11/01/2015
HSBC squeezes recruitment in cost-cutting drive
The giant bank is saving money as its bet on Asian growth is derailed by Chinese slowdown
Wealth and Asset Management
10/30/2015
Maseco: clients review UK residency on non-dom changes
Our strategic goal is to be able to attract excellent talent
10/30/2015
St James’s Place launches two funds targeting income
The fund will target a 5 per cent yield by investing across global fixed interest markets and has been classified as lower to medium risk.
10/30/2015
Steven Cohen: Will the biggest fish in the hedge fund ocean get to swim free again?
For years, rivals had whispered darkly about the company and its unusually stellar performance
10/29/2015
Deutsche Bank to cut 9,000 jobs and exit 10 countries in overhaul
In Europe, Deutsche will withdraw from Denmark, Finland, Norway, and Malta. It will also exit from New Zealand.
10/28/2015
Investment Quorum’s Robertson is ‘Asset Manager of the Year for High Net Worth Investors’
The judges were asked to pay particular attention to changes in assets under management
10/28/2015
New Barclays chief Jes Staley in line for £8.2m pay deal
New Barclays boss Jes Staley could earn up to £8.2 million a year, it has been revealed.
10/28/2015
High-net-worths demand fixed fees from wealth managers
For ultra-high-net-worth individuals, defined as those investors with a minimum of £6.5m assets, almost 10 per cent are demanding to pay time-based fees instead of paying on a transactional basis.
10/27/2015
Former Wellian boss launches consultancy
He stepped down from Wellian in May following the acquisition of the company by Harwood Capital Management.
10/27/2015
Only an investment bank could be this obtuse by Tim Price
“Government powerless to intervene in non-banking industry.
10/27/2015
Aberdeen Asset Management boss confirms “no plans” to step down
The company issued a strong denial of the claims
10/27/2015
Chinese conglomerate launches Asset Management business In Russia
Will provide full financial support to the unit in its investment activities
10/27/2015
Bank Of Butterfield Acquires Bermuda Trust Company Ltd And The Private Banking Investment Management Operations Of HSBC Bank Bermuda Limited
The transfer is expected to be completed in the first half of 2016.
10/26/2015
Reports Aberdeen Asset Management is up for sale are strongly denied
In a note to investors, Peter Lenardos, managing director at RBC, acknowledged the firm was “in a weak position, hampered by ongoing net outflows that are having an adverse impact on profitability”. But he said a sale process “would be a
10/26/2015
What a Raymond James Deal With Deutsche Could Mean, And Cost
But those advisors are big producers in large markets where Raymond James has a small presence.
10/25/2015
Coming over here and stealing our women... by Justin Urquhart Stewart
Constructive inward investment or selling out to Johnny Foreigner
10/25/2015
Nurturing your wine, nurturing your wealth by Penny Lovell
“Good wine is a good familiar creature if it be well used” Shakespeare, Othello
10/25/2015
Deutsche splits asset and wealth management
It will be an independent unit within the bank’s private and business clients division.
10/23/2015
The implications of the UK’s clampdown on non-doms
The single family office, which provides a range of services to wealthy families, may be under threat, according to King-Christopher.
10/23/2015
Confusion prompts wealth manager rebranding
Alongside the name change, the business has undergone a full rebranding, including a new website.