07/31/2012
One-time chief executive Michael Geoghegan and Sandy Flockhart, the head of the bank’s Mexican business for much of the period covered by the US investigation, are understood to be among former senior managers who face having parts of their bonus ta
07/31/2012
Due to its very high solvency – a core Tier 1 ratio of 16.5%, a 21.1% Loan-to-Deposit ratio and a substantial cash surplus of over € 3 billion – KBL epb is proving to be a high-potential acquisition for Precision Capital. KBL epb will ret
07/31/2012
Standard Chartered said in its results statement that it has assisted clients in UK, Europe and the Americas, who are suffering with a debt crisis and government austerity measures, "to access the growth markets of Asia".
07/31/2012
Is gold set to shine once again?
07/31/2012
The fund, part of Schroders' Alternative Solutions range, is reopening its dollar share class for small institutions, in a move which will open it up to wealth managers.
07/31/2012
The Model Portfolios are now accessible to all clients as an integral part of the Saxo MWM platform.
07/31/2012
Net Revenue for the first half of 2012 declined to 120.6 million pounds from 137.0 million pounds reported for the same period last year.
07/31/2012
The current economic and regulatory upheaval is providing opportunities for fee-based family financial planners and this trend is set to continue with the incoming Retail Distribution Review, the rise in technology and the current austerity, 7IM founder J
07/30/2012
According to a letter seen by the Sunday Times, the asset management firm, one of the top 10 shareholders in the bank, said now is a great time to change the bank’s strategy.
07/30/2012
But after the bank decided to cut its dividend, Al Habtoor felt it was time to go.
07/30/2012
In challenging conditions marked by increased volatility and greater client caution, UBS continued to execute its strategy and to deliver on its enduring commitment to clients, achieving pre-tax profit of CHF 951 million.
07/30/2012
"The European sovereign debt crisis continues to eigh on investor confidence and client activity across the bank."
07/30/2012
Risk costs rose 6.6% from EUR 920.8 million in H1 2011 to EUR 981.8 million in H1 2012, or to 146 basis points of average customer loans.
07/30/2012
Qatar’s sovereign wealth fund, which spent £1.5billion buying the Knightsbridge department store in 2010, opened its upmarket tills to hike the annual pay-out 342 per cent following a record year.
07/30/2012
The study also found that in the middle of the decade when economic growth was relatively robust, there was little difference in share price performance between companies with and companies without women on the board. However, post the 2008 financial cris
07/30/2012
Wealth management service provider says £400,000 underlying profit has “reversed a trend of deteriorating profitability”.
07/30/2012
UK Wealth manager eyes discretionary offering in HNW push
"The discretionary portfolio space may have £500,000 or more. They might want something that takes them in to a different space, [utilising] other instruments that we would never bring into our mainstream portfolios. Read more: http://www.ifao
07/29/2012
The move is another advance for the growing move to curb excessive pay, as most company incentive schemes allow for shares to be sold after one to three years.
07/29/2012
The richest people on the planet added $15.2 billion to their collective net worth this week as global markets rose on speculation that Europe will move to ease borrowing costs in Italy and Spain.
07/29/2012
“Defaqto has based its assessment on a number of key features they know IFAs are concerned about, including accessibility, costs, back office integration capability, tax statements and online access to valuations,” she said.