04/30/2012
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
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 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
Jonathan Ruffer is richer than the Queen, according to an analysis of the wealthiest individuals living in Britain.
04/27/2012
Mr Wilcocks now heads a team of partners with a range of skills.
04/27/2012
It increased its platform assets under administration by 18 per cent from £2.2bn to £2.6bn.
04/27/2012
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’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
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 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
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
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
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
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
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
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.
04/25/2012
He joins from Citi Private Bank
04/25/2012
He was chairman of UBS investment bank, is expected to join BofA Merrill in coming months and will be based in London
04/25/2012
Barclays Chief Executive Officer Robert Diamond is betting that rising profitability at the investment bank he built will allow him to fend off a shareholders’ revolt over his compensation.
04/25/2012
Standard Life's retail platform assets rose 26% in the first quarter of the year compared with the same period in 2011, as the group added an extra 41 adviser firms on its wrap.