Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...
28 May, 2026, 07.22 PM IST
Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report showsHong Kong has surpassed Switzerland as the world's top global booking center for cross-border wealth, reaching $2.95 trillion. This shift i...
27 May, 2026, 09.51 AM IST
Citi to boost Asia wealth business with 'significant' hires, global head saysCitigroup is focusing its global wealth management hiring on Asia. The region's private bank is growing faster and is more productive than ...
22 May, 2026, 02.41 PM IST
'More AI, fewer bankers': CEO of US' largest bank JP Morgan Jamie Dimon's remarks hint at a shift in Wall Street trendJPMorgan Chase CEO Jamie Dimon suggests artificial intelligence will significantly reduce jobs at the bank. The company plans to hire more ...
22 May, 2026, 02.24 PM IST
HSBC names Gautam Anand to lead Global India private banking unitHSBC has appointed Gautam Anand to lead its global India private banking division, aiming to bolster cross-border services for affluent cli...
29 Apr, 2026, 10.05 AM IST
Delhi CA reveals client with Rs 11.4 crore net worth, including 20–22 plots, asked for Rs 15,000 discount; says 'such clients exist'Delhi-based chartered accountant’s recent post on X, detailing a Rs 11.4 crore net worth client requesting a fee discount, has sparked wide...
06 Apr, 2026, 12.41 PM IST
Bank of America offers art consulting to wealthy clients as collectors increase loans demandConsulting firm Deloitte estimated in its latest annual report on the art market that ultra-high net worth clients held around US$2.56 tr...
18 Feb, 2026, 10.52 PM IST
Standard Chartered Bank opens specialised branch to cater to high net worth individuals in MumbaiStandard Chartered Bank has opened a specialised branch in Mumbai for affluent and high net worth individuals. The bank plans to target aff...
22 Oct, 2024, 04.27 PM IST
HDFC Bank taps retail bankers as wealth managers amid talent crunchHDFC Bank is tackling a talent shortage in its wealth management sector by recruiting retail bankers from within and outside the organizati...
21 Aug, 2024, 09.03 AM IST
State Bank of India forms a team of 2,000 bankers to attract the rich clientsState Bank of India, the largest lender in the country, made a renewed push into wealth management. By deploying 2,000 executives as relati...
06 Aug, 2024, 01.22 PM IST
Swiss watchdog scrutinises UBS vetting of wealthy Credit Suisse clients, sources sayThe Swiss financial regulator entered into a back and forth with UBS over filters and "know your client" rules, a set of procedures that ba...
30 Jul, 2024, 12.11 PM IST
UBS seeks to hire several private bankers to serve India’s richUBS is aiming to create more products to compete for managing the wealth of rich Indians. The bank plans to add at least seven relationship...
18 Aug, 2023, 09.46 AM IST
Credit Suisse, UBS among banks in DOJ Russia-sanctions probeThe Justice Department inquiries are focused on identifying which bank employees dealt with sanctioned clients and how those clients were v...
25 Mar, 2023, 12.39 AM IST
Lakshmi Vilas Bank ties with Centrum for its wealthy clientsParthasarathi Mukherjee, MD & CEO, LVB and Jaspal Bindra, executive chairman, Centrum Group have signed a Memorandum of Understanding on Mo...
27 Feb, 2017, 08.09 PM IST
- Banks face integrity risk from soccer sector, Dutch regulator warns
SOCCER-CORRUPTION-BANKS:Banks face integrity risk from soccer sector, Dutch regulator warns
13 Jan, 2017, 01.33 PM IST
- Banks take country roads in search of wealthy clients
Banks are now targeting the rich from smaller towns. The growth in these towns are much higher as markets are under-penetrated though large...
24 Feb, 2010, 05.47 AM IST
- US Justice Department may drop case against Swiss Bank: Report
The Justice Department of America may drop the legal case aimed at forcing the Swiss bank UBS to divulge the names of 52,000 wealthy Americ...
23 Jun, 2009, 07.53 PM IST