All articles by Patrick Brusnahan
Patrick Brusnahan
Patrick is a senior reporter working on GlobalData's consumer finance titles. You can reach him at patrick.brusnahan@verdict.co.uk
Pictet expands emerging market bonds funds
Pictet Asset Management has launched its Pictet-short term emerging corporate bonds fund, a Luxembourg-domiciled UCITS compliant fund which will expand its range of emerging market bonds.
Brewin Dolphin pre-tax profits hit £29.7 million
London-based wealth manager Brewin Dolphin saw its pre-tax profits increase by more than 25% to £29.7 million in the six months to the end of March.
Exclusive: Indian millionaires set to almost double under new regime
A new report from PBI’s sister company WealthInsight has found that Indian millionaires are expected to grow at a rate of 34.2% to 358,057 HNWIs by 2018. Not only will there be more HNWIs in the market, the amount they posses will increase by 43.7% to more than $2 trillion.
SGPB appoints investment strategy head
Société Générale Private Banking (SGPB) has hired Alan Mudie as its head of investment strategy.
Analysis: Switzerland’s centuries-old banking secrecy comes to an end
Banking secrecy has been struck another blow by the OECD’s Declaration on Automatic Exchange of Information in Tax Matters. Perhaps its most surprising participant was Switzerland. Patrick Brusnahan speaks to leading industry figures to investigate how the changes will impact one of the world’s oldest banking traditions
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Julius Baer expands London management team
Julius Baer International has hired Massimo Luca Hilber as their head of relationship management in the UK. Based in London, Hilber will report to Adam Horowitz, CEO of Julius Baer International.
Close Brothers’ assets rise 4%
Close Brothers Asset Management saw its assets under management (AuM) rise by 4% in the last quarter, from £9.3 billion to £9.6 billion.
BNP Paribas rebrands its positioning
BNP Paribas Wealth Management has launched its new brand positioning to consolidate its position as a global wealth manager.
Citi names family office head
Citi Private Bank has appointed William Woodson as its head of the North America Family Office Group and managing director.
Credit Suisse pleads guilty to aiding tax evasion
Credit Suisse have pleaded guilty in helping thousands of Americans evade taxes and accepted a fine of $2815 million (CHF 2510 million).