08/12/2012

BNP Paribas wins global private bank custody contract

Following an extensive tender and due diligence process to rationalise the business and optimise costs, the Bank’s management chose to consolidate its assets under custody with BNP Paribas based on the custodian’s global reach, technology offe

08/09/2012

Canaccord Open to Making Smaller U.K. Wealth Acquisitions

Paul Reynolds, president and chief executive of Canaccord, said the independent brokerage firm would "take a look" at small acquisitions in the U.K. that would prove "fairly attractive or highly accretive" to the company.

08/09/2012

SocGen to offload TCW

The transaction, which will see Amundi sell its holding in the company, is subject to receipt of all required regulatory approvals. The financial terms of the agreement were not disclosed.

08/09/2012

The Wealth Manager for Rich Geeks

Financial advice is a tricky sell in the Valley. The place is full of Ph.D.s with problem-solving skills, an unusually strong aversion to fees, and no clue what to do with their money.

08/08/2012

Super rich return to real estate

The report shows residential property is currently the most popular asset class among wealthy investors, with real estate accounting for one third (33%) of the investment portfolios of HNWIs worldwide.

08/07/2012

Skandia sets out RDR product plans

Old Mutual Wealth Management chief executive Paul Feeney says: “Market conditions are undoubtedly challenging for the financial services market but I believe there are significant opportunities to focus on.