08/02/2012
According to a new industry analysis surveying 96 money managers worldwide that oversee approximately $21 trillion in assets, profit margins since the financial crisis have been managed by controlling compensation and benefits expense.
08/02/2012
RBS also unveiled a £125 million bill to cover the cost of its IT meltdown.
08/02/2012
The Group expects to record total net income of roughly CHF 25 million (previous year: CHF 19.4 million) for the first half of 2012.
08/02/2012
July estimates for GBP Estimate US Dollar Estimate and Euro Estimates.
08/02/2012
The bank, which suffered an overall loss of £1.5 billion as its IT difficulties earlier in the year took a toll on its bottom line, blamed the 16% dip on higher expenses and increased impairments.
08/02/2012
The City of London's high-rolling banking industry is rolling as low as possible at the 2012 Summer Olympics.
08/01/2012
UK asset manager Jupiter, which this morning beat analyst expectations with its first-half figures, will open a new sales office in Hong Kong this year as part of global expansion plans, according to its chief executive.
08/01/2012
Willsher joined Devonshire as a financial planner and brought 60 clients over to the firm, boosting assets under advice by £20 million.
08/01/2012
The acquisition is subject to regulatory approval and is expected to be completed by the end of the year.
08/01/2012
BNP Paribas reported good performances this quarter despite a challenging environment marked by another slowdown of Europe’s economic activity and a new market crisis.
08/01/2012
First half net inflows at 2.7 billion pounds, were well above forecasts of 1.3 billion pounds, buoyed by a 1.9 billion pound influx of client cash into its institutional asset management business.
08/01/2012
The Times notes that by giving back $2 billion Bacon is losing revenue and potential performance fees if the remaining investments do well.
07/31/2012
One-time chief executive Michael Geoghegan and Sandy Flockhart, the head of the bank’s Mexican business for much of the period covered by the US investigation, are understood to be among former senior managers who face having parts of their bonus ta
07/31/2012
Due to its very high solvency – a core Tier 1 ratio of 16.5%, a 21.1% Loan-to-Deposit ratio and a substantial cash surplus of over € 3 billion – KBL epb is proving to be a high-potential acquisition for Precision Capital. KBL epb will ret
07/31/2012
Standard Chartered said in its results statement that it has assisted clients in UK, Europe and the Americas, who are suffering with a debt crisis and government austerity measures, "to access the growth markets of Asia".
07/31/2012
Is gold set to shine once again?
07/31/2012
The fund, part of Schroders' Alternative Solutions range, is reopening its dollar share class for small institutions, in a move which will open it up to wealth managers.
07/31/2012
The Model Portfolios are now accessible to all clients as an integral part of the Saxo MWM platform.
07/31/2012
Net Revenue for the first half of 2012 declined to 120.6 million pounds from 137.0 million pounds reported for the same period last year.
07/31/2012
The current economic and regulatory upheaval is providing opportunities for fee-based family financial planners and this trend is set to continue with the incoming Retail Distribution Review, the rise in technology and the current austerity, 7IM founder J