07/23/2014
“First-half results were adversely impacted by exceptional legal and regulatory expenses,” Chief Executive Officer John Williamson said in the statement. “I remain optimistic about the future, with the prospect of fewer distractions and
07/23/2014
Leading private bank quitting the island
The international firm is pulling the plug on the provision of banking and wealth management services from the island.
07/23/2014
Succession has acquired a Halifax-based advice firm for £3m
07/22/2014
Chinese fund groups eye UK launches
Three of China’s largest asset managers are said to be mulling UK expansion and are close to launching funds in the country.
07/22/2014
Arbuthnot Banking H1 pretax profit up almost five fold
Pretax profit rose to 9.5 million pounds from 2 million.
07/22/2014
Arbuthnot Banking Group has agreed to sell its structured product business by the next quarter of the year.
07/21/2014
Wealth manager and stockbroker WH Ireland has reported strong profit growth in the six months to May
07/21/2014
Discretionary wealth management group reports revenues up 50%
Revenues were up 50% at £7.3m, earnings before interest, tax, depreciation and amortisation rose by 97% to £0.81m and pre-tax profits were up 55% at £0.54m.
07/21/2014
Julius Baer Says Russian Clients Inactive Amid Tensions
Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, said its affluent Russian clients were less active in the first half of the year amid political tensions in the region.
07/21/2014
True Potential LLP pre-tax profits up by 104%
True Potential Associate Partners and True Potential Adviser Services) remains one of the fastest-growing technology and financial services companies in the UK.
07/20/2014
The group is understood to have told 11 of its 25 London-based dealers late last week that their job is at risk
07/18/2014
Credit Suisse CIO: trades to help you relax on the beach
We are gripped by the idea of volatility being too low
07/18/2014
Wealth manager ponders market listing in London
The group is close to hiring Evercore Partners, an advisory firm, to explore the proposal, although no decision has been made on whether to pursue a listing.
07/18/2014
Walker Crips boosts revenues after hiring spree
New hires in the quarter included Steven Moss, Mark Entwistle, and John Fletcher, all of whom joined from Barclays Wealth.
07/18/2014
The agreement will allow Arbuthnot Latham to focus on its core private-banking business
07/18/2014
HSBC Head of Retail Banking and Wealth Management, Glen Tonks, says the change in approach is "market leading" and is being rolled out across the global HSBC network.
07/18/2014
Bank of America Merrill Lynch's co-head of leveraged finance for EMEA has left the US bank after five years.
07/17/2014
Brown Shipley triples profits as it embarks on hiring spree
Brown Shipley saw pre-tax profit triple to £7 million over the course of 2013.
07/17/2014
Isle of Man senior stockbroking figures made life members of CISI
members of CISI. This free life membership acknowledges their important contribution to the Isle of Man branch and to the industry.’
07/16/2014
London based financial software company, Third Financial Software, have agreed a sponsorship deal with British Triathlete, Laura Fidler.