05/03/2012
St James's Place hits record £31bn in funds
St James’s Place has reported a 9 per cent increase in funds under management for the first three months of the year from £28.5bn to £31bn.
Wealth and Asset Management
05/03/2012
Capgemini and RBC Wealth Management to Partner on Leading Annual World Wealth Reports
This new partnership, which also includes the annual Asia-Pacific Wealth Report, combines the strengths of both firms to examine the key drivers of wealth creation and the global trends impacting high net worth individuals (HNWIs).
05/03/2012
Brown Shipley in triple hire for south Asian service launch
Brown Shipley has launched a private banking service catering exclusively for South Asian customers living in the UK and abroad.
05/02/2012
Barclays won’t let pay row deflect it from broader goal
Some say the bank will bottle it as costs get out of control; others say that franchises have already been built up so solidly by rivals that it is virtually impossible to break in.
05/02/2012
UBS Wealth Management pre-tax profit up 70%
Net new money inflows in the wealth management businesses more than doubled to CHF 10.9 billion.
05/02/2012
Standard Chartered posts high single-digit Q1 income growth
Standard Chartered said on Wednesday its first-quarter income grew less than its previous 10 per cent target, as the strength of the US dollar against Asian currencies impacted income growth.
05/02/2012
Wealth tax could cause exodus from France to London
It is less than a week to go until the election, and one of Hollande’s proposals is more tax on annual incomes over one million euros.
05/01/2012
Kingswalk acquires equity stake in private wealth firm
Kingswalk is a specialist investment company with interests in a wide range of companies including those in the wealth management, property and support services sectors.
05/01/2012
ABN AMRO Completes Acquisition Of Parts Of RBS Netherlands
ABN AMRO Bank NV said Tuesday it has completed the acquisition of parts of Royal Bank of Scotland Group PLC's businesses in The Netherlands.
05/01/2012
European Wealth launches fixed interest service
The service, which is aimed at private clients and institutions such as those in the public sector including health, education and financial service companies such as building societies, will provide liquidity and treasury management services to generate
05/01/2012
Wealth tax could cause exodus from France to London
It is less than a week to go until the election, and one of Hollande’s proposals is more tax on annual incomes over one million euros.
04/30/2012
Wealth of richest grows to record levels
The combined wealth of the 1,000 richest men and women in Britain has risen to record levels in the past year, despite the country’s continuing economic slump.
04/30/2012
Deutsche Bank’s Postbank to Stop Wealth Management
About 300 employees will be offered positions in mobile sales for Deutsche Bank and at the construction-financing bank BHW, NDR Info said.
04/30/2012
Pay row risk at Standard Chartered
Standard Chartered hit the headlines in March when its annual report revealed the $92m remuneration figure.
04/30/2012
Prince of Liechtenstein threatens to quit
But the current ruler, Hereditary Prince Alois von und zu Liechtenstein, has threatened that his 900-year-old family will drop its royal duties if Liechtenstein passes a referendum eliminating the prince's veto, a power enshrined in the constitution.
04/30/2012
Alliance Trust chief defeats shareholder rebellion
In the dispute, which has rattled the polite world of investments trusts, Laxey Partners, which holds a 1.7pc stake in Alliance, complained of "five calendar years of consecutive under-performance".
04/30/2012
Private Health Partnership in link with wealth management firm
Wealth management company Pearson Jones is combining its employee benefits teams with private health insurance business The Private Health Partnership, which is based in Baildon, near Bradford.
04/30/2012
IKEA partners with Turkey's richest person to establish bank in Russia
According to a statement from Özyeğin's Credit Europe Bank in Russia, the new bank will be a partnership between it and the Ikano Bank, owned by IKEA's founder Ingvar Kamprad's family through Ikano Group.
04/30/2012
Aberdeen Asset Management Delivers Strong H1 Perfromance
The fund manager reported a rise of 7 percent in its revenue to £413.1 mln, up from £385.9 mln in 2011 with an increase in operating margins by 40.1 percent.
04/30/2012
Hargreaves slides down Rich List as Glencore billionaires emerge
Hargreaves Lansdown co-founder Peter Hargreaves has seen his personal wealth fall by nearly £200m in the last 12 months, according to the latest Sunday Times Rich List.