02/08/2016
It goes on. And on. And on by Tim Price
The following commentary was first published in July 2013. Current events would seem to justify republishing it, in somewhat modified form, today.
Wealth and Asset Management
02/08/2016
Killik & Co unveils details of revamped HNW service
Killik has now revealed that each team will have a broker as a single point of contact for the firm and an overseeing markets expert responsible for allocation.
02/05/2016
Tilney Bestinvest to acquire Ingenious Asset Management
The deal is expected to complete in April, subject to regulatory approval.
02/04/2016
Private Investor club completes first deal of 2016
High Net Worth individuals can access these opportunities through our Investor Club, and we’re seeing strong levels of interest amongst prospective investors at this time.
02/04/2016
RBS calls off planned sale of India banking business
The India operations of the RBS banking business comprise corporate and institutional banking, trade finance and cash management.
02/04/2016
OM Asset Management Sees Fall In Fourth-Quarter Net Income
In a statement, the New York-listed asset manager said economic net income amounted to USD36.5 million in the three months ended December 31.
02/04/2016
Tilney Bestinvest cuts Sipp costs
The self-invested personal pension’s account fee has a starting tier of 0.3 per cent for balances up to £250,000, leaving only the fund charges.
02/03/2016
World's second-oldest bank is used to taking long view
A bank established more than 400 years ago does not need to rush into things.
02/02/2016
BNP Paribas to simplify its wealth management structure
The move would fit with the bank’s broader plan to review operations, cut expenses and boost cross-selling, as compliance and regulatory costs weigh on profitability targets.
02/02/2016
Close Bros Asset Finance sets the pace for the industry as staff nurturing plans expand
At the same time, and quite apart from loan growth, CBAF successfully managed to differentiate itself in the marketplace – and from its competitors – in a series of unique corporate manoeuvres.
02/01/2016
Sometimes, the wisdom of life can be found “in a grain of sand” by Penny Lovell
Take control of your financial future
02/01/2016
Banker to the Queen, Coutts, is to close its Liverpool branch in weeks
Coutts targets wealthy people with at least £1m in 'investable assets' and has been in the city for less than 13 years
02/01/2016
Tilney denies interest in Towry acquisition
The reports follow the news in December that Palamon Capital Partners, Towry’s private equity backers, had decided to sell the advice business, then reportedly valued at £600m, after giving up on plans to float it on the stock market.
02/01/2016
Yearsley teams up with ex-Hargreaves colleagues for HNW service
Davies and Yearsley worked alongside each other at Hargreaves Lansdown where the former was a board director and latter worked in fund research.
02/01/2016
Three iconic personalities on display at SYZ
The Swiss banking group SYZ has unveiled a new advertising campaign centred on iconic personalities.
01/29/2016
Praise for JTC in SafeCharge Guernsey migration
The group's migration to Guernsey represents a key milestone and gives us a strong base from which to access the major London investment market and continue to grow the business
01/28/2016
GAM targets new markets, plans global expansion
As GAM eyes expansion in Asia, Europe, and Latin America; James Weston explains his role as the head of international advisory and how the asset manager differentiates itself from its peers.
01/28/2016
True Potential launches retiring IFA service
This comes as research from True Potential suggested the number of advisers has plummeted from about 200,000 sales advisers in 1990 to less than 23,000 financial advisers today.
01/27/2016
Fosun considers selling stake in German BHF Bank to Oddo
BHF Kleinwort Benson Group has announced that the Company's Board of Directors has published its response memorandum in respect of the mandatory public takeover bid launched by Oddo et Cie SCA
01/27/2016
HSBC board to meet, China's role in Hong Kong a factor in HQ debate
At the two-day meeting, directors will also focus on the bank's strategy, with a decision on the domicile issue possibly coming as early as this week.