11/25/2014
Due in part to German banks' reliance on interest income, now depressed due to low official rates, profits have increased less than costs, said Alexander Hendricks, associate managing director at Moody's.
11/19/2014
The Wealth-X and UBS World Ultra Wealth Report 2014, released today, shows that 12,040 new ultra high net worth (UHNW) individuals were minted this year, pushing the global UHNW population to a record 211,275, a 6% increase from 2013.
11/19/2014
Four-in-five UK consumers would trust a challenger bank with their money, and over half think that a reliable IT infrastructure would give the newcomers a competitive advantage over more-established rivals
11/18/2014
European investors have, over the past year, roundly rejected one of the great themes predicted by market strategists: a massive migration out of bonds.