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StanChart making noise in Africa

StanChart making noise in Africa

Africa had the third-highest growth rate among high net worth individuals in 2009 and has a booming commodities industry, but its onshore market remains largely untapped by private banks. Marianne Hay discusses Standard Chartered’s African push and its 'strategy refresh'

 

Latest Headlines

Kedge Capital turns to global asset management

(Free) Kedge Capital, the firm managing the investment portfolio of the Bertarelli family in Jersey, has hired BNY Mellon Asset Management’s vice chairman to build a global asset management franchise

Extension of UK pay rules to hit asset managers

The UK Financial Services Authority proposes to extend its banker pay and bonus rules to include more than 2,500 firms.

Wealth managers score poorly with female clients

Women feel undervalued as a wealth management client segment with almost a quarter (24%) saying wealth managers could significantly improve how they serve women, according to a study from Boston Consulting Group (BCG).

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Latest Features

Flavel to build JP Morgan Asian arm

Flavel to build JP Morgan Asian arm

Former Standard Chartered private banking head Peter Flavel is to join JP Morgan as chief executive of its Asian private wealth business as the US bank shifts its focus to high net worth clients.

Fiduciary duty in US reform spotlight

Fiduciary duty in US reform spotlight

President Obama’s Financial Reform Bill is set to create a myriad of ripple effects across the US banking system. Charles Davis reports on potential fiduciary impacts for wealth managers

31 July deadline for PBI Awards

31 July deadline for PBI Awards

The nomination deadline for the 2010 PBI Global Wealth Awards has been extended to 31 July; find out more about the 17 awards and how to nominate your organisation for the accolades

 

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