01/06/2012
The City regulator is to warn Britain’s bank chiefs that it will reject their plans to pay out billions of pounds in bonuses unless they demonstrate that they are retaining sufficient capital to weather a worsening storm in the financial system.
01/05/2012
He will help to promote and deliver these new initiatives into the market and link the group’s investment platform strategy and new restricted advice service.
01/05/2012
A notice filed with Companies House states the name of the wealth management part of the business was changed as of December 30.
01/05/2012
The bank is looking at leveraging its corporate and SME (small and medium enterprise) clients to increase the private banking customer base.
01/05/2012
If a sale process proceeds, interested parties will kickstart due diligence on the business soon after, the people said. Deutsche Bank's own investment banking team is handling the process, they added.
01/05/2012
The most recent analysis that ARC has put together, for Q3 2011, described the period as “the worst quarterly PCI results yet recorded”, including 2008. Its full-year 2011 analysis is expected to be available in around six weeks’ time.
01/05/2012
Barclays Wealth appoints Head of Strategic Partnerships
He joins Barclays Wealth from PricewaterhouseCoopers
01/05/2012
SocGen, France's second-listed bank, is cutting jobs, selling assets and overhauling management under Chief Executive Frederic Oudea as it seeks to restore investor confidence after a brutal 2011.
01/04/2012
The year was “nerve shredding,” says Michael McLintock, chief executive of M&G, the UK manager owned by Prudential.
01/04/2012
The London-based advisory group said structures that allow family investors to share knowledge and co-invest, such as investment committees and roundtables, will become more commonplace this year.
01/03/2012
The present value of the total public issues during the year worked out to about Rs 9,500 crore, reflecting a loss of over Rs 4,500 crore or nearly 33 per cent for those who invested in these offerings.
01/03/2012
The move is part of EFG's business review programme, it said.
01/03/2012
This relationship is another positive signal to the market of the growing acceptance of Global Wealth Services for UK Private Client Managers serving HNW clients.
01/03/2012
The private equity-backed business is well placed to capitalise from significant demographic and regulatory changes which are set to shake up the wealth management industry.
01/02/2012
At the close of a tumultous twelve months on the markets, hedge fund manager Crispin Odey has described 2011 as a "pretty horrible year", but pointed to opportunities in 2012 presented by cheap prices.
01/02/2012
Barclays has amassed a war chest of "losses" to offset against future tax payments that can almost rival those at the crippled state-backed banks, despite remaining strongly profitable.
01/02/2012
The move is part of EFG's business review programme, it said.
01/01/2012
Royal Bank of Scotland plans to claw back bonuses from staff to cover the cost of an expected £350m fine for rigging the Libor rate.
12/27/2011
Family offices would benefit from taking a three-pronged approach to managing their assets if they want to grow wealth in the current risky economic climate, according to investment manager Stefan Angele.
12/27/2011
'C-volunteering initiative' designed to encourage business donations could raise charities' income by 10% annually