commission (GFSC) has signed a statement of cooperation with the China Banking Regulatory Commission (CBRC).
By BBRStaffWriterDynasty Financial Partners and Envestnet have partnered to build a new wealth management platform geared specifically toward investment advisors…
By BBRStaffWriterOrigen Financial Services, the advisory business of leading life insurer Aegon, will slash 17 positions and relocate its Canterbury…
By BBRStaffWriterSpeaking at a British-Swiss Chamber of Commerce luncheon in Geneva, Anne Hertier Lachat, head of the Swiss Financial Supervisory…
By BBRStaffWriterEuropean Commission has threatened to sue the UK and Germany over the tax deals they signed with Switzerland, saying…
By BBRStaffWriterIsrael-based Leumi has acquired the entire outstanding share capital of Banque Safdie in Switzerland after completing all the transactions…
By BBRStaffWriterUK-based Succession Advisory Services, which works with wealth management firms, providing best practice financial planning and customer service to…
By BBRStaffWriterSwiss private banks could lose as much as CHF47 billion (US$51.1 billion) in assets as clients make withdrawals before…
By BBRStaffWriterEntrepreneur and philanthropist John Caudwell is Britains highest individual tax payer, as revealed in episode two of Nick Robinsons…
By BBRStaffWriterBarclays Wealth is planning to extend its reach to tier II and III Indian towns that have registered a…
By BBRStaffWriterGlobalOne, provider of software as a service (SaaS), social collaboration and Cloud Computing professional services for the enterprise, has…
By BBRStaffWriterMonaco's Nemesis Asset Management has entered into a strategic partnership agreement with two Brazil-based wealth managers, Galt Capital and…
By BBRStaffWriterA webinar poll conducted by real estate agent Jones Lang LaSalle has revealed that Singapore is the front-runner to…
By BBRStaffWriterJulius Baer Group has placed CHF175 million of subordinated, unsecured debt with institutional and private investors after its book-building…
By BBRStaffWriterThree investment advisor firms are facing the wrath of the Securities and Exchange Commission (SEC) for failing to set…
By BBRStaffWriterSmith & Williamson, the accountancy and investment management firm, has acquired the trade and assets of Begbies Traynor Group,…
By BBRStaffWriterMGD Wealth, a Brisbane-based high net worth wealth management and financial advisory firm, has appointed Select Asset Management to…
By BBRStaffWriterFrench insurer Axa may sell-off its London-based wealth management arm, Bluefin Advisory Services (BAS), as a part of its…
By BBRStaffWriterThe Stonehage Group, an independent UK multi-family office, has opened a new business in Luxembourg and has appointed family…
By BBRStaffWriterA report entitled Beyond uncertainty: Family offices adapt to unpredictability, has found that family offices in Europe are preoccupied…
By BBRStaffWriterThe South African Revenue Service (Sars) has established a specialised unit to investigate almost 200 of the most noncompliant…
By BBRStaffWriterBarclays Wealth has appointed Januar Tjandra as head of Greater China and he will be based in Hong Kong…
By BBRStaffWriterIndia-based Dion Global Solutions has acquired the entire share capital of the UK-based wealth management and stock broking software…
By BBRStaffWriterThe Society of Trust and Estate Practitioners (Step) has recently formed the Private Banking & Wealth Management Group (PBWMG)…
By BBRStaffWriterA new report by the Centre for Economics and Business Research (Cebr) analysed the suitability of high rates of…
By BBRStaffWriterThere seems to be a new twist in the Sarasin and Julius Baer takeover bid. Local media reported that…
By BBRStaffWriterAs a part of an overall effort to cutprivate-banking costs and avoid further tangles with US tax authorities, Credit…
By BBRStaffWriterLuxembourgs finance minister Luc Frieden and finance minister of the Russian Federation Anton Silouyanov have signed an amendment to…
By BBRStaffWriterThree Jersey-based wealth managers have signed up to tercero wealth workstation, a platform provided by Third Financial Software, a…
By BBRStaffWriterWealth manager Vestra Wealth has appointed Cofunds as its fund custodian of GBP600 million in assets.
By BBRStaffWriterThe risk of a financial crisis in the UK is at its greatest since the collapse of Lehman Brothers…
By BBRStaffWriterHM Revenue & Customs (HMRC) has launched a new specialist unit to target offshore tax cheats.
By BBRStaffWriterAbu Dhabi Commercial Bank (ADCB) has launched ADCB Offshore Banking through its Jersey branch. The new business caters to…
By BBRStaffWriterSubject to regulatory approval, South African fund manager Prescient will acquire AIB Investment Managers Limited (AIBIM), the asset management…
By BBRStaffWriterDeutsche Bank has said that it will conduct a strategic review of its global asset management division outside its…
By BBRStaffWriterEuropean Wealth Management has acquired Aventus Capital Management, a Cheltenham, UK, based investment management firm. The acquisition resulted in…
By BBRStaffWriterDST Global Solutions has launched the upgraded version of its investment accounting and asset servicing solution, HiPortfolio.
By BBRStaffWriterSwiss private bank Julius Baer has appointed Frank Keller as its new CFO, Asia and Tobias Murer as its…
By BBRStaffWriterA new survey by Singapore-based research firm Wealth-X states that London tops the list of European cities with the…
By BBRStaffWriterBank of Valletta (BOV), one of Malta's oldest and largest financial services providers, has entered into a new strategic…
By BBRStaffWriterBank of America (BofA) has reached its goal of doubling the number of Merrill Edge Financial Solutions Advisors to…
By BBRStaffWriterWith an office opening in Chelmsford, Essex, Barclays Wealth has expanded its geographical reach in the South East, taking…
By BBRStaffWriterUBS has said that it will trim down its investment banking business, thereby reducing its risks,to concentrate its business…
By BBRStaffWriterCoutts has appointed Amir Sadr as head of the banks private office in the UAE and will be based…
By BBRStaffWriterFiPath has launched the first independent, online marketing solution for financial advisor leads, the FiPath for Advisors.
By BBRStaffWriterWith the global financial crisis still gripping the world, an increasing number of high net worth individuals (HNWIs), especially…
By BBRStaffWriterItalys former prime minister and media tycoon, Silvio Berlusconi, has stated that his party will not support the wealth…
By BBRStaffWriterThe UK-based personal tax boutique, Saffron Tax Partners, has acquired Kleinwort Bensons private client tax compliance business for an…
By BBRStaffWriterKathryn Shih, chief executive of UBS Wealth Management Asia-Pacific, in an interview to Asia Risk highlighted elements is affecting…
By BBRStaffWriterA loss at the private banking business and a decline in the deal flow resulted in Investec, the Anglo-African…
By BBRStaffWriterThe IBM Company Algorithmics has launched a new investment design solution that will provide risk/return analytics platform to the…
By BBRStaffWriterWealth management group Ashcourt Rowan is to receive GBP8.5 million in cash by offering new shares in the company.
