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Merrill Lynch Wealth Management Strengthens London Office

Merrill Lynch hires advisers from Barclays Wealth and Goldmans

BNP Paribas reports wealth and asset management profit drop

6 billion euros in NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS, DESPITE THE GREEK SOVEREIGN DEBT IMPAIRMENT increasing the provision to 75% of the total greek debt exposure, confirming the robustness of BNp paribas’ business model

Quilter eyes buy opportunities in its latest chapter

Vakil is keen to stress the deal is unlikely to prove ‘transformative’ for the business, with a strong focus on continuity.

Credit Suisse Named Best Private Bank Globally

Euromoney is a leading publication for the global banking and capital markets communities.

Scottish adviser Dunedin goes into liquidation ‎

Helvetia said yesterday that Dunedin, at the time of the £4 million acquisition the largest privately owned IFA in Scotland, had been “reluctantly” wound up.

Pictet AM launches EUR Short Term High Yield fund

In an environment of moderate growth, low inflation and deleveraging, EUR high yield short dated bonds offer an attractive risk/return profile in a European market that has matured at a rapid pace over the past several years.

Cameron calls for truce on bonuses

The government plans to play down the significance of banker bonuses over the rest of the bonus season as it attempts to call a truce in the war of words between politicians and bankers.

High-rate pensions tax relief faces axe

Wealthier savers should be stripped of the higher-rate tax relief on pensions, Chief Secretary to the Treasury Danny Alexander suggests, in a move that will increase pressure on George Osborne to make the rich pay more.

City Asset Management hit by 98% drop in pre-tax profit

City Asset Management has seen its pre-tax profit fall 98% as ‘sluggish’ markets hampered growth.

Is bashing barclays bankers justified

As Barclays reveals its profits Channel 4 News Business Correspondent Sarah Smith asks if, in this case, it is time to stop the popular pastime of banker bashing?

BNY Mellon announced as new Boat Race Title partner

Over 300,000 people watch the Race from the riverside and the event is shown live on BBC TV as well as being transmitted to over 200 countries around the world.

Former Merrill Lynch banker to promote Qatar as rival to the City

Famed for his "little black book" of City contacts, was also appointed one of David Cameron's ambassadors last year and advised the Mayor of London on measures the City should take to remain globally competitive.

Vertem Asset Management judged one of best in the UK

Investment news and data specialist Citywire, has named the Collingwood Street firm in its Top Ten Wealth Manager profiles of the year for 2011.

City's bars and retailers gear up for the annual bonus extravaganza

Stephen Hester, chief executive of Royal Bank of Scotland (RBS), won't be collecting his £1m bonus this month, but thousands of other bankers will. Boodles, and other high-end jewellers, including Bulgari and Theo Fennell, in the historic Royal

The rich lose a little faith in their wealth managers

The satisfaction levels of high new worth individuals (HNWIs) with their main contacts at UK wealth managers has fallen this year, with a decline in those saying they are 'very satisfied' with the service received.

Coutts hosts 'Women in Philanthropy Forum'

On Friday, over 60 philanthropists came together at Coutts’ head office to discuss and explore the important role that philanthropy can play in supporting women and girls in the UK and internationally.

Old Mutual sells asset management subsidiary to Goldman Sachs

Dwight is expected to become a wholly-owned subsidiary of GSAM in the second quarter of 2012.

UBS makes a meal out of ethics at a client lunch

On its menu the bank claimed the food on offer was as ethically sound and tasty as their business practices

Societe Generale Private Banking expands wealth management structure in France

Societe Generale Private Banking continues to strengthen its presence in France’s regions and is establishing its private banking teams in Nantes, Nice and Toulouse.

Punter Southall acquires PSigma Asset Management

Punter Southall Group has today announced that it has taken 100 per cent ownership of fund management boutique PSigma Asset Management.

Wealth and Asset Management