Managers of Wealth Americas

US retail banking groups are harmonizing UHNW business

The US wealth management market benefits from the vast scale of many industries that are global leaders, including the pharmaceutical, aerospace, technology, and defense industries.

Islamic wealth industry grew 15pc-20pc over the past decade

The Islamic funds industry has grown sharply over the past decade thanks to the growing number of institutions structuring products as Shariah-compliant alternative investments.

Citigroup to Let Managers Take Stakes in Its Hedge Funds as Volcker Looms

Havens and Chief Executive Officer Vikram Pandit, 55, are seeking to replace the company’s cash in CCA with funds from outsiders as regulators draft the Volcker rule’s final language.

Bank of America CEO gets no bonus and a salary freeze

The bank is holding Moynihan’s salary at $950,000, said the person, who spoke on condition of anonymity because the Charlotte, North Carolina-based bank hasn’t yet announced his pay package.

Stifel reports 16th consecutive year of record net revenues

For the year ended December 31, 2011, the Company reported record net revenues of $1.42 billion, which represents the 16th consecutive year of record net revenues.

A $2 billion, 69-year-old Merrill Lynch advisor passes up the gold watch in favor of breaking away

They will open their office at the end of this month in Milford, Conn., and three support staff members will join the group, which manages about $2 billion in assets.

RBC lashes out at Moody's over credit review

Royal Bank of Canada lashed out at Moody's Investors Service a day after the ratings giant announced a review of 17 international banks, including RBC, because of their exposure to stormy global financial markets.

Credit Suisse Private Banking Introduces "Strategic Philanthropy: Guide to Evaluation"

It includes four issue briefs that illustrate how evaluation has been used for different program areas, as well as case studies of how different philanthropists have chosen to incorporate evaluation in their work.

Multi-Family Office Wins PAM Award For Best Client Service

Harris myCFO offers strong dedication to advocacy in client wealth matters independent advice, and a transparent fee model.

Institutional wealth manager to acquire SIBT's trust operations outsourcing unit

The acquisition represents a continuation of the strong growth RIS has experienced over the last seven years. The transaction is expected to close on March 31, 2012.

I think I love you - so what's your net worth?

Decades of pop culture have cemented the notion that love conquers all – including money.

Credit Suisse Named Best Private Bank Globally

Euromoney is a leading publication for the global banking and capital markets communities.

US Family Office tops wealth survey‎

The Euromoney Private Banking and Wealth Management Survey was first published in 2004, and is recognized as one of the leading benchmarks for the industry globally. The survey uses a peer ranking methodology.

Warren Buffett: gold has no value

Berkshire Hathaway chairman and famous investor Warren Buffett has dismissed gold as a "valueless asset".

Swiss Bank Wegelin Charged in U.S. With Aiding Tax Evasion

The indictment follows charges filed Jan. 3 against three Wegelin bankers accused of conspiring to help U.S. clients hide more than $1.2 billion in assets from American tax authorities. Wegelin announced on Jan. 27 that it agreed to a sale to Switzerland&

Wealth and Asset Management