08/15/2014
IFAs on the hook for collapsed £60m offshore investment scheme
The largest investor backed the venture with £5m, although the majority were smaller investors with between £10,000 and £30,000, and are understood in part to be the clients of UK-based IFAs and wealth managers.
08/15/2014
wiss Banker Eyeing Assets of RBS’s Coutts
Seeking to acquire businesses with between 1 billion Swiss francs ($1.1 billion) and 10 billion francs of client assets under management, Syz said.
08/15/2014
Ashcourt Rowan acquired these companies as part of its purchase of Leeds-based UK Wealth Management in May.
08/15/2014
We have got genuine scope for expansion in the regions, it’s a core part of what we do.’
08/15/2014
The advice profession needs a strong, unified voice in order to get a 'seat at the top table' of financial services
08/14/2014
Dundee-based Verus Wealth is seeking to recruit staff to buoy a new service aimed at offshore contractors.
08/14/2014
British regulators had joined banks in campaigning against the bonus caps – they fear that if British banks cannot pay as much as US and Asian rivals, the best bankers will quit.
08/14/2014
‘Partnership will benefit from Rothschild's extensive experience of managing this asset class and Rothschild will co-invest alongside Partnership,’ the group told the stockmarket.
08/14/2014
Wealth management is booming, but business is about growing profits, not just revenues
08/14/2014
He also added there are no plans to drop the Adam & Company brand.
08/14/2014
Miller acquired 10,000 shares
08/13/2014
The Committee’s recommendation is that funds withdrawn from equities are held in cash.
08/12/2014
Feedback from the managers at the conference was that there is simply too much regulation in Europe
08/11/2014
From UK Wealth Management
08/11/2014
RBS To Split Up Coutts Private Banking Unit
The international unit, which employs 1,200 staff, has cut the number of countries it serves dramatically in a roughly three-year restructuring.
08/11/2014
Fund management boss says SWIP deal has diversified the company
08/11/2014
This structural change has meant a fertile market for hiring and winning clients.
08/11/2014
Royal Bank of Scotland (RBS.L) confirmed it was considering selling the international arm of its private bank, a deal one source said could net it as much as $1 billion (£595.76 million), as the British government leans on it to focus more on domest
08/10/2014
Mr Gulliver, who has overseen a significant reduction in the scale of HSBC Private Bank since becoming chief executive of the UK bank in 2011, said that its private banking arm needed to be managed “as a discrete business” in order to retain t
08/10/2014
Bankers face greater risk for smaller rewards, prompting fears of an exodus of top talent.