03/12/2012
Fairbairn Private Bank expands discretionary investment management services
Fairbairn Private Bank has widened access to its discretionary investment management service with the inclusion of a range of collective investment funds
03/12/2012
Fairbairn Private Bank has widened access to its discretionary investment management service with the inclusion of a range of collective investment funds
03/12/2012
Bank of America Merrill Lynch is in talks with a leading banker at UBS as it seeks a senior figure to salvage its badly hit corporate broking arm.
03/12/2012
In the Private Banking segment, the bank reported higher 2011 results
03/09/2012
Gilliat places the deposits across five banks to reduce the risk posed by one going bankrupt, the London-based firm said in a March 5 statement.
03/09/2012
Business Secretary Vince Cable yesterday went public on Coalition talks on ditching the 50p top rate of tax and replacing it with new wealth levies.
03/09/2012
RBS said in January it was to divest its Dutch securities and M&A activities as part of a shake-up of its global operations
03/09/2012
Skandia UK, part of Old Mutual Wealth Management, saw positive net client cash flow (net sales) of £1.8 billion during 2011, driven by continued demand for its Skandia Investment Solutions platform.
03/09/2012
The losses incurred by its exposure to Greece were in the form of corporate loans guaranteed by the Greek government and not direct loans to the government in Athens itself.
03/09/2012
Skandia International, the offshore business of Old Mutual Wealth Management, is responding to the UK's Retail Distribution Review by investing £21m to roll out Wealth Interactive.
03/08/2012
CSWM said the portfolios have been launched to address what it considers a wrong approach to risk across the industry.
03/08/2012
The problem is that to achieve Mr Cable's aims could well be highly value destructive and mean the taxpayer has very little chance of getting back much of the £45.5bn directly injected into the bank to rescue it.
03/08/2012
The transaction is expected to complete in the second quarter of 2012.
03/08/2012
Turbulent market conditions, fewer investment transactions by clients and lower interest margin impacted results
03/08/2012
The firm confirmed today that the full range of ten risk-graded Growth Portfolios and its two Income Portfolios are now available via True Potential.
03/08/2012
In full year earnings for 2011 released on Thursday, Schroders said total net inflows were 3.2 billion pounds ($5 billion) with a 6.8 billion pounds net gain in institutional money outpacing a net outflow of 3.8 billion pounds of retail client money.
03/08/2012
Tops Forbes Global Count Billionaire Count by Double
03/08/2012
The business comprises assets under management of €540 million
03/07/2012
The move will see £1.2 billion of funds moved across to Cofunds’ institutional service, and Charles Stanley said it would help cut costs and in-house processing.
03/07/2012
The number of financial advisers intending to operate solely as an independent financial adviser has reduced significantly over the past year, with more advisers starting to swing towards restricted advice models, according to new research from Skandia*.
03/07/2012
Chief executive Edward Bonham Carter said: "2011 was a positive year for Jupiter, despite the significant headwinds presented by the Eurozone crisis and increased pressure on household finances.