03/26/2012
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.
Wealth and Asset Management
03/26/2012
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.
03/26/2012
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.
03/26/2012
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.
03/23/2012
30% Club renews efforts to get women on UK boards
The 30 per cent Club Investor Group is stepping up its commitment to get more women on the boards of UK companies.
03/23/2012
The Focus of Corporate Philanthropy
It’s not surprising that CEOs and other decision makers would want to promote these issues. The skeptics can say that this is self-serving and benefits business.
03/23/2012
Brooks Macdonald co-founders reduce stake in firm
The Aim-quoted wealth management group reveals yesterday (21 March) three directors sold 385,000 ordinary shares of 1p each in the company.
03/23/2012
Braveheart snaps up Yorkshire fund manager
Braveheart said the deal consolidates its position in Yorkshire.
03/23/2012
Mirabaud launches private banking solutions for professionals in sports and culture
The decision to set up a new business unit specialised in meeting the needs of professionals in sports and culture is predicated on the unique characteristics of this group, whose earnings potential is restricted to a short period of time.
03/23/2012
StanChart investment bank boss gets $13 mln payday
Asia-focused bank Standard Chartered Plc paid its 13 top executives and bankers $92 million for last year, including $13.4 million for the head of its investment bank Mike Rees.
03/23/2012
WH Ireland swings into profit on client boost
Stockbroker WH Ireland has swung into black after a hectic year saw the group increase its turnover by just over 25%.
03/23/2012
Ignis assets grow to £81.5bn
The asset manager's net new sales also increased and climbed by close to a third in 2011 to £1.7 billion.
03/23/2012
Coutts appoints new Chief Financial Officer
She joins from Lloyds Banking Group where she was Finance Director of the Corporate Banking Division.
03/22/2012
Rebranding = better client service? I don't think so
I only ask because the Barclays news comes pretty soon after an identical announcement by Scotiabank, and a divisional name-tweak by RBS.
03/22/2012
Private Investors Have More Confidence in the Stock Market-Research
According to the research, many investors think stocks are good value after a period of weakness and are starting to invest once again.
03/22/2012
How do Charitable Foundations Decide Their Longevity? - Coutts & Co
A new guide published by Coutts today explores the debate around the longevity of charitable foundations and the impact they have.
03/22/2012
Number Of French Tax Exiles 'Marginal'
The union was presenting its findings to the Senate inquiry into the flight of capital and assets abroad.
03/22/2012
Top Merrill dealmaker to leave for UBS
"It's a great hire. He is a relationship man, not a manager and (UBS's chief executive Sergio) Ermotti knows him well", said a top UBS banker in London.
03/22/2012
Philanthropy tax: Charities enraged as Chancellor targets big donations
Rich philanthropists will be deterred from making large donations to charities following a change to tax relief rules, the Government was warned last night.
03/21/2012
Deutsche Bank's Anshu Jain earns 10 million euros in 2011
Jain earned 9.77 million euros in 2011, when the lender missed its ambitious full-year profit targets, compared with 11.9 million a year earlier, Germany's flagship bank said in its annual report on Tuesday.