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JPMorgan Tackles European Unemployment with $30m Jobs Scheme

Banking giant JPMorgan plans to help tackle unemployment in the UK and Europe with a $30m jobs scheme which will investigate how to get more people into work.

Swiss asset manager Pictet to expand London operations

Swiss asset manager Pictet said on Tuesday it would expand its wealth management operations in London and hire between five and 10 bankers over the coming months.

Ukrainian Wealth Floods London Housing Market

Russians are the second-highest spenders in London's property markets, followed by Kazakhs, Azerbaijanis and Georgians among buyers from the former Soviet Union.

CORRECTED-UPDATE 1-Aberdeen Asset Management to cut costs after money leaves funds

Aberdeen Asset Management said it planned to cut costs after weakness in emerging markets drove more money out of its funds in the first two months of the year, lifting its shares.

AFH posts £1m profit as it prepares AIM float

Strong Revenue Performance. Profit Growth. Increased Dividend

Berenberg expands UK private banking team to serve ultra wealthy

German privately owned investment bank Berenberg has set up a new team in London to handle business with "ultra-high net worth" customers

IoD lunch to highlight future prospects for Jersey’s finance industry

Geoff Cook, CEO of Jersey Finance, will be the guest speaker at this month’s IoD lunch to give a talk entitled ‘First for Finance: current performance and future prospects for Jersey’s Finance Industry’.

Standard Chartered pays 118 bankers at least $1.4m

Asia-focused bank Standard Chartered paid 118 of its bankers at least $1.4m last year, topped by a $9.5m payout to Mike Rees, head of its wholesale or investment banking division.

Chris Macdonald: we don't fear FCA in-house funds probe

Chief executive officer of Brooks Macdonald has welcomed the FCA's decision to launch a probe into how wealth managers use in-house funds.

Towry to launch advisory investment service

Towry is set to launch an advisory service, following its acquisition of Bluefin.

Swiss Bank Pictet Opens Office in Munich for German Clients

Pictet joins Swiss banks Julius Baer Group Ltd. and Vontobel Holding AG in opening new premises in Germany

Lord North Street and SandAire agree merger

Currently both firms advise wealthy families

€2.5m profit for Kleinwort Benson

The rise in assets under management follows a number of new business wins

The next generation of boutiques: Arjent Wealth Management

This week, continuing our series on boutique firms after a sustainable and ethical investing interlude,

Stephen Lansdown sells £200m Hargreaves stake

Lansdown sold the stake on Tuesday. Based on the closing price of £14.06 that day, he has netted around £200 million.

Basi opens family office to court super rich

It will initially provide a restricted offering for 15 clients and intends to have 30 clients by the end of the year, taking on three or four more advisers.

OYSTER joins Raymond James's retail fund platform

The partnership with Raymond James underlines the development of the UK market

Schroders chief sees pay soar 70% to £8.4m

Schroders boss Michael Dobson took home £8.4 million last year.

RBS boss sets strategy to 'improve' flat Coutts

Ross McEwan, group chief executive of the Royal Bank of Scotland, has set out a strategy that will tie Coutts more closely to the wider bank’s business customers.

Anglo-South African Group sells German and Austrian wealth units for $303 million

"The transaction is part of Old Mutual Wealth's commitment to simplify its operations in Europe and focus on a select number of core growth markets,"

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