By BBRStaffWriterParagon Wealth Management is offering complimentary portfolio reviews to investors with an aim of helping them determine risk tolerance…
By BBRStaffWriterWealthcare Capital Management, provider of wealth management advisory services and systems, has unveiled Unified Managed Household (UMH) program designed…
By BBRStaffWriterPhilippines-based Rizal Commercial Banking Corporation (RCBC) has selected SunGard's WealthStation solution to help grow its wealth management business and…
By BBRStaffWriterBendigo Wealth has acquired the AIM Financial Services, a boutique Independent Financial Planning business located in Melbourne.
By BBRStaffWriterMorgan Stanley Smith Barney has hired seven new advisors who come from Merrill Lynch, UBS and RBC who collectively…
By BBRStaffWriterAustralian software company IRESS Market Technology has launched a wealth management division in the UK.
By BBRStaffWriterThe UBS board has appointed Sergio Ermotti, the interim CEO, as permanent chief executive.
By BBRStaffWriterThe Financial Services Authority (FSA), UK's finance regulator's intention to fine UBS's senior executive in Zurich and former CEO…
By BBRStaffWriterFrench private banking and financial services company Société Générale has reported net banking income of EUR 622 million for…
By BBRStaffWriterCoutts has appointed ex-Lloyds director Jennifer Mathias as its new chief financial officer and she will also be a…
By BBRStaffWriterGordian Wealth Advisors, a newly formed independent advisory firm based in San Franscisco, has hired Sanctuary Wealth Services to…
By BBRStaffWriterThe Securities and Exchange Commission (SEC) filed a record 735 enforcement actions in the fiscal year that ended on…
By BBRStaffWriterSnowball Group, an Australian non-aligned client focused financial advice and wealth management firm, has acquired the Melbourne-based wealth management…
By BBRStaffWriterThe UKs market regulator Financial Services Authority (FSA) has imposed a fine of US$9,621,240 (approximately GBP6 million) on Rameshkumar…
By BBRStaffWriterInvestment banking and Big Four accounting veteran Julie Zakarias has launched GenFi Family & Fiduciary Services, an independent, fee…
By BBRStaffWriterCaledonian Global Financial Services is acquiring the Beacon Group of companies which include Beacon Capital Management, Beacon Fund Advisors…
By BBRStaffWriterMerrill Lynch has hired two Morgan Stanley advisors with US$1.6 million in annual fees and US$167 million in assets…
By BBRStaffWriterAmidst criticism and reprisal, the Financial Services Authority (FSA) is forging ahead with its resolution to implement the retail…
By BBRStaffWriterFocus Financial Partners, a partnership of independent wealth management firms, has added a new partner to its business.
By BBRStaffWriterThe European Commission (EC) has agreed to go-ahead with a ban on the payment of commission from providers to…
By BBRStaffWriterAustralian Islamic wealth manager, Crescent Wealth, is ready to tap the wealthy Muslim clients in Malaysia, home to the…
By BBRStaffWriterBravura Solutions, a supplier of transfer agency and wealth management software applications, has named Jason Wilby as its global…
By BBRStaffWriterBritish financial-services watchdog FSA is set to fine RBS' private banking arm Coutts about GBP6 million for alleged mis-selling…
By BBRStaffWriterFormer Bank of America Merrill Lynch wealth management chief Sallie Krawcheck in an interview during the annual meeting of…
By BBRStaffWriterAccording to the latest Wealth Profile by the consultancy Ledbury Research suggests that there will be over one million…
By BBRStaffWriterAlmost half of Chinas millionaires (46%) are considering moving to developed countries, reports a study conducted by Hurun Research…
By BBRStaffWriterIn an effort to eliminate banking secrecy, all G20 governments have agreed to a multilateral convention to tackle tax…
By BBRStaffWriterAdvent Software, a provider of software and services for the global investment management industry, has unveiled Advent Portfolio Exchange…
By BBRStaffWriterWorcestershire-based wealth management firm AFH continues to expand its business with the acquisition of three Midlands-based IFA businesses for…
By BBRStaffWriterInstitutions that delay investment management changes because of due diligence reviews, contract negotiations and other fund governance-related issues may…
By BBRStaffWriterNew York-based financial technology company CAIS will provide independent, alternatives investment platform to Focus Financial Partners, a partnership of…
By BBRStaffWriterFirst Republic Bank, a private bank and wealth management company, has appointed Charles Heaphy as senior managing director in…
By BBRStaffWriterThe third quarter results have been very positive for AXA Wealth which witnessed a significant rise of 87% in…
By BBRStaffWriterMatrix Asset Management, an asset and wealth management company, has entered into a strategic arrangement with First Affiliated, a…
By BBRStaffWriterCiti Wealth Advisors (CWA), a retail business unit of Citigroup Global Markets India, has launched its second Smart Broking…
By BBRStaffWriterIn an strategic move to expand its UK footprint, Sanlam UK has acquired wealth management firm Merchant Securities for…
By BBRStaffWriterFor the second consecutive year, poll results conducted by SEI show that chief compliance officers (CCOs) are burdened with…
By BBRStaffWriterTo remain independent after the Financial Services Authority's Retail Distribution Review (RDR) comes into effect in 2012, a vast…
By BBRStaffWriterAs the race to attract the ultra-wealthy heats up in the US, Wells Fargo has started a new advisory…
By BBRStaffWriterThe Commodity Futures Trading Commission (CFTC) has put its seal of approval to the new rule that US investment…
By BBRStaffWriterDeutsche Bank has reported a pre-tax profit was EUR186 million from its asset and wealth management (AWM) in the…
By BBRStaffWriterBNP Paribas Wealth Management has made some high-profile appointments in the higher echelons of its Asia-Pacific business as it…
By BBRStaffWriterSingapore is fast emerging as a top destination for the wealth management industry. The country has eased its banking…
By BBRStaffWriterThe European fund-of-funds (FoFs) sector is big and mature. Regulatory change and greater outsourcing to discretionary managers will continue…
By BBRStaffWriterSingapore's Wealth Management Institute (WMI) has formed an advisory committee to review the standards and curriculum for training professionals…
By BBRStaffWriterInvestors who dynamically adjust asset class exposures as growth and inflation expectations shift may significantly improve risk-adjusted returns, according…
By BBRStaffWriterBank of China (BOC) and American Express have signed a new strategic partnership, whereby Bank of China will begin…
By BBRStaffWriterBanking software provider Temenos has launched the latest version of its portfolio management system Triple'A Plus R11 for private…
By BBRStaffWriterBanking software provider Temenos has launched the latest version of its portfolio management system Triple'A Plus R11 for private…
By BBRStaffWriterThe Financial Services Authority (FSA) has fined Credit Suisse UK GBP5.95 million for systems and controls failings in relation…
By BBRStaffWriterSociete Generale Private Banking has appointed Paul Vaillancourt as chief executive of its wealth management subsidiary in Canada, Canadian…
By BBRStaffWriterThe Markets in Financial Instruments Directive II (MiFID II) has published its draft that proposes that only independent advisors…
By BBRStaffWriterAccording to research released by SEI, entitled Communication in the Information Age, while nine out of 10 (92%) wealth…
By BBRStaffWriterBNY Mellon's wealth management business has appointed Justin Miller to the position of senior wealth strategist for investment management.
