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Lombard Odier’s three-year plan to double UK wealth assets

Dominic Tremlett first came to London as Lombard Odier’s head of UK private banking two years ago

UBS to combine EU businesses in one unit: Handelsblatt

A preliminary decision on where the unit will be based is to be made next week, the paper said, adding that talks with German financial watchdog Bafin were advanced.

Rathbone Brothers' total funds soar by 24% to £27.2bn

Rathbones saw its funds under management boosted in 2014

Natixis to buy French asset manager

With tighter regulations constraining growth from traditional investment banking, Natixis aims to build up its asset management and insurance businesses to keep expanding.

Wealth-X acquires preeminent wealth market research and advisory firm

With the acquisition, Wealth-X will employ more than 250 professionals across offices in 13 cities, including London, Singapore and New York.

Property investment in Europe looks more promising says Deutsch Bank report

According to the bank’s Global Real Estate Strategic Outlook for 2015, European property markets continue to improve while those in Asia are experiencing a slowdown in growth rates

Isle of Man Budget at a glance

The 'tax cap', maximum individual income tax liability, to be increased from £120,000 to £125,000 for new entrants to the scheme. Mr Teare said the scheme would generate a direct economic benefit in the region of £125m over the

Under the bonnet of Heartwood-Handelsbanken tie-up

Heartwood was ahead of most rivals with its mass-market proposition launch last year

Rathbones to launch private office and rebrand in key 2015 moves

Rathbones is launching a private office for high net worths and plans to rebrand in key initiatives to meet its growth targets.

AFH Wealth Management buys KL Plester for £1.7m

AFH Wealth Management has announced the acquisition of Worcestershire-based KL Plester Financial Services Holdings for £1.7m.

Man Group 'in talks to buy UK asset manager NewSmith'

NewSmith will be placed in Man’s GLG unit if the deal is completed

WMA clashes with FCA on restricted investment labels

The WMA's criticisms form part of its response to the European Supervision Authority's (ESA's) discussion paper on key information documents for packaged retail and insurance-based investment products (Priips).

Rachel recognised with Gold award from Close

Close Finance’s Rachel Scott Renouf has won a gold award in the Group’s inaugural Recognition Awards.

Lenlyn prepares sale of one of Britain’s oldest private banks

But plans to sell the bank’s sister brand ICE, which is one of the world’s largest bureau de change businesses, have been put on hold.

Private banking: shrinking margins, stagnating client base

The following article is from the February 13-26 print edition of the Budapest Business Journal.

Deutsche Bank eyes slimmed-down universal bank model - paper

The bank is considering unveiling the new plan, possibly one of the biggest overhauls in decades

Will 7IM sale succeed after Transact's troubles?

It is understood that Zurich and Aegon have appointed investment bank Evercore to lead talks with potential bidders.

Managed funds criticised for being 'expensive clones' of indices

Campaigners says investors are being misled by over a third of so-called active funds

Swiss banks trade Zurich's costly charm for Polish provinces

Even before the Swiss central bank abandoned its cap on the currency in January, the cost of taking on someone in Poland was just 50 to 60 percent

North East well placed in growing economy, says leading wealth manager

UBS positive on region's prospects as he advises clients to remain "fully invested" on diversified basis

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