03/21/2014
Ex-UBS equities head to set up African venture
A former UBS executive who co-led the bank's equities team at the time of its 2011 rogue trading scandal, is to set up a brokerage and advisory business focusing on Africa.
03/20/2014
France's big banks are embracing an unlikely challenge - to prise away some of Germany's mighty Mittelstand of small and medium-sized enterprises from their local banking partners.
03/20/2014
Pioneers of Multi-family Office Sector to Create Major Combined Force
Newly appointed CEO to manage the expansion of the two firms
03/20/2014
Chairman and chief executive Henry Angest said: "This has been another significant year. Both banks have made good progress. We have substantially increased the net assets of the group and at the same time been able to pay shareholders a special divi
03/20/2014
Merrill Lynch Wealth Management and Edhec Business School Joins Forces to Advance Goals-Based Wealth Management
We are delighted to be able to work on the industry-relevant and intellectually stimulating subject of risk and goal allocation, thanks to our collaboration with Merrill Lynch on this research chair"
03/20/2014
French boutique launches global megatrends Fofs
Cedrus Asset Management has announced it is launching a multi-manager fund which aims to assemble a portfolio of the best global thematic equity funds in the market.
03/20/2014
Aberdeen gets approval for Scottish Widows acquisition
The Company expects to issue a statement on 1 April 2014 to confirm that completion has taken place and to issue a trading update on the same day.
03/20/2014
Societe Generale Securities Services mandated by CNP Assurances for collateral management services
Societe Generale Securities Services has been mandated by CNP Assurances to provide collateral management services with regard to collateral swaps between CNP Assurances and its counterparties.
03/20/2014
Brewin Dolphin could enjoy a post-Budget bounce in its share price as it prepares to help pensioners navigate a new pensions climate, Alex Wright of Fidelity Special Situations has predicted.
03/20/2014
Coutts, the private bank and wealth management service has launched the Coutts Foundation, a grantmaker which will aim to help tackle the causes and consequences of poverty.
03/19/2014
Since the fall from grace of the Gordon Gekkos of investment banking, the more sedate (and responsible) world of private bankers has started to attract high-fliers, says Giulia Cambieri
03/19/2014
The last time investor confidence levels were higher than this current level was back in March 2007
03/19/2014
Brown Shipley chief executive Ian Sackfield has said the business will not simply do deals ‘for the sake of it’ and has stressed it is under no pressure from Qatari backer Precision Capital to do so.
03/19/2014
Bank of Montreal said it still considers its $1.2 billion takeover of F&C Asset Management Plc “attractive” even after the U.K. money manager disclosed a key client will pull more money from its funds.
03/18/2014
France's No. 2 listed bank, Societe Generale, said it will ask shareholders for permission to pay some staff bonuses worth up to double their salaries, in accordance with the European Union cap on bonuses.
03/18/2014
Friends Life is to transfer £14.5 billion in assets from F&C to a new strategic partnership with Schroders
03/18/2014
Investment trusts hail RDR as platform sales increase 67%
The AIC commissioned a report using Matrix Solutions’ Financial Clarity to evaluate adviser and wealth manager investment company platform purchases in the first year after RDR.
03/18/2014
Private equity guru buys big stake in fledgling Liverpool fund firm
Via his family office, Perscitus Advisers, he has acquired a significant minority interest in the new fund management firm, which was founded in 2010.
03/18/2014
Gilly Green, wealth management practice leader at consultants Knadel, said wealth managers rarely fully assess the cost of servicing their clients.
03/17/2014
DBS to Buy Societe Generale's Private Banking Business in Asia
Further to the transaction, Societe Generale announces that it has entered into a memorandum of understanding with DBS to develop a commercial partnership combining the strengths of the two franchises for the benefit of their respective clients.