04/30/2012
Pay row risk at Standard Chartered
Standard Chartered hit the headlines in March when its annual report revealed the $92m remuneration figure.
Wealth and Asset Management
04/30/2012
Prince of Liechtenstein threatens to quit
But the current ruler, Hereditary Prince Alois von und zu Liechtenstein, has threatened that his 900-year-old family will drop its royal duties if Liechtenstein passes a referendum eliminating the prince's veto, a power enshrined in the constitution.
04/30/2012
Alliance Trust chief defeats shareholder rebellion
In the dispute, which has rattled the polite world of investments trusts, Laxey Partners, which holds a 1.7pc stake in Alliance, complained of "five calendar years of consecutive under-performance".
04/30/2012
Private Health Partnership in link with wealth management firm
Wealth management company Pearson Jones is combining its employee benefits teams with private health insurance business The Private Health Partnership, which is based in Baildon, near Bradford.
04/30/2012
IKEA partners with Turkey's richest person to establish bank in Russia
According to a statement from Özyeğin's Credit Europe Bank in Russia, the new bank will be a partnership between it and the Ikano Bank, owned by IKEA's founder Ingvar Kamprad's family through Ikano Group.
04/30/2012
Aberdeen Asset Management Delivers Strong H1 Perfromance
The fund manager reported a rise of 7 percent in its revenue to £413.1 mln, up from £385.9 mln in 2011 with an increase in operating margins by 40.1 percent.
04/30/2012
Hargreaves slides down Rich List as Glencore billionaires emerge
Hargreaves Lansdown co-founder Peter Hargreaves has seen his personal wealth fall by nearly £200m in the last 12 months, according to the latest Sunday Times Rich List.
04/30/2012
Ruffer richer than the Queen
Jonathan Ruffer is richer than the Queen, according to an analysis of the wealthiest individuals living in Britain.
04/27/2012
Wilcocks & Associates targets private wealth market
Mr Wilcocks now heads a team of partners with a range of skills.
04/27/2012
7IM profits soar 82pc
It increased its platform assets under administration by 18 per cent from £2.2bn to £2.6bn.
04/27/2012
Barclays chairman to apologise to shareholders for mishandling executive pay row
It is thought he may also pledge to give shareholders a better return on their cash, moving the balance of rewards away from its executives.
04/27/2012
AXA Wealth teams up with Brooks Macdonald
AXA Wealth’s platform, Elevate, and discretionary manager Brooks Macdonald Asset Management can now offer advisers risk-profiled portfolios ahead of the Retail Distribution Review (RDR).
04/26/2012
Lloyds TSB Int’l woos Britain’s wealthy nomads
A central finding of all this research suggests that the current strategy of Lloyds TSB International, to expand its range of products and services targeted at Brits abroad, is practically a no-brainer.
04/26/2012
Barclays' investment bank helps profits to £2.45bn
Barclays reported a better-than expected 22pc rise in first quarter profits, with stronger performance in investment banking offsetting an increased provisions for insurance misselling.
04/26/2012
BME incurs loss year-on-year
Quarterly results have been conditioned by a lower equity and derivatives volumes context, based on the general economic environment, regulatory limitations on trading, and an average general price correction. Nevertheless, the diversification of the busi
04/26/2012
Old Mutual Asset Managers and Skandia Investment Group to merge
The unified business will give Old Mutual a significant asset management presence in the UK, from which it can drive future growth.
04/25/2012
France’s Carmignac Gestion opens its London office
It hopes that its establishment in the UK will enhance relationships with wealth managers, family offices, private banks, IFAs and institutional clients.
04/25/2012
Apcims: when firms can retain ‘independent’ label
It added that such a move would result in a ‘significant’ increase in the number of Apcims firms that can offer independent advice.
04/25/2012
Williams de Broë eyes Midlands RDR opportunity
Quin said the business was always looking for new partnerships, although he stressed that the adviser quality had to be right, and the firm’s concentration of IFAs was comparatively small.
04/25/2012
Sharp improvement for Credit Suisse
Credit Suisse eked out a small first-quarter profit on Wednesday, confounding analyst forecasts for a big loss due to a 1.5 billion Swiss franc charge on its own debt, as it cut more costs than expected.