All articles by PBI Editorial
PBI Editorial
ADS planning launch of wealth management arm
ADS, a $400 million trading firm based in Abu Dhabi, is in early stages of setting up a wealth management business next year, targeting high net and ultra high net worth clients located in the Gulf region.
Plurimi expands team with two new wealth managers.
London-based wealth management and investment advisory firm Plurimi has bolstered their team with the appointment of two new wealth managers.
UBS adjusts asset allocation for 2014
The CIO of UBS’ wealth management arm foresees rising global growth in 2014 and beyond, especially in equities and credit, writes Patrick Brusnahan.
Exclusive: Rising fears of Singapores overcrowded banking system
As Singapore strives to topple Switzerland’s top place in being a private banking hub, a lawyer has warned the risks of the city-state being too overbanked, writes Caroline Ng.
Exclusive: Could the United States lose its championship title?
The global economic crisis, the most significant downturn since the Great Depression, greatly affected the financial sector worldwide, both financially and reputably. Five years later, the United States looks to be recovering, but is it enough to ward off competing markets or to regain the high net worth population’s trust? Patrick Brusnahan and WealthInsight look at the current state of private banking in the US and the troubles that may lie ahead.
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Exclusive: ABN AMRO in talks to set up art fund
ABN AMRO is in preliminary discussions to set up its first art fund, said sources involved in the process, writes Holly Parmenter.
Swiss private banks to decide on US tax program
Swiss financial regulator FINMA is pressing the nation’s private banks to decide if they will join the voluntary US tax disclosure program or risk costly prosecution for American tax evaders, writes Caroline Ng
Julius Baer acquires Middle East branches
Julius Baer has expanded its presence in the Middle East by gaining Merrill Lynch’s International Wealth Management arms in Lebanon, Bahrain and the UAE writes Patrick Brusnahan.
Two former Barclays investment managers launch firm
David MacNeil and David Ridland, both formerly investment managers at Barclays Wealth and Investment Management, have founded Castlebay Investment Partners located in Glasgow.
JP Morgan senior level changes
JP Morgan has revealed the appointments of Olivier de Givenchy as the bank’s U.S. West Region head and Faraj Saghri as the head of the private bank for the UK and Nordics.