02/05/2015
SocGen to Dismiss 1,180 in Brazil, Take $229 Million Charge
Societe Generale fell as much as 2 percent and was down 1.6 percent at 37.04 euros
Wealth and Asset Management
02/05/2015
Banque Heritage says to buy client assets from StanChart Swiss unit
Banque Heritage said on Thursday it will buy client assets from British bank Standard Chartered for an undisclosed price
02/05/2015
New wealth firm launches in Manchester and London
Lasenby Knox, a new wealth management and financial planning firm, has launched with offices in Manchester and London.
02/05/2015
UK high net-worth individuals could increase
The demand for specialist tailored advice could increase because of a growing number of high net-worth individuals in the UK
02/05/2015
Investec Asset Management Extends Relationship with State Street
State Street Corporation has extended its relationship with Investec Asset Management for another seven years to provide full middle office and fund accounting services across the UK, South Africa, Luxembourg and the United States.
02/05/2015
Banque Heritage to buy client assets from Standard Chartered Swiss unit
The move is part of a wave of deals expected from Swiss private banks amid a raft of challenges
02/05/2015
Aberdeen Asset Management sees Emerging Market Flows Dip
Aberdeen Asset Management saw net equity outflows in the three months to the end of 2014 after investors moved money away from emerging markets in December.
02/05/2015
J.P. Morgan Named Best Global Private Bank
J.P. Morgan has been named the world's "Best Global Private Bank" in Euromoney's 12th annual survey of the global private banking industry
02/04/2015
Wealth M&A in 2015: is Ashcourt/Towry deal a one-off?
Towry's buy of Ashcourt Rowan marks the first big wealth management deal of 2015. Is it a sign of things to come?
02/04/2015
Stanhope set to launch Jersey office
Stanhope Capital is seeking to grow its presence in the Channel Islands with plans to launch a Jersey operation.
02/04/2015
Global Ultra Wealthy Population Hold Nearly US$3 Trillion In Owner-Occupied Residential Real Estate Assets
The United States is the most popular country for foreign ultra wealthy individuals looking to buy secondary residences, followed by the United Kingdom and Switzerland
02/04/2015
What The City's Superwoman Did Next: How Nicola Horlick Hopes to Crack Crowdfunding
The business, by then owned by Deutsche Bank, had every reason to be grateful to Horlick, who oversaw huge growth in its investment management business, but suspected she was about to jump ship to a rival along with key members of staff.
02/03/2015
Old Mutual Completes Sale Of Skandia France, Luxembourg
Africa’s biggest insurance firm, Old Mutual, on Monday said the sale of its Skandia (France) and Skandia businesses have been completed.
02/03/2015
Disclosing Active Share a game changer for asset management industry
Fund managers are looking for new sources of alpha to protect their funds against challenging economic conditions.
02/03/2015
Under the bonnet of the UK's newest wealth firm
Mediobanca’s new wealth management unit is targeting growth of £1 billion in assets within three years.
02/03/2015
Under the bonnet of the UK's newest wealth firm
Mediobanca’s new wealth management unit is targeting growth of £1 billion in assets within three years
02/03/2015
Gulf Wealth Management becomes the first GCC-focused business to raise funds through a Public Crowdfunding Offer in the UK
The Public Crowdfunding Offer for Gulf Wealth Management Limited begins this week at Seedrs in the UK
02/03/2015
ARC: Wealth managers not rewarded for taking extra risk
ARC private client indices, measuring the performance of 54 wealth management firms’ portfolios based on four risk categories has found that despite the volatility of 2014, the year ended on a positive note for investors.
02/02/2015
IOM - Minister's outlook for 2015, an interview with Finance Director John Spellman
This month the Minister for Economic Development, Laurence Skelly MHK offered a confident outlook for the Isle of Man's economy in 2015. The Island performed well over 2014, with growth across key sectors and Minister Skelly was keen to highlight a r
02/02/2015
Towry bids to buy Ashcourt Rowan in £97m deal
The offer represents Towry's biggest deal since its ill-fated acquisition of stockbroker Edward Jones for £1 in 2009.