By BBRStaffWriterHigher investment-management fee combined with limited increase in asset values led to reduced commissions causing wealth managers' profitability to…
By BBRStaffWriterAt the fourth annual Retirement Income Symposium (RIS), Eric Cott of the Options Industry Council, an organisation created to…
By BBRStaffWriterARIA Capital Management has selected SEI as its strategic partner to support the discretionary investment management services through its…
By BBRStaffWriterPyramis Global Advisors, a Fidelity Investments company and institutional multi-asset class investment manager has published a survey that reveals…
By BBRStaffWriterSunGard has launched a wealth management mobility strategy with the creation of several mobile applications that help advisors and…
By BBRStaffWriterThe transfer of wealth at death, minimization of taxes, and financial needs during retirement were identified as the top…
By BBRStaffWriterThe French government to amend the Financial Law passed a bill that has simplified the wealth tax of the…
By BBRStaffWriterHigh net worth individuals (HNWIs) in Asia-Pacific are expected to invest more in equities and fixed-income instruments next year…
By BBRStaffWriterThe pay of personal bankers in Europe has dwindled significantly over the period of time as they are paid…
By BBRStaffWriterVestmark, a provider of wealth management platform, has introduced a new functionality for its VestmarkONE technology platform specifically tailored…
By BBRStaffWriterA report published by the Aite Group says that wealth managers are very slow in adopting mobiles apps to…
By BBRStaffWriterIn its third acquisition of the year, Close Asset Management has taken-over Scotland-based accountancy and professional services firm Scott-Moncrieff's…
By BBRStaffWriterThe number of high net worth individuals (HNWI) grew 9.3% to 3.3 million in Asia-Pacific in 2010, surpassing the…
By BBRStaffWriterCredit Suisse has hired Anna Wong as managing director and market area head of Greater China for Private Banking…
By BBRStaffWriterBrown Brothers Harriman & Co. (BBH) has appointed of Rafael Febres-Cordero as head of the firm's International Wealth Management…
By BBRStaffWriterAs part of its commitment to enhance the solutions and guidance it offers to Preferred customers, Bank of America…
By BBRStaffWriterThe Securities and Exchange Board of India (SEBI) has proposed to regulate the activity of wealth management and private…
By BBRStaffWriterAs part of its strategy to grow its footprint in the Middle East, Swiss private banking firm Lombard Odier…
By BBRStaffWriterWestpac Banking Corp has tapped New Zealand's outgoing justice and commerce minister Simon Power to head its private banking…
By BBRStaffWriterMortgage and insurance network Stonebridge Group has launched wealth management joint venture (JV) with Moneygate.
By BBRStaffWriterBravura Solutions, a supplier of transfer agency and wealth management software applications and professional services, has signed a seven…
By BBRStaffWriterBentley Wealth Advisors, a Warwick based wealth management firm, has acquired the wealth management division of Delfino and Associates,…
By BBRStaffWriterAgainst the current economic backdrop, new research raises concerns that many wealthy people are considering leaving the UK. Some…
By BBRStaffWriterAccording to a study from research company TNS, although emerging markets are becoming "centers of affluence", 80% of the…
By BBRStaffWriterCrescent Wealth, Australia's first licensed Islamic wealth manager, has begun the process of establishing a range of investment products,…
By BBRStaffWriterEasing concerns about the impact of the US$2.3 billion rogue trading loss uncovered last month, UBS said it expects…
By BBRStaffWriterSome Swiss bankers are advising clients to steer clear of US securities ahead of a new law that would…
By BBRStaffWriterThe Wall Street Fraud Watchdog has warned all high net worth individuals (HNWIs) to use extreme caution before getting…
By BBRStaffWriterSecurian Trust Company has appointed Jason Schuller as senior vice president with responsibility for the new wealth management services…
By BBRStaffWriterBarclays Wealth has made three new hires to support the expansion of its strategy across the Latin American ultra…
By BBRStaffWriterBarclays Wealth has hired Michael Peat to the UK & Ireland Private Bank (UK&IPB) Advisory Committee.
By BBRStaffWriterGuernsey has signed a Tax Information Exchange Agreement (TIEA) with the Republic of Slovenia.
By BBRStaffWriterFrench banking group Credit Agricole has appointed Christophe Gancel as head of Private Banking effective 1 November 2011.
By BBRStaffWriterWilmington Trust, a US-based wealth management company, has appointed Matthew Canner as a senior private client advisor to serve…
By BBRStaffWriterGibraltar Private Bank & Trust has appointed Jumah Hamilton as assistant vice president, private banker.
By BBRStaffWriterDavenport & Company has selected FolioDynamix FDx Connect - the model exchange module of FolioDynamix's comprehensive wealth management software…
By BBRStaffWriterNew York-based Ascent Wealth Partners has formed partnership with Dynasty Financial Partners to utilize Dynasty's wealth management platform.
By BBRStaffWriterFollowing significant portfolio losses experienced in 2008 and 2009, investors have become more cautious, which has led them to…
By BBRStaffWriterFor a third consecutive time London, Geneva and New York have been ranked the top three global private banking…
By BBRStaffWriterFamily wealth advisory firms are adding a new focus on the sales process to meet the increasing demands for…
By BBRStaffWriterBarclays Wealth has hired Trevor Kelham as a director and international wealth advisor within its Wealth Advisory division.
By BBRStaffWriterFortigent, a provider of outsourced wealth management solutions to banks, has selected IndexIQ's IQ Hedge Multi-Strategy SMA Portfolio as…
By BBRStaffWriterNorwich-based SG Wealth Management has acquired the entire share capital of Ipswich-based financial adviser Stan Gaskin, boosting its client…
By BBRStaffWriterAlternative asset manager The Carlyle Group has acquired ITRS Group, a London-based provider of real-time monitoring systems for financial…
By BBRStaffWriterVista Equity Partners, a US-based private equity firm, has made a binding offer to buy the Thomson Reuters Trade…
By BBRStaffWriterCollins Stewart Wealth Management (CSWM) has hired three members from the advisory team of Barclays Wealth as stockbrokers.
By BBRStaffWriterMichigan-based ELE Wealth Management has selected Interactive Advisory Software's (IAS) Solution 360° technology in order to improve operational efficiency.
