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RBS 'will stop Coutts International buyer using brand'

Royal Bank of Scotland hires Goldman Sachs to find buyer for internation arm of private bank, according to reports

RBS hires Goldman for Coutts International sale

By refusing to give any bidder or joint venture partner rights to the Coutts brand, RBS is likely to put off most private equity investors, unless they already own a private bank to which they could transfer its customers.

The Melting Ice Cube by Toby Birch

As a closet introvert it pains me to put my head above the parapet but there comes a time when someone has to shout that the Emperor has no clothes. Recent data shows that Guernsey’s investment fund industry is shrinking rapidly while our ranking as

Hargreaves Lansdown names bespoke DFM partners

It has carried out due diligence on a number of wealth managers and has formally endorsed the two firms, to which it recommends advisers refer bespoke discretionary asset management clients.

Brewin Dolphin in Manchester pledge

The Manchester office of wealth manager Brewin Dolphin is on target to double funds under management within three years.

UK now main rival to Swiss private banks

Britain’s emergence as the strongest European rival to Switzerland for private banking and wealth management has been highlighted by figures showing that UK assets under management rose 11.4 per cent to £524.4bn last year.

BBA says exclude HNW clients from new LTI cap

The British Bankers’ Association has urged the Bank of England to exclude high-net-worth clients from its new LTI cap.

Old Mutual Wealth's Feeney: Standalone platforms 'no longer viable'

Old Mutual Wealth has sought to expand its presence across the distribution chain over the past year

AES International launches expat mortgage offering for HNW's living and working overseas

The new service is aimed at investors with at least £1m of borrowing requirements, but AES International and Nedbank Private Wealth allow their clients to split this borrowing across property and investment portfolios so the clients can benefit from

Societe Generale Securities Services launches fully integrated Wealth and Investment Management Outsourcing Solution in the UK

To remain competitive, managers are increasingly looking to outsource operational functions, leverage providers to reduce the costs associated with maintaining their back-office systems, and develop web functionalities.

The expat’s champion — Asset allocator with Sanlam

Champion’s background on the UK private discretionary fund management side, including MGM Assurance and Pavillion Asset Management, has therefore become infused with a global perspective.

St James's Place organise Oscars evening

Wealth management experts St James's Place organised an Oscars-themed evening at the King Power Stadium.

RBC urges Hargreaves Lansdown to take big bank opportunity

Hargreaves, led by chief executive Ian Gorham is currently looking at a range of options for its cash, with management reluctant to go down the bank route as it would increase its regulatory burden.

Hargreaves Lansdown chief Gorham sees pay jump to £10.6m

Gorham's basic pay remained static at £412,000

Broadstone sells wealth management arm

Broadstone provides wealth management services to private clients, pension funds, charities and companies.

Meridian Private Client associate singled-out as rising star

The accolade, awarded by eprivateclient, a prestigious private client web site serving private client advisers, is called the eprivateclient’s Top 35 Under 35 2014

RHJ International completes conversion of co-investors' interest in Kleinwort Benson Group into RHJI shares

RHJ International today announced that it completed the conversion of the co-investors' interest of 35.13% in Kleinwort Benson Group into RHJI shares.

London-based wealth management firm to charge percentage of profit

The new pricing regime has been implemented after the company had achieved maximum investment growth for clients over the past two years by investing in top-performing funds.

How experienced investors view their wealth

The last decade has created an inflection point for wealth owned by investment professionals, as they now account for a significant proportion of the ultra-high-net-worth segment of the UK wealth management industry

‘Dinosaur’ Private Banks Losing to Startups, ABN Amro Exec Says

Digital financial companies are increasingly poaching clients

Wealth and Asset Management