06/28/2012
Client inflows will at least match last year’s 7.2 billion Swiss francs ($7.4 billion), helping to maintain profitability, Droux said in an interview in Solothurn, Switzerland. The bank is targeting 7 billion to 8 billion francs, he said.
06/28/2012
It was an effort to demonstrate the Vatican’s latest attempt at modernity and transparency – and came just before a key meeting next week of international anti-money laundering experts.
06/28/2012
The firm said this would be aided by an internal platform, developed by SEI, which has been designed to handle volume.
06/28/2012
Wealth management firm Heartwood has boasted another year of strong growth in its core discretionary assets, with an £94.8m of net new funds and funds under management hitting £1.46bn.
06/27/2012
The survey also assessed anticipated changes to allocations over the coming six months.
06/27/2012
The sale will be the final stage in the bank's dismantling program, which began last October. In nine months, Dexia has made six asset sales for a total value of about 8.7 billion euros ($10.9 billion), it said.
06/27/2012
Rothschild Trust is creating a Senior Advisor Platform with a select group of the world’s leading wealth planners and trusted family advisors.
06/27/2012
Around 60 percent of the employees have decided they would not keep the shares but would instead sell them immediately to institutional investors, with Commerzbank itself and Deutsche Bank AG acting as bookrunners.
06/27/2012
Shares in the lender arre down 8% as Prime Minister David Cameron said the bank had "some serious questions to answer" and Opposition leader Ed Miliband called for a criminal investigation.
06/27/2012
With more official complaints made about Barclays than any other UK retail bank
06/27/2012
The majority of private-banking clients remain risk- averse,” Vaduz, Liechtenstein
06/27/2012
The tax shield, which limits direct taxes in France tax, wealth tax, and local taxes
06/26/2012
The Group has had a strong start to the year, with income for the first six months of 2012 expected to grow at a high single digit rate over the comparable period in 2011.
06/26/2012
ONCE again, wealth management company St James's Place is in the number one spot in the Top 100 Gloucestershire Businesses list.
06/26/2012
Italy offered up to 2 billion euros on Tuesday to plug a capital gap in the bank Monte dei Paschi di Siena, the second time in three years the cash-strapped state has had to bail out the world's oldest bank.
06/25/2012
Non-US financial institutions must sign an agreement with the IRS by June 30 2013 to identify and report on clients with links to the US and more than $50,000 in an account.
06/25/2012
Today’s announcement marks AFH’s eighth acquisition since the company’s flotation in June last year.
06/24/2012
He also lured his former colleague, Andrew Herberts, an investment director at Adam, to join the new business which will target individuals with at least £250,000 to invest.
06/24/2012
From historic hotels to private jet showrooms, the business of catering to the super-rich is still booming
06/24/2012
Family businesses play an essential role in the health of the European economy, representing more than 60% of all European companies and accounting for 40% to 50% of employment in Europe.