Banking & Private Wealth Management Blog

UBS has completed most of cost savings in wealth management:

UBS has completed most of the cost savings at its flagship wealth management division with around 400 positions eliminated, …

ASIC Permanently Bans Brisbane Advisor

The Australian Securities and Investments Commission has permanently banned a Brisbane-based advisor from providing financial …

Demand grows for private banking as banks shut down branches - but are you rich enough to qualify?

Branded gold bars, a 24-hour concierge, or simply a black card to flash and impress at the bar. Welcome to the world of private …

Wealth Manager Names MD For New Client Segment

RBC Wealth Management in the UK has promoted Ben Taylor to the role of managing director of the newly-created segment of wealth …

NBK awarded ‘Best Private Banking Services’ in Kuwait

National Bank of Kuwait (NBK) has been awarded the “Best Private Banking Services for 2017” in Kuwait, in Global Finance’s …

Uncovering hidden gems in the Middle East

The rise of a new generation of entrepreneurs across the Middle East is creating optimism that the various local economies …

Global banking regulators postpone approval of new rules

Global banking regulators on Tuesday postponed the approval of new capital rules designed to avert a repeat of the financial …

Credit Suisse Makes Senior Management Changes

Switzerland’s Credit Suisse has announced several new appointments in its Singapore country management team including a change …

Edmond de Rothschild’s Euro chief exits after one year

Edmond de Rothschild has announced the appointment of Bernard Coucke as CEO to take over from Marc Grabowski, who spent just …

HSBC should stand trial in tax fraud case: French prosecutor

Paris: A French prosecutor has called for British banking giant HSBC to stand trial for enabling French clients to hide more …

RAK Ruler receives HSBC’s MENA region CEO

His Highness Shaikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Tuesday received Georges …

Indonesia terminates JPMorgan partnerships after downgrade

Jakarta, Singapore: Indonesia’s government said it terminated all business partnerships with JPMorgan Chase & Co after the …

Australian, Canadian Regulators Sign Fintech Agreement

The Australian Securities and Investments Commission and the Ontario Securities Commission have signed an agreement supporting …

Societe Generale's Asset, Wealth Arm Sees Record-Breaking AuM In Q3

Societe Generale’s asset and wealth management arm reported a record €118.9 billion ($131.6 billion) of assets under management …

Wealth Managers In Asia Face Challenge From Investors' Bad Habits - Study

Wealth managers in Asia – excluding Japan - face a challenge from investors who expect to make high returns but have poor …

A shake-out in fund management 'will set trillions of dollars in motion'

The North American asset management industry is on the brink of a “once-in-a-generation” shift.

That’s according to a new report …

HSBC Private Bank Makes Senior Asia Appointment

HSBC Private Bank has appointed Shang-Wei Chow as a market head, domestic (Singapore) team, recently, leading industry publication …

Abu Dhabi Global Market Launches Regulatory Lab

Abu Dhabi Global Market has launched a regulatory laboratory in light of a fintech-focused legislative framework that took …

Nick Kalikajaros 2017