09/24/2013
Barclays to Scale Back Private Banking
“The wealth management landscape continues to evolve at pace,” Peter Horrell, Barclays chief executive officer of wealth and investment management, said in a statement.
09/24/2013
“The wealth management landscape continues to evolve at pace,” Peter Horrell, Barclays chief executive officer of wealth and investment management, said in a statement.
09/24/2013
Economics will also dictate that advisers focus their resources on higher net-worth customers, leaving many customers under-served.
09/23/2013
In other markets including Denmark and Israel, the bank will shut out less wealthy clients and focus on those with balances over 1 million francs, the paper said.
09/23/2013
It also provides professional real estate financing, acquisition finance, institutional asset management and private wealth management services for German high-net-worth individuals.
09/23/2013
Also, the group delivered profit attributable to shareholders of 119.4 million pounds this year, up 20%, compared with 99.7 million pounds in the 2012 period.
09/23/2013
The bank is hoping the proposition will go live in 18 to 24 months and it is set to pull together services across its business, ranging from investment, trading and banking.
09/22/2013
Aberdeen Asset Management said clients pulled 1.2 billion pounds from its funds in the two months to the end of August
09/22/2013
Horrell will report to CEO Antony Jenkins and takes on the mantle from former chief Tom Kalaris, who decided to retire earlier this year.
09/22/2013
Charles Stanley currently has 30 regional offices across the UK and is set to open an office in Leicester at the end of the month after it poached 19 members of staff from rival Brewin Dolphin’s office in the city.
09/19/2013
He decided to leave after five years in senior management roles
09/19/2013
The development of smart beta passive solutions and products is very much a natural evolution of the passive asset management business
09/19/2013
They include Vestra Wealth, Maseco Private Wealth and Satis Asset Management, who are sponsor members, while Speechly Bircham and Withers are corporate members representing the lawyers and Deloitte, Buzzacott, Frank Hirth and BDO the accountants, along w
09/18/2013
Five leading industry figures and 15 firms were honoured at the STEP Private Client Awards 2013/14, which were announced last night in a glittering Awards ceremony at the London Hilton on Park Lane
09/17/2013
Dagmar Dvorak, who managed the Baring Global Bond Trust, has left the company.
09/16/2013
Total funds under management were posted at £36.7 billion at the end of September 2012 and by 31 August 2013 they had climbed to £39.4 billion.
09/15/2013
France's BNP Paribas and Spain's Santander are among those interested in buying the business.
09/15/2013
Julius Baer is making acquisitions to compete with larger UBS AG and Credit Suisse AG
09/12/2013
7IM says the new platform charge will be applied to its own funds from April 2014, alongside the incoming platform rules.
09/12/2013
She declined to confirm how many redundancies were being targeted in the division, or to state what the ultimate target number for redundancies across Bank of Ireland would be.
09/11/2013
Apcims adds it has already secured the rights to a new trademark and the name Wealth Management Association.