03/15/2012
TOP staff at Barclays cashed in around £30m worth of shares this week, the bank said yesterday, just weeks after it revealed that chief executive Bob Diamond took home pay, shares and benefits totalling £17m last year.
03/15/2012
Profit before tax increased to £2.0m (2010: £1.0m) as the Bank continued to successfully implement its strategy of providing a full service banking and advisory product offering
03/15/2012
He will be responsible for defining and implementing the private bank’s commercial strategy, in coordination with the Executive Committee.
03/15/2012
London remains the top city in the world for foreign investment, according to a report that reflects the rise of emerging economies.
03/14/2012
A senior Credit Suisse trader will be paid a bonus for 2011 despite being fined £210,000 by the Financial Services Authority for "improper market conduct".
03/14/2012
WEALTH manager Brooks Macdonald has continued to enjoy solid growth in the funds it administers, even as markets tanked in the second half of last year.
03/14/2012
Close AM lost £2.6m in the period compared with a £6m loss in the previous six months.
03/14/2012
Family offices in Europe have cash and are not only willing to put it in hedge funds, they’re willing to place it with smaller managers.
03/13/2012
UBS AG (UBSN) and Deutsche Bank AG (DBK) said they don’t owe taxes over a 2003 compensation plan U.K. authorities argue was designed to avoid millions of pounds in taxes and national insurance contributions on employee bonuses.
03/13/2012
The exact location of the office is yet to be finalised, although it is understood that the office will open later this year..
03/13/2012
The acquisition of WCAM broadens the fund management capability at Liontrust, increases Liontrust's assets under management to more than £2 billion and gives the company one of the strongest ranges of UK equity funds and teams.
03/13/2012
The firm reported pre-tax profits of £66.8m in the six months to the end of January, up from £58.3m the year before.
03/13/2012
In its Retail Risk Conduct Outlook, published today, the regulator highlighted private banking and wealth management as an “emerging risk”, warning that poor conduct could lead to “widespread detriment”.
03/12/2012
Many banks are demanding that clients transfer assets of significant value to qualify for a lower mortgage rate, while others include a clause that says the interest rate will rise after six or 12 months if the promised cash or investments are not deposit
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