News

Citywealth spoke to Jacob Smed, managing director of Intertrust Jersey, about accomplishing tangible results, and being home in time to prepare a family meal.

Mirabaud develops its presence in the UK market with the hiring of two highly experienced employees for its Private Banking and Wealth Management business

Whether you are romantic, naughty or nice Molitor’s specially curated packages put a cheeky twist on Valentine's Day

The clinic says High Intensity Focused Ultrasound (HIFU) heats targeted areas, creating a coagulating effect to the deeper layers of the skin. Acoustic energy is applied to the area you’d like to improve, this reaches the subcutaneous or innermost layer of the skin.

Watch this space: tech funds are bound to continue writing success stories in the world of transformative businesses.

Bringing a taste of Portugal to the City, Bar Douro opens in Broadgate this January

What does 2020 have in store for the wealth management industry?

Corsair completes majority investment in ZEDRA Group

The 12-month red membership box gives unlimited access to a premium concierge service with a full-time dedicated lifestyle manager on call to enhance people’s everyday life

Jo​ë​l Robuchon International has just ​launched two exciting new sites, ​Le Comptoir Robuchon and ​Le Deli Robuchon

Citywealth spoke to Nic Arnold ACA, CTA about her career in the private client tax space and how she helps her clients cut through complexity, make decisions and protect their wealth for generations to come.

In celebration of Burns Night on Saturday 25th January, East London cocktail bar, The Sun Tavern is honouring everything great about Scotland with a special collaboration alongside Craigellachie Whisky

London & Capital has announced the appointment of Guy McGlashan as their new Chief Executive following the death in October of Co-Founder and Managing Director, Daniel Freedman.

A newly expanded spa, stylish pop up yurt and extended range of accommodation, makes Hotel Arlberg in Lech the ideal destination this winter - whether you’re an avid skier or just keen on the apres-ski.

Whether because of Brexit and the threat of a Labour government in the United Kingdom, political uncertainty in the Middle East or the fear of crime in Latin America, high net worth clients are beginning to look at Switzerland with fresh eyes.

This winter treat yourself and your loved ones to an exclusive stay in a Swiss chalet or deluxe hotel, with activities to impress all the family from Michelin-starred dining under the winter sky to a winter cruise on Lake Geneva.

Co-founders Julien Sevaux and Tarek AbuZayyad today announced the launch of Eighteen48 Partners

Private equity has turned into a racing Ferrari at Le Mans, winning through industry consolidation, reducing admin costs and introducing automation. Gone are the days when UHNWs would shy away from private equity as an unknown frontier.

Leaders of two of New York’s foremost matrimonial law practices have reunited to create a boutique law firm advising clients, including celebrities and high-net-worth individuals, on all aspects of family law.

Accuro has appointed Mustafa Hussain to the Board of Directors of Accuro Holdings UK Limited and Jonathan McKay has been appointed to the Board of Directors of Accuro Trust (Switzerland) SA.

Litigation has seen a sharp rise since the credit crunch with beneficiaries questioning their trustees and investment consultants providing context to UHNW clients on investment returns.

Mac & Wild have teamed up with Highland Park Whisky to bring the wildest private dining experience to London this festive season, with the launch of their Land Rover Private Dining Gun Bus

Equiom, the global professional services provider, is pleased to announce the appointment of Gerard Delaney to Chief Commercial Officer

As recent changes to French employment law bring to the fore the challenges of crew employment aboard superyachts, Citywealth’s April French Furnell investigates how owners and managers are adapting to the new regulations.

Deutsche Bank Wealth Management has appointed Gregor Hirt as Global Head of Wealth Discretionary and Marwa Alani as Head of the London Middle East desk.

The Atlantic Hotel, Jersey has announced the return of the acclaimed Eat Jersey Food Festival from Thursday 12th to Saturday 14th March 2020.

Meridian Adventures Sail launch exclusive fleet of catamarans to offer bespoke, immersive journeys in Raja Ampat, Indonesia in 2020

Struggling for gift ideas? Citywealth has compiled the luxury edit of gifts to impress even the most difficult to please.

Germany’s wealthy stay loyal to the local economy and invest their assets close to home

Investors and investment managers who are moving to sustainable finance and wanting to take time doing so, it remains to be seen if Gen Z and the Greta effect will let them do so. If ‘extinction’ rather than sustainability is on the United Nations and social media agenda, it remains to be seen if th

Tripping the light fantastic at 5 star Chatwal New York

Bespoke wildlife travel outfitter Natural World Safaris has announced the launch of new Aperture safaris for 2020, specialist departures for both experienced and budding photographers.

