All articles by PBI Editorial

PBI Editorial

UAE: Strong growth market for HNWIs

The UAE is one of the largest wealth hubs in the Middle East and presents a growing opportunity for the wealth management and private banking industry. A recent WealthInsight report looks into the trends of wealthy individuals in the UAE in a review from 2010-14, and provides forecasts for growth in the period up to 2019

People Moves: March 2015

This month, Tidjane Thiam has moved from Prudential to take up the position of CEO at Credit Suisse, and former Morgan Stanley CFO Ruth Porat is now Google’s finance chief. Here are all the people moves that have recently made news

Berenberg staying strong on its business model

In the current digital age, Germany’s Berenberg still prioritises the personal touch as a key feature of its services, according to bank’s global head of private banking, Dr Peter Raskin. Valentina Romeo and John Schaffer find out more

RBS finalises sale of Coutts International to UBP

Royal Bank of Scotland (RBS) has agreed to sell Coutts International to Union Bancaire Privée UBP SA (UBP), after numerous months of negotiations.

Julius Baer completes successful transfer of clients from Leumi private bank

Zurich-headquartered Julius Baer has successfully transferred Bank Leumi’s private banking clients, after an acquisition announcement was made in July 2014.

Investec raises allocation to alternative investments

Investec Wealth & Investment (IW&I) has raised its allocation to alternative investments, as it believes less correlated investments will provide greater opportunity over the next 18 months.

Millionaire numbers in the Middle-East set to grow

Wealthy individuals are increasing their demands on wealth managers as the number of millionaires continue to rise in the Arab world. A WealthInsight report, authored by Dr Roselyn Lekdee, examines the growth in the Gulf area and the best practice for private banks. John Schaffer investigates the findings

Industry experts comment on the UK 2015 Budget

The UK Chancellor of the Exchequer, George Osbourne, released details of the 2015 Budget 18 March, amid the run up to this year’s UK general election

Julius Baer hires two senior level managers from Barclays Wealth

Julius Baer has expanded its coverage in the north west of England with two senior level hires from Barclays Wealth.

Julius Baer uses AxiomSL platform for Basel III reporting

Zurich- headquartered Julius Baer has partnered with AxiomSL, a provider of regulatory reporting and risk management solutions, for regulatory and reporting purposes