By BBRStaffWriterAs part of an ongoing effort to crack down on offshore tax shelters, the US Department of Justice (DoJ)…
By BBRStaffWriterBNY Mellon has appointed Fred Young as managing director of sales for investment management serving the Boston region for…
By BBRStaffWriterBarclays Wealth has hired Fabian Neo as head of FX Advisory, Asia and Chi Lee as director, head of…
By BBRStaffWriterNew York-based Focus Financial Partners has added to its partnership The Colony Group, a Boston-based registered investment advisory firm…
By BBRStaffWriterBank of America has hired more than 50 Merrill Edge Financial Solutions Advisors (FSAs) in the Central New England…
By BBRStaffWriterFollowing the financial crisis, and with several game-changing pieces of regulation coming into force by 2013, current trends towards…
By BBRStaffWriterFusion Wealth has implemented SEI's Global Wealth Services (GWS) solution, through which SEI will provide Fusion Wealth with investment…
By BBRStaffWriterTemasek-backed Fullerton Securities & Wealth Advisors has acquired the wealth management division of Pioneer Investcorp, a provider of investment…
By BBRStaffWriterThe Board of Directors of Banca Monte dei Paschi di Siena (MPS) has approved the sale of Monte Paschi…
By BBRStaffWriterCommonwealth Bank of Australia has appointed Grahame Petersen as group executive of business and private banking and Annabel Spring…
By BBRStaffWriterThe UK tax regulator, HMRC, is investigating HSBC wealthy clients with accounts at its Swiss private bank in Geneva…
By BBRStaffWriterWealth management group Brooks Macdonald has reported an underlying pre-tax profit of GBP7.8 million for the year ended 30…
By BBRStaffWriterBarclays Wealth has appointed Michele Huff Powell as a director and investment representative for its Dallas office.
By BBRStaffWriterSignature Bank has appointed a new six member private client banking team from HSBC, who will be based out…
By BBRStaffWriterMASECO Private Wealth has hired Gordon Hunt as chief operating officer for its Swiss office and Graham Aikin as…
By BBRStaffWriterNew York-based Evercore Wealth Management has hired six portfolio and asset managers from Wells Fargos Minneapolis-based wealth- management business…
By BBRStaffWriterLexington Wealth Management has hired Karen Van Voorhis as a client relationship manager as it moves its offices in…
By BBRStaffWriterDeutsche Bank Private Wealth Management (PWM) has appointed Chris Hocking as relationship manager and team leader at its London…
By BBRStaffWriterLegal & General Group, a provider of risk management products, has formed a new partnership with Investec Specialist Private…
By BBRStaffWriterSarasin-Alpen, a subsidiary of Switzerland's Bank Sarasin & Co, has received approvals from the Capital Market Authority (CMA), Sultanate…
By BBRStaffWriterNatixis Global Asset Management (NGAM), part of Natixis, has acquired a controlling interest in Darius Capital Partners, a Paris-based…
By BBRStaffWriterKleinwort Benson, a UK-based provider of wealth management services, has named Marianne Kafena as head of strategic wealth planning…
By BBRStaffWriterUK-based wealth manager, Quilter has launched a new platform service, which will provide IFAs and their clients with access…
By BBRStaffWriterLeicester-based wealth manager Mattioli Woods has acquired TCF Global Independent Financial Services (TCF) and its subsidiary Kudos Independent Financial…
By BBRStaffWriterRBC Dexia Investor Services has appointed Paul Luff as director of its Portfolio Solutions as part of the expansion…
By BBRStaffWriterCIBC, a Canadian financial institution, has completed the acquisition of a 41% equity interest in American Century Investments, a…
By BBRStaffWriterJP Morgan Asset Management has appointed James Gearin as COO of its Retirement Plan Services (RPS) business.
By BBRStaffWriterJP Morgan Asset Management seeks to enhance its direct to consumer offering through its WealthManager+ platform by adding 51…
By BBRStaffWriterOld National Wealth Management has selected Fidelity National Information Services' (FIS) wealth management solution TrustDesk for management of its…
By BBRStaffWriterNorthern Trust has won a $110m mandate to provide global custody, securities lending, transition management, and foreign exchange services…
By BBRStaffWriterVistra (Curaçao), a provider of trust, fiduciary services, has completed the acquisition of IMC Management & Trust (Curaçao), a…
By BBRStaffWriterHenderson Global Investors has recruited Sam Cotton as the assistant European retail asset manager for its EUR930m European Retail…
By BBRStaffWriterSEI has developed and launched an online solution to assist investment managers in meeting mandatory requirements under the Undertakings…
By BBRStaffWriterIgnis Asset Management is going to end its joint venture Argonaut Capital Partners following a change in partnership arrangements…
By BBRStaffWriterBNY Mellon Capital Markets has expanded its short-term fixed income desk with two new appointments.
By BBRStaffWriterMorgan Stanley and Perella Weinberg Partners Capital Management have launched a new UCITS Long/Short Healthcare fund on Morgan Stanleys…
By BBRStaffWriterABN Amro has appointed Hugues Delcourt as the country executive to lead Singapore activities as well as the CEO…
By BBRStaffWriterEvercore Partners has completed the acquisition of British investment banking advisory firm, Lexicon Partners.
By BBRStaffWriterSpain's Sabadell United Bank has acquired substantially all of the assets and assumed certain liabilities of Florida-based Lydian Private…
By BBRStaffWriterHenderson is planning to close Charlie Awdrys Luxembourg-domiciled offshore version of China Opportunities fund on 30 September 2011 following…
By BBRStaffWriterTransamerica Asset Management Group is planning to launch a new fund, Global Tactical Income, in October 2011.
By BBRStaffWriterHedge fund, Global Capital Commodities has selected Bradys trading and risk management solutions to manage futures and options trading…
By BBRStaffWriterIndias broking firm, Centrum Capital has agreed to form a joint venture with Commonwealth Finance Corporation to set up…
By BBRStaffWriterBarclays Wealth has appointed Anne Luke as managing director, head of client solutions for the region.
By BBRStaffWriterGranite Investment Partners has selected SEI to provide a complete back- and middle-office outsourcing solution for the firm's separate…
By BBRStaffWriterTD Asset Management (TDAM) has launched the TD US Monthly Income Fund.
By BBRStaffWriterSwitzerland-based Bank Sarasin has appointed Marius Dorfmeister as new head for its international institutional clients business.
By BBRStaffWriterChicago-based $11bn hedge fund, Citadel is in discussions to sell its investment bank and to close its equity research…
By BBRStaffWriterCallatay & Wouters, a provider of core banking and multi-channel distribution solutions, is implementing Thaler Wealth Management at Banca…
By BBRStaffWriterJMP Group has appointed Iain Franks as a managing director in the firm's investment banking department with responsibility for…
By BBRStaffWriterAres Management, an alternative asset manager, has acquired the investment platform of Wrightwood Capital, a provider of debt capital…
By BBRStaffWriterElectraCard Services (ECS), a provider of software solutions for electronic payment systems, has signed an agreement with Sutherland Global…
By BBRStaffWriterNiemann Capital Management (NCM), an investment management firm, has appointed Charles Halliday as chief strategy officer.
By BBRStaffWriterThe US prosecutors, investigating Swiss bankers role in helping wealthy Americans evade tax, have extended their tax inquiries to…
By BBRStaffWriterGermany and Switzerland are close to striking a deal to regularize untaxed money saved in secret Swiss accounts.
