06/10/2013
Sal. Oppenheim expects profit by 2015
Deutsche Bank's wealth management arm Sal. Oppenheim expects cost cuts
Wealth and Asset Management
06/10/2013
Old Mutual Wealth's Feeney in line for £400k bonus
The Plan will reward success in achieving these objectives by linking awards to the growth in value of the OMWM business through quality and sustainable earnings.
06/10/2013
National IFA opens Cambridge office
It plans to add a further five advisers over the next 12 months.
06/10/2013
Charles Stanley Profit and FUM increase
Profit before tax was £9.1 million (2011-12: £8.5 million), an increase of 7.0%.
06/10/2013
Deutsche Bank not eyeing takeovers in wealth management
Deutsche Bank co-chief executive Anshu Jain said the German flagship lender is not pursuing takeovers in asset and wealth management, a business the bank is seeking to grow rapidly.
06/10/2013
Towry’s Fisher hits back at Aviva over direct-to-consumer plans
Earlier today Aviva Life chief executive David Barral told the same conference that Aviva was looking at developing an online direct-to-consumer proposition to tap into its back book of clients.
06/09/2013
Commission to demand radical overhaul of punishment for bankers
City is to demand a radical overhaul of the punishment of bankers
06/09/2013
Bankers 'could wait 10 years for bonuses'
Parliamentary commission on banking standards could recommend delay to make it easier to claw back bonuses
06/09/2013
DEPARTURES Partners with Ledbury Research for Ongoing Quarterly Survey of the World's Foremost Luxury Brands and Businesses
The definitive luxury lifestyle publication DEPARTURES, curated exclusively for American Express Platinum Card(R) and Centurion(R) members, is finalizing a partnership with Ledbury Research, the leading international research firm specializing in luxury a
06/09/2013
One of the world’s largest private wealth managers to put its faith in property
One of the world’s largest private wealth managers is to double its allocation to UK commercial property in an attempt to cash in on a recovering real estate sector.
06/09/2013
Wealth management is key to the Africa franchise
Wealth in the Middle East and Africa (MEA) saw near-double-digit growth (9.1 percent). - Boston Consulting Group
06/09/2013
Sesame steams ahead with sale despite £6m fine by FCA
In February Sesame’s parent company, Friends Life, confirmed that Barclays Capital was conducting a strategic review of the network which would end in a sale either to the existing management team or a third party.
06/09/2013
Burberry chief executive becomes first female at top of Britain's pay league
Angela Ahrendts, from Indiana, took home a total pay package of £16.9m, putting her top of the executive pay league
06/06/2013
Credit Suisse weighs sale of part of German wealth management arm
The Swiss bank has been looking for ways to improve its position in the fiercely competitive European onshore market since 2011
06/06/2013
Kleinwort Benson owner should shake up board
Shareholders should vote for change at Kleinwort Benson owner RHJ International
06/06/2013
Thesis and Antrams form model portfolio partnership
Based on underlying investments, Antrams will offer the range as a core part of its centralised investment proposition
06/06/2013
HSBC Said to Get Offer for Monaco Unit from Safra
HSBC Holdings Plc (HSBA) (HSBA) received an approach from a unit of Safra Group to buy the Monaco private bank the Safra family once owned,
06/05/2013
The New Normal: Codifying Superior Client Experience in Wealth Management - RESEARCH
Barclays Wealth and Investment Management and WealthBriefing have launched a new research report, entitled The New Normal: Codifying Superior Client Experience in Wealth Management.
06/05/2013
Bankers want twin-pronged attack on richest pickings
The two cultures seeking to work together couldn't be more different, however. Investment bankers are typically called on to close transactions quickly and have little patience for the delicacies of private banking, where it can take years to forge r
06/05/2013
Thesis launches models on platforms and cuts bespoke fees
Thesis Asset Management has launched its model portfolios on platforms and revamped its bespoke fee structure in an effort to improve transparency.