08/12/2016
Tiny German bank breaks taboo by charging rich clients for deposits
Several German banks have passed on the ECB's negative deposit rate to large commercial customers such as companies and institutional investors
Wealth and Asset Management
08/12/2016
Demand for income security sees MetLife’s AUM hit £5bn
Growth has been accelerated by MetLife’s expansion into Isas
08/12/2016
Beagles doubles Brewin Dolphin stake on bid belief
Clive Beagles and James Lowen believe wealth manager could be a bid target after 'Brexit' vote
08/12/2016
WM Profile: SJP’s Ralph on acquisitions, opportunities and vertical challenges
We are vertically integrated in that we manufacture and distribute.
08/11/2016
Old Mutual profit up on lower tax expenses
As part of its separation, the investment firm on Tuesday announced the sale of its Italian wealth arm to private equity-backed Ergo Italia for €278m.
08/11/2016
Lloyds boss Antonio Horta-Osorio probed by his own bank
He visited the city for a banking conference, but pictures published in the Sun yesterday showed the married father-of-three also taking a boat trip with Dr Piatt, 45.
08/11/2016
Brexit Uncertainty Has Wealthy Asians Looking West
Increased uncertainty and volatility has accelerated the trend
08/11/2016
Old Mutual to cut jobs in London as part of restructure
The head office in London is being restructured to support a holding company focusing mainly on two functions.
08/10/2016
Record breakers - St. James's Place
Governor Mark Carney indicated that the BoE had chosen to prioritise supporting growth over taming inflation.
08/10/2016
Deutsche Asset Management invests €490m in Spanish retail property
The company said, that since opening in 2001, the asset had maintained a solid performance and continuously increased sales and visitor figures.
08/10/2016
Chester Financial Planner Acquires Yorkshire Counterpart
Beaumont Robinson managing director Michael Wall will take on the role of regional director for OMWPCA.
08/10/2016
Rothschild & Co's revenue rises on increase in M&A business
The company said market volatility had adversely affected client activity in its private wealth and asset management business, resulting in a 5 percent drop in revenue to 89.4 million euros.
08/10/2016
Son to inherit £8.3bn family fortune after death of Duke of Westminster
The 64-year-old father of four was said to be worth around 10.8 billion dollars (£8.3 billion), according to Forbes, making him the 68th richest person in the world, and third in the UK.
08/10/2016
The surge in wealth mergers
This analysis looking at the increasing trend towards M&A activity should also be balanced by a consideration of the other issues that are driving wealth management firms towards growth and consolidation.
08/09/2016
City Chief Is Mystery Heathrow Hub Backer
A Marshall Wace hedge fund manager is the biggest investor in a scheme to extend one of Heathrow's runways, Sky News can reveal.
08/09/2016
Old Mutual sells Italian business for €278m
“I am extremely proud of the Italian team and what they have achieved. I believe that the growth prospects of Old Mutual Wealth Italy will be enhanced under Cinven and ERGO Italia’s ownership.”
08/09/2016
Old Mutual sells Old Mutual Wealth Italy for €278m
The sale is subject to regulatory approvals and is expected to complete within six months.
08/09/2016
Standard Life's platform pushes profits to £341m
Standard Life said this drop was due to the impact of market volatility on investor confidence.
08/09/2016
Van Lanschot and Achmea agree sale of Staalbankiers’ private banking activities
Staalbankiers clients and employees will be advised of the takeover today.
08/09/2016
Welcome to Google Wealth! by Annie Catchpole, Scorpio Partnership
Ask any wealth manager who their future competitors will be and they’ll probably say one of the big-name private banking brands or a local boutique offering similar products and services to their own.