10/29/2013
Barclays sees adjusted profit before tax fall by 20% to £4.9bn
Investment Bank income was down 7%
Wealth and Asset Management
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.
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