The objective of a wealth management entity is to manage clients’ assets by professionals in the sector (private bankers, wealth managers, financial advisors…). Once a certain amount of wealth is reached, it is wiser to entrust it to such a professional in order to make it as profitable as possible. Wealth management has many advantages,…
In order to grow and earn more, every candidate should develop their personal branding. When you do so, your value in the market increases and companies start seeing you differently, as more experience and more skilled. Nowadays, personal branding is very important. In fact, it’s a necessity and the best way to prove that…
The SEC will allow US brokers to continue bundling execution and research payments for another three years. In October of 2017, the SEC published a ‘no-action letter’, stating that American firms did not need to actively adhere to MiFID II’s unbundling guidelines. This letter was due to expire in July 2020. This latest statement by…
KBL European Private Bankers appoints Yves Stein new group CEO, «Yves Stein has been appointed group CEO by KBL European Private Bankers, taking over from Jacques Peters, the Luxembourg based financial provider. Stein was previously CEO of Union Bancaire Privée (Europe) in Luxembourg, and earlier was director general of Private Banking at BNP Paribas (Switzerland).…
The bank played down the prospects of a US recession and believes the time to buy risk assets is nearly here. JP Morgan Chase has said we are nearly at the point to buy equities market after the sharp August sell-off. The advice conflicts with that of fellow investment banking giant UBS, which told clients on Friday…
120 banks from 60 countries around the world entered this year’s Global Private Banking Awards. The winners of each category and those highly commended by the 15 judges are listed below Best Global Private Bank UBS Wealth Management Highly Commended: Citi Private Bank Best Private Bank in Asia UBS Wealth Management Best Private Bank in Europe…
HSBC Private Bank has agreed to refer its clients in Monaco to CFM Indosuez Wealth Management as it prepares to wind down its presence in the country. HSBC will shut down the remainder of its Monaco business after alternative arrangements have been made for any clients who do not transfer to CFM. The move is a…
EXCLUSIVE: Julius Baer Hires Ex-Barclays W&IM Managing Director Julian Cooper, a former managing director at Barclays Wealth & Investment Management, has joined Julius Baer International as senior client relationship manager. Cooper, based in London, left Barclays Wealth & Investment Management earlier this year after 23 years there. During his time at Barclays, he led the entrepreneurs team and served…
Lombard International Outlines Global Growth Plans A number of reports have highlighted that the growth of the global high net worth market has fueled demand for life insurance products, particularly among individuals and families with complex estate and tax planning needs. One player in the space that has cropped up frequently in recent months is Lombard…
Falcon Private Bank COO Joins Avaloq Avaloq, the provider of wealth management technology, has appointed new leadership for its Swiss business process outsourcing centre. Tobias Unger, the chief operating officer and deputy chief executive of Falcon Private Bank, will join Avaloq in October as CEO of Avaloq Sourcing in Switzerland and Liechtenstein. Unger joins after six years…
