04/30/2013
Collins Stewart Wealth Mgmt rebrands as Canaccord
Client-facing, internationally-focused offices – all of which have now also been re-branded as CGWM
Wealth and Asset Management
04/29/2013
Nomura announces new fundraising partnership with St Giles Trust
Funds raised have established a dedicated new Central London team of Rainbow Trust support workers helping more than 200 families.
04/29/2013
UBS Wealth Management deliveres highest levels of quarterly net new money since 2007
Wealth Management Americas achieved another record profit and strong net new money inflows.
04/29/2013
Swiss private wealth manager positions for Europe M&A revival
For us, it's a boutique-plus strategy
04/29/2013
HB Markets Ltd to be renamed Beaufort Securities
"To continue to meet the needs of our clients, the new combined management team recognise the importance of adapting to fast changing markets and meeting challenges thrown up by the post credit crunch financial landscape."
04/28/2013
Coutts banker detained by US authorities for possible tax evasion
A syndicated article in two Swiss Sunday newspapers says the man is employed by the British private bank Coutts in Geneva and used to work for Switzerland’s leading UBS bank until 2009.
04/28/2013
Aberdeen Asset profit, assets rise, cautious view
Aberdeen Asset Management reported a rise in pretax profit and assets
04/28/2013
Lloyds Weighs Sale Of International Wealth Business
Lloyds has been looking in recent months to sell at least a substantial stake of the business to a top-tier wealth management company, according to a person familiar with the talks, which are at an early stage and haven't yet identified a likely buye
04/25/2013
Spain's Santander says in talks over asset management stake sale
The euro zone's biggest bank posted a 25.9 percent drop in net profit.
04/25/2013
Van Lanschot reports profit growth in Q1 2013
Net profit in Q1 2013 of € 24.8 million
04/24/2013
SJP funds under management grow 12% in Q1 to £39bn
He's very pleased to be reporting another quarter of strong growth in new investments.
04/24/2013
Stephen Lansdown nets £53m in share sell-off
An announcement on the Stock Exchange reveals Lansdown sold the shares.
04/24/2013
Post-RDR business upswing triggers Beacon Wealth hires
Cambridgeshire-based Beacon Wealth Management has put its recruitment plans into place earlier than expected
04/24/2013
UK wealth managers enduring post-RDR slump in confidence
A study from Pershing examines the extent to which UK wealth managers are being forced to re-examine their value proposition in light of the implementation of the RDR.
04/24/2013
Tier One's ex-Coutts duo insist suitability doesn't mean standardisation
While it remains to be seen how this will play out under the Financial Conduct Authority, recent start-up Tier One Capital – founded by former Coutts managers Stephen Black and Ian McElroy - is trying hard to walk the line between these two extremes
04/23/2013
Fund and wealth managers unite to criticise the EU
enior players in a raft of City firms have signed up to Business for Britain
04/23/2013
Credit Suisse Profit Soars in First Quarter
High returns, strong client franchises, reduced cost base and lower risk- weighted assets:
04/23/2013
Barclays first quarter profits fall 25%
Barclays expects to make a further £500m charge later this year.
04/23/2013
7IM profits up 12% despite £123k FSCS hit
Despite the cost of the additional levy, the strong asset numbers combined with continued tight cost control.
04/22/2013
Traders and fund managers swap the City for the slopes ... and keep working
Ski resorts such as Chamonix and Verbier are becoming centres for financial services