- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Barclays wealth arm consults FSA over fund group admin fees post RDR

Barclays and other wealth managers will likely have to buy the clean fee share classes

MFP Wealth Management first to receive British Standards certificate

The BS8577 is a work-based assessment in which the British Standards Institute visits a firm

Private Banking Will Get More Complicated -RESEARCH

The Boston Consulting Group has made public a new study of the market for wealth management

UBS Said to Widen Job Cuts to 400 at Investment Bank

UBS is considering cuts in equities and fixed income as it trims its merger advisory staff

Brooks co-founder steps down from board as FUM jumps 6.5%

As at 30 September 2012 discretionary funds under management totalled GBP £3.751 billion.

Banker’s death plunge shocks family

Nico Lambrechts, 46, an investment analyst with Investec Asset Management in the British capital, who studied at Stellenbosch University, died last Wednesday after falling 25m from an exclusive open-air restaurant.

Emerging Signs of an Uptick, but Luxury Industry not Convinced

A new report produced by Ledbury Research reveals some green shoots in wealthy consumer sentiment, as the outlooks of the most influential CEOs in the luxury industry continue to fall.

European Wealth boosts assets £120m with adviser buyout

The company has grown its asset base from an initial £20 million to a current figure of around £500 million. Bradley Stuart last year delivered turnover of around £1.28 million.

Northern Trust's quarterly net up on higher fee

Assets under custody rose 14% to $4.761 trillion while assets under management increased 16% to $749.7 billion.

Deutsche Bank Private Wealth Management joins Suggestus

Following an extensive due diligence process, DB PWM has also been awarded the ARC Approved Due Diligence Kitemark.

Bellpenny snaps up six advisory firms

New advisory firm Bellpenny will bring a “fresh and forward-looking approach”

Charities should set an example on ethical investment, survey of investors finds

Three in five say charities should take the lead on 'stewardship' issues, but Penny Shepherd of Uksif says not enough of them are signed up to the Financial Reporting Council's stewardship code

AXA Wealth bares all - full RDR product charge details now available

AXA Wealth has announced the full details of its post-RDR product changes and how the transition from present to future will work.

Rathbone moves clients into super clean RDR-ready share class

Since late September the firm has switched £200 million of assets out of retail and institutional share classes into even cleaner new RDR-compliant share classes.

Ex-Credit Suisse, SocGen bankers to launch Paris boutique bank

"We're in a new environment which will permanently transform the investment banking profession and in which there is a much greater potential for independent players,"

BNP Paribas Wealth Management reaches milestone

BNP Paribas Wealth Management has now passed an initial milestone

JPMorgan's Investment Banking Pay Pool Is...

What does this tell us about 2012 bonuses?

Former Credit Suisse Banker Creates M&A Boutique

He was co-head of Credit Suisse AG’s investment bank in France, Belgium and Luxembourg since 2009, after spending more than 15 years at Morgan Stanley.

Almost half of financial advisers believe the industry has not done enough to survive RDR - Heartwood

Almost half (43%) of financial advisers do not feel confident that the industry has accepted the need to make fundamental changes to its business models to survive the changes imposed by RDR, according to new research from Heartwood, the independently own

Leading Swiss Private bank to slash 10,000 jobs

Swiss newspaper Tages-Anzeiger, citing internal documents, reported the bank plans to lay off almost a quarter of its 8,200 staffers in the IT department. It says that is likely to be followed by wider cuts, possibly affecting a fifth of the company'

Wealth and Asset Management