By BBRStaffWriterThe Royal Bank of Scotland (RBS) is planning to slash up to 2,000 jobs from its investment banking unit…
By BBRStaffWriterChief executives of leading Australian wealth management companies are frustrated by the uncertainty regarding the government's regulatory change agenda,…
By BBRStaffWriterSwiss asset management firm Union Bancaire Privee (UBP) has formed two Asian joint ventures that will spearhead growth of…
By BBRStaffWriterMorgan Stanley Smith Barney's Global Stock Plan Services (GSPS) group has launched a second generation interface between its web…
By BBRStaffWriterHermening Advisory Services, a subsidiary of Hermening Financial Group, has selected Netherby Wealth Management Solutions' AdvisorWorks integrated wealth management…
By BBRStaffWriterCredit Suisse has hired Barbara Reinhard as managing director and chief investment strategist for Private Banking Americas.
By BBRStaffWriterCanaccord Financial, a Canada-based independent, full-service financial services firm, has agreed to acquire a 50% equity interest in Australian…
By BBRStaffWriterHSBC Private Bank has appointed Cecilia Smith as senior vice president and relationship manager. Smith will be based in…
By BBRStaffWriterUBS has reported a net profit attributable to shareholders of CHF1.0bn, or $0.26 per diluted share, for the second…
By BBRStaffWriterUnder the scanner of the US authorities for its tax-evading clients, HSBC has said that its will no longer…
By BBRStaffWriterAXA Wealth has secured a seven year distribution contract to provide a new financial advice service to Co-operative Financial…
By BBRStaffWriterHSBC has appointed Krishna Patel as the chief executive of global private banking and has moved the position to…
By BBRStaffWriterStandard Chartered Private Bank is considering selling its private banking operations Miami, Uruguay and Chile and is reportedly in…
By BBRStaffWriterBarclays Wealth, the wealth management division Barclays, has appointed Hans Olsen into newly created role of managing director and…
By BBRStaffWriterEFG International's European private banking business has appointed Gerhard Muller as its head of Strategy Europe.
By BBRStaffWriterAltarius Asset Management, Malta?based asset management branch of Altarius Group, has launched its Fund Platform, Paragon S.I.C.A.V. which is…
By BBRStaffWriterNorthern Trust, a financial holding company, has strengthened its wealth management services business teams in London and Guernsey with…
By BBRStaffWriterAmerican investment management firm BlackRock has appointed Terrence Keeley as a managing director and head of its Official Institutions…
By BBRStaffWriterSpain banking group Santander has appointed Sue Hayes as new managing director for its Private Banking, UK.
By BBRStaffWriterSGPB Hambros, part of Societe Generale Private Banking, has completed its acquisition of the private client investment management business…
By BBRStaffWriterBNY Mellon Asset Management has appointed Alan Harden as CEO of Asia-Pacific.
By BBRStaffWriterHedge fund managers will continue to create EU-domiciled hedge funds to complement their Cayman Islands or other offshore offerings,…
By BBRStaffWriterHenderson Global Investors is set to launch an Emerging Markets Currency fund in third quarter of 2011, subject to…
By BBRStaffWriterVirginia-based Cardinal Bank has hired Quentin Roos and Gregory Cartrette as assistant vice presidents for its wealth management division.
By BBRStaffWriterRothschild Private Banking & Trust, part of the international Rothschild Group, has appointed Reinhard Krafft as new CEO of…
By BBRStaffWriterMashreq Qatar has said that it is committed to provide enhanced wealth management services with a new proposition that…
By BBRStaffWriterCitibank China has introduced a new platform to provide emerging affluent Chinese customers with a greater level of convenience…
By BBRStaffWriterGermany-based private bank Bankhaus Main has selected Temenos' portfolio management platform Triple'A Plus, to enhance transparency and client service…
By BBRStaffWriterJP Morgan's private banking unit has hired three senior bankers to expand its coverage of ultra high net worth…
By BBRStaffWriterAbu Dhabi Islamic Bank (ADIB) has appointed Stuart Crocker as the new head of private banking and wealth management.
By BBRStaffWriterHSBC Private Bank has expanded its private banking team in Chicago by appointing Gregory Dennerlein as senior vice president…
By BBRStaffWriterBritish asset management firm Schroders has appointed Kate Jones as head of Investment Services.
By BBRStaffWriterCharles Stanley Group has acquired wealth management firm Jobson James Financial Services for a maximum consideration of £2.25m.
By BBRStaffWriterAsset servicing provider Northern Trust has agreed to acquire Omnium, a hedge fund administrator with approximately $70bn in assets…
By BBRStaffWriterSwiss financial services firm UBS has appointed Gerard Aquilina as vice chairman of its wealth management business in emerging…
By BBRStaffWriterGMP Capital is planning to assume complete ownership of Canadian independent wealth management firm Richardson GMP, by buying out…
By BBRStaffWriterSunTrust Banks has acquired the assets of CSI Capital Management, a San Francisco-based private wealth management firm.
By BBRStaffWriterSingapore-based United Overseas Bank (UOB) has introduced a new wealth management service called as Privilege Reserve for high net…
By BBRStaffWriterBNY Mellon Asset Management has named Rumi Masih as a senior investment strategist in the Investment Strategy & Solutions…
By BBRStaffWriterJohn Thomas Financial, a New York based broker-dealer and investment banking firm, has appointed Richard Urbealis as new president…
By BBRStaffWriterWealthcare Capital Management, a provider of wealth management advisory services and systems, has appointed Perry Chesney as senior managing…
By BBRStaffWriterObjectivity is the key to establish a relationship-oriented business between the wealth managers and investors, according to the research…
By BBRStaffWriterJO Hambro Capital Management has acquired Singapore-based investment boutique Silver Metis Capital Management, which specializes in Asian stocks.
By BBRStaffWriterHSBC has appointed Talal Alghalib as new market head of private banking in Qatar, who has more than a…
By BBRStaffWriterBarclays Wealth has appointed Carole Cheung as new managing director, senior client partner, to manage relationships of ultra high…
By BBRStaffWriterAberdeen Asset Management has reported a pre-tax profit of £109.1m for the six months to 31 March 2011 compared…
By BBRStaffWriterSunGard, an IT services firm, has launched its wealth management platform, WealthStation, in Asia-Pacific, to provide the regional financial…
By BBRStaffWriterPremier Asset Management has selected SEI to provide investment processing services through its Global Wealth Services (GWS) solution.
By BBRStaffWriterSwiss private banking group Julius Baer has acquired 30% state in Sao Paulo-based independent wealth manager GPS, which includes…
By BBRStaffWriterSociete Generale Private Banking has appointed Philippe Boutron as new regional chief investment officer (CIO) for Middle East.
