02/25/2014
Close Brothers Asset Management has launched a multi-employer master trust, known as YourWorkplacePension, to support SMEs approaching their auto enrolment staging dates.
02/25/2014
F&C has warned investors that its revenues will be lower than expected this year, ahead of its planned takeover by Canadian giant Bank of Montreal.
02/25/2014
Private equity firm ISIS Equity Partners has acquired a minority stake in specialist loan distributor Enterprise Finance.
02/24/2014
HSBC profits rise for 2013 thanks to cost-cutting
HSBC has reported a 9% rise in profit for last year, boosted by cost cuts as it restructured the business.
02/24/2014
HSBC hands allowances to more than 1,000 bankers to avoid EU bonus cap
Britain's biggest bank, HSBC, has risked inflaming the row over City pay by saying it is to award more than a thousand of its top staff allowances to avoid the EU bonus cap.
02/24/2014
BDO Unibank Inc., the Philippines' largest bank by assets, said Monday it has signed a deal to acquire Deutsche Bank AG's Philippine trust business.
02/24/2014
Walker Crips is launching a new brand, Walker Cambria, to offer services designed specifically for the Welsh market.
02/24/2014
HSBC Holdings Plc, Europe’s largest lender, said full-year earnings at its private bank dropped 81 percent as customers pulled money from its Swiss cross-border business and the firm made provisions for regulatory probes.
02/22/2014
HSBC will announce staff bonuses totaling just under 2.4 billion pounds globally for 2013 and is expected to report a significant rise in pretax profit,
02/21/2014
The combined company will be well-positioned in two of the largest and fastest growing wealth management markets in Western Europe; the UK and Germany.
02/21/2014
The bank, which is being readied for an eventual initial public offering, said 2013 marked the bottom of the economic cycle and that it sees signs of a recovery.
02/21/2014
The average annual management charge (AMC) for WealthSelect funds is 0.52%. The cheapest deal Skandia has negotiated is at 0.35% and the highest is at 0.70%.
02/20/2014
The appointment comes after the restructuring fund announced Friday that Goldman Sachs Group Inc. would advise it on a broad strategy on the privatization of Bankia.
02/20/2014
Rathbones profits up 15 pct as markets rise
Andy Pomfret, chief executive, Philip Howell, deputy chief executive and Paul Stockton, finance director, discuss Rathbone Brothers Plc's results to 31 December 2013
02/20/2014
7IM switches Income fund to a passive mandate
7IM to expand its active allocated passive range by changing the strategy on the CF 7IM Income fund.
02/20/2014
Private Client Solutions is made up of three people who will meet advisers and DFMs face to face to discuss tax solutions for HNW individuals
02/19/2014
In a statement to the Stock Exchange, AFH said it believes it has made sufficient progress to join AIM and that the move would help the company attract new investors and improve its profile.
02/19/2014
Credit Suisse has changed the way it offers bonuses to top staff in a new bid to make employees take on risk, in a way which meets the wave of new regulations.
02/19/2014
Alex Morley said he would aim to grow the firm “in a careful and considered fashion”, targeting an adviser head-count of 250-300 by 2017.
02/19/2014
Brewin Dolphin has tipped Rob Burnett’s Neptune European Opportunities fund for success in 2014 as it remains bullish on European markets.