World's wealthy richer than ever

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Ballooning regulation has wealth managers scrambling to keep pace with changes and allocating an ever-growing portion of their budget to cover compliance costs. Wealth managers in the Americas are now spending a quarter of their operating budgets ...

North America, which in 2011 had lost its top-dog status to Asia-Pacific, is now back as the place with the largest HNW market, new figures show. North America has a total population of 3.73 million high net worth individuals, compared with 3.68 ...

The rising level of financial sector regulation means that fewer firms will be able to offer the full suite of wealth management products, while cost-income ratios will likely stay high although they have flattened off in the past year or so, ...

June 12 (Bloomberg) -- Royal Bank of Canada, the country's largest lender by assets, will consider acquisitions of as much as C$5 billion ($4.9 billion) as it seeks to expand its wealth- management unit, Chief Financial Officer Janice Fukakusa said.

Jun 4 - George Lewis, head of wealth management at Canada's RBC, says he's looking to expand his firm's asset management capabilities in the U.S. and UK, either by acquisition or through expanding workforce. More Videos Categories Original ...

Leadership Cayman (LC) has held eight seminars to date for the 2013 programme and as class members are close to graduating at the end of June, the Chamber's LC team is very pleased that RBC Wealth Management came on board again to sponsor the ...

By Hal M. Bundrick NEW YORK (MainStreet)--Wealth management firms might want to re-think their team approach to client service. High net worth individuals say they prefer to work with a single point of contact that is responsible for the overall ...

US-RBC-WEALTH: (Reuters) - The number of millionaires in the world jumped 9.2 percent to 12 million last year, in part because of simultaneous strength in the stock, bond and real estate markets, according to a study of the high-net-worth ...