06/26/2012
St James's Place is still number one
ONCE again, wealth management company St James's Place is in the number one spot in the Top 100 Gloucestershire Businesses list.
Wealth and Asset Management
06/26/2012
Italy offers state aid to world's oldest bank
Italy offered up to 2 billion euros on Tuesday to plug a capital gap in the bank Monte dei Paschi di Siena, the second time in three years the cash-strapped state has had to bail out the world's oldest bank.
06/25/2012
Managers prepare to Fatca-proof wealthy
Non-US financial institutions must sign an agreement with the IRS by June 30 2013 to identify and report on clients with links to the US and more than $50,000 in an account.
06/25/2012
Cheltenham-based IFA firm in £725k deal
Today’s announcement marks AFH’s eighth acquisition since the company’s flotation in June last year.
06/24/2012
Thomas Miller Investment’s private client business targets clients with £250k after softly-softly launch
He also lured his former colleague, Andrew Herberts, an investment director at Adam, to join the new business which will target individuals with at least £250,000 to invest.
06/24/2012
Want to fly a fighter jet at 500 miles an hour just above the ocean off Cape Town
From historic hotels to private jet showrooms, the business of catering to the super-rich is still booming
06/24/2012
Societe Generale Private Banking partners the first European family business Awards
Family businesses play an essential role in the health of the European economy, representing more than 60% of all European companies and accounting for 40% to 50% of employment in Europe.
06/24/2012
Walker Crips raises £1.7m from Liontrust share sale
Walker Crips Group has disposed of its entire holding of Liontrust shares in order to pay investors a special dividend.
06/21/2012
Ray Soudah: the M&A outlook for UK wealth management
This is particularly evident in the UK and other similar jurisdictions which host a significant number of financial services firms, many of them private banks and wealth managers serving retail, affluent and high net worth individuals.
06/21/2012
ABN AMRO MeesPierson raise bar among private banking experts
Each high-net-worth individual has a unique situation and goals related to their wealth, and therefore a specific set of needs.
06/21/2012
Gulf banks eye European rivals’ Middle East assets
After years of building operations in the fast-growing Middle East and North Africa region, European lenders are shrinking back due to a crippling debt crisis at home and the need to raise capital to meet regulatory requirements.
06/20/2012
Training programme for wealth management in London
At Insight, Adam Mossakowski, the Fund Manager of the La Valette Sterling Income Fund and a UK and Global credit specialist, highlighted the systematic investment philosophy applied by Insight through precision methodology and diversification concept.
06/20/2012
France to push for eurobonds in Brussels
"I have no doubt that we will come to an agreement at the European summit in Brussels
06/20/2012
Dougan Doubts Mount Inside Credit Suisse as Stock Slides
Credit Suisse Group AG Chief Executive Officer Brady Dougan,
06/20/2012
RBC Wealth Management Trust and Fiduciary Services Business Among Top 25 Trust Companies
RBC Wealth Management’s British Isles Trust and Fiduciary Services business has been named on Private Client Practitioner’s list of the Top 25 Trust Companies for the second successive year.
06/20/2012
Liontrust assets rise, swings to profit
Assets under management rose to £1.5bn at 31 March - up from £1.3bn last time.
06/19/2012
Wealth managers set to lose market share: KPMG
Financial planning-led IFAs will pose serious competition to traditional wealth management firms that have been slow to adapt to regulatory change, a report from KPMG has claimed.
06/19/2012
Leading Swiss private banking group in WM acquisitions talks
Given the early stage of these discussions, the outcome is entirely open.
06/19/2012
World's wealthy are getting poorer - Research
Global high net worth population increased slightly in 2011, their investable wealth declined.
06/19/2012
Coutts Hit By AIG Misselling Bill
The taxpayer-backed private bank that counts the Queen among its clients, has begun offering customers compensation likely to run to millions of pounds for bonds missold to them at the height of the financial crisis, I have learned.