07/30/2013

OP-Pohjola wealth management earnings jump 125%

Finnish financial group OP-Pohjola has reported a 124.9% increase in pre-tax earnings from its wealth management business in the first two quarters of 2013, compared to the same period last year.

07/29/2013

Flemings seeds new Investec fund

Fleming Family & Partners, the multi-family office, has seeded a new Africa-focused fixed-income fund with Investec Asset Management

07/24/2013

UBS France CEO eyes growth despite tax probe

UBS is being probed over its sales practices after a former executive told the authorities that Swiss bank accounts were being illegally sold on French soil and recorded in a separate account-keeping system used to help calculate bankers' bonuses.

07/24/2013

Spain's Bankinter says no interest in Swiss acquisition

Spain's Bankinter, which sources have said was vying to buy the BSI private banking unit of Italian insurer Assicurazioni Generali, is not interested in a Swiss banking acquisition, Chief Financial Officer Gloria Ortiz said.