09/19/2014
Analyst says pension rules good for wealth advisers
Wealth adviser St James’s Place is in a strong position to take advantage of the government’s changing pensions and Isa rules
09/19/2014
Where the biggest banking bonuses will be this year
Currency traders are expecting a £63,000 fall in bonuses amid an industry rigging scandal, while commodities trader pay-outs are expected to be up £38,000
09/19/2014
Wealth managers are having to merge to survive as regulation gets tighter
When Schroders, one of the UK’s oldest asset management companies, bought fellow City institution Cazenove in July 2013, the world of finance was shocked.
09/19/2014
The Skandia Scandal: Whose Fault? by Henrich Greve, INSEAD Professor of Entrepreneurship
Reputations are valuable and easily tarnished even by association: a little care and attention can help.
09/19/2014
Antwerp Diamond Bank Faces Liquidation as Sale Stalls
A KBC spokesperson declined comment, citing confidentiality, but said the bank would make a statement “if there was relevant news.” Antwerp Diamond Bank CEO Pierre De Bosscher and Yinren did not respond to requests for comment.
09/19/2014
STEP Private Client Awards 2014/15
Sir Michael Birt QC was honoured with the prestigious Lifetime Achievement Award
09/19/2014
The bank will face stiff competition in the UK, both from the private banking units within large High Street institutions, such as Barclays and HSBC, as well as established private banks like Coutts.
09/18/2014
Financial advisory firms who have been focusing on high net worth individuals to maintain profits since the Retail Distribution Review have been branded “short sighted” by Craig Palfrey, partner at Penguin Wealth.
09/17/2014
Efforts to tempt wealthy individuals to island increased
Guernsey is following in Jersey's footsteps with a campaign to attract wealthy people and their businesses to the island.
09/17/2014
Goldman and UBS miss out on Anglo's pot of gold
Goldman Sachs, UBS and Rothschild could have missed out on up to $25 million in fees after the proposed spin-off of AngloGold Ashanti fell through less than a week after being announced.
09/17/2014
Swiss Banker Urges Better Access to European Market
Switzerland should strike accords with European governments to secure better access for the country’s asset and wealth managers to clients in their major markets, according to the Swiss Bankers Association.
09/17/2014
Cass Business School strengthens ties between UAE and South African Bankers
This is the fourth time they have hosted the BANKSETA delegation, further strengthening the ties between UAE and South Africa's banking community.
09/17/2014
“Seven day-account switching will really come into its own when private banks start offering current accounts for all in 12-36 months’ time to promote early loyalty,” said Mike Davies
09/16/2014
Kleinwort Benson launches tailored DFM service for IFAs
“Our approach is to work very closely with a few dozen firms, which enables us to provide high quality service and support to those firms that genuinely want a strategic relationship with their DFM,” he explains.
09/16/2014
The research was conducted by the Leadership Factor, the UK’s leading customer survey specialist, and involved a sample of Nedbank Private Wealth’s high net worth private banking clients.
09/16/2014
Indefinite ban for former St James's Place senior partner
As a result, the Financial Conduct Authority has concluded that Carron lacks honesty and integrity, fined him £300,000 and banned him from performing any function related to regulated activities in financial services.
09/15/2014
Rothschild hired for women’s fashion retailer sale
Private equity group TowerBrook is pressing ahead with a sale of the fashion retailer
09/15/2014
Leigh Harrison: why Brazier and Weldon quit Threadneedle
Threadneedle’s head of equities Leigh Harrison has attributed recent high-profile exits to the managers’ desire to build their own businesses.
09/15/2014
Standard Life loans advisers cash to fund acquisitions
It said that the purpose of the funding was not to influence future business or asset flows to Standard Life products.
09/15/2014
Financial services failing to connect with younger generation, finds survey
59 per cent of millennials say products are not targeted at them