05/26/2014
Wealth manager Brewin Dolphin poised to announce plans to launch a new online ‘DIY’ service for retail investors
The new plans are expected to be unveiled tomorrow when Brewin announces its interim results.
Wealth and Asset Management
05/26/2014
Standard Chartered to close Swiss private bank -media
The Asia-focused bank said in February it was looking to sell the Swiss private bank as part of a plan to shed several businesses as it sharpens its focus on Asia, Africa and the Middle East.
05/23/2014
Close Brothers records a 4% rise in AuM in third quarter
There was a good result in Banking with the loan book now £5.1bn, up 10% year to date.
05/23/2014
Buying a home in London’s most affluent areas is becoming unattainable for anyone without a billionaire’s bank balance
Home prices in the capital’s most desirable areas have jumped more than 60 percent since 2009
05/23/2014
AXA Elevate assets hit £8bn
Elevate also halved prices for assets over £5 million, from 0.22% to 0.10%
05/23/2014
Bank offers London property bond deal
Buying a home in London’s most affluent areas is becoming unattainable for anyone without a billionaire’s bank balance.
05/23/2014
Competition for deals is rife, says Brown Shipley banking head
Brown Shipley incoming head of private banking Hugh Titcomb is keen to avoid this fate.
05/22/2014
River & Mercantile IPO targets £12m
River & Mercantile has confirmed its plans to float in a move which the asset manager expects to raise £12 million of new money.
05/22/2014
Saga float will boost company’s wealth arm
A successful initial public offering by Saga, the company focusing on the over-50s market in the UK, will help to boost the company’s wealth management arm, Michael Hewson has predicted.
05/22/2014
Leading asset managers slam market's short-term focus
Human activity has already degraded Earth’s resources
05/22/2014
Brown Shipley's new banking head on his growth strategy
‘Acquisitions are certainly something we will consider here and we regard it as part of our growth strategy, but our growth strategy is not based on a requirement to make acquisitions,’ he says.
05/22/2014
Cirencester targets growth with protection launch
An individual income protection contract is set to be introduced by Cirencester Friendly
05/22/2014
Two more advisers sign up to join Succession
Succession Advisory Services has acquired two further chartered financial advice firms
05/22/2014
Norway’s $33 Billion Man Steps Up Search in Asia Real Estate Bet
Karsten Kallevig, the head of real estate at the world’s biggest sovereign wealth fund, has at least $33 billion to spend.
05/22/2014
Legal & General Offers Coutts Building for Sale at $285 Million
It’s the first time in 110 years that the property is being sold as a single asset
05/21/2014
BNP Paribas Wealth Management Unveils Its New Brand Positioning
It has been adapted in some 30 countries with local brand identities and in 11 different languages.
05/21/2014
UK Private Bank appoints new CEO
He has had a 30-year career in banking
05/21/2014
Cazenove looks to offer discretionary clients Diversity
Cazenove wealth management clients with less than £200,000 for bespoke portfolios may be offered Diversity range
05/21/2014
Bankers' Bonuses Back In The Spotlight
The issue of bankers' pay has been a "hot potato" ever since the global financial crisis hit our shores.
05/21/2014
Bond Drought Hits Buyers in $2 Trillion ABS Market: Euro Credit
The $2 trillion asset-backed securities market in Europe is out of kilter as growing demand for the debt, which policy makers are promoting as a savior for the region’s economy, meets shrinking supply.