The family office concept has been around for a long time, particularly in the US where the entry level to set them up is drilled down to the affluent population, yet the past decade has seen a significant increase in interest in higher value offices from European, Middle Eastern and Asian families

If you are in the midst of planning your next holiday, take a moment to stop. What impact could your vacation have on the planet?

Great news for Bermuda as blacklisting worries disappear

Submissions are now open for the 2019 ranking. The deadline is 1 November 2019.

The end of summer is in sight, and an activity filled trip to 12th Century castle retreat Castello di Vicarello is an idyllic way to see it off.

Kleinwort Hambros has announced the launch of its Career Returners Programme, an initiative aimed at recruiting experienced private banking and investment management professionals who have taken career breaks of two years or more.

JTC has welcomed three new directors in its private wealth division as part of a 36-strong raft of mid-year promotions across its global network.

In our 60 second interview series, Citywealth speaks to Naomi Rive, group director and head of family office at Highvern Trustees about completing the management-buy-out of Highvern from Coutts in 2016, and demonstrating substance over form to her team.

In a constant endeavour to achieve new horological heights all the while staying true to its jewellery know-how, Backes & Strauss’ Berkeley Renaissance Duke Tourbillon timepieces house the brand’s very first double peripheral tourbillon mechanism.

Launching exclusively in Harrods in September 2019, The Merchant of Venice are expanding their Murano Exclusive Collection Line to include their all-new scent Imperial Emerald created by perfumer Jordi Fernandez.

In our 60 second interview series, Citywealth speaks to Richard Fagan, Director at VG, an independent provider of fiduciary and administration solutions based in Jersey, about being flexible to the ways in which clients want to work and allowing employees to make mistakes.

Gezellig is a serious restaurant with serious wines and serious chefs cooking serious food. The great thing is that they‘ve found a way to counterbalance all of this seriousness with an inviting room and relaxed ethos.

In our 60 second interview series, Citywealth speaks to James Bunker, Director and Head of Property at Vardags about the challenges of advising foreign clients who are unfamiliar with UK property laws, and why the traditional model of buying and selling properties is ripe for transformation.

Ocorian and Estera to merge forming a global trust and fund administration leader

Sette is the first European project from Scarpetta, one of the hottest tickets in town and probably the best Italian in Manhattan‘s trendy NoMad district.

Critically acclaimed, authentic Mexican restaurant, Santo Remedio will launch an interactive dining experience ‘Mesa Santa’ this year.

Citywealth speaks to Analjit Singh about his love affair with South Africa and plans for expansion

The ability to track your entire assets in one place, with two clicks

Transformational retreats of Lu Jong (Tibetan Healing Yoga) are being offered in Mozambique and Seville with two exclusive trips confirmed for 2019 by Bibi Schofield, founder of Malabar Retreats and Dominique Caubel, one of Europe’s leading teachers of Lu Jong.

Kate Maurice, a manager at Dixon Wilson, took home the Tomorrow Club Award at the 2019 Magic Circle Awards. In this interview, Kate provides an insight into her daily life and shares some of her recent accomplishments.

David Savage has joined Stewarts as a partner from SG Kleinwort Hambros Bank where he was the Group Senior Sanctions Officer.

You made it. The summer is finally here. Time to unwind, head off on your travels or plan your staycation. Before you put the all important ‘Out of Office’ on, read our selection of summer must-haves and inspiration

Best known for its private banks for wealthy, international clients, at the end of last year Liechtenstein decided to also become a crypto hub.

Dominic Lawton-Smith has joined Crestbridge in Cayman to focus on ultra-high net worth families and their advisers.

Carrying out due diligence for new clients can be time-consuming and laborious, but automating the process through regtech could be a game-changer, believes Dolfin COO Amir Nabi.

Andrew Sams joins multifamily office from Deloitte UK

In our 60 second interview series, Citywealth speaks to Daniel Freedman, managing director at London & Capital about helping clients through difficult periods, and his passion for fruit which in an alternative world might have seen him become a greengrocer.

26 Days, 15 Golf Courses, 7 Countries, 4 Continents, 1 Private Jet

As a leading global provider of alternative asset and corporate business services, SANNE is pleased to announce the appointment of David Fowler to the role of Country Head − Singapore with immediate effect.

