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Showing 171 - 180 of 251 results for "Private Banking"

Julius Baer buys Merrill Lynch wealth

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Swiss private banking group Julius Baer will acquire Merrill Lynch's International Wealth Management business outside the United States from Bank of America. It's understood Julius Baer paid 860 million Swiss francs for the acquisition, which is expected ...

Julius Baer, BOC in private wealth JV

MELANIE TIMBRELL  |  FRIDAY, 27 JUL 2012
... As part of the deal, the Bank of China (BOC) has sold its Swiss unit to Julius Baer and will refer clients with private banking needs outside mainland China to the Zurich-based bank. Julius Baer has been expanding aggressively in Asia over the past six ...

Aus investors over-reacting on Euro fears

MELANIE TIMBRELL  |  THURSDAY, 31 MAY 2012
... "We're more hostage to Europe only in a sentiment and financial market sense," said David McDonald, Credit Suisse Private Banking head of strategy and research Australia. "When we get up and see a Spanish bank's gone broke, everyone thinks the world ...

Mercer builds adviser reach

MELANIE TIMBRELL  |  TUESDAY, 22 MAY 2012
... Mercer has increased its adviser reach following ANZ's appointment of the provider to its Australian Wealth and Private Banking businesses. ANZ's move to Mercer has the potential to push the provider up a spot to number four in terms of market reach ...

Research: Australian private banks fall behind

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
... additional 31.9% had used a private banker in the past despite not using one at present. Of those currently in a private banking relationship, more than 50% considered themselves only "loosely bound," a direct reversal from five years ago when more than ...

Australian finance sector jobs plummet

MELANIE TIMBRELL  |  TUESDAY, 17 APR 2012
... Singapore and China, the research found, while sector recruitment in Singapore remains largely driven by demand for private banking relationship managers. Regulatory reporting is another area of demand in Singapore with banks seeking experts in Basel ...

Investment complexity on the rise for UHNW clients

MELANIE TIMBRELL  |  MONDAY, 27 FEB 2012
... Banker, Credit Suisse has named its integrated strategy encouraging cross-divisional co-operation between the Private Banking, Investment Banking and Asset Management teams as a key success factor. "Where we've been successful is ensuring the Australian ...

Head of Bank of Melbourne Private appointed

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
... Private in Victoria. "Jonathan has a proven track record in wealth management. In particular, he has a strong private banking background, strategic financial advisory expertise and a deep understanding of wealth management and the needs of high net worth ...

Credit Suisse: Aus second highest average wealth in the world

CLAIRE MCGREAL  |  THURSDAY, 20 OCT 2011
... overtaken the EU to become the largest single region for wealth in the world at US $118 trillion. Head of research for private banking and asset management Giles Keating said that Australia easily had the highest wealth per adult in the Asia Pacific ...

Spring lands CBA wealth head role

MATT WOODINGTON  |  FRIDAY, 16 SEP 2011
... Commonwealth Bank's new head of wealth management, replacing Grahame Petersen who will now lead the business and private banking division. Spring, currently the group head of strategy, will take over as group executive wealth management on October 1 ...