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Liechtenstein private bank increase income despite AUM outflow 08:08 GMT
Vaduz, Liechtenstein-based VP Bank Group has reported net income of CHF 20.0 million for the full year 2014.

Another look at RBS private banking activities: Yes, there is a very good commercial case for selling Coutts International 08:08 GMT
Fears that Royal Bank of Scotland’s (RBS) decision to fold the former RBS Wealth Management into a new Commercial and Private Banking (CPB) division would have significant financial reporting implications appear to have misplaced. Unlike the case at Barclays, RBS has provided a full private banking income statement as well as comparative data to help assess its performance relative to other divisions at the bank.

Succession Group completes thirteenth acquisition 03/03/2015
Succession Group, the wealth management advisory arm of Succession Holdings, has acquired Cassidy Coutts Donald and Partners Limited (Cassidy Coutts).

Barclays Wealth and Investment Management UK growth offset by other market exits 03/03/2015
Barclays Wealth and Investment Management has made “significant” progress in its transformation process, according to a statement issued as part of the ban’s full year 2014 results.

The Rothschild alternative for private client investors 03/03/2015
RIT Capital Partners, the London-listed investment company chaired by Lord Rothschild, would appear to provide UK-based private investors with a better ready-made alternative to the services of discretionary portfolio managers.

GAM Holding AG profits drop in 2014 03/03/2015
GAM Holding AG has seen underlying pre-tax profits drop to SwFr 216.7 million, down seven percent from 2013.

Challenger boutique appoints chairman and CIO 02/03/2015
Richard Algar’s Artorius Wealth has nearly completed its hiring spree.

EFG shows advisers how to become CHF 1 million earners 02/03/2015
EFG International has set plans aggressively to grow its workforce of client relationship officers (CROs) this year, but is recruiting only under demanding performance criteria.

London-based private investment offices rebrand following merger 02/03/2015
andAire and Lord North Street, two London-based private investment offices which merged in 2014 (see thewealthnet 20/03/2014), will henceforth operate and trade as an integrated business under the Sandaire Investment Office moniker.

EQ recruits from Quilter Cheviot and Bestinvest for new private client service 02/03/2015
John Spier's wealth management firm names its private client and charities team ahead of May launch.

 
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