03/04/2014
GAM Holding AG, the Swiss money manager that split from Julius Baer Group Ltd., reported a more than doubling in full-year profit, proposed a higher dividend and said it’s planning a new share buyback program.
02/28/2014
The move, first tipped by Money Marketing in December, will see Intrinsic retain its brand and management team.
02/27/2014
The BRICS bloc of emerging economies will set up its development bank with a total capital of $100 billion within five years, but member countries still haven't agreed on their share in the bank's structure
02/27/2014
Deutsche Asset & Wealth Management has agreed to sell Tilney, a subsidiary of its wealth management business in the UK, to Permira, which recently bought Bestinvest.
02/26/2014
Excluding Switzerland, which experienced a modest outflow in the second half, all other private banking businesses were positive in relation to net new assets.