All articles by PBI Editorial
PBI Editorial
Chairman of Charles Schwab in $12.58m share sale
Charles R Schwab, chairman of Charles Schwab Corp., the US-based company operating in the financial services sector, has sold 500,000 shares, representing 0.0388% stake in the company.
Exclusive: Insights into Philanthropy
Philanthropy is not a trend; it is a fundamental part of most affluent people’s financial and non-financial activities. With the volume of HNWIs across the world rising, the global philanthropic sector is poised for long-term growth. Increasingly, HNWIs are focusing more on the impact of their contributions rather than just being concerned with cash and gift donations. Additionally, most global HNWIs are new wealth holders, rather than gaining wealth through heredity.
Exclusive: Hong Kong’s wealthy continues to grow
Hong Kong’s millionaire population is expected to grow strongly over the next five years, with figures forecasting a growth rate of 45.7%to reach over 339,000 millionaires by 2017.
Top 10 Trends in Wealth Management 2014
In 2014, the three C’s -costs, complexities, and clients -will continue to forge change in and refocus the global wealth management landscape. This business sector is changing, potentially radically, and outdated and overstretched business models are in the midst of significant revamps. In particular, the biggest international wealth managers are continuing to reposition their global footprints in order to drive efficiencies and increase their focus on sustainable and profitable markets.
What does the future hold for next generation technology?
In an eight-page special Private Banker International sits down with 11 senior executives to host a hard-hitting debate surrounding multiple channels, devices and social media choices increasingly becoming available
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Exclusive: DBS in ‘advanced talks’ to acquire SocGen Asia private bank
DBS Group Holdings is in ‘advanced talks’ to takeover Société Générale’s private bank in Asia according to a source close to the process.
RiverPeak expands senior wealth team
Former Banque Havilland director of private banking, James Powell, has joined new wealth management firm RiverPeak Wealth as managing director.
IT problems delaying risk assessment at big banks
Delays have struck regulators, due to IT problems, as they assess risk at thirty of the world’s biggest banks.
UBS grabs near 10% stake in Ashcourt Rowan
UBS Investment Bank has purchased over two million shares in Ashcourt Rowan to take their stake in the company to nearly 10%.
Brooks Macdonald to acquire Levitas
Brooks Macdonald Group, a UK based wealth management group, have signed an option to acquire Levitas Investment Management Services.