research

Family businesses outperform their rivals, report

July 15, 2011

Commitment and passion by family members towards their businesses gives them an edge over competition, according to latest research by UK private bank Coutts & Co.

The Family Businesses: Competitive strengths and qualities report found that a family’s personal approach to the business and strong relationship with stakeholders gives it a competitive advantage over non-family businesses.

Ultra-high net worth remain distant from banks – report

July 13, 2011

Private banks around the world are struggling to attract the money of the wealthy despite the fact that many of them are getting wealthier. According to new research by global business consultant Scorpio Partnership, new money into private banks fell by nearly 19% in 2010, despite a rise in the number of wealthy individuals.

Private banks around the world are struggling to attract the money of the wealthy despite the fact that many of them are getting wealthier.

According to new research by global business consultant Scorpio Partnership, new money into private banks fell by nearly 19% in 2010, despite a rise in the number of wealthy individuals.

Coutts targets next generation with Wharton initiative

July 4, 2011

UK private bank Coutts & Co has enlisted NASA astronauts to help launch an educational programme for next generation clients, with the aim of teaching them to better manage wealth and develop business acumen.

The main wealth management arm of the Royal Bank of Scotland announced on 4 July that it has conducted the first week-long programme in London, in partnership with the Wharton School of the University of Pennsylvania, as part of its initiative to provide wealth management advice and opportunities for its next generation clients.