StanChart launches unified account for NRIs
Standard Chartered has launched a new unified account aimed at making it easier for non-resident Indians (NRIs) in the…
ByStandard Chartered has launched a new unified account aimed at making it easier for non-resident Indians (NRIs) in the…
By ThomasMcMahonPrivate banks in Asia are overlooking key segments while they chase ultra-high-net-worth individuals (UHNWIs) and are missing out on…
By ThomasMcMahonNorthern Trust has consolidated management of its divisions serving UHNW clients and family offices in the US and EMEA…
By ThomasMcMahonThe growing global technology sector is a game changer for family involvement and the way fortunes are founded and…
By ThomasMcMahonBSI Group, the private bank belonging to the Generali insurance group, saw net new money inflows rise by 8.8%…
By ThomasMcMahonGlobal wealth continues to shift to Asia, but London and New York are likely to remain the most important…
By ThomasMcMahonThe Little Book of Wonders offers 16 lifestyle sections such as sport, philanthropy, literature and style and will offer…
By ThomasMcMahonCoutts has been slapped with its biggest ever fine from the UKs Financial Services Authority (FSA) for serious, systemic…
By ThomasMcMahonChina Construction Bank (CCB) has reported a sharp rise in the number of HNW clients it handles. The bank…
By ThomasMcMahonDeutsche Banks head of private wealth management, Pierre de Weck, will stand down from the banks group executive committee…
By ThomasMcMahonMerrill Lynch Wealth Management is expanding the range of online services it offers clients on a number of portable…
By ThomasMcMahonSwiss private banking group Mirabaud is to set up a new business unit in Spain, Mirabaud Sports, Art &…
By ThomasMcMahonA crackdown on stamp duty and tax avoidance measures in this years UK budget could make wealthy non-doms think…
By ThomasMcMahonRoyal Bank of Canadas (RBC) wealth management armis to buy the Latin American, Caribbean and African private banking business…
By ThomasMcMahonBarclays has rebranded its private banking, investment and corporate businesses, which will from now on all operate under the…
By ThomasMcMahonRaymond Baer is stepping down from his position as chairman of Swiss private bank Julius Baer, and will lead…
By ThomasMcMahonA survey last autumn of the sentiment of 2,700 affluent Asians with an average $1.4m assetsin nine markets showed…
By ThomasMcMahonA private banker at Standard Chartered has been arrested in China over allegations against a wealthy client. Wu Yidian…
By ThomasMcMahonPwC Switzerland and banking software company Avaloq will collaborate to help clients comply with Foreign Account Tax Compliance Act…
By ThomasMcMahonA new legal entity making it easier for family members to manage offshore trusts has been passed into law…
By ThomasMcMahonSocit Gnrale Private Banking (SGPB) has launched a new offering for UHNW entrepreneurswho have a holding company or a…
By ThomasMcMahonThe UK Financial Services Authority (FSA) remains concerned that private banks and the wealth management industry may be mis-selling…
By ThomasMcMahonMorgan Stanley has received a wholesale banking licence in Singapore, signaling a reorganisation and expansion of its Asian private…
By ThomasMcMahonJulius Baer has opened a representative office in Tel Aviv, moving into Israel for the first time The office…
By ThomasMcMahonMorgan has announced the launch of the JP Morgan Family Offices Solutions Team in Europe, Middle East and Africa,…
By ThomasMcMahonBased in Hong Kong,Vohra will drive the delivery of the Banks wealth management strategy by leading the build out…
By ThomasMcMahonFrench financial regulators launched disciplinary proceedings against Socit Gnrale last September, following an investigation into its private bank, the…
By ThomasMcMahonEFG International has sold its remaining interest in hedge fund manager Marble Bar Asset Management, as the group continues…
By ThomasMcMahonRothschild Wealth Management has named Jon von Planta and Riccardo Petrachi co-heads of its private client business in Zurich,…
By ThomasMcMahonSwitzerlands Union Bancaire Prive (UBP) has signed a deal to acquire alternative investment manager Nexar Capital Group, saying the…
By ThomasMcMahonBarclays Wealth believes there is a 40% risk that politicians will continue to muddle through poorly in their approach…
By ThomasMcMahonMorgan has appointed Peter Gabriele head of investments for private clients in Europe, Middle East and Africa (EMEA) Based…
By ThomasMcMahonUBS has appointed Eva Lindholm as the new head of ultrahigh net worth (UHNW) Europe, recruiting her from JP…
By ThomasMcMahona fall of 10.3%, with Joachim Straehle CEO of Bank Sarasin, describing the overall result as very modest. Assets…
By ThomasMcMahonTotal estimated compliance costs for private banks in the UK equated to 47% of the sectors profits in 2010,…
By ThomasMcMahonBarclays Wealth has extended its wealth advisory services to clients in Monaco as part of its increased focus on…
By ThomasMcMahonWealth management firm Kaiser Partner has highlighted the relevance of the Liechtenstein Disclosure Facility (LDF) for UK individuals in…
By ThomasMcMahonAltaira Middle East has been licensed by the Central Bank of Bahrain to perform Category three activities.A Category 3…
By ThomasMcMahonAssets under management (AUM) at Bank of Singapore a subsidiary of OCBC Bank rose by 19% in 2011, ending…
By ThomasMcMahonNordeas Nordic private banking business generated a net inflow of 100m ($131.8m) in assets under management for 2011 representing…
By ThomasMcMahonSingapore is expected to fully embrace the more traditional family office model, according to a report written by Richard…
By ThomasMcMahonFranco Morra has been appointed to succeed Alexandre Zeller as the CEO of HSBC Private Bank (Suisse) In addition…
By ThomasMcMahonCommonwealth Bank of Australias (CBA) income from private banking rose to A$128m ($137.3m) in the second half of 2011…
By ThomasMcMahonBNP Paribas reported asset inflows of 3.5bn ($4.58bn) in private banking as at 31 December 2011, up 9.4% compared…
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