07/16/2012
Goldman Sachs to build up private banking arm
Shift Into Lower-Margin Lending Reflects Harsh Climate Facing Wall Street
07/16/2012
Shift Into Lower-Margin Lending Reflects Harsh Climate Facing Wall Street
07/16/2012
Bloomberg reports that the unit set aside $4.91bn for pay in the first six months of the year, enough to compensate each of the 26,553 employees an average of $184,989 for the period, according to figures posted on the firm's website.
07/15/2012
The asset management arms of banks, many of which are keen to sell, are likely to head the list of acquisition targets.
07/15/2012
Royal Bank of Scotland-owned Coutts, which has served as banker to the Royal Family since the 18th century, said it had no evidence that client confidentiality had been compromised.
07/15/2012
Merrill Lynch Wealth Management professionals will explore the growing importance of these themes and the opportunities they present; highlighting ways in which the next generation can integrate them into their financial planning process and investment po
07/12/2012
The survey, which asked over 12,000 people whether they agreed with the statement "most rich people in my country deserve their wealth," found that this year nearly 15 percent strongly agreed and 28 percent agreed versus 12 percent and 27 percen
07/12/2012
Families in the top bracket had a total wealth of £4.5 trillion in 2008-10, whereas those at the other end of the scale only had £8 billion, an Office for National Statistics (ONS) study found.
07/12/2012
Under the terms of the agreement, Kairos will acquire Julius Baer Sim, while the Swiss group will have a 20% share in the asset manager.
07/12/2012
Next season, the 21st since the league was founded in 1992, kicks off on Saturday, 18 August.
07/11/2012
Heartwood, a wealth management services company, has mandated Cofunds as custodian for £130 million of its funds.
07/11/2012
The committee has upped exposure to risk assets such as European companies and cyclical stocks, which now appear at cheap valuations.
07/10/2012
Diamond was one of the world's highest paid bankers, earning a package worth £17.7 million last year.
07/10/2012
BSI had CHF77.7bn ($79.4bn) assets under management (AUM) in 2011, making its private banking business comparable in scale to the non-US wealth management unit of Bank of America Merrill Lynch with $90bn AUM.
07/10/2012
Through the platform clients will also be able to access Ashcourt Rowan’s research and best advice lists under a scaled pricing model.
07/10/2012
His recruitment follows on from the recent appointment of Andrew Wheeler as executive director, business development, Valentina Tacchino as head of private wealth management international and Clive Wright as head of private wealth management offshore.
07/09/2012
JPM UK Adviser will offer a range of products and services to help advisers looking to outsource their investment solutions.
07/09/2012
The Awards are designed to recognise the top family businesses and leaders in Europe and to highlight the essential role family businesses play in contributing to employment and economic growth in the region.
07/09/2012
Mr. Pinault said in the report that PPR is interested in buying small- and medium-sized companies with growth potential and may complete an acquisition this year.
07/08/2012
Positive revenue growth year on year, up 4% to £36.4m
07/08/2012
George Osborne is preparing to defend the right of British banks to pay large bonuses against EU plans to cap the pay-outs, it emerged last night.