06/17/2015
Fosun, others in talks to buy German private bank
Several strategic investors are in talks to buy a stake in German private
Wealth and Asset Management
06/16/2015
Aberdeen turns to Japan for a £100m new fund warchest
Aberdeen Asset Management has raised £100million from its major Japanese shareholder to strengthen its balance sheet and invest in new funds for a worldwide market.
06/16/2015
L&G Said to Seek Buyers for French Insurance, Private Bank Units
Legal & General is understood to be considering a sale of its Cofunds platform, just over two years after it sealed a deal to take full ownership.
06/16/2015
Firms enforce 'posh' hiring test
The research, published by the U.K. government's Social Mobility and Child Poverty Commission suggested that the hiring bias of firms has created a "class ceiling" in elite firms.
06/16/2015
HSBC, JPMorgan may move parts of businesses to Luxembourg - The Times
The banks are also considering the tougher rules imposed by the European Union for conducting business outside of the eurozone
06/16/2015
Private Banks Recruit MBA Assets As Sector Faces Digital Shift
Private banking emerges as recruitment powerhouse as sector faces tough regulation, digital disruption and competition from local wealth managers.
06/16/2015
Private Banks Recruit MBA Assets As Sector Faces Digital Shift
Private banking emerges as recruitment powerhouse as sector faces tough regulation, digital disruption and competition from local wealth managers
06/16/2015
Fund management investment firm IM Square launches with US focus
Philippe Couvrecelle, founder of PTH Conseil and former Chairman of the Board of Edmond de Rothschild Asset Management, and his partner, Jean Maunoury, are the architects behind this project: a global platform which will acquire minority stakes in the cap
06/15/2015
Close Brothers sets an example as it launches scheme to help firms to take on apprentices
‘The cost is a significant barrier to small businesses who have to employ somebody and then have them not contributing for the first couple of years while they are learning.’
06/15/2015
Med Bank opens in Belgium
Mediterranean Bank has changed its online branch in Belgium into a licensed credit institution, retaining the Me Direct brand
06/15/2015
HSBC is no longer the world’s local bank
The world’s local bank will now decide where it is profitable to be local, the Noble House of money.
06/15/2015
Edinburgh-based private bank to rule out HQ move
But the bank, which caters for high net worth clients, insists any consideration over where to locate its brass plate is "not a political thing".
06/15/2015
Family Office group acquires iconic Manchester city centre investment in £16.3m deal
The site, next to the council and town hall sites, will be refurbished into high quality office space with restaurants and shops on the ground floor and will incorporate co-working space for entrepreneurs.
06/15/2015
Old Mutual Aims To Sell 11 Million Shares In US Boutique Asset Manager
Old Mutual PLC Monday said it is set to sell 11 million shares in OM Asset Management PLC, the boutique asset manager it spun off in a float on the New York Stock Exchange in the autumn of 2014.
06/15/2015
Aberdeen AM sells £100m stake to Japanese bank
Aberdeen Asset Management has agreed to sell £100m worth of non-voting shares to Japanese bank Mitsubishi UFJ Trust and Banking Corporation.
06/15/2015
Lyxor to launch China bond ETF in Europe
French asset management firm Lyxor, is planning to launch a China government bond exchange-traded fund (ETF) in Europe.
06/14/2015
Wealth management services: targeting the 'mass affluent'?
So it's big business.
06/14/2015
Napoleon and Wellington's ancestors go head-to-head…200 years after Battle of Waterloo
Jean-Christophe Napoleon Bonaparte and Arthur Mornington, Marquess of Douro, are investment managers in rival private equity firms in London
06/12/2015
JTC Wealth Management Expertise Recognised In Citywealth Leaders List
The expertise of five senior private wealth management professionals at JTC has been recognised in the latest Citywealth Leaders List.
06/12/2015
Standard Chartered could compensate new boss with £6.5m in shares
Bill Winters could earn payments to cover possible losses from quitting the hedge fund Renshaw Bay he set up