This news service is looking at a variety of topics that collectively come under the title of "protecting the client". In coming days we'll explore a range of issues that explore what advisors and organisations to do protect people's interests, going beyond money and taxes.
UBP said its operating costs rose last year amid some investments, while its result included the sale of real estate property and a $14 million figure paid to the US as part of the US/Swiss Bank Program to regularise past issues over offshore accounts.
A cut in costs helped trigger a large rise in the profit figure for UBS in the fourth quarter of last year although results were mixed in some ways, with a cost-income ratio at the global wealth business standing at over 80 per cent.
The new appointee will concentrate on serving Singapore's UHNW population, a segment that private banks are competing over.
The US banking and investment group reckons that there is plenty of life yet in the US equity market, and others besides, even after more than a decade of a rally in stocks. Valuations are expensive in certain areas, but history teaches that the price of buying earnings is not always a worrying sign.
There appears to be a consensus emerging that this year is not one for taking aggressive bets when choosing equities, bonds and other parts of the investment jigsaw puzzle. Another financial firm shows how much risk it is willing to take this year.
The latest senior moves in wealth management from across Asia. ...
Australia has not just been beset by devastating fires, it has also suffered a series of blows to its banking industry, some of which are self-induced. Westpac has been accused of failings over money laundering ...
This news service is looking at a variety of topics that collectively come under the title of "protecting the client". In coming days we'll explore a range of issues that explore what advisors and organisations ...
The firm decided to encourage staff to donate and diverted the money earned from a day's trading towards relief efforts in Australia following the devastating forest fires that have hit the country in recent wee...
The investment organisation has named the person who will take up the CEO slot in three years' time once the current occupant of the role moves to replace Patrick Odier as senior managing partner. ...
After a momentous year for politics and financial services in jurisdictions such as the US, Britain, Hong Kong and France, we take a chance to reflect on what the wealth management story has been and what is in ...
This is a list of the topics the editors of this news service are tracking over the coming 12 months. It is revised regularly. ...
Here is the latest video discussion from ClearView. ...
The latest discussion focuses on the ever-present issue of anti-money laundering. ...
Here is the latest video discussion from this news service. ...