06/26/2012

Italy offers state aid to world's oldest bank

Italy offered up to 2 billion euros on Tuesday to plug a capital gap in the bank Monte dei Paschi di Siena, the second time in three years the cash-strapped state has had to bail out the world's oldest bank.

06/25/2012

Managers prepare to Fatca-proof wealthy

Non-US financial institutions must sign an agreement with the IRS by June 30 2013 to identify and report on clients with links to the US and more than $50,000 in an account.

06/21/2012

Ray Soudah: the M&A outlook for UK wealth management

This is particularly evident in the UK and other similar jurisdictions which host a significant number of financial services firms, many of them private banks and wealth managers serving retail, affluent and high net worth individuals.

06/21/2012

Gulf banks eye European rivals’ Middle East assets

After years of building operations in the fast-growing Middle East and North Africa region, European lenders are shrinking back due to a crippling debt crisis at home and the need to raise capital to meet regulatory requirements.

06/20/2012

Training programme for wealth management in London

At Insight, Adam Mossakowski, the Fund Manager of the La Valette Sterling Income Fund and a UK and Global credit specialist, highlighted the systematic investment philosophy applied by Insight through precision methodology and diversification concept.