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Rothschild appoints new head of UK private banking unit

He remains a member of the Global Wealth Management and Trust Executive Committee, the source said.

Credit Suisse denies Swiss banks helping Germans dodge tax pact

German media have accused Swiss banks of telling German clients to shift money to Singapore, Asia's prominent finance centre, to avoid detection and taxation of their assets.

Turcan Connell opens office in Glasgow

Turcan Connell, which was represented by Eric Young & Co, already has offices in Edinburgh, London and Guernsey, but following research identified client demand for an office in the West.

Wealth managers must ‘get house in order’ as FSA hones in

Firms that market themselves as ‘wealth managers’ must review their processes to ensure that they have sufficient controls to mitigate the potential for mis-selling and document every part of their advice process, according to one compliance e

Boutique wealth manager launches managed portfolio service

Advisers will be able to discuss investments with the Berry managed portfolio team, “as required”.

Former Citisoft Senior Managers Start New Consultancy ‎

IAWMC is a specialist operations, systems and IT infrastructure consulting firm which has been established to provide management and IT consulting, interim management and recruitment services focussed solely on the needs of the Financial Services’ s

The multi-boutique style grows in popularity

Create, a consultancy, goes so far as to predict multi-boutiques will become the dominant operating model this decade.

Germany's Schaeuble wades into bank bonuses debate - FT

The argument over capping bankers' pay is threatening EU efforts to implement the global bank rules known as "Basel III" by the January 2013 deadline.

KBI wins $500m in new businessKBI gets $500m mandate from Mercer and Merrill wealth arm

It also also landed the Investment Manager of the Year (Ireland) Award by World Finance magazine.

Hargreaves Lansdown founders set for £40m windfall

Hargreaves Lansdown founders Peter Hargreaves and Stephen Lansdown are set to receive a £40m dividend windfall as the company gets set to unveil its year end results this week.

SJP partner ‘cloned’ by fraudsters

The regulator issued on Thursday an alert about a firm offering investment advice and brokerage services under the names AW Associates, A Walker Associates and Andrew Walker Associates.

HSBC adopts content approach with ad-funded business series

Following the decision to drop its long-standing strapline, 'The World’s Local Bank' last year, HSBC has been moving to position itself as an authority on global trends, including through its 'In The Future' campaign, looking at

Barclays launches Female Client Group offering in Scotland

Barclays has chosen the prestigious setting of this year’s Blair Castle International Horse Trials for the launch of its Female Client Group proposition in Scotland

Underlying complaints continue to fall as Barclays drives down complaints by addressing root causes

Strong action plan in place to cut complaints in H2 through relentless simplification which has cut complaints by 55 per cent in the retail bank

HSBC Swiss Private Bank Profit Declines on Interest Income

Higher costs plus the repatriation of client funds to onshore networks that generate lower fees are cutting profit margins at Swiss private banks, the biggest managers of offshore wealth.

Royal Bank of Canada Reports Record Third Quarter 2012 Results

Royal Bank of Canada today reported record net income of $2,240 million for the quarter ended July 31, 2012, up $946 million or 73% from the prior year.

German private banks build stake in Universal Investment

Private banks Berenberg Bank and Bankhaus Lampe have increased their stake in Germany's Universal Investment to 50%, in a vote of confidence in the fund platform model.

Liechtenstein to require LDF filers to deposit min amount in its banks

This new 20% minimum is believed to reflect some dissatisfaction on the part of Liechtenstein’s wealth management industry with the amount of permanent business it is retaining as a result of the LDF scheme, as many of those making disclosures are

Banker Bonuses at Risk as EU Lawmakers Fight Barnier Plans

Bankers are facing a backlash from EU lawmakers determined to cut variable pay as part of a quest to reshape lenders as utilities rather than money-making machines.

Banker Bonuses at Risk as EU Lawmakers Fight Barnier Plans

Bankers are facing a backlash from EU lawmakers determined to cut variable pay as part of a quest to reshape lenders as utilities rather than money-making machines.

Wealth and Asset Management