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.
Wealth and Asset Management
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.
05/12/2013
HSBC puts a slice of private bank up for sale
HSBC has put part of its global private bank up for sale. It has reclassified assets as non-core, which reduced revenues and pushed the operation into the red in the first three months of this year.
05/12/2013
Deutsche Bank merger creates biggest family office in Germany
In its latest step to restructuring it asset management business, Germany's flagship bank is bringing its family offices under one roof
05/12/2013
Johim posts 10% profit rise ahead of Credit Suisse spin-out
JO Hambro Investment Management went into its March part management buyout from Credit Suisse on the back of a near 10% rise in profits in 2012
05/12/2013
Premier targets wealth managers with fund range revamp
Premier Asset Management has streamlined its fund range in a move to broaden its appeal in the wealth management market
05/12/2013
Towry boosts pre-tax profit by £1.1m on last year
Our business has grown significantly over the last few years
05/11/2013
What am I bid for a week's work at Coutts? - the Westminster school auction
Persuading wealthy supporters to stump up thousands of pounds to secure their kids internships
05/10/2013
Private bank highlights importance of customer service
Customer service has been at the heart of a new strategy by private bank Duncan Lawrie
05/09/2013
Cass to launch new Masters in Wealth Management
New postgraduate degree responds to demand for specialist training in wake of Retail Distribution Review
05/09/2013
Queen's bank predicts upturn
West Midlands are poised to help kick-start an economic upturn despite the slow pace of recovery
05/09/2013
Dutch insurer Achmea to pull £10.3bn from F&C
Overall it was a mixed quarter for F&C's strategic partners arm as positive performance
05/07/2013
Campaign calls for private investors to be allowed to buy into privatised companies when they float
Their campaign comes ahead of a spate of expected privatisations of state-owned enterprises