03/28/2012
The package, which will run alongside its existing independent advice model, is expected to be available in the market in Q2, and will offer a flexible, bespoke approach to what AXA Wealth currently offers by way of support and pricing.
03/28/2012
The bloc's parliament and member states are approving a draft law to implement Basel III, global rules to toughen up bank capital and liquidity requirements from 2013 to plug regulatory gaps highlighted by the financial crisis.
03/28/2012
The U.K.’s new budget has ignited all manner of class warfare. Retirees say it’s a gift to the rich at the expense of the poor. The wealthy say it’s another attack on success and job creators.
03/28/2012
Coutts has continued to see a steady increase in the number of client complaints filed with it, with banking complaints up almost 10% on the year before and investment complaints up 32.1%.
03/27/2012
Barclays wealth and investment management division today launches a new concept in client experience.
03/27/2012
At current market prices the holding is worth £13.5bn, well below the £45.5bn cost of the direct taxpayer bailout of the bank in late 2008 and early 2009.
03/27/2012
If markets avoid a fresh round of volatility, the privately-owned wealth manager could float within the next 18 months.
03/26/2012
Banks were yesterday ordered to put their houses in order to stop a new financial crisis crippling the country.
03/26/2012
Prince & Associates have suggested that at the height of the boom, US bankers spent close to two thirds of their bonuses on luxury.
03/26/2012
The FSA identified deficiencies in nearly three quarters of the PEP and high risk customer files reviewed.
03/26/2012
Aberdeen says the latest figures reflect “the continuing theme” of flows into higher margin products across the business.
03/23/2012
The 30 per cent Club Investor Group is stepping up its commitment to get more women on the boards of UK companies.
03/23/2012
It’s not surprising that CEOs and other decision makers would want to promote these issues. The skeptics can say that this is self-serving and benefits business.
03/23/2012
The Aim-quoted wealth management group reveals yesterday (21 March) three directors sold 385,000 ordinary shares of 1p each in the company.
03/23/2012
Braveheart said the deal consolidates its position in Yorkshire.
03/23/2012
The decision to set up a new business unit specialised in meeting the needs of professionals in sports and culture is predicated on the unique characteristics of this group, whose earnings potential is restricted to a short period of time.
03/23/2012
Asia-focused bank Standard Chartered Plc paid its 13 top executives and bankers $92 million for last year, including $13.4 million for the head of its investment bank Mike Rees.
03/23/2012
Stockbroker WH Ireland has swung into black after a hectic year saw the group increase its turnover by just over 25%.
03/23/2012
The asset manager's net new sales also increased and climbed by close to a third in 2011 to £1.7 billion.
03/23/2012
Coutts appoints new Chief Financial Officer
She joins from Lloyds Banking Group where she was Finance Director of the Corporate Banking Division.