All articles by PBI Editorial
PBI Editorial
Citi Private Bank appoints senior banker
Collette Lagueux has joined Citi Private Bank as a senior banker in its UK law firm group and professional services team, said the bank.
Business group moves to create private bank in China
The Shanxi province of China could soon be host to a new private bank, according to media sources. A consortium of private business interests are beginning preparations to start up a bank after China’s latest policy shift.
Co-founder of ACB facing trial in Vietnam’s biggest private bank scandal
Nguyen Duc Kien, a co-founder of Asia Commercial Bank, has been charged by investigators from the Ministry of Public Security for a number of wrongdoings, including extortion, tax evasion, asset appropriation and international breach of state regulations, writes Patrick Brusnahan.
Guernsey and China reach regulatory agreement
The Guernsey Financial Services Commission (GFSC), Guernsey’s official financial services regulator, has signed a memorandum of understanding (MoU) with the Chinese Securities Regulatory Committee (CSRC).
Paragon Bank hires new private banking vice-president
Paragon Bank, headquartered in North Carolina, has hired Salley Griffith as their new vice-president and client development officer.
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Rising assets across the board for RHJI
Wealth management group, RHJ International, released their second trading update for the fiscal year showing a 15% growth in assets under management (AuM) across their wealth and asset management arms.
Edmond de Rothschild to expand into London
Edmond de Rothschild Group is preparing to launch a merchant banking business based in London this week. The Franco-Swiss outfit is hoping to turn London into its fourth major business centre.
UBS Wealth Management strengthens team serving Financial Planners
UBS Wealth Management UK has bolstered its team by poaching six specialists from Deutsche Bank.
Passion investing – Investing for the love of it
Many high net worth individuals (HNWIs) are interested in diversifying their portfolios by investing in collectibles. A collectible is any physical asset that appreciates in value over time due to the fact that it is rare or precious and desired by many.
SVG hire new global equities analyst
SVG Investment Managers (SVGIM), soon to be GVO Investment Management, has appointed James Law as their new global equities analyst for their investment team.