06/20/2013
With RDR putting further pressure on margins as the industry adapts to the end of trail commission, and regulatory costs only moving in one direction, prospects for the sector as a whole appear uncertain at best. Read more: http://www.investmentweek.co.u
06/20/2013
The government bill, supported by Swiss banks, was aimed at helping firms not yet part of the U.S. probe avoid an indictment like that of Wegelin & Co.,
06/20/2013
The cap will apply to subsidiaries of EU banks anywhere in the world
06/19/2013
Raymond James Investment Services has revealed details of an additional bundled pricing model for its administration platform.
06/19/2013
UK banks are being overwhelmed by wave after wave of new regulation
06/19/2013
The event was hosted on Monday, June 17, at the exclusive Mandarin Oriental in Hyde Park.
06/18/2013
The chancellor is urged to restore confidence in the financial system by making top bankers more accountable for their actions in the wake of the 2008 bank bailouts, the Libor rigging scandal, and the shoddy treatment of customers mis-sold payment protect
06/18/2013
Chelverton Asset Management is to exploit a gap in the market with a new style of private investor club.
06/18/2013
Mr Taylor said the platform would offer everything from custody and settlement to tax reporting, but would cater to requests from individual wealth managers considering using the platform.
06/18/2013
Multi-Family Office Launches
Helps closely-held business owners manage every aspect of family life as it relates to protecting and building their wealth.
06/18/2013
This is “in-depth study into how wealth is now being made, spent and shared across the world
06/18/2013
The seventeenth volume in the Wealth Insights series investigates the different ways in which the global landscape of wealth is changing.
06/17/2013
More recently, however, it has moved into the highly fragmented private banking arena, where local banks with balance sheets of only a few billion pounds fight it out against titans such as JPMorgan, Royal Bank of Scotland (RBS) and HSBC.
06/17/2013
Senior London-based financiers form family office
In a statement, Holbein said it seeks to differentiate itself from other wealth managers by aligning the interests of the partners with those of its clients.
06/17/2013
According to The Times, Coutts wants to reduce its presence in the capital by trimming its seven branches down to two, though it will keep its site on the Strand, located nearby.
06/17/2013
ABN AMRO Private Bank increases cash ahead of QE tapering
ABN AMRO Private Bank says it has cut exposure to equities and bonds
06/17/2013
North America reclaims position as region with most High Net Worth individuals while Asia-Pacific leads overall wealth growth
06/16/2013
Bank of Ireland's private banking division - Probe ‘no impact’ on client funds
Moreover, the bank’s internal audit team was looking into whether clients’ funds had been compromised as part of these irregularities, said the paper.
06/16/2013
Tilney slips further into the red following £4 million suitability bill
Tilney’s directors said: ‘The company’s provision has arisen as a result of the FSCS announcing pre-year-end that an additional levy would be payable by the private wealth management industry, and will result in a future outflow with no
06/16/2013
Nearly Half Of UK's Wealthiest Financiers Are Foreign Born
The total wealth of the financiers in the list exceeds US$27 billion, and foreign born ultra high net worth individuals (UHNWIs) constitute 66 per cent of that total.