Tag:
Private Bank
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Latest Headlines
New Web site aims at wealthy kids of Citi clients
Citi's (NYSE: C ) launch of a new test Web site designed for the offspring of wealthy clients is a testament to the entrepreneurial skills of Amy Butte, former CFO of the NYSE. She started a firm called Tile in 2008 with funding from friends and family. The idea was to start a site to teach chi
Is private banking on the way back?
A lot of banks sense high growth in the wealth management industry, which seems to have stoked the market for private banking. There was once a day when only the very rich could boast a private banker. That genteel era is not necessarily being recreated for merely high net worth clients, but there
Hedge fund manager hit by fraud
Remember Guy Wyser-Pratte? He ran Bache's arbitrage unit for something like 20 years before striking out on his own. He's still a well-known activist investor, especially in Europe, where he has really ruffled feathers. But he's in the New York Times for a different reason: his JPMorgan Chase
High net worth customers can't get enough of alternatives
We've noted the long-running debate about whether the accreditation requirements for hedge fund investors ought to be lowered. For many the rules strike a paternalistic note: The non-wealthy can't comprehend the risks. That has galled many over the years in part because they think most of the publ
