11/05/2012
Britain’s Royal Mint’s announcement is on the heels of Barclays Plc expansion into opening a precious metals vault for its customers in September and Deutsche Bank will follow suit in March.
11/05/2012
The pair are currently working in Rathbones’ Winchester office, but will set up their own branch in Lymington before the end of the year.
11/05/2012
The firm currently has 114 paraplanners and support staff and is looking to add another 20 across the UK.
11/04/2012
Global Wealth 2012, Highs and Lows of World Salaries
Last year, the smallest wages in Europe were paid in Ukraine, Moldova and Albania.
11/04/2012
Most financial advisers have begun altering the way they receive payments for their services but fewer than one in four have completed the move to charging clients fees for their work, according to a new survey.
11/04/2012
According to the Sunday Times newspaper, Lloyds' 60% stake in St James's Place Wealth Management could be placed with investors in the market before the end of the year.
11/04/2012
The British bank typically defines such clients as those who have $25 million invested with the bank, and who are thought to have assets of at least $100 million; the industry refers to such clients as the ultra-high net worth (UHNW) category.
11/04/2012
However, the bank said underlying profits in the quarter had increased.
11/04/2012
The Q3 2012 performance figures for the ARC Private Client Indices have been calculated. The figures show the actual returns achieved, on average, by discretionary private client managers across four different risk profiles.
11/01/2012
Despite the losses, chief executive Stephen Hester said that RBS was "making progress".
11/01/2012
This included two new appointments to the board of Coutts & Co Ltd Zurich
10/31/2012
The total value of the wealth of Romania’s 500 richest people included in the Forbes ranking is at some EUR 21.5 billion, down from EUR 40 billion in 2008.
10/31/2012
Dutch bankers to sign integrity oaths, accept bonus caps
Analysts suggest those earning more than €100,000 are set to take the biggest hit from the deal to impose spending cuts and hike taxes in the next few years in order to meet deficit targets.
10/31/2012
Lloyds Banking Group has set aside a further £1bn to cover compensation for customers who were mis-sold payment protection insurance (PPI).
10/31/2012
Walker Crips, which earlier this year disposed of its asset management business to Liontrust, wants to sell the entire issued share capital of KBR, though the proposed deal will be subject to regulatory approval.
10/31/2012
Charities increasingly adopting ethical investment policies, but concerns over financial returns remain
10/31/2012
The new service provides a platform for international advisers who want to operate a traditional, commission-based revenue model.
10/31/2012
French asset manager opens in Hong Kong
The French asset manager brings its multi-boutique offering to the territory, adding to its five other Asia-Pacific offices.
10/30/2012
Assets managed by the world’s largest 500 fund managers fell by around 3% to US$63 trillion in 2011, breaking a trend of the last two years which had seen assets rise by 16% and 4% in 2009 and 2010, respectively.
10/30/2012
In echoes of fund managers fleeing London on news of tax hikes for the wealthy in 2010