05/19/2013
Fund managers fear for EU bonus cap
A group of fund managers has warned that pending European Union bankers bonus cap rules could damage a significant part of London’s financial services sector.
Wealth and Asset Management
05/19/2013
City Bankers Plan to Dodge New EU Crackdown on Bonuses
Experts warn a crackdown on banker bonuses will lead to a surge in salaries and other pay types to compensate.
05/18/2013
Adam & Co sees profits double as costs reduce
Economic conditions will remain challenging for private banks
05/16/2013
ABN AMRO Private Banking recognised at Wealth Briefing Awards
The inaugural awards of Wealth Briefing aims to recognise best practise within the wealth management industry.
05/16/2013
ABN AMRO cuts 400 jobs as prepares for eventual sale
State-owned Dutch bank ABN AMRO is to cut 400 jobs, about 2 percent of its workforce, as it prepares for an eventual sale.
05/16/2013
Saunderson House gains 43 clients in three months
This represents a slight increase to the company’s client bank
05/15/2013
Societe Generale Private Banking and Campden Wealth announce "Campden European Families in Business Awards 2013" shortlist
The Awards highlight family businesses and leaders who have a remarkable history and have in common that they are drivers of economic growth in Europe.
05/15/2013
Coutts & RBS announce their support of Accelerate 2013
Major banks back Britain's world-beating businesses
05/15/2013
IFA firm buys two adviser client banks
The firm says it is on the lookout for more acquisitions
05/14/2013
Stockbroker rebrands by taking the name of parent company
An additional 10 London-based Investec staff will join the Irish operation to strengthen its corporate lending operation here.
05/14/2013
BNP Paribas Launches the BNP Paribas Individual Philanthropy Index
BNP Paribas has launched a first of its kind Individual Philanthropy Index which measures and reflects the commitment of individual philanthropists from Europe, Asia and the Middle East.
05/14/2013
HSBC May Sell Monaco Operations
HSBC Private Banking Holdings (Suisse) SA is conducting a review of HSBC Private Bank (Monaco) SA, as part of HSBC Group's strategic five-filter review.
05/14/2013
HSBC Signals 14,000 Jobs Cuts in $3 Billion Savings Plan
The bank expects to reduce the number of employees
05/14/2013
London & Capital launch Private Investment Office
Independently-owned discretionary wealth manager, London & Capital, has underlined its growing presence in the Ultra High Net Worth market, announcing today the launch of the London & Capital Private Investment Office.
05/14/2013
Blue-blooded Swiss banks bid for UK retail business
Swiss bank is changing the direction of its $11bn asset management business by expanding its presence in the UK wholesale market, necessitating high-profile appointments
05/13/2013
Dutch bank Van Lanschot to cut 250 jobs in reorganisation
Strategic choice for activities that preserve and create client wealth; Van Lanschot welcomes starters building wealth and deepens online offering
05/13/2013
Rathbones upbeat as assets jump 12 percent
Boosted by buoyant financial markets and recent takeover activity
05/13/2013
Citigroup Seeks the Wealth of the World
The recent turnaround in Citigroup's fortunes is great news for investors, as new management helps guide the bank to a more profitable future. Some of the bank's more lucrative sections, however, have been growing for some time, after being put
05/13/2013
Vestra Wealth plans to exploit FATCA opportunity with Vestra US
The new company is aimed specifically at clients that face the complex regulatory and tax issues
05/13/2013
Lord Rothschild's RIT Capital makes history after passing £2bn mark
Lord Jacob Rothschild's investment company RIT Capital Partners has seen its assets exceed the £2 billion mark for the first time in its history.