10/13/2013
Investec offshore unit sale to Salamanca nears
The pair are thought to be close to signing a deal for the transfer of the business, which could be announced as soon as Sunday
Wealth and Asset Management
10/12/2013
Owner of fund management firm ranked second richest African
The billionaire owner of a Bermuda-based fund management company has been named as the wealthiest man in South Africa and the second-wealthiest in the entire continent.
10/08/2013
SA loses dollar millionaires in rand’s roller-coaster ride
The Credit Suisse Research Institute today released its fourth annual Global Wealth Report 2013
10/06/2013
Many more African billionaires than previously thought
Ventures Africa Launches Most Comprehensive 'Africa Rich List' Ever Compiled
10/01/2013
Virtual FinFair: Bringing Independent Wealth Advisors Together … Virtually
On November 6, 2013, a world first will take place.
09/26/2013
Global wealth management: banks’ panacea or failing dream?
It’s not clear whether they’re based on differences in opinion about future growth in emerging markets
09/26/2013
Allianz unveiled the fourth edition of its "Global Wealth Report"
Allianz unveiled the fourth edition of its “Global Wealth Report”, which puts the asset and debt situation of private households in more than 50 countries under the microscope.
09/25/2013
Luxury South African properties attracting overseas buyers
British buyers are particularly attracted to luxury resort areas such as Gondwana Game Reserve
09/24/2013
Barclays Wealth Said to Plan to Exit Nations on Cost Cut
“The wealth management landscape continues to evolve at pace,” Peter Horrell, Barclays chief executive officer of wealth and investment management, said in a statement.
09/23/2013
Leading Swiss private bank to exit wealth management for some countries
The move, affecting countries such as Angola, Turkmenistan and Belarus, is part of efforts to save 150 million Swiss francs in the wealth management unit, the Tages Anzeiger daily reported on Tuesday.
09/12/2013
Growing Wealth Lets SA Make Both Ends Meat
It takes only a drive through Sandton or the cliff-clinging mansions of Clifton to see how the growing wealth in South Africa is manifesting itself.
09/10/2013
Jonathan administration orders 53 gold-plated iphones worth N662mn-British Company
British luxury products company, Gold and CO, has revealed that it has an order from the Nigerian government to deliver 53 customised gold iphones for the celebration of the next independence celebration.
09/09/2013
World's Ultra Wealthy Population Reaches All-Time Record
Growth in North America and Europe, Asia Rebounds while Latin America Slips In Inaugural Wealth-X and UBS World Ultra Wealth Report
09/04/2013
Banks Relationship Managers Spending Less Time With Clients: PwC survey
The Cost of Relationship Managers is the highest in a private bank's cost base, but ironically RMs are actually spending less time with clients.
09/04/2013
Nigerian Investors to Arrive in 7 Private Jets
A high-powered delegation of Nigerian investors is expected to fly in today to join the three-day state visit of President Goodluck Jonathan.
09/03/2013
About 35,000 Global Bank Employees May Face EU’s Bonus Curbs
The workers facing the EU rules, which would cap bonuses at twice annual pay, include 23,450 bankers in the U.K.
08/29/2013
Investment One Acquires Nigfund From Fidelity
The Bank's transfer of the fund management right and responsibilities is in compliance with Central Bank of Nigeria policy which directed all banks to divest from their non-core financial services.
08/28/2013
RBC Posts Record Profit of $2.3-billion, Hikes Dividend
Royal Bank of Canada’s profit soared to new heights in the third quarter as the bank reported record earnings of $2.3-billion.
08/27/2013
Commission is the foundation for extending financial advice to South Africa's poor
Financial advisers who use the Old Mutual Wealth platform will have to negotiate a fee-for-service with their clients.
08/26/2013
Old Mutual has big plans for its wealthy clients
We have sourced the capability in terms of the information technology required