By BBRStaffWriterEvercore Wealth Management, a subsidiary of New York-based Evercore Partners, has appointed Randy Hustvedt as new managing director and…
By BBRStaffWriterBank Sarasin, a Switzerland based private bank, in its second annual Islamic Wealth Management Report, has urged the Islamic…
By BBRStaffWriterBarclays Wealth has appointed Pakorn Boonyakurkul, a former managing director at HSBC Private Bank, as new managing director, head…
By BBRStaffWriterSwiss private bank Julius Baer Group has agreed to pay German authorities EUR50m to close a tax probe over…
By BBRStaffWriterCanadian financial services advisory firm Tactico has acquired Montreal-based money-management firm Westmount Markets.
By BBRStaffWriterPointon York SIPP Solutions, a wholly owned subsidiary of Pointon York Group, has acquired two self?invested personal pensions (SIPP)…
By BBRStaffWriterDeutsche Bank Private Wealth Management (PWM) has appointed Durraj Tase as a managing director and head of capital markets…
By BBRStaffWriterInvestment banking and fund management group Close Brothers has agreed to buy financial advisers Cavanagh for around £26m.
By BBRStaffWriterMorgan Stanley has opened a Private Wealth Management (PWM) branch in Chennai, its second location in South India.
By BBRStaffWriterDST Global Solutions, a provider of Investment Management software and services, has released new version of its Bluedoor wealth…
By BBRStaffWriterNew Zealand-based funds and investment manager Fisher Funds has agreed to buy the KiwiSaver business run by Huljich Wealth…
By BBRStaffWriterRothschild Private Banking & Trust has appointed Riccardo Petrachi as head of its ultra high net worth clients division,…
By BBRStaffWriterEaton Vance has acquired the assets of Pelican Investment Management, a wealth and investment advisory services firm.
By BBRStaffWriterBlackRock has appointed Edwin Conway as managing director and head of the company's US and Canada Institutional business within…
By BBRStaffWriterUS Capital Advisors, a Texas based provider of wealth management solutions to high net worth individuals and institutional clients,…
By BBRStaffWriterChartered financial planning firm Lift-Financial has acquired Edinburgh-based Balfour Wealth Management for an undisclosed amount.
By BBRStaffWriterQIC, an Australia-based investment solutions provider, has outsourced its middle office functions to Northern Trust, while retaining incumbent custodian…
By BBRStaffWriterSwiss private banking group Bank Julius Baer & Co has appointed Bernhard Hodler as its new chief operating officer…
By BBRStaffWriterMaples Fund Services has implemented Advent Software's global portfolio management and fund accounting solution, Geneva, to provide enhanced services…
By BBRStaffWriterSEI has launched a new range of investment solutions, the SEI Global Strategic Portfolios, specifically for United Arab Emirates-based…
By BBRStaffWriterUnion Bank of India is mulling to venture into the wealth management business in partnership with a foreign player,…
By BBRStaffWriterAXA Wealth International has further strengthened its offering to independent financial advisers by launching a range of tax intelligence…
By BBRStaffWriterMiles Software has released new version of its wealth management solution (WMS), MoneyWare WMS, which is now Platform Ready…
By BBRStaffWriterS&T Wealth Management, part of Pennsylvania-based S&T Bank, has formed a strategic alliance with Heritage Trust Company, a firm…
By BBRStaffWriterBoston-area independent advisory firms Adviser Investments and Kobren Insight Management have joined forces to create a new independent wealth…
By BBRStaffWriterSunGard has launched a Regulatory and Risk consulting practice as part of its Wealth Management Global Services.
By BBRStaffWriterDubai Bank has introduced Royal Banking, a new wealth management solution for premium customers who seek customized solutions and…
By BBRStaffWriterNorthern Trust, a provider of financial services for institutions and affluent individuals, has expanded the capabilities and increased advisory…
By BBRStaffWriterRBS Coutts, the international private banking arm of the Royal Bank of Scotland Group (RBS), has hired Santosh Keni…
By BBRStaffWriterBanyan Partners, an investment adviser, has acquired Boston-based independently owned, wealth management firm Colonial Wealth Management.
By BBRStaffWriterSEI Investments Company has extended its array of middle-office services by enhancing its asset pricing and valuation validation solution…
By BBRStaffWriterMariner Wealth Advisors, a US-based the wealth management firm, has acquired the individual wealth management firm formerly associated with…
By BBRStaffWriterStandard Life Wealth, a provider of investment management services and a subsidiary of Standard Life, has opened a new…
By BBRStaffWriterRoyal Bank of Canada (RBC) has closed the acquisition of the wealth management business of Fortis Wealth Management Hong…
By BBRStaffWriterSwitzerland-based private banking group Julius Baer has received a banking license from the Hong Kong Monetary Authority, allowing the…
By BBRStaffWriterSwitzerland-based Bank Sarasin & Co has appointed Michael Coglin as a new managing director and chief investment officer Asia.
By BBRStaffWriterSwiss private bank Clariden Leu has expanded its strategic presence in the Middle East by opening a licensed representative…
By BBRStaffWriterBMO Harris Private Banking has appointed Rick Thomson as vice-president & market leader for Atlantic Canada.
By BBRStaffWriterScotiabank has entered into an agreement to purchase The WaterStreet Group, a Canadian multi family office advisory firm, to…
By BBRStaffWriterUBS has appointed Philip Lofts as CEO of UBS Group Americas and he will be succeeded as Group chief…
By BBRStaffWriterBNY Mellon Wealth Management has launched two new multi-manager strategies, to help grow investors assets amid slow growth, rapid…
By BBRStaffWriterBank of New York Mellon (BNY Mellon) has reported third quarter income from continuing operations applicable to common shareholders…
By BBRStaffWriterWunderlich Securities, a Tennessee-based brokerage firm, has completed the acquisation of five private client group branches from RBC Wealth…
By BBRStaffWriterRussian investment company Troika Dialog has appointed Catherine Thibaut as head of Private Banking as a managing director.
By BBRStaffWriterUnion Bancaire Privee (UBP) has appointed Yves Stein as the head of its banking activities in Luxembourg.
By BBRStaffWriterSociete Generale Private Banking has partnered with Copal Partners to strengthen its existing equity research offering, specifically designed for…
By BBRStaffWriterState Street, a provider of financial services to institutional investors, has enhanced its Wealth Connect Platform to enable wealth…
By BBRStaffWriterAspiriant, a San Francisco-based independent wealth management firm, has completed the acquisation of Deloitte Investment Advisors (DIA), a fee-only…
By BBRStaffWriterUBS has appointed Alex Wilmot-Sitwell as co-chairman and co-CEO of Asia Pacific. He will lead the region together with…
By BBRStaffWriterCNinsure, a China-based independent insurance intermediary company, has signed a joint venture agreement with Shanghai Puyi Investment Consulting to…
By BBRStaffWriterBarclays Wealth has named Caroline Simko as managing director and head of Global Research & Investments Marketing.
By BBRStaffWriterBarclays Wealth has appointed David Lewis as managing director and head of banking for Americas.
By BBRStaffWriterUBS has appointed Christian Wiesendanger as new head of Wealth Management Switzerland with effect from 1 October 2010.
