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Raiffeisen open to making acquisitions in private banking

He said it was easier to grow in the asset management sector than private banking at the moment, due to uncertainty surrounding tax issues.

IFAs on the hook for collapsed £60m offshore investment scheme

The largest investor backed the venture with £5m, although the majority were smaller investors with between £10,000 and £30,000, and are understood in part to be the clients of UK-based IFAs and wealth managers.

wiss Banker Eyeing Assets of RBS’s Coutts

Seeking to acquire businesses with between 1 billion Swiss francs ($1.1 billion) and 10 billion francs of client assets under management, Syz said.

Ashcourt Rowan Sipp book sale hot on heels of FCA policy review

Ashcourt Rowan acquired these companies as part of its purchase of Leeds-based UK Wealth Management in May.

Quilter Cheviot sees Leeds and Newcastle opportunity

We have got genuine scope for expansion in the regions, it’s a core part of what we do.’

Sheriar Bradbury: Why aren't IFAs heard?

The advice profession needs a strong, unified voice in order to get a 'seat at the top table' of financial services

Dundee IFA sets sights on expansion to buoy offshore offering

Dundee-based Verus Wealth is seeking to recruit staff to buoy a new service aimed at offshore contractors.

HSBC joins RBS in £7.1m payout to bosses to dodge bonus cap

British regulators had joined banks in campaigning against the bonus caps – they fear that if British banks cannot pay as much as US and Asian rivals, the best bankers will quit.

Partnership turns to Rothschild as annuity sales slump

‘Partnership will benefit from Rothschild's extensive experience of managing this asset class and Rothschild will co-invest alongside Partnership,’ the group told the stockmarket.

Wealth Management’s Profitless Boom Time by Phil Banas

Wealth management is booming, but business is about growing profits, not just revenues

Adam & Co to close Manchester office

He also added there are no plans to drop the Adam & Company brand.

Brewin chair backs business with £29,000 stake

Miller acquired 10,000 shares

Private clients advised to reduce UK and European equities

The Committee’s recommendation is that funds withdrawn from equities are held in cash.

Guernsey Is Part Of The Solution For US Fund Managers

Feedback from the managers at the conference was that there is simply too much regulation in Europe

UK Wealth manager sells remaining SIPP business

From UK Wealth Management

RBS To Split Up Coutts Private Banking Unit

The international unit, which employs 1,200 staff, has cut the number of countries it serves dramatically in a roughly three-year restructuring.

Buying cheaply floats my boat, says Aberdeen's Martin Gilbert

Fund management boss says SWIP deal has diversified the company

Regulation transforms UK wealth management business

This structural change has meant a fertile market for hiring and winning clients.

RBS confirms it's considering sale of Coutts' international arm

Royal Bank of Scotland (RBS.L) confirmed it was considering selling the international arm of its private bank, a deal one source said could net it as much as $1 billion (£595.76 million), as the British government leans on it to focus more on domest

HSBC chief rejects Barclays Wealth model

Mr Gulliver, who has overseen a significant reduction in the scale of HSBC Private Bank since becoming chief executive of the UK bank in 2011, said that its private banking arm needed to be managed “as a discrete business” in order to retain t

Wealth and Asset Management