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Liontrust boosted by AUM inflows

Assets under management increased to £1,547 million

‘Corporate philanthropy will become more visible’ says London Lord Mayor

London’s Lord Mayor says that while corporate philanthropy has come a long way, it will become higher profile in response to the pressure charities are facing.

Ashcourt Rowan to launch in-house platform

Ashcourt Rowan is developing its own in-house platform, due to be rolled out later this year.

Societe Generale Private Banking and Forbes Insights analyse global wealth and family ties

The study analyses over 1,200 of the world’s largest fortunes with a minimum net worth of 210 million US dollars, in 12 countries or regions: Brazil, China, France, Germany, Hong Kong, India, Mexico, the Middle East, Russia, Singapore, the United Ki

ADIB to expand private banking division into the UK

“From a private banking perspective, I have three offices across the UAE but we need to have a way [of]booking assets in other parts of the world so we are just in the process of opening our branch in London, which we can use as a service centre whe

Wealth management firm teams up with Premiership footballer

A lifestyle-driven tax, accounting and wealth management firm, has teamed up with Manchester United footballer Michael Owen.

Spain's 'high-class hookers refuse to sleep with bankers until they open up credit lines to cash-strapped families'

Sneaky bankers were trying to circumvent the protest by claiming to be architects or engineers, the sex-workers said.

Women executives in banks prone to more risk taking, says study

The report claims that the presence of women in senior roles across the German banking sector was a contributing factor to the banking crash, alongside the bonus culture and lack of sufficient regulation.

A little austerity for the rich could go a long way

Cutting high wages would allow employers to take on many more employees.

AXA Wealth announces restricted advice model

The package, which will run alongside its existing independent advice model, is expected to be available in the market in Q2, and will offer a flexible, bespoke approach to what AXA Wealth currently offers by way of support and pricing.

EU lawmakers want tougher rules on banker bonuses

The bloc's parliament and member states are approving a draft law to implement Basel III, global rules to toughen up bank capital and liquidity requirements from 2013 to plug regulatory gaps highlighted by the financial crisis.

Will the British Rich Stop Giving?

The U.K.’s new budget has ignited all manner of class warfare. Retirees say it’s a gift to the rich at the expense of the poor. The wealthy say it’s another attack on success and job creators.

Coutts investment complaints up 32% on year

Coutts has continued to see a steady increase in the number of client complaints filed with it, with banking complaints up almost 10% on the year before and investment complaints up 32.1%.

Barclays unveils "Little Book of Wonders"

Barclays wealth and investment management division today launches a new concept in client experience.

Abu Dhabi royals involved in RBS talks

At current market prices the holding is worth £13.5bn, well below the £45.5bn cost of the direct taxpayer bailout of the bank in late 2008 and early 2009.

Towry reignites IPO speculation

If markets avoid a fresh round of volatility, the privately-owned wealth manager could float within the next 18 months.

Bank of England warns banks not to waste spare cash on bonuses

Banks were yesterday ordered to put their houses in order to stop a new financial crisis crippling the country.

Behind the Bonus- Discretionary Income and Luxury Spending

Prince & Associates have suggested that at the height of the boom, US bankers spent close to two thirds of their bonuses on luxury.

Coutts fined £8.75 million for anti-money laundering control failings

The FSA identified deficiencies in nearly three quarters of the PEP and high risk customer files reviewed.

Aberdeen assets soar £10.5bn in two months‎

Aberdeen says the latest figures reflect “the continuing theme” of flows into higher margin products across the business.

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