By BBRStaffWriterRoyal Bank of Canada (RBC) has appointed Michael Lagopoulos as new deputy chairman of its Wealth Management, Ultra High…
By BBRStaffWriterBarclays Wealth has appointed two senior executives for the Americas, based in New York, as part of expansion in…
By BBRStaffWriterBarclays Wealth has appointed Nigel Riley as new head of Barclays Wealth International Direct.
By BBRStaffWriterBarclays Wealth has appointed David Lewis as new managing director and head of Banking, Americas.
By BBRStaffWriterWunderlich Securities, a Tennessee-based full-service brokerage firm, has signed an agreement to acquire RBC Wealth Management's five private client…
By BBRStaffWriterBarclays Wealth has appointed Sarah Green as new vice president within the Investment Advisory team.
By BBRStaffWriterBarclays Wealth has appointed Thelma Kwan as new head of Wealth Advisory in Asia Pacific.
By BBRStaffWriterBNP Paribas Wealth Management has appointed Remi Frank as head of the Ultra-High-Net-Worth Individuals (UHNWI) and Independent Wealth Managers…
By BBRStaffWriterCanada-based Scotiabank has reorganized its organizational structure and made a series of executive appointments to capitalize on growth opportunities.
By BBRStaffWriterLadenburg Thalmann Financial Services has completed its acquisition of Premier Trust, a provider of wealth management services.
By BBRStaffWriterBNY Mellon has completed the acquisition of I(3) Advisors, a Toronto-based independent wealth strategy company, marking the first wealth…
By BBRStaffWriterSarasin-Alpen (Bahrain), the newly created entity of the Switzerland-based Sarasin Group, has received an Investment Business Firm Category 2…
By BBRStaffWriterUBS has appointed Jakob Stott as new head of UBS Wealth Management Europe. He will take the responsibility for…
By BBRStaffWriterStifel Financial has posted a net income of $21.1m, or $0.60 per diluted share, for the second quarter ended…
By BBRStaffWriterDrexel Morgan & Co, a Philadelphia-based financial holding company, has signed and closed on a definitive agreement for the…
By BBRStaffWriterCredit Agricole Luxembourg, Credit Agricole SAs specialised private banking subsidiary, has agreed to acquire the majority of the shares…
By BBRStaffWriterBarclays Wealth has expanded its alternative investment origination and distribution teams with four new senior appointments.
By BBRStaffWriterUK-based Manx Financial Group has acquired the entire share capital of Edgewater Associates, an independent financial adviser in Isle…
By BBRStaffWriterHSBC Private Bank has appointed Mark Pittsey as a managing director and regional manager for the Bay Area and…
By BBRStaffWriterBank of America has appointed Lisa Shalett as new chief investment officer (CIO) of Merrill Lynch Global Wealth Management…
By BBRStaffWriterWells Fargo Private Bank, a business within Wells Fargo, has expanded its wealth and life management solution Elder Services…
By BBRStaffWriterMorgan Stanley Smith Barney has appointed managing director James Tracy as chief operating officer (COO) of distribution and development…
By BBRStaffWriterAspiriant Investment Advisors, a subsidiary of wealth management firm Aspiriant, has agreed to acquire Deloitte Investment Advisors (DIA), an…
By BBRStaffWriterFrance-based Societe Generale Private Banking has appointed Hsiao-Yun Lee as CEO of its Chinese operations.
By BBRStaffWriterBarclays Wealth, a wealth management division of Barclays, has appointed Stefanie Drews as new managing director and head of…
By BBRStaffWriterSociete Generale has appointed Gonzague de Cerval as head of its representative office in Abu Dhabi, which was created…
By BBRStaffWriterSociete Generale Private Banking has appointed William Birkbeck as deputy to the global market manager, to strengthen its teams…
By BBRStaffWriterUBS Wealth Management Americas has entered into a strategic partnership with Richard Bernstein Advisors (RBA), an investment adviser to…
By BBRStaffWriterBarclays Wealth has appointed Cem Pensoy as a senior banker and head of the London Turkey team reporting into…
By BBRStaffWriterBarclays Wealth, Sumitomo Mitsui Banking Corporation (SMBC), and Nikko Cordial Securities, a wholly-owned subsidiary of SMBC, have signed a…
By BBRStaffWriterBelgium-based RHJ International (RHJI) has completed the acquisition of British private banking firm Kleinwort Benson from Commerzbank after having…
By BBRStaffWriterCity National Bank, a wholly owned subsidiary of City National Corporation, has appointed Bill Podger as vice president and…
By BBRStaffWriterThe Securities and Futures Commission (SFC) of Hong Kong has resolved its compliance concerns with Swiss banking firm Julius…
By BBRStaffWriterInsight Wealth Partners has launched an independent wealth management and advisory firm, headquartered in Plano, Texas to provide comprehensive…
By BBRStaffWriterBNY Mellon has signed an agreement to acquire Toronto-based wealth advisory company I(3) Advisors which has more than CAD3.5bn…
By BBRStaffWriterRoyal Bank of Canada (RBC) has completed the acquisition of the JP Morgan Securities' third party registered investment advisor…
By BBRStaffWriterBarclays Wealth, the global wealth management division of Barclays, has appointed Urban Wilde as new managing director and chief…
By BBRStaffWriterBarclays Wealth has appointed Aaron Gurwitz as its new chief investment officer and head of research, economics and strategy,…
By BBRStaffWriterRothschild Group has appointed Jim Lawrence as CEO of Rothschild North America (RNA). David Rothschild will continue as executive…
By BBRStaffWriterBarclays Wealth has appointed Steve Houston as new head of wealth management for Americas. He assumes the position from…
By BBRStaffWriterCA Bancorp, a Canada-based merchant bank, has entered into an agreement to sell all of its units in the…
By BBRStaffWriterMorgan Stanley Private Wealth Management has hired a team of four investment professionals to serve ultra-high net worth clients…
By BBRStaffWriterVirginia Commerce Bank has chosen Infinex Investments as its new broker-dealer to enhance its offerings of investment solutions. In…
By BBRStaffWriterPFP Group, a UK-based provider of financial planning and wealth management solutions, has selected SEI Investments Company, a US-based…
By BBRStaffWriterBNY Mellon has appointed Lawrence Hughes as new CEO of BNY Mellon Wealth Management. He will report to Robert…
By BBRStaffWriterBank Sarasin, a Switzerland-based private bank, is set to close down its Spanish subsidiary Sarasin Alen Agencia de Valores,…
By BBRStaffWriterState Bank of India (SBI) is reportedly planning to foray into private banking business in partnership with France-based bank…
By BBRStaffWriterUBS has posted a net profit attributable to shareholders of CHF2.2bn, or CHF0.58 per share, for the first quarter…
By BBRStaffWriterMorgan Stanley Smith Barney has appointed Chris Van Aeken as head of international wealth management products and services. In…
By BBRStaffWriterRoyal Bank of Canada (RBC) has launched international investment advisory and full-service securities brokerage office in Barbados, as part…
By BBRStaffWriterCredit Suisse has opened a new Bahrain branch, located at the World Trade Centre in Manama and appointed Khaled…
By BBRStaffWriterING Bank (Switzerland) has merged into Bank Julius Baer following the closure of acquisition on 14 January 2010.
