08/14/2012
Acta Holding to acquire Swedish wealth management company
Hagberg & Partners has since 1994 worked with creating value for its clients through qualified financial advisory. Satisfied and assured clients are what is the most prominent in the company's philosophy.
08/14/2012
Shares in the FTSE 100 life insurer reached their highest level since 2008 after first-half operating profits rose 15 per cent to £302m, surprising analysts who forecast a 3 per cent fall.
08/13/2012
The deal will see $84 billion in assets under management and more than 2,000 employees transfer to Julius Bär, which will now be operational in several new markets, including Luxembourg, Spain, India and Ireland.
08/13/2012
It will also turn his specialised vehicle into a more attractive proposition in the eyes of income-seeking investors.
08/13/2012
Assets under management up 2%
08/13/2012
Net new money inflows at Group level were CHF 0.9 billionfor the first six months of 2012, up from the CHF 0.6 billion reported in the first half of 2011 and a significant improvement on the net outflows
08/12/2012
Analysis by the FSA before it launched its review suggested consumers were losing £43m a year because of advisers, driven by commission, encouraging them to switch pensions.
08/12/2012
A ‘Millionaire Monitor’ survey of the country’s super-rich revealed that more than half of them now have ‘no confidence’ in the Government’s ability to lead the country out of recession.
08/12/2012
After the two countries struck the tax deal in April, some Swiss bankers advised clients to transfer funds to Singapore or elsewhere before it was enforced, according to a German media report.
08/12/2012
His comments come in the wake of the Libor scandal that has seen Barclays slapped with a £290m fine for manipulating the key benchmark borrowing rate.
08/12/2012
Earlier this year HSBC shut down its in-branch financial planning arm, resulting in the loss of 550 adviser jobs. The bank still offers investment advisory services for “Premier” customers with about £150,000 in investable assets.
08/12/2012
Approximately two thirds of IWM AuM are from clients domiciled in growth markets in Asia (more than half), Latin America and the Middle East.
08/12/2012
BNP Paribas wins global private bank custody contract
Following an extensive tender and due diligence process to rationalise the business and optimise costs, the Bank’s management chose to consolidate its assets under custody with BNP Paribas based on the custodian’s global reach, technology offe
08/12/2012
Stather-Lodge said he planned to attract more advisers to work under the OCM brand and use its centralised investment proposition.
08/09/2012
The impulse to soak the rich isn't exclusively French.
08/09/2012
Paul Reynolds, president and chief executive of Canaccord, said the independent brokerage firm would "take a look" at small acquisitions in the U.K. that would prove "fairly attractive or highly accretive" to the company.
08/09/2012
The transaction, which will see Amundi sell its holding in the company, is subject to receipt of all required regulatory approvals. The financial terms of the agreement were not disclosed.
08/09/2012
What does every woman want? One French bank thinks it knows the answer: Handbag insurance and a handyman hotline.
08/09/2012
Financial advice is a tricky sell in the Valley. The place is full of Ph.D.s with problem-solving skills, an unusually strong aversion to fees, and no clue what to do with their money.
08/09/2012
He said Cazenove had found its investment approach had gained traction in the market.