11/23/2018
Investec banks on client base
New CEO Fani Titi says he is not interested in changing the culture at SA’s leading private banker
Wealth and Asset Management
11/23/2018
Absa planting seeds in London
By the end of 2017, Barclays had reduced its shareholding in Absa to 14.9% from 62.3%.
11/22/2018
Citadel says pressure on asset management fees will increase
Most of Citadel's funds are actively managed, particularly the multi-asset solutions that offer currency hedges.
11/21/2018
Carrick Wealth launches ‘pioneering’ programme for advisers
Cape Town-based Carrick Wealth yesterday announced the launch of its Departure Enrichment Agreement (DEA), a programme that it believes will benefit the wider financial services sector.
11/19/2018
Investec braces for backlash over leadership shake-up
Hendrik du Toit’s move to executive chairman of AM unit raises governance red flags
11/16/2018
Stanbic Uganda Launches Wealth Value Proposition
This is the reason we are integrating Wealth across our range of financial services so that we can offer Universal Banking and Financial Services solutions more holistically and seamlessly from a single point of contact.
11/14/2018
Schroders expands footprint in South Africa
After a positive reception from local investors we are very pleased to be expanding our team in the country.
11/12/2018
SA gets new Swiss bank
Depending on which source you use, South Africa has about 40 000 high-net-worth individuals, defined as having more than R10 million in assets
11/08/2018
Julius Baer to Lure Wealthy South Africans With New Office
The physical presence in Johannesburg will allow Julius Baer to offer fully licensed investment advice to private clients in South Africa
11/07/2018
Credit Suisse pulls out of South Africa in global shift
Credit Suisse's website says it has office in approximately 50 countries and lists Johannesburg as its only sub-Saharan African location.
11/05/2018
Nedbank partners with Ecobank to offer wealth management services in West Africa
The initiative of Nedbank which owns 21% stake in Ecobank occurs in the context of an inclination of giants of the banking industry towards expansions in West Africa, a region which has been experiencing strong economic growth.
11/05/2018
Billionaire buys a majority stake in TymeBank
Patrice Motsepe buys a majority stake in TymeBank
11/01/2018
Tony Elumelu Bags Three Nominations On African Economic Merit Awards
Elumelu owns a controlling interest in Transcorp
10/30/2018
Some tailwinds in store for attractively priced Quilter
Quilter's share price is down 18% on the London Stock Exchange and 14% on the JSE since it listed on June 25
10/26/2018
Lombard Odier brings blue-blooded private banking to SA
The 220-year-old, Swiss bank was recently awarded a category one licence from the Financial Sector Conduct Authority
10/19/2018
SGG Group Voted Best Fund Administrator in Africa for Private Equity for 2018
The judging panel consists of experienced professionals who have a good knowledge of the fund industry in Africa.
10/19/2018
Maitland launches multi-family office in South Africa
Cross-border specialist wealth service likely to appeal to those needing international estate planning.
10/19/2018
Julius Baer eyes acquisitions in Middle East and Africa as part of growth plans
The Swiss private bank says there’s clear evidence of wealth creation and growth in the region
10/18/2018
Global wealth up 4.6% to US$317 trillion
Credit Suisse Research Institute publishes ninth edition of the Global Wealth Report
10/12/2018
Tax, Fiduciary and Philanthropic Requirements in 60 Countries - RESEARCH
A similar report was first produced by the two organizations in 2015.