04/02/2014
Wealthy Migrants Boosting London's Economy Through Investor Visa Programme
This visa route is a positive step by the government Read more: http://www.digitaljournal.com/pr/1826594#ixzz2xjJhOGEy
Wealth and Asset Management
04/02/2014
Banco Santander Said to Buy BNP’s Private Bank Unit in Miami
Banco Santander SA, Spain’s biggest bank, bought the private banking unit of BNP Paribas SA in Miami to help to win more business from wealthy Latin American clients
04/01/2014
Banks' Expectations Are High for Wealth Management
Bank executives are kicking their wealth management businesses into high gear.
04/01/2014
Charles Stanley's Cardiff office opens it doors
The company hired a team from Barclays Wealth at the end of last year and the new office will be headed by Andrew Stansfield.
04/01/2014
Rathbone Brothers To Buy Jupiter Asset Mgmt.'s Private Client & Charity Opns.
The consideration would be received in cash and is subject to a minimum of 32 million pounds.
04/01/2014
Aberdeen completes £550m Swip acquisition and targets cost-savings
The acquisition, which creates a combined group with £324.5 billion in assets under management,
04/01/2014
Miton's AUM surge past £3bn, but profits dip
Miton saw its assets under management surge by 72% past the £3 billion mark in 2013 on the back of strong organic growth and the acquisition of PSigma.
04/01/2014
Wealth management firm completes £6.4m sale of Liverpool office
Wealth management firm has confirmed the sale of its Liverpool operation to Seneca Investment Managers.
04/01/2014
Blue-chip wealth management company eyes law firm acquisitions
The firm claims to be “radically” different from other financial firms by offering financial, investment, tax, accounting and legal expertise under one roof
04/01/2014
'Shanghai's Hutchison Whampoa' acquires 19.2% of German Private Bank
The investment was done by injecting about €98.5 million ($135.7 million)
04/01/2014
JPMorgan Tackles European Unemployment with $30m Jobs Scheme
Banking giant JPMorgan plans to help tackle unemployment in the UK and Europe with a $30m jobs scheme which will investigate how to get more people into work.
04/01/2014
Swiss asset manager Pictet to expand London operations
Swiss asset manager Pictet said on Tuesday it would expand its wealth management operations in London and hire between five and 10 bankers over the coming months.
04/01/2014
Ukrainian Wealth Floods London Housing Market
Russians are the second-highest spenders in London's property markets, followed by Kazakhs, Azerbaijanis and Georgians among buyers from the former Soviet Union.
04/01/2014
CORRECTED-UPDATE 1-Aberdeen Asset Management to cut costs after money leaves funds
Aberdeen Asset Management said it planned to cut costs after weakness in emerging markets drove more money out of its funds in the first two months of the year, lifting its shares.
03/31/2014
AFH posts £1m profit as it prepares AIM float
Strong Revenue Performance. Profit Growth. Increased Dividend
03/31/2014
Berenberg expands UK private banking team to serve ultra wealthy
German privately owned investment bank Berenberg has set up a new team in London to handle business with "ultra-high net worth" customers
03/31/2014
IoD lunch to highlight future prospects for Jersey’s finance industry
Geoff Cook, CEO of Jersey Finance, will be the guest speaker at this month’s IoD lunch to give a talk entitled ‘First for Finance: current performance and future prospects for Jersey’s Finance Industry’.
03/31/2014
Standard Chartered pays 118 bankers at least $1.4m
Asia-focused bank Standard Chartered paid 118 of its bankers at least $1.4m last year, topped by a $9.5m payout to Mike Rees, head of its wholesale or investment banking division.
03/31/2014
Chris Macdonald: we don't fear FCA in-house funds probe
Chief executive officer of Brooks Macdonald has welcomed the FCA's decision to launch a probe into how wealth managers use in-house funds.
03/31/2014
Towry to launch advisory investment service
Towry is set to launch an advisory service, following its acquisition of Bluefin.