11/04/2013
Absa simplifies its structure
ABSA, a subsidiary of Barclays Africa Group, has simplified its structure by combining its wealth, asset management, stockbroking and investment management platforms under one umbrella.
Wealth and Asset Management
11/04/2013
Luxury Brands Turn Attention to Africa
Africa's growing middle class has expensive tastes and research by Bain & Company suggests that luxury goods sales will increase by 11% this year - demonstrating the continent's potential for upmarket goods.
11/03/2013
HSBC's profits surge 30% driven by Hong Kong and UK
The bank's home markets of the UK and Hong Kong were responsible for more than half of the group's profits.
11/03/2013
Barclays Africa to Combine Wealth, Asset Management Businesses
Barclays Plc’s South African unit plans to combine its wealth, asset management, stock broking and investment administration businesses.
10/31/2013
SA’s wealthy among most giving in world
The global economic crisis had knocked South Africa’s giving, cutting the percentage of those ready to dip into their pockets from 2010’s 94% to 91%.
10/30/2013
Investec triumphs in global awards
It was the first time in the event’s history that South Africa was invited to join the survey
10/29/2013
Barclays sees adjusted profit before tax fall by 20% to £4.9bn
Investment Bank income was down 7%
10/28/2013
UBS profit beats forecasts, sees more litigation charges
UBS’s third-quarter adjusted¹ profit before tax of CHF 484 million achieved in a challenging environment
10/22/2013
Societe Generale develops its private banking offering in Morocco
Societe Generale thus aims to capitalise on its businesses to provide its Morocco-resident clients with a full range of tailor-made banking services, investment and financial advisory and wealth management know-how."
10/22/2013
ABN AMRO to Close its Office in Botswana
ABN AMRO Bank N.V. will close its office in Botswana, which currently includes a team of four employees from the bank's international diamond and jewelry group
10/18/2013
How to manage risks and grow family wealth
Wealth owners have come to associate risk with volatility.
10/16/2013
Mauritius-based Foreign Investors Face Tougher Norms
Foreign institutional investors funds and other entities which invest in India via the Mauritius route will soon have to meet additional regulatory norms to prove that they are 'controlled and managed in Mauritius'.
10/15/2013
Salamanca Group Acquires Investec Trust
The business will be run as a stand-alone division, and will be re-branded Salamanca Group Trust Services.
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
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.