09/10/2012
Barclays could cut its controversial tax advisory unit as well as stop the sale of complex products to small business customers as part of a review of its scandal-hit investment banking arm.
09/10/2012
Bank signals more jobs could go amid plans to cut costs by €4.5bn a year and slash bonuses to senior staff
09/09/2012
He lives in Paris and has a home in Brussels, the daily said. “Contrary to the reports published today, Mr Bernard Arnault states that he is and will remain a French tax resident,” a statement put out by Arnault’s press office said.
09/09/2012
Nice little earner: Billionaire to pocket £45m in investment firm dividends
He led a management buyout of Ashmore from Australia's ANZ bank in 1999, owns 42 per cent of the shares in the firm which specialises in emerging market investment.
09/09/2012
Cheshire firm boosts assets by £22m with acquisition
Clarion, which has 13 staff, has around £100m funds under management.
09/09/2012
The unit falls under the remit of the Wealth Management businessrun by former BNY Mellon head of distribution Paul Feeney.
09/09/2012
Deutsche Bank co-Chief Executive Officers Anshu Jain and Juergen Fitschen, less than four months after taking over from Josef Ackermann, may be preparing the largest revamp at Europe’s biggest bank in eight years.
09/06/2012
The British government’s plan to raise a tax on luxury-home purchases sparked a last-minute dash by real-estate brokers to wrap up deals before the deadline hit in March. They needn’t have bothered.
09/06/2012
James Brearley is back in the black after slashing nearly £1 million from its wage costs following a restructure.
09/06/2012
Walker Crips is seeking to increase its presence in the adviser outsourcing space by rolling out a bespoke discretionary service, alongside a model portfolio range to intermediaries.
09/05/2012
Appointments as Investec Wealth & Investment integrates Williams de Broë
Investec Wealth & Investment has announced that the transfer of Williams de Broë employees and client accounts has taken place successfully and the businesses have now been combined under the single brand of Investec Wealth & Investment.
09/05/2012
Guy Huntley, UK head of the PCG, commented: “I am delighted with our partnership with MPC, which will bring a range of benefits to both brokers and clients. Read more: http://www.insuranceage.co.uk/insurance-age/news/2203396/chartis-pcg-and-markham
09/04/2012
The former trader at the firm’s investment bank in London pleaded not guilty in January to charges of fraud and false accounting.
09/04/2012
“There is likely to be another exodus of wealthy individuals if Nick Clegg manages to introduce a wealth tax,” said partner Camilla Wallace.
09/04/2012
"It would be appropriate if excessively high pay would narrow again towards that in industry," Blessing said, adding however, that any bank that took the first step to curb pay risked losing talented employees to rivals.
09/04/2012
Wealth manager launches seven risk-rated portfolios
The portfolios can invest in funds, exchange-traded funds and some direct bonds and there is a possibility it will one day invest directly into stocks and shares.
09/04/2012
He remains a member of the Global Wealth Management and Trust Executive Committee, the source said.
09/03/2012
German media have accused Swiss banks of telling German clients to shift money to Singapore, Asia's prominent finance centre, to avoid detection and taxation of their assets.
09/03/2012
Turcan Connell, which was represented by Eric Young & Co, already has offices in Edinburgh, London and Guernsey, but following research identified client demand for an office in the West.
09/03/2012
Firms that market themselves as ‘wealth managers’ must review their processes to ensure that they have sufficient controls to mitigate the potential for mis-selling and document every part of their advice process, according to one compliance e