03/28/2012
Will the British Rich Stop Giving?
The U.K.’s new budget has ignited all manner of class warfare. Retirees say it’s a gift to the rich at the expense of the poor. The wealthy say it’s another attack on success and job creators.
Wealth and Asset Management
03/28/2012
Coutts investment complaints up 32% on year
Coutts has continued to see a steady increase in the number of client complaints filed with it, with banking complaints up almost 10% on the year before and investment complaints up 32.1%.
03/27/2012
Barclays unveils "Little Book of Wonders"
Barclays wealth and investment management division today launches a new concept in client experience.
03/27/2012
Abu Dhabi royals involved in RBS talks
At current market prices the holding is worth £13.5bn, well below the £45.5bn cost of the direct taxpayer bailout of the bank in late 2008 and early 2009.
03/27/2012
Towry reignites IPO speculation
If markets avoid a fresh round of volatility, the privately-owned wealth manager could float within the next 18 months.
03/26/2012
Bank of England warns banks not to waste spare cash on bonuses
Banks were yesterday ordered to put their houses in order to stop a new financial crisis crippling the country.
03/26/2012
Behind the Bonus- Discretionary Income and Luxury Spending
Prince & Associates have suggested that at the height of the boom, US bankers spent close to two thirds of their bonuses on luxury.
03/26/2012
Coutts fined £8.75 million for anti-money laundering control failings
The FSA identified deficiencies in nearly three quarters of the PEP and high risk customer files reviewed.
03/26/2012
Aberdeen assets soar £10.5bn in two months
Aberdeen says the latest figures reflect “the continuing theme” of flows into higher margin products across the business.
03/23/2012
30% Club renews efforts to get women on UK boards
The 30 per cent Club Investor Group is stepping up its commitment to get more women on the boards of UK companies.
03/23/2012
The Focus of Corporate Philanthropy
It’s not surprising that CEOs and other decision makers would want to promote these issues. The skeptics can say that this is self-serving and benefits business.
03/23/2012
Brooks Macdonald co-founders reduce stake in firm
The Aim-quoted wealth management group reveals yesterday (21 March) three directors sold 385,000 ordinary shares of 1p each in the company.
03/23/2012
Braveheart snaps up Yorkshire fund manager
Braveheart said the deal consolidates its position in Yorkshire.
03/23/2012
Mirabaud launches private banking solutions for professionals in sports and culture
The decision to set up a new business unit specialised in meeting the needs of professionals in sports and culture is predicated on the unique characteristics of this group, whose earnings potential is restricted to a short period of time.
03/23/2012
StanChart investment bank boss gets $13 mln payday
Asia-focused bank Standard Chartered Plc paid its 13 top executives and bankers $92 million for last year, including $13.4 million for the head of its investment bank Mike Rees.
03/23/2012
WH Ireland swings into profit on client boost
Stockbroker WH Ireland has swung into black after a hectic year saw the group increase its turnover by just over 25%.
03/23/2012
Ignis assets grow to £81.5bn
The asset manager's net new sales also increased and climbed by close to a third in 2011 to £1.7 billion.
03/23/2012
Coutts appoints new Chief Financial Officer
She joins from Lloyds Banking Group where she was Finance Director of the Corporate Banking Division.
03/22/2012
Rebranding = better client service? I don't think so
I only ask because the Barclays news comes pretty soon after an identical announcement by Scotiabank, and a divisional name-tweak by RBS.
03/22/2012
Private Investors Have More Confidence in the Stock Market-Research
According to the research, many investors think stocks are good value after a period of weakness and are starting to invest once again.