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Evercore Wealth Management has gathered $1.5 billion in assets under management since setting up in November 2008, and has set a target of $5 billion by 2015. In an interview with Private Banker International, chairman and CEO Jeff Maurer said...
(Free) Genspring Family Offices is looking to extend its reach across the Atlantic through acquisitions or partnerships with multi and single family offices in Europe.
(Free) Family Office Metrics, a US-based consultancy that advises single-family offices on converting to multi-family offices, has gained its 100th client.
(Free) Rothschild Private Bank has hired Nandu Patel from Morgan Stanley as a managing director – its third hire from the Wall Street bank in two weeks.
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Sports professionals and entertainers are known as a potentially lucrative community in wealth management because of the rapid growth in salaries in recent decades.
Credit Suisse could eclipse UBS as Switzerland’s largest wealth manager in assets under management by the end of this year if it maintains its current rate of growth, according to Morgan Stanley analyst Huw van Steenis
Africa is likely to be the slowest-growing region measured by wealth generation in the coming years, but there are some pockets of the continent which are being targeted by private banks.