09/30/2011

Scots set for £532bn inheritance

The amount of money Scots can expect to inherit from loved ones is set to jump to £532 billion by 2047, according to a report.

09/23/2011

UBS cutting up to 10 percent of advisory arm

UBS is cutting back its investment banking division (IBD) representing between 5 and 10 percent of the jobs within the Swiss bank's advisory arm, several UBS bankers said.

09/23/2011

Private banks seek to tie in loan clients

Private banks are tightening their lending criteria for large mortgages, insisting that clients invest cash with them in return for a loan, or to get the best rates.

09/20/2011

BNP Paribas launches new custody and settlement service

BNP Paribas Securities Services has announced that it has launched a service that allows financial intermediaries to shorten their deployment time to new markets, optimising liquidity and boosting client service.

09/20/2011

RBC Wealth Management bags STEP award

Competing against bank-owned trust companies from around the world, RBC Wealth Management was judged to have demonstrated success in a number of areas including client retention; in-house investment management capabilities and performance; client tax advi