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
St James Place looks to expand into Asia
St James Place (SJP), a UK-based investment manager, is looking to expand into the Asian market this year with an acquisition of Henley Group.
Wilmington Trust expands New Jersey team
Wilmington Trust, a US-based wealth advisory firm, is expanding their team in New Jersey to eight members.
Walker Crips launches Welsh office
Walker Crips, the UK-based wealth and investment manager, has launched Walker Cambria, a new brand to offer services designed for the Welsh market.
HSBCs global private banking drops 81%
HSBC Global Private Banking’s profits in 2013 fell a staggering 81% compared to the previous year, dropping from $1,009 million to a mere $193 million.
First Republic bolsters team with new hires
First Republic Bank, a leading private bank and wealth management company, have hired two experienced financial advisors, Richard Grande and Alphonse Antonitis.
Exclusive: The incoming family office boom
Family offices are the seldom seen little brother of the private banking world. While they play an important role for high net worth individuals and families, their form of wealth management is largely unrepresented in areas of the world. However, with the rise in wealth in emerging markets, added with the increasing level of distrust towards larger private banks, family offices are set to hit a peak in their popularity.
Lombard Odier set up risk-based approach
Lombard Odier has launched a new risk-based, multi-strategy investment approach to provide private clients with robust returns.
Lloyds back in the black
Lloyds Banking Group has moved back out of the red as they recorded a pre-tax statutory profit of £415 million for 2013.
Exclusive: HNWI Analysis: Financial Services
PBI has drawn on WealthInsight’s research to analyse a specific industry which plays a major part in driving high net worth wealth creation. This month, PBI looked at financial services in Singapore, Spain, Sweden, Canada and Australia.
SGPB revenues rise 19% in 2013
Société Générale Private Banking’s year revenue for 2013 hit EUR 858, a 19% rise from the same period last year.