09/25/2014
RBC urges Hargreaves Lansdown to take big bank opportunity
Hargreaves, led by chief executive Ian Gorham is currently looking at a range of options for its cash, with management reluctant to go down the bank route as it would increase its regulatory burden.
09/25/2014
Hargreaves Lansdown chief Gorham sees pay jump to £10.6m
Gorham's basic pay remained static at £412,000
09/25/2014
Broadstone sells wealth management arm
Broadstone provides wealth management services to private clients, pension funds, charities and companies.
09/24/2014
The accolade, awarded by eprivateclient, a prestigious private client web site serving private client advisers, is called the eprivateclient’s Top 35 Under 35 2014
09/24/2014
RHJ International today announced that it completed the conversion of the co-investors' interest of 35.13% in Kleinwort Benson Group into RHJI shares.
09/24/2014
London-based wealth management firm to charge percentage of profit
The new pricing regime has been implemented after the company had achieved maximum investment growth for clients over the past two years by investing in top-performing funds.
09/23/2014
The last decade has created an inflection point for wealth owned by investment professionals, as they now account for a significant proportion of the ultra-high-net-worth segment of the UK wealth management industry
09/23/2014
‘Dinosaur’ Private Banks Losing to Startups, ABN Amro Exec Says
Digital financial companies are increasingly poaching clients
09/23/2014
Barclays announced on Monday that Akshaya Bhargava will become the new head of the firm’s wealth and investment management business.
09/23/2014
Luxembourg's Banque et Caisse d'Epargne de l'Etat maintained its classification as the ninth safest bank in the world, in the latest edition of the Global Finance magazine ranking.
09/23/2014
‘There are obvious gaps in our branch network. We are not going out aggressively to fill those gaps, but we will be opportunistic.’
09/23/2014
Fund buyers are taking profits in frontier markets after the recent reshuffle of constituents and a strong run of performance.
09/22/2014
James Fleming, Arbuthnot Latham chief executive, said the proposals would have “a disproportionate impact on smaller specialist lenders and would restrict us from being able to provide some elements of our banking services which are important to our
09/22/2014
The Net Promoter Score is a loyalty metric which gives an indication of how clients represent a company to their family, friends, colleagues and associates.
09/22/2014
He is said to be looking for £2.7 million in compensation in relation to the management of a $500 million hedge fund, LO AOG Energy.
09/22/2014
The company’s offshore investment business Skandia International will be rebranded to Old Mutual International early next year.
09/22/2014
Swiss private bank Julius Baer is interested in acquiring Coutts International, a unit of Royal Bank of Scotland, but will not get into a bidding war for the venerable British bank's overseas arm
09/22/2014
Barclays picks hedge fund platform founder to head wealth unit
With over 35 years' experience in the financial services industry he joins from InfraHedge which he founded in 2010 and was acquired by State Street Corporation at the end of 2013
09/21/2014
Rise of the new private banking clubs
Some banks still operate that way, but high street brands have also entered the market, offering “premier banking” and a relationship manager.
09/21/2014
When most people think of a “family business”, their mind instantly turns to some version of a little corner shop, most likely run by a husband and wife. If not that, as there are famous examples of very successful family businesses, then most