The prosecutors of a former UBS employee accused of stealing client data and selling on to German tax authorities are seeking a four year prison sentence. [...]…
$26bn Schwab TD Ameritrade mooted deal wows market November 22, 2019 Verdict Staff China wealth managers allowed to buy shares for first time
The China Banking and Insurance Regulatory Commission (CBIRC) has allowed China wealth management subsidiaries of domestic commercial banks to invest directly in Chinese shares for [...]…
DBS plans five year wealth expansion in the Middle East
DBS is planning a five-year expansion in the Middle East after signs that a growing number of wealthy individuals from the region are looking to [...]…
REYL & Cie to acquire Öhman Bank Luxembourg
Swiss bank REYL & Cie acquires Öhman Bank Luxembourg, the Luxembourg subsidiary of Swedish financial group Öhman Group. The family-owed Öhman Group offers fund management and [...]…
Richard Fuld is rebuilding his career in wealth management 10 years after Lehman’s
Richard (Dick) Fuld was the last CEO of Lehman Brothers prior to its collapse ten years ago on 15 September 2018. After years of avoiding [...]…
LGT registers 15% rise in H1 profit
LGT, the private banking and asset management group owned by Princely Family of Liechtenstein, has reported a group profit of CHF174.8m for the first half [...]…
Why Hong Kong wealth management matters
The Hong Kong Wealth Management industry is quite an important one. After all it manages about $800bn in private client assets. Why Hong Kong wealth [...]…
Robo-advisers UK: the top players and what they offer?
Robo-Advisers based in the UK appeal to many investors, but why? Generation X and millennials are more dependent on technology than any generation ever before [...]…
VP Bank H1 net income drops 7%
VP Bank Group, a Liechtenstein-based private bank, has reported net income of CHF29.3m for the first half of 2018, a fall of 7% compared to [...]…
TP ICAP to establish post-Brexit EU base in Paris
TP ICAP the interdealer broker has decided to open its EU headquarters in Paris in response to Britain’s departure from the European Union. The decision [...]…
