All articles by Valentina Romeo

Valentina Romeo

Capital gains tax charge to be added on UK properties

From 6 April 2015, a capital gains tax (CGT) charge will be introduced on future gains made by non-residents selling UK residential property, according to the UK Government’s Autumn statement.

Emirates NBD Asset Management partners with Jupiter Asset management

Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD is partnering with Jupiter Asset Management to work on its global public funds.

Brian Binder joins Deutsche Asset & Wealth Management

Deutsche Asset & Wealth Management has appointed Brian Binder as managing director and president of the DWS Funds and Head of Fund Administration in the US.

ASPB to represent Swiss private banking

Geneva’s Private Bankers will be replaced by the Association of Swiss Private Banks (ASPB) from 1 January 2014, with Christoph B. Gloor serving as the Chairman of the new association, the group announced today.

Charles Stanley to poach Barclays Wealth managers and open Cardiff office

Just three weeks after Barclays announced plans to slash 100 private banker jobs, Charles Stanley is already in talks to acquire an undisclosed number of Cardiff-based Barclays investment managers, with plans to open new office in the Welsh capital.

Exclusive: Barwa Bank – Rapid success

Following PBI analysis on Islamic finance and a country survey on the UAE, Valentina Romeo interviews Steve Troop, CEO of Qatar-headquartered Barwa Bank, to find out how the debut of the private banking division has been and how the bank is set to satisfy highly demanding clients.

ECM unveils multi asset credit strategy/ Fixed income must work harder: ECM

Defensive fixed income must work harder and use a more flexible approach, Henrietta Pacquement, lead portfolio manager at asset manager ECM, said at a briefing in London today.

Julius Baer’s AuM up 31%, but margin drops

Assets under management (Aum) at Julius Baer increased by 31% in the third quarter of 2013, but gross margin dropped dramatically after Merrill Lynch’s transfer.

Exclusive: Abu Dhabi could soon equal Dubai

Despite Dubai being the favourite financial hub for both banks and investors in the UAE, the emerging offshore banking centre in Abu Dhabi could become just as prominent, ABN AMRO’s country executive, Rob Broedelet, exclusively told Private Banker International.

High hopes for private banking in the UAE

The 2009 market crash in Dubai sent ripples of alarm across the UAE. No longer was the gulf state invincible. However, the rapidly growing wealth generated in the country is increasingly improving prospects. Valentina Romeo looks closer at international banks competing for the wealthier investors in a more challenging environment.