Search Results for Credit Suisse
Standard Chartered To Buy Morgan Stanley's Indian Wealth Unit
May 20, 2013
Morgan Stanley has agreed to sell its Indian wealth and management unit to Standard Chartered Bank following a strategic review, adding to the US firm's recent sale of its Europe, Middle East and Africa wealth management business. A spokesperson for Standard Chartered told WealthBriefing that the deal would add "significant" value to the business, increasing assets under management by 25 per cent. Terms of the transaction were not disclosed and the sale is expected to be completed by the end of 2013, Morgan Stanley said in a statement.
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Summary Of Latest Private Banking, Wealth Management Results
May 17, 2013
Here is a summary of results from private banks and other wealth management firms in North America, Asia, Europe and other locations. Note that not all the institutions are exactly comparable and may report their wealth management business in different ways. The figures may be revised at a later date as more figures come in.
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Jupiter Fund Gains New Lead Manager
May 16, 2013
UK-listed Jupiter has promoted Mike Buhl-Nielsen to lead manager of the Jupiter Europa Sicav fund, after him having worked as deputy manager since 2011. Buhl-Nielsen adopted his new role on 1 May, and took over the present deputy manager Stephen Pearson, who is also the firm’s deputy chief investment officer. The duo have worked closely together since Buhl-Nielsen joined Jupiter in 2006 as a European hedge fund analyst, providing Pearson with analytical and fund management support.
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Summary Of Latest Wealth Management, Bank Results
May 10, 2013
Here is a summary of results from private banks and other wealth management firms in North America, Asia, Europe and other locations. Note that not all the institutions are exactly comparable and may report their wealth management business in different ways. The figures may be revised at a later date as more figures come in.
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Deutsche Bank Adds New Chief Country Officer
May 8, 2013
Deutsche Bank, Germany’s largest bank, has appointed Philip Lee as chief country officer for Singapore and vice chairman for South East Asia, with effect from 8 July. Lee will take over from Ronny Tan as Singapore chief country officer, however Tan will continue with the bank as vice chairman, Singapore, having played an important role in the development of the bank's Singaporean franchise for 12 years, the firm said. Lee was previously with JP Morgan from 1995, where he most recently held the roles of senior country officer, Singapore, and chief executiv.
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Wealth Firms Falling Short In Standing Apart From Rivals In Asian Market - Report
May 8, 2013
Wealth management firms have been only “partially successful” in differentiating themselves from rivals in the hunt for high net worth individuals’ custom, a new study shows. The stakes are high for businesses aiming to win a slice of the Asian wealth pie. Asia’s 3.
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Summary Of Executive Moves In Global Wealth Management - April 2013
May 7, 2013
UK Barclays appointed Kenneth Warnock as portfolio manager in its wealth and investment management division in Edinburgh. Warnock joined Barclays from Alliance Trust in Edinburgh. He previously worked for Premier Fund Managers, Jupiter Fund Management and Johnson Fry.
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Barclays Names New Director For Middle East, North Africa
May 1, 2013
Barclays has appointed Marc Hakim as director for its wealth and investment management division in the Middle East and North Africa. He will be responsible for developing and servicing high and ultra high net clients in the region, the bank said in a statement yesterday. Hakim joins from Swiss private bank Julius Baer, where he was executive director for the Middle East region.
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Net Revenues Dip Slightly At Private Banking, Wealth Arm Of Credit Suisse In Q1
April 24, 2013
Credit Suisse said today that its private banking and wealth management arm logged net revenues of SFr3. 303 billion ($3. 49 billion) in the first quarter of 2013, a 5 per cent year-on-year fall, while pre-tax income stood at SFr881 million.
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Don't Panic Or Sell Assets Over Avian Flu Worries, Says Credit Suisse
April 23, 2013
The recent outbreak of avian flu in China has dampened investment sentiment towards Chinese equities. While not providing an investment recommendation in anticipation of a further spread of the disease, Credit Suisse examines lessons learnt from the deadly Severe Acute Respiratory Syndrome (SARS) epidemic in 2003, which infected 8,096 people and claimed 774 lives worldwide. In its recent Research Weekly Asia report, titled “Avian flu: Lessons learned from SARS in 2003”, the private banking arm of Credit Suisse said the recent outbreak of avian flu in China has cooled the i.
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Guest Comment: Will The UK's General Anti-Abuse Rule Do What It Claims?
Laurence Field and Tim Norkett
May 8, 2013
EXPERT VIEW: The Upcoming New European Union Regime On Alternative Funds
Christian Wells
May 8, 2013
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Mustafa Hussain
April 11, 2013
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