07/23/2013
Close Brothers AM hits £9 billion
Close Brothers will be releasing its full year results for the twelve months ending 31 July 2013 on 24 September 2013.
Wealth and Asset Management
07/23/2013
Stricken Franco-Belgian banking group cancels asset management sale talks
The group was not immediately available to comment on why the sale talks had ended.
07/23/2013
Less than a third of advisers focus on £100k+ clients
In spite of bearish rhetoric from across much of the advisory sector that the Retail Distribution Review has pushed advisers up the value chain
07/23/2013
UPDATE 1-EFG unit sale boosts first-half profit
Underlying private banking revenues up 10 percent
07/22/2013
Fraud and cybercrime biggest non-investment risks to family offices
Sustainability, data loss, fraud and theft are among the top non-investment risks faced by private families and the offices that serve them
07/22/2013
Platform boost helps 7IM hit £5bn milestone
The team of Seven came together - and yes, they are all still there - with a clear view of improving the investment services for professional intermediaries
07/22/2013
New names are weighed up for JO Hambro Investment Management
JO HAMBRO Investment Management is considering a name change to honour co-founder Richard Hambro
07/21/2013
HSBC not Willing to let go its Private Banking Business
Reshaped European structure could help the private bank expand in markets of Asia and Latin America
07/21/2013
£1 trillion due to pass down over next 20 years…
One in five have never discussed their true wealth with their children
07/21/2013
Preliminary results for 2Q 2013; UBS reaches agreement in principle to settle industry litigation with FHFA for RMBS offerings
UBS estimates that for the second quarter of 2013 its operating profit before tax was approximately CHF 1,020 million and its net profit attributable to shareholders was approximately CHF 690 million.
07/21/2013
Bellpenny acquires Entire Wealth Management
This has enabled us to remain very selective in our acquisition strategy.
07/21/2013
Arrested Vatican Prelate Aced as Private Banker
Magistrates’ says Prelate Used Web of Contacts Illegally
07/21/2013
C. Hoare & Co. And Its Subsidiary Companies Consolidate
The bank remains strongly capitalised by all measures, and it is still very liquid having lent to customers less than half your deposits.
07/21/2013
New Economic Study Reveals Global Built Environment Wealth Tops $193 Trillion EC Harris publishes first Global Built Asset Wealth Index to provide an alternative indicator of economic health and prospects for growth
EC Harris is today publishing a landmark global study which provides fresh insight into the current and future prosperity of nations across the world based on analysis of investment in infrastructure and the built environment.
07/21/2013
ABN Amro gets ready for Privatisation, if the Timing is Right
Nationalised Dutch Bank ABN Amro will be ready to be privatised again by Next Summer
07/21/2013
A third of millionaires row about inheritance, says Coutts
The bank, which includes the Queen among its clientele, collated the views of 270 people with "liquid assets" of more than £1m.
07/20/2013
Cost of weeding out criminals and tax cheats hits private banks
Private banks managing the financial affairs of the world's wealthy face spending millions of dollars every year on vetting new clients
07/18/2013
Abu Dhabi sell £2.2bn stake in Barclays
Abu Dhabi has sold its entire holding in Barclays worth more than £2bn, it has been revealed.
07/18/2013
Seymour Pierce buy helps WH Ireland hang in the black
Within this strength in the firm's wealth management arm offset weakness in its corporate broking division.
07/17/2013
Arbuthnot Private Bank assets surge 28% in H1
Profit for the period decreