Business Profile: Itaú Private Bank
For four consecutive years now, Itaú Private Bank has won PBI’s award for ‘Outstanding Private Bank – Latin America’. Oliver Williams asks Carlos Albertotti, it’s head…
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For four consecutive years now, Itaú Private Bank has won PBI’s award for ‘Outstanding Private Bank – Latin America’. Oliver Williams asks Carlos Albertotti, it’s head…
By oliverwilliamsNever has wealth management in the Middle East been more urgent. Oliver Williams looks at the future of private…
By oliverwilliamsIn the last of our series of articles looking at the Middle East, Oliver Williams speaks with Farnoush Farsiar,…
By oliverwilliamsArbuthnot Latham says that a change in strategy in attracting new clients this year has resulted in around 40…
By oliverwilliamsJust under half of wealth management clients under the age of 55 "have considered switching, or already switched, wealth…
By oliverwilliamsWinners of the Private Banker International Global Awards were announced on Friday evening at a ceremony in Singapore. The…
By oliverwilliamsOne year ago, the Federal Tax Administration (FTA), the Swiss tax agency, officially started exchanging bank account data with…
By oliverwilliamsBritish asset manager Schroders has launched a new specialist private equity fund designed for HNWIs and professional and qualified…
By oliverwilliamsWhen, last week, Credit Suisse's former head of wealth management, Iqbal Khan, found he was being followed through Zurich…
By oliverwilliamsIn the first of a series of articles looking at wealth management in the Middle East, Oliver Williams highlights…
By oliverwilliamsA report on Tuesday found the total net worth of ultra high net worth individuals (UHNWIs) around the world…
By oliverwilliamsPierre-Olivier Bouée, the chief operating officer (COO) of Credit Suisse, has resigned, with immediate effect, after an investigation found…
By oliverwilliamsGlarner Kantonalbank, a Swiss bank, will close its robo advice service, investomat.ch, at the end of November, citing a…
By oliverwilliamsResearch from the Financial Conduct Authority (FCA) has found that investors in UK-managed equity portfolios have saved £70 million…
By oliverwilliamsHenderson Rowe, a British wealth manager, has formed a partnership with Elivisa Consulting to help clients applying to the…
By oliverwilliamsDBS Private Bank plans to double its assets under management and number of relationship managers it employs in Thailand…
By oliverwilliamsComplex conversations are part and parcel of private banking. But few relationship managers are equipped to deal with them.…
By oliverwilliamsDolfin believes it has found the ultimate solution to marrying technology with the individual service of a bespoke wealth…
By oliverwilliamsCould Caribbean countries now be home to more HNWIs than other island nations? Oliver Williams looks at a region…
By oliverwilliamsUS-based Tiedemann Advisors have announced they will open a new office in Zurich together with Constantia Partners, a Swiss…
By oliverwilliamsThe number of family offices in Asia has increased dramatically as the age of many family patriarchs or matriarchs…
By oliverwilliamsIn the past two months, HSBC and Maybank have both ramped up their wealth management offerings in the Philippines. Oliver…
By oliverwilliamsThe UK and Ireland arm of the American banking giant behemoth is a surprising leader in environmental and social…
By oliverwilliamsThe relationship manager brings more millions through the door than any other marketing means. But as wealth creation slows,…
By oliverwilliamsA spike in geopolitical uncertainty, a fall in HNWI wealth and a rise in the number of countries offering…
By oliverwilliamsMore and more UHNWIs are bypassing traditional investments and instead ‘clubbing up’ with their fellow multimillionaires. Oliver Williams looks…
By oliverwilliamsConsultants and tech advocates have long predicted the wave of redundancies that will accompany the inevitable automation of the…
By oliverwilliamsIt is a fortunate irony that while looking after HNWIs money, private bankers can become a millionaire in the process.…
By oliverwilliamsIn a rebuke to digital wealth management in Singapore, a string of banks have opened new premises for their…
By oliverwilliamsArbuthnot Banking Group, the holding company of British private bank Arbuthnot Latham has announced half-yearly profits before tax of…
By oliverwilliamsLast year Abraaj, a Dubai-based private equity fund with a preference for emerging markets, went into administration. Poor returns…
By oliverwilliamsHybrid is the way forward for wealth management. So concluded the majority of speakers at Private Banker International’s London…
By oliverwilliamsPersonal connections between client and advisor are increasingly important to wealth management firms' profitability according to the 'World Wealth…
By oliverwilliamsPrivate Banker International has joined forces with GlobalData to produce its second annual Global Private Wealth Managers AUM Ranking.…
By oliverwilliamsWealth in Asia is rapidly growing and so are the private banks needed to manage it. About time, then,…
By oliverwilliamsFrench banking group Societe Generale is planning the sale of its UK private banking arm Kleinwort Hambros, Bloomberg has reported.…
The US is home to some of the largest private banks in the world. But which actually are the…
By oliverwilliamsSwiss bank Credit Suisse has come under attack from the UK's shadow chancellor, John McDonnell, for reclaiming £239 million…
By oliverwilliamsThe average portfolio allocation to sustainable investments in Asia has reached 19%, according to a new report from Standard…
By oliverwilliamsA combination of political concerns twinned with the availability of foreign citizenships means that wealth is crossing European borders…
By oliverwilliams"The steady rise in global wealth growth came to a sharp halt in 2018", is the opening line of…
By oliverwilliamsBJP has won another term as the governing party of India. But should investors and HNWIs celebrate the election…
By oliverwilliamsFor over a century and a half since it was founded, Mirabaud was typical of many family-run Swiss banks:…
By oliverwilliamsInvestec Group has closed its online investment platform, Click & Invest, as operating costs at the British and South…
By oliverwilliamsSome of the UK's richest bank owners have lost a collective £1.1 billion of their net worth, according to wealth…
By oliverwilliamsFollowing Private Banker International's second Germany conference at the end of April, and a collapsed merger between two of…
By oliverwilliamsPrivate banks often say they focus on succession planning and engaging the next generation. But do they really have…
By oliverwilliamsPrivate Banker International's second Germany conference took place in Frankfurt at the end of April. Oliver Williams chaired the…
By oliverwilliamsIn a heated annual meeting on Thursday, UBS shareholders voted against the performance of board directors and senior management. Just…
By oliverwilliamsA growing dissatisfaction of private banks is driving more and more UHNWIs to join a family office or set…
By oliverwilliamsActivist investors are putting the pressure on British bank Schroders to reverse a director appointment and cut bonus pay. But…
By oliverwilliamsWith property markets in flux, Private Banker International looks at HNWI property investment as an asset allocation and asks…
By oliverwilliamsMost family offices are either a ‘single’ or ‘multi’. J. Stern & Co. has been both. Oliver Williams talks…
By oliverwilliamsAmidst a European power struggle, a handful of principalities, duchies, dependencies and islands are pulling out the stops to…
By oliverwilliamsInvesting in luxury goods has been a defining trend in private banking as wealthy investors buy up 'tangible' items…
By oliverwilliamsFrequently perceived as an old-world and stuffy, private banks are reinventing themselves to stay relevant for a younger generation. Oliver…
By oliverwilliamsSwiss banking group, Edmond De Rothschild, has named Vincent Taupin as its new CEO, just three weeks after announcing…
By oliverwilliamsEurope has seen the number of wealth management account openings on mobile devices almost double in the past year.…
By oliverwilliamsThe EU has urged member states to cease schemes that provide citizenship or residency in return for investment -…
By oliverwilliamsBritish private bank Arbuthnot Latham recorded a profit before tax of £14.6m in 2018, a 33% increase from the…
By oliverwilliamsLondon-based multi family office Sandaire has announced a new private equity business to serve existing and prospective clients. The…
By oliverwilliamsPrivate banks are not doing enough to help clients that are interested in philanthropy, experts say. Oliver Williams finds…
By oliverwilliamsAs Cheltenham Festival kicks-off today, Private Banker International talks to a bank which with a centuries-old tie to horseracing...…
By oliverwilliamsHigh net worth investors looking to live in the UK will now face tougher tests after the Home Office…
By oliverwilliamsThe global UHNWI population is forecast to grow by 22% in the five years to 2023, meaning an extra…
By oliverwilliamsA new study has found that financial advisors assume female high net worth investors have less control over their…
By oliverwilliamsAs many as 213 Chinese tycoons have lost their dollar billionaire status after poor market performance and the effect…
By oliverwilliamsThe future of private banking in Switzerland is at a critical juncture. The industry faces threats from Europe, competition…
By oliverwilliamsBritain announced on Monday that it has signed a trade deal with Switzerland, in what could be a pre-Brexit…
By oliverwilliamsIndia is facing a contentious election. And China trade tariffs from the US. Is the party over for Asia’s…
By oliverwilliamsWealthy Asian families are opening offices to manage their personal wealth in increasing numbers. Oliver Williams asks why now,…
By oliverwilliamsFollowing the historic defeat of Theresa May's withdrawal agreement to take Britain out of the EU, the likelihood of…
By oliverwilliamsUndeterred by Brexit, many private banks started opening offices in the North of England last year. Oliver Williams investigates…
By oliverwilliamsIn June last year, Maybank announced it was partnering with Nanyang Technological University (NTU) in Singapore to launch a…
By oliverwilliamsBNP Paribas Wealth Management is advising its clients on investments in waste management, as it identifies the sector among…
By oliverwilliamsWealthy Brits might be unlikely to vote for the Labour Party and its leader Jeremy Corbyn in any forthcoming…
By oliverwilliamsWealthy Brits might be unlikely to vote for the Labour Party and its leader Jeremy Corbyn in any forthcoming…
By oliverwilliamsA record number of people attended Private Banker International’s Switzerland conference and awards in December. That meant a diverse…
By oliverwilliamsSales in the global art market reached $63.7 billion in 2017, up 12% from 2016, according to a new report…
By oliverwilliamsThe China Banking and Insurance Regulatory Commission (CBIRC) has allowed China wealth management subsidiaries of domestic commercial banks to…
By oliverwilliamsUltra high net worth families are moving away from traditional succession practices and instead focusing on leadership, family constitutions…
By oliverwilliamsHigh net worth individuals are underserved by Asian private banks according to data compiled by Private Banker International. Oliver Williams…
By oliverwilliamsA bull market has caused wealthy entrepreneurs to flock to equities in the past year, with tech stocks being…
By oliverwilliamsBank of China (BOC) is to become the first of the 'big four' state-owned banks to create a wealth…
By oliverwilliamsWealthy individuals will continue to send their children to be educated in the UK regardless of Brexit a new…
By oliverwilliamsOn Wednesday Malaysian police said that a former Goldman Sachs banker mired in the 1MDB scandal would face extradition to…
By oliverwilliamsNutmeg, the UK online wealth manager, has announced plans to roll out personalised investment advice. The new offering is…
By oliverwilliamsThe UK budget 2018 released on Monday promised an end to austerity cuts, a new digital services tax and…
By oliverwilliamsThe appeal of fintech to HNWIs is simple: It is an efficient and hassle free means for them to…
By oliverwilliamsThe global trust and administration firm Maitland has announced it is launching a multi-family office to service high net…
By oliverwilliamsHigh earning females prefer face-to-face financial advice much more than their male counterparts according to a recent report. Just…
By oliverwilliamsEach of Rupert Murdoch’s children are set to receive at least $2 billion from the sale of 21st Century…
By oliverwilliamsThe Russian billionaire Roman Abramovich has been denied residency in Switzerland after federal police stalled the application process, saying…
By oliverwilliamsThe cost of running a family office stood at an average of $11.4m over the last year, which includes…
By oliverwilliamsWestern European private banks saw record profits pools of EUR 15 billion in 2017, following a disappointing 2016. The…
By oliverwilliamsWeathinsight head Oliver Williams analyses the trade war impact on private banking the effect of Brexit and how banks…
By oliverwilliamsWealthInsight head, Oliver Williams, reviews how multi-family offices (MFOs) are responding to generational and technological challenges. Like other areas of…
By oliverwilliamsLike swallows, HNWIs travel from the furthest corners of the globe to Europe for the summer. But while some…
By oliverwilliamsThe Oxfam scandal has shaken the UK charity sector to its core causing many of its donors to rethink…
By oliverwilliamsLaw enforcement agencies in the UK now have the power to seize the assets of wealthy individuals suspected of…
By oliverwilliamsA host of surveys and studies have revealed that more and more Chinese successors want nothing to do with…
By oliverwilliamsWealthInsight's head Oliver Williams highlights key takeaways from the recent Private Banker International Global Wealth Summit in Singapore and…
By oliverwilliamsHead of WealthInsight, Oliver Williams, explains why private banks should work closely with leading universities to attract new clients,…
By oliverwilliamsThis month data from WealthInsight reveals the universities that have the highest number of HNWI alumni (see the full…
By oliverwilliamsIn a fragmented media landscape, marketing to wealthy audiences is harder than ever. Head of WealthInsight, Oliver Williams, looks…
By oliverwilliamsPrivate banks have gone to lengths to attract wealthy women, yet new data from WealthInsight shows female HNWIs amount…
By oliverwilliamsAt the recent annual PBI London Conference and Awards, the prevailing theme was, once again, the threat and opportunity…
By oliverwilliamsThe boom-years seemed unstoppable. Africa was once the new China. Private wealth was surging and a new entrepreneurial class…
By oliverwilliamsAs the world watches every move (and tweet) of the new Trump administration, they may have not noticed one…
By oliverwilliamsAs Chinas wealthy weigh up the size of their red envelopes the traditional gift presented at Chinese New…
By oliverwilliamsIn what ways will the US election impact the wealthy community? Oliver Williams, head and founding member of WealthInsight,…
By oliverwilliamsThe amount of data accessible to the modern banking industry is compelling, yet can be overwhelming. Head of WealthInsight,…
By oliverwilliamsNearly three months after the UK voted to leave the EU and WealthInsight first wrote of its implications on…
By oliverwilliamsA recent report from WealthInsight has shown that Turkey now has a high net worth (HNW) community of 96,768…
By oliverwilliamsIn light of the UK's vote to exit the European Union, Oliver Williams, head of WealthInsight, assesses the implications…
By oliverwilliamsIts currency is struggling, its infrastructure is underdeveloped and its corruption record recently made headline news in the UK;…
By oliverwilliamsSeveral family offices do not call themselves a 'family office'. This has led to confusion around what being a…
By oliverwilliamsHNWIs will grow at a faster rate in Singapore than in Hong Kong over the next five years, at…
By oliverwilliamsLatest data from WealthInsight this week confirms a widely assumed fact: London is the most popular city in the…
By oliverwilliamsIt could be claimed that, were it not for Russias oligarchs, central London would not be the place it…
By oliverwilliamsWelcome to the monthly instalment of news and views from PBI's sister company, WealthInsight - the leading provider of…
By oliverwilliamsTechnology is often seen as an underappreciated side of private banking. Online banking was slow to introduce during the…
By oliverwilliamsOliver Williams reports that Switzerland is looking to the Middle East, hoping that the strong ties will provide lifelines…
By oliverwilliamsMirabaud Asset Management has hired the former co-head of BlackRocks global emerging markets team to head a long-only UCITS…
By oliverwilliams