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.
Wealth and Asset Management
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.
10/02/2018
ABAX rebrands to Ocorian
African trade and business expansion experts, Abax Corporate Services (ABAX), renamed Ocorian following buyout
09/28/2018
The woman behind Nedbank's private banking
Zoganas holds 29 years' experience in the banking sector, and her vast expertise makes her a knowledgeable mentor to future leaders in the industry.
09/27/2018
Old Mutual shareholders to get $3.5 bln from Nedbank spin-off
Old Mutual holds 52 percent of Nedbank and after the spin-off on Oct. 15 will hold around 19.9 percent, it said in a statement.
09/26/2018
World Finance announces winners of Wealth Management Awards 2018
The organisations recognised by the World Finance Wealth Management Awards 2018 have not only been able to do so, they’ve also helped the industry overcome a number of emerging challenges.
09/19/2018
Absa’s pan-African strategy for high net worth customers
Absa had decided to have a good offshore wealth offering.
09/19/2018
Sasfin clocks R10bn in offshore assets in 7 years
Diversification strategy pays off amid lacklustre SA returns.
09/14/2018
Absa set to woo Africa’s super-rich
Bank to roll out in-country wealth and investment solutions.
09/10/2018
Absa Wealth appoints Societe Generale for Wealth International client value proposition
This deal also demonstrates the ongoing investment and our long-term commitment to the Securities Services business in the UK” comments Bertrand Blanchard, Country Head for SGSS UK.
09/07/2018
Wealthy Kenyans invest more in foreign funds
International mutual funds or overseas funds are portfolio of equities, bonds, and money market securities traded in foreign market.