By BBRStaffWriterBarclays Wealth has appointed Henry Fischel-Bock as head of London, International Private Bank EMEA.
By BBRStaffWriterCredit Suisse has appointed Edmond Carton as head of ultra high net worth individuals (UHNWI) segment for the Middle…
By BBRStaffWriterBarclays Wealth, the global wealth management division of Barclays, has appointed three senior bankers to its South Asia team…
By BBRStaffWriterTroubled by the US tax evasion probe, Swiss bank UBS is planning to restructure its US wealth management operations…
By BBRStaffWriterAxis Bank, an India-based private sector lender, in association with Geneva-based Banquee Privée Edmond De Rothschild Europe (BPERE), is…
By BBRStaffWriterOversea-Chinese Banking Corporation (OCBC Bank), a Singapore-based financial services group, has acquired Singapore-based ING Asia Private Bank and its…
By BBRStaffWriterAs part of building its platform and presence in the Australian market, Morgan Stanley Smith Barney, a global provider…
By BBRStaffWriterBarclays Wealth, a global wealth management division and an advisor of UK-based finanical group, Barclays, has hired Anthony Valvo…
By BBRStaffWriterEncore Bank, a subsidiary of Texas-based Encore Bancshares, has appointed James Lykes as senior vice president, manger and Scott…
By BBRStaffWriterUBS has strengthened its business in South Asia with the appointment of Vinay Gandhi as managing director and country…
By BBRStaffWriterTo offer one stop banking solution for Jordanian expatriates in Qatar
By BBRStaffWriterTo lead the development and expansion of defined payoff savings solutions
By BBRStaffWriterAlso appoints four new relationship managers to strengthen the team
By BBRStaffWriterTo offer wealth management services and investment solutions to high net worth individuals based in the Gulf Cooperation Council
By BBRStaffWriterTargets CHF15 billion of annual profit before tax over the next 3-5 years
By BBRStaffWriterTo offer financial advisory services to high net worth individuals
By BBRStaffWriterTo address the need for independent and unbiased wealth management solutions for investors
By BBRStaffWriterBy adding State Street Wealth Connect solution that provides access to services for the high net worth market
By BBRStaffWriterProvides Macquarie with an established and growing Canadian wealth management platform
By BBRStaffWriterNet revenues for the quarter were $8.7 billion, compared with $5.4 billion in the second quarter
By BBRStaffWriterRiding on the acquisition of Wachovia, which is adding value to its customers across the North America
By BBRStaffWriterMove expands RBC wealth management's advisor services platform
By BBRStaffWriterTHe private bank to work collaboratively with the banks affiliate retail brokerage, Umpqua investments, to offer a integrated approach…
By BBRStaffWriterTo capitalise on the growing need of small and mid-sized hedge funds and investment advisers
By BBRStaffWriterTo further develop technology offering and ensure its hedge fund clients have the latest tools
By BBRStaffWriterTo build a national franchise serving a cross-section of industries that will include consumer, distribution, education, healthcare, industrial, manufacturing,…
By BBRStaffWriterTo coordinate the development of its fixed income client portfolio management capabilities
By BBRStaffWriterHarris also hired two wealth management professionals in the greater Phoenix area
By BBRStaffWriterHas acquired 100% shares of PrimaVest for a total of THB101 million
By BBRStaffWriterPNC Managed Investments provides various investment advisory and overlay services including acting as a program sponsor
By BBRStaffWriterContinues to provide principle fund administration and securities services with a new five year arrangement
By BBRStaffWriterCiti provides with independent hedge fund valuation and administration services
By BBRStaffWriterThe transaction with Protium is expected to clean some of the mark-to-market risks it faces and may reduce the…
By BBRStaffWriterGlobal custody services include performance measurement, compliance monitoring, investment administration and accounting
By BBRStaffWriterTo help customers manage financial risk associated with a range of business transactions
By BBRStaffWriterThe new joint venture has been started in partnership with several Wilmington business leaders
By BBRStaffWriterTo serve hedge funds and asset managers seeking a combination of prime brokerage capabilities and securities services
By BBRStaffWriterTo access and trade Indian interest rate risk via underwriting and distributing government bonds as well as trading in…
By BBRStaffWriterPackages the loans directly into securities which can be purchased by capital markets participants like Deutsche Bank, providing a…
By BBRStaffWriterTo produce additional regional research that will facilitate an understanding of the fast growing emerging markets
By BBRStaffWriterBNPP IP acquired 49.96% of Fund Channel, to create an European provider of fund distribution services
By BBRStaffWriterFor the Term Asset-Backed Securities Loan Facility (TALF)
By BBRStaffWriterMr. Edwards was recently US deputy chief investment officer for the KBC AIM hedge fund
By BBRStaffWriterTo provide derivatives collateral management services via its DM Edge platform
By BBRStaffWriterTo bring long-term profitability and growth
By BBRStaffWriterBy appointing three senior bankers
By BBRStaffWriterThe US-based bank wants to captalise on the opportunities and merger and acquisition deals coming in the region
By BBRStaffWriterCredit Suisse has so far raised $40 million for the fund from institutional and private discretionary clients
By BBRStaffWriterTo build market leadership, grow the business and provide clients with value-added solutions
By BBRStaffWriterUBS clients can appeal to a Swiss tribunal before their account information is handed to US tax collectors
By BBRStaffWriterMr. Thompson makes a return as head of Software Banking in Tech & Telecom
By BBRStaffWriterAppointed Navneet Singh as country executive for India and chief representative of the company
By BBRStaffWriterDecides to maintain a cautious stance with a conservative approach to funding and capital
By BBRStaffWriterWants to concentrate on core markets and reduce risks
By BBRStaffWriterBoth appointments are effective September 1, 2009
By BBRStaffWriterLooks to expand firm's alternative investment solutions for financial advisors with Mutual Funds of Hedge Fund Strategies
By BBRStaffWriterTo offer asset management services and manage all aspects of family wealth, including generational wealth planning, investment, fiduciary, trust…
By BBRStaffWriterTo meet the complex risk and credit requirements of clients
By BBRStaffWriterTo operate under a single entity for more streamlined organizational structure and provide administrative and cost benefits.
By BBRStaffWriterPlans to create two new joint ventures, one in Greece and another in Switzerland
By BBRStaffWriterThis platform features a detailed picture of a client's financial position.
By BBRStaffWriterUBS arrangement with Abacus will include joint marketing to investors as well as research collaboration with its quantitative research…
By BBRStaffWriterEven though the joint venture began well ahead of its schedule, integrating information technology systems is going to take…
By BBRStaffWriterGFB seeks to utilise BNYMs resources to develop a long and mutual beneficial partnership.
By BBRStaffWriterThank you for subscribing to Private Banker International