06/23/2015
Seventh employee fired at ABN Amro Dubai
Dutch state-owned bank ABN Amro has fired a seventh employee at its Dubai private banking desk following an internal probe into irregularities.
06/23/2015
Veritas Asset Management’s co-founder Anthony Rosenfelder says assets under management have more than trebled while staff headcount has more than doubled since he was a Wealth Manager cover star in May 2009.
06/23/2015
In 1997, an IBM computer named Deep Blue took on chess grandmaster Garry Kasparov and won. It was hailed as a major victory in the machine vs. man battle for supremacy.
06/23/2015
This means Europe now has reciprocal visa arrangements with the UAE
06/22/2015
The only thing we did have in common is our lack of the need of anything approaching a private bank.
06/22/2015
Seven Investment Management is currently owned by Allied Zurich Holdings Ltd and Aegon UK through 7IM Holdings Ltd.
06/22/2015
The phrase "Through A Glass Darkly" is often used to imply the lack of definition in seeing any specific object, thought or concept, either now or in the future.
06/22/2015
Rothschild could be in line for its first €10 billion-plus M&A win of the year in Europe
06/22/2015
Running a wealth business today clearly is not cheap – but have firms got a suitable grip on cost?
06/22/2015
Wealth managers may have struggled to generate alpha in 2014, but rising markets and low inflation meant they were comfortably able to generate positive returns for their clients.
06/19/2015
UK wealth management firm buys IFA for £7m; raises £19m for more deals
The share placing comes as the Leicester company agreed a deal to buy an employee benefits and wealth management business based in Buckingham.
06/19/2015
The acquisition of Coutts International will add around 30 billion Swiss francs
06/19/2015
FCA Approval for Maitland’s Acquisition of Phoenix Fund Services
The existing Phoenix Fund Services senior management team will remain as directors and will continue to fulfil key management roles within the combined organisation which will adopt the Maitland brand name.
06/19/2015
Hawksford formalises leadership structure
The new leadership structure reflects the nature of the work Hawksford is undertaking
06/18/2015
Weekly Close Up
06/18/2015
Setting up a boutique is by no means a walk in the park
06/18/2015
The agreement was signed by Malta Chamber President Anton Borg and Michel Cordina, Head of Commercial Banking at HSBC Malta.
06/18/2015
ABN Amro Group NV expressed support for the Dutch government’s plan for protecting the nationalized bank from hostile takeovers after it returns to private markets
06/18/2015
The UK's first private bank launch in 30 years has been given the regulatory green light.
06/17/2015
The IBC will be HSBC's largest branch in Malta by number of clients and will offer customised services in banking, lending, investment, and international account opening to both residents and non-resident personal clients.