10/28/2019
Andrew Bailey speech at Lord Mayor’s City Banquet
There are strong benefits from free trade and open global financial markets.
Comment, Analysis & Research
10/28/2019
Monet’s Water Lilies, 7 private jets, a US$1.3 million Cartier ring – the most extravagant purchases made with dirty money in the UK
More than US$400 billion of dirty money has flowed into the UK in the past 30 years – accepted by the likes of Harrods, Sotheby’s, Chelsea FC, Citigroup and the Royal Bank of Scotland
10/28/2019
Can rudderless HSBC steer a path through jobs cuts, infighting and Hong Kong chaos?
There are hundreds of people waiting for those lifts and there are 27 HR steps between making someone an offer and giving them a contract.
10/28/2019
One good scare by Tim Price
So what happens to the value of money when trust in our political, social and ideological systems flies out the window ? Stay tuned..
10/28/2019
All about change - Frontiers in Finance
Challenges and opportunities facing banks, insurers and asset managers as they transform for sustainable growth
10/28/2019
Picking resilience - market highs call for thoughtful stock selection - Sanlam
The Vision Fund is well known for taking large positions in high stakes start-ups with unproven business models, but that have disruptive potential.
10/28/2019
Revealed: The Most Gender Equal Countries In The European Union 2019
Denmark was classed second with 77.5 points.
10/28/2019
HSBC warns of restructuring pain ahead as outlook darkens
HSBC reported pre-tax profit of $4.8 billion for the third quarter on Monday, compared with the $5.3 billion average of analysts’ forecasts.
10/28/2019
Almost half of wealth managers will fail if they don’t digitally innovate, says new research
In terms of how wealth managers plan to improve their digital propositions, 57 per cent are partnering – or are planning to partner – with specialist technology firms, while 22 per cent intend to build in-house solutions.
10/28/2019
Fed Should Continue to Deliver
Sterling seems to be discounting that surely there has to be some political resolution.
10/28/2019
UK wealth industry assets break through £1 trillion
Wealth industry assets climbed above £1 trillion for the first time earlier this year, research from benchmarker Compeer has found.
10/27/2019
PIMFA Calls for the Regulator to Raise The Bar
PIMFA has suggested that the DB transfer market would benefit from targeted and more rigorous supervision of the industry.
10/24/2019
U.K.’s Dirty Money Trail Leads to Private Schools, Crocodile Handbags
By analyzing 400 cases with a British link over the last 30 years, researchers found that illicit funds had moved through 86 banks and financial institutions, 81 law firms, 62 accountants, and more than 2,200 companies in Britain and its overseas territor
10/24/2019
Germany’s Wealth Fund to Go Where Even Norway Fears to Tread
Norway’s $1.1 trillion sovereign wealth fund, the world’s largest, also has permission to put money into real estate and infrastructure
10/24/2019
Conscientiousness is key personality trait for successful financial advisers
Advisers also show high levels of intellect, or openness to experience, which have been advantageous during the substantial regulatory changes since the Retail Distribution Review (RDR).
10/24/2019
Nordea's new CEO has work cut out as bank plunges into the red
In the third quarter Nordea said it faced one-off charges totalling 1.3 billion euros ($1.5 billion), resulting in an overall operating loss of 421 million euros for July-September.
10/24/2019
Manager M&A activity slowed in Q3 but on track for record year – PwC
There were 48 announced deals during the third quarter, down 24% from the previous quarter, but up 30% from the same period a year earlier.
10/23/2019
Swiss remain the richest in the world
Financial assets make up 55% of gross wealth in Switzerland – a little higher than their share in the UK, but less than in Japan or the United States.
10/23/2019
Is the Woodford Patient Capital trust a good buy opportunity?
The board is currently looking for a manager to replace Woodford, but some suspect that the trust may end up suffering the same fate, by being wound up with money returned to shareholders.
10/23/2019
What will shape the next generation of Nordic fund buyers?
Some, such as Weilby, have moved into senior roles at a relatively young age, with the 34-year-old now leading Copenhagen-based Spektrum’s overall fund selection efforts.