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Showing 341 - 350 of 498 results for "Private Bank"

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 ...

HNW clients give brokers the 'thumbs down'

MELANIE TIMBRELL  |  FRIDAY, 10 AUG 2012
... most highly by HNW individuals, brokers failed to alter their operating models to reflect this reality, CoreData's Private Bank Intelligence Unit found. In a focus group of HNWIs with $2 million plus in investable assets, and an online satisfaction survey ...

Investing in Asia conference opens for business

ALEX DUNNIN  |  THURSDAY, 2 AUG 2012
Australian institutional investors wanting to gain a toehold in the Asian market or learn more about how the funds management market works in the region have only a few weeks to register for the Australian Centre for Financial Studies' Investing In ...

Julius Baer, BOC in private wealth JV

MELANIE TIMBRELL  |  FRIDAY, 27 JUL 2012
Swiss private bank Julius Baer has announced a strategic partnership with the Bank of China in an aim to secure better access to Asia's growing class of ultra rich. As part of the deal, the Bank of China (BOC) has sold its Swiss unit to Julius Baer ...

Tyndall AM restructures distribution

MELANIE TIMBRELL  |  WEDNESDAY, 25 JUL 2012
Tyndall AM has restructured its distribution and product development functions to increase focus on the institutional and intermediary markets, including creation of a private wealth business. As part of the change Matt Russell, previously head of institutional ...

Offshore tax havens bank $32tr: report

BEN COLLINS  |  MONDAY, 23 JUL 2012
A recent report has found that ultra high net worth people around the world may be holding as much as $32 trillion in offshore tax havens, depriving governments worldwide of as much as $250bn in tax revenues every year. The report's author told the ...

Goldman Sachs focuses on HNW with private bank

MELANIE TIMBRELL  |  FRIDAY, 20 JUL 2012
Goldman Sachs is building out its private bank from the US to target wealthy clients in a number of locations including Europe. Agence France-Presse reported that David Viniar, chief financial officer for the bank said the in-house private bank was ...

Regulation biggest concern for SFOs

MELANIE TIMBRELL  |  THURSDAY, 5 JUL 2012
... concern for single-family offices in terms of risks to managing investments, according to a survey from J.P. Morgan Private Bank. A poll of 125 single family offices (SFO), each with more than US$100 million in assets under management, revealed 23% were ...

AMP infra fund buys into Indian energy

BEN COLLINS  |  WEDNESDAY, 6 JUN 2012
The AMP Capital Asian Giants Infrastructure Fund has acquired a significant minority stake in Indian clean energy company Shalivahana Green Energy Limited for approximately US$29 million. Based in Hyderabad India, Shalivahana Green Energy Limited (SGEL) ...

Aus investors over-reacting on Euro fears

MELANIE TIMBRELL  |  THURSDAY, 31 MAY 2012
Australian investors are being swept up in the fear surrounding the European credit crunch, but local sentiment may be over-reacting as markets are already pricing in the worst-case scenario, according to a number of researchers. "We're more hostage ...