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
Wealth and Asset Management
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
06/12/2015
Private investor buys John Gunn's family office business
Global Investment Strategy is a financial services business offering a wide range of services to institutional, family office and high net worth clients.
06/12/2015
Anti-benchmark firm finds UK wealth manager traction
Anti-benchmark asset manager Tobam is experiencing rapid growth in assets under management from UK wealth managers
06/12/2015
New Standard Chartered Chief to Cut More Costs as Review Begins
The bank enjoyed a decade of unbroken profit growth until 2013
06/12/2015
Ex-Brewin trio and Barclays Wealth man set up own firm
Three former Brewin Dolphin directors have joined forces to launch their own investment management firm, Brighton Capital Management
06/12/2015
Mirabaud launches corporate bond fund
The team’s approach is to identify relative value opportunities across sectors
06/12/2015
Ex-Killik man launches new venture
Three Killik partners, including ex-chief investment officer Paul Kavanagh , have received the green light from the regulator to launch a stockbroking and asset management business
06/12/2015
Rothschild Terminates Plans for Commodities Fund
An investment advisory arm of Anglo-French investment group Rothschild has pulled the launch of a commodity finance fund, “despite significant work on this project,” according to company filings.
06/11/2015
Winters’s Vow to Focus on Capital Puts Pressure on Cryan, Thiam
Winters in a letter to employees promised to focus on capital strength to reinforce the bank’s position.
06/11/2015
Two European private banks on collision course
Two small, private and respected European wealth management banks find themselves on a collision course in 2015