HSBC Mexico's Christian Lafiandra said staying in close contacts with clients helped boost the firm's AUMs during the pandemic.
StepStone’s business responding to retail and institutional demand for alternatives
October 20, 2021 by
Luis Perezcano, StepStone’s senior advisor expects to issue another Afore dedicated CERPI and a fifth series of its private-banking product in the short term.
Santander PB to acquire USD 4.3b Miami wealth biz of Indosuez
March 17, 2021 by
"We want to keep growing our business – especially in geographies where we see major commercial potential like the US," said Santander's Víctor Matarranz.
Wells to exit international wealth business before end of 2021
January 8, 2021 by
The decision to leave markets in Asia and Latin America reflects regulatory and other constraints facing Wells in the wake of its fake account scandals that have cost it billions of dollars.
Julius Baer names UBS Mexico alum to coordinate Latam investment solutions
April 7, 2019 by
Polidura will operate from the Zurich offices of Julius Baer, which recently reinforced its activities in Mexico by increasing its global share in NSC Asesores to 70%.
Citi Private Bank seeks to assist FOs in protecting wealthy families’ privacy
November 9, 2018 by
"Without a global standard for privacy protection in a progressively digital world, it is becoming increasingly complex for our clients to safeguard the privacy of wealthy families," says Citi's Edward Marshall.
Andbank bids to be among Argentina’s first licensed global investment advisers
January 9, 2018 by
Andorran private bank Andbank, already active in Mexico and Brazil, wants to be operational in Argentina in the first half of 2018, said Carlos Moreno, the firm's head of the Americas.
New advisory designation marks resumption of private-banking activity in Argentina
September 28, 2017 by
While local companies can fit into this category, it is expected that foreign banks that left the country due to lack of legal protections will try to make landfall again in Buenos Aires. To do this they will have to open offices in the country and register as an AAGI.
HSBC channels Andean and Central American wealth clients to UBS
September 17, 2017 by
As part of a streamling, HSBC’s Peter Boyles announced that the bank expects up to 40 employees to be offered positions at UBS. Clients will be referred to UBS’s Wealth Management Americas division.
BNP Paribas Brazil makes string of hirings to beef up wealth team
July 19, 2017 by
Rogerio Santos, who has passed through HSBC, Votorantim, BankBoston and Cititbank, was named BNP's commercial superintendent for wealth management. Five other hires were made to beef up the wealth management area.
