02/01/2012

Asian entrepreneurs aim for greater wealth

The report, published by Standard Chartered, SEI Global Wealth Services and Scorpio Partnership, studied 3,300 high-net-worth individuals with an average of $2m worth of assets.

01/31/2012

Luxembourg eyes huge spend from Qatar

Luxembourg’s 40-year-old finance centre finds immense opportunities for co-operation with the Qatar Financial Centre (QFC) in management and investment funds; wealth management; and trade and corporate finance.

01/30/2012

LSE reports rising quarterly revenues

That was higher than expectations of £152.4 million, according to analysts polled by the group, which operates the London Stock Exchange and Italy's Borsa Italiana.

01/27/2012

RBS awards CEO share-based bonus worth £963,000

RBS, 83 percent owned by the British government following a state bailout during the 2008 credit crisis, allocated CEO Stephen Hester a 2011 annual performance award of 3.6 million shares.

01/27/2012

Dresdner bonus culture exposed

One of the 104 investment bankers suing for €50m in unpaid bonuses told the UK High Court on Thursday he had expected a further €300,000 bonus in 2008 despite already receiving a €300,000 guaranteed bonus from Dresdner for that year.

01/26/2012

Old Mutual wealth management in Europe

The insurer yesterday said it would create a single wealth management unit in Europe, which analysts suggested would improve efficiency, while sharpening its focus on expanding revenue.