In our 60 second interview series, Citywealth speaks to Emma Woollcott, partner at Mishcon de Reya.

With retirement age increasing, work-life balance being threatened by the inability to switch off from emails, and health becoming more of a priority among millennials; the number of sabbaticals being taken by professionals is expected to increase in the coming years.

Chinese common reporting standard arrives: Chinese govt receive bank account information on residents from 75 countries

If you’re planning a business trip out East and visiting Hong Kong and China, then look no further for recommendations of where to stay, where to dine and where to host your clients...

Emilia Strazzanti collaborates with Campari, McQueens Florist and TT Liquor for Negroni supper club experience

Like a good book, Graeflicher Park, a health and balance resort, near Dortmund in Germany, offers an interesting review of your life and health. With pulse and tongue diagnosis, there is no hiding from the eyes of the ayurvedic physician or as they say in Sanskrit, ‘Vaidya’.

In our 60 second interview series, Citywealth speaks to Alison Parry, Head of Private Wealth at Intertrust Guernsey on the challenges of working with families to achieve their goals and wishes, locating missing family members and mentoring young adults.

The long-awaited Bob Bob Cité, sister restaurant to Bob Bob Ricard, has arrived. Located within The Leadenhall Building, fondly known as the Cheesegrater, the restaurant is accessed via a separate lift to level 3. But be warned, a dress code applies. “Strictly elegant”, describes the website.

The announcement in February by Singapore’s Finance Minister of a plan to extend tax exemptions for family offices, which were due to expire this year, has driven further demand from the wealthy in the region to establish more formal structures around their assets.

Katten Muchin Rosenman LLP announced today that Michelle R. Canerday has joined the firm’s Trusts and Estates practice as a partner.

Dolfin, the agile and independent wealth management platform, has completed its acquisition of the business of London-based Falcon Private Wealth Ltd.

Five years in the making, Bob Bob Cité which will finally open to the public on Friday 10th May - is its owner Leonid Shutov’s labour of love.

The recent changes to UK immigration rules are set to ensure the UK remains a world-leading business destination. Yet, these amendments have proven contentious.

International professional services provider, Equiom has announced the appointment of James Russell as Managing Director of Equiom Hong Kong.

In our 60 second interview series, Citywealth speaks to Jessica May, one of the two founding partners of Peters May, about launching a family law practice and wearing many different ‘hats’.

With Father’s Day around the corner on Sunday 16 June, Citywealth has pulled together the best luxury gifts on offer. From golf weekends to luxury backgammon sets, there is something for everyone.

The Board of Directors of CMB has appointed Mr Francesco Grosoli as Chief Executive Officer of the bank as from 15 May 2019.

Whereas once, business and its executives, had a simple life, with news about their deals and views likely to be seen only in the business pages, today the same story has the potential to be spun into front-page news, using the lens of a populist wave from Social Media and the Media.

In our 60 second interview series, Citywealth speaks to Suzanne Kingston, a consultant for Mills & Reeve about the importance of possessing a ‘black book’ of trusted advisors and embarking on a new challenge, a cheese and wine half marathon.

Ocorian, a provider of bespoke administration and fiduciary services to corporate, institutional and private investors, has appointed Anthony Zarmakoupis as its new Chief Financial Officer.

The Holmes Hotel London will open in May. Formerly Park Plaza Sherlock Holmes London, the repositioned hotel situated on Chiltern Street Marylebone, has seen a multi-million-pound refurbishment of the original site

Charles Russell Speechlys has promoted nine lawyers to Partner, effective 1 May 2019, including one partner to the family team and one partner to the private client team.

Kleinwort Hambros, a private bank and wealth manager in the UK, has today announced the launch of a new Luxembourg-listed, actively managed blockchain note.

The Jersey government’s recent introduction of International Savings Plans (ISPs) is just the latest sign of the growing importance to the island of clients originating from the Middle East.

A major survey of work by the acclaimed British artist Johnnie Cooper will take place at Saatchi Gallery, London, opening 19 April 2019.

Crestbridge has announced the appointment of Bashar Bazian as Managing Director of its Bahrain office.

Stonehage Fleming, a leading independently owned family office, has announced the appointment of Becton Davis as Group Chief Financial Officer.

As the Easter holidays approach, the idea of escaping for a mind, body and soul spring clean, ready for the warmer weather appeals. Look no further than a nurturing retreat here in the UK.

The new hires include Tom De Burgh Williams, Luke Keattch and Gary Coe adding strength to Charles Stanley’s regional presence.

Set in the South Pacific’s Fijian archipelago, Laucala Island is a private tropical paradise and ecological Garden of Eden. Laucala combines a unique commitment to the environment that surrounds it with unparalleled levels of luxury and privacy.

In our 60 second interview series, Citywealth speaks to Nigel Tait, managing partner of reputation law firm Carter-Ruck about the rise in UHNW clients being blackmailed and still getting a buzz from stopping intrusive or defamatory articles about clients being published.

When it comes to family law cases, the position on media reporting is as clear as mud, so much so that making a decision to talk to the media can mean couples are playing Russian roulette with the privacy of their financial and business affairs.

After 10 years at Schillings, Davina Katz has left the firm and this week launched Katz Partners LLP.

In our 60 second interview series, Citywealth speaks to Richard Jordan who recently joined Gateley Plc, to establish its private client offering in London.

Saffery Champness has announced eight new promotions to its partnership with effect from 1 April 2019.

Forsters has expanded its Family team with the lateral hire of partner Simon Blain from Penningtons Manches LLP and Matthew Brunsdon Tully from 1 Hare Court.

Quilter Cheviot’s Jersey office has continued its recent expansion with the appointment of Tom Lovell as Executive Director.

Is the UK still a golden destination for Russians or are they feeling the chill? Citywealth’s April French Furnell spoke to advisors in the private wealth industry to get views.

Launching today, Bambusa is a new all-day Modern Asian café, open for breakfast, coffee and lunch, to go.

Now approaching its 6th birthday, the award-winning Oblix was the first restaurant to open in The Shard back in Spring 2013 and continues to set sky-high standards.

Are you a Vata, Pitta or Kapha type? The award-winning luxury destination spa resort Ananda in the Himalayan foothills in Northern India which uses Ayurvedic Tridosha Theory shares their recommendations for diet and fitness according to your Ayurvedic type.

HSBC announced today that it has started using BlackRock’s Aladdin Wealth platform to boost the wealth management services it offers to customers across the high net worth spectrum.

This week Citywealth’s April French Furnell investigates where the big money is going into tech. Is it all cyber security, payment systems or Blockchain? Or AI, MedTech and ethics?

In our 60 second interview series, Citywealth speaks to Stuart Platt-Ransom, CEO of Oak, the recently launched private client, corporate services and fund administration group on the challenge of leading a group of recently acquired businesses, while recovering from broken ribs.

Oak comprises three existing businesses - Oak Trust Group, Consortia and Kreston IOM - which between them have offices in Guernsey, the Isle of Man, Jersey, Malta and Mauritius.

Standard Chartered Private Bank has appointed Ali Hammad as Market Head, Private Banking, Middle East and North Africa

In our 60 second interview series, Citywealth speaks to Ros Bever, national head of family law at Irwin Mitchell Private Wealth, about meeting client’s raised expectations and how winning is sometimes about compromise.

Sandaire, the international multi-family office, has announced the launch of Sandaire Corporate Finance, a new division to serve the evolving needs of its clients.

Globally, the majority of married women defer to their husbands for long-term financial decisions despite striving for equality in other areas of their lives, according to UBS

Last month a hybrid-powered Ferrari, LaFerrari Aperta, the removable roof variant of the Italian supercar built to celebrate its 70th anniversary, came up for sale at more than triple its reported original list price.

The CV Summit, held in the heart of the Crypto Valley, in Zug, Switzerland, has become one of the most important blockchain events in Switzerland.

Stonehage Fleming has announced the expansion of its private capital team with the appointments of Meiping Yap as Director and James Jefferson as Senior Associate.

Intertrust has announced the appointment of Amit Taylor as head of corporate services in Guernsey to pave the way for future growth and development.

Whether you’re looking for a luxurious business hotel, a suite within a Palace, or a boutique setting, Vienna has it all. Here you’ll find our top recommendations of where to stay, where to dine and where to host your clients for that WOW factor.

Yeni is another neo-Anatolian restaurant, but it is miles away from any other that has opened in London in the past few years due to its raw technicality and prescient innovation. In short, it‘s one of London‘s most exciting restaurants to launch this winter.

Katten Muchin Rosenman announced today that Matthew Sperry is the newest member of the Trusts and Estates department at the firm.

Enhance has announced the appointment of Steven Keshishoghli CFA as Head of Manager Research.

In our 60 second interview series, Citywealth speaks to Eva Lindholm, head of the UBS Wealth Management business in the UK and Jersey, about the changing priorities people attach to their wealth and keeping in mind that clients come first, always.

Finding yourself in need of a break? Why not book onto an award-winning yoga retreat at Ananda in the Himalayas.

The World, the largest privately-owned residential yacht on earth (aboardtheworld.com), has announced its return to London, England for six days in July 2019, marking the eighth time the luxury ship has visited the capital city.

In our 60 second interview series, Citywealth speaks to Roger Gherson, principal solicitor at Gherson Solicitors about the importance of the independent judiciary and achieving the impossible.

Jersey Finance has appointed experienced financial services professional Joe Moynihan as its new CEO.

Global wealth amounted to $317trillion in 2018 with the USA remaining at the top of the wealth list with $98trillion of the pie. To find out the latest private client news, April French Furnell caught up with some key advisers and managers to get their insight on the wealthy in the largest economy.

Digital Isle of Man has announced the formation of a Blockchain Office and the launch of an Isle of Man Sandbox, established to guide blockchain businesses through current (and future) regulatory landscapes, with expert-led assistance and support.

Barclays has announced today that Sandeep Das will be joining as Head of Private Clients - India in Private Bank & Overseas Services.

Global investor services provider SGG Group has appointed Serge Krancenblum to the new position of Group Executive Chairman and chair of the Group’s Supervisory Board and Mark Pesco as its new Group CEO.

In our 60 second interview series, Citywealth speaks to Heini Rüdisühli, head of private client at Lenz & Staehelin in Zurich, about becoming a trusted advisor to successive generations of clients.

A roundup of where to dine and drink this Valentine's in London

In our 60 second interview series, Citywealth speaks to James von Simson, investment director at Tilney Group about working with lottery fund winners, and helping clients to understand where the real risks are.

UBS Global Wealth Management has hired Alison Lander as a Director in its Newcastle office.

The fine wine market has long attracted investors from Europe and the US who both have a long legacy of wine making and because of strong returns over the last decade. Adding to this is a growing theme of purchasers from the Chinese ‘Middle Class’.

HSBC Private Banking has formed a new partnership with AllBright, the global network and community connecting entrepreneurial women.

Vistra has announced the appointment of Clive Wright as Managing Director of Vistra Jersey and Jane Pearce as Managing Director of the United Kingdom, Ireland and Channel Islands

Butterfield Mortgages Limited has hired David Gwyther as its new Business Development Director.

Owl Private Office, a wealth management advisory firm serving wealthy families and endowments has appointed Aisling McArdle to its partnership.

This January, why not banish the blues by treating yourself and a guest to an exquisite Sunday brunch for two with a bottle of Laurent-Perrier Cuvée Rosé champagne at St. Pancras Brasserie by Searcys.

Penningtons Manches has hired private client partner Ryan Myint to its private wealth group.

SANNE, a global provider of alternative asset and corporate services, has announced the opening of a new office in Amsterdam.

Intertrust has appointed Tania Bearryman as Executive Director, Trust & Company Services

On Thursday, 6 December, the music, art, fashion and film industries came together to celebrate a new creative collective, The Moxie.

Germany is now home to more billionaires than any other European country, and after an exceptionally long period of economic growth, more and more families are moving to sell their family businesses, setting up family offices and otherwise structuring their wealth more professionally.

In our 60 second interview series, Citywealth speaks to Louise Willows, marketing manager at Rathbones and GOLD winner in our Brand Management and Reputation Awards 2018 to catch up following the awards.

Sandaire has appointed Janet Tarbet as a client relationship director to support its next phase of growth.

Citywealth editor Karen Jones speak to HSH Prince Michael of Liechtenstein about his passion for crypto and blockchain technology

Wealth management is exploring how technology can be deployed to better serve clients, more so than ever before, but with Robo being on-trend one year and now AI, what is the industry doing to deploy buzz tech and what is being done?

Himsworth Scott, a reputation management law firm has announced the promotion of Lorna Caddy to director.

Estera, a global provider of fiduciary and administration services, has appointed Conrad Proud as client director – trust services in the Cayman Islands.

At a time of macroeconomic and political upheaval across the European continent, Luxembourg is quietly witnessing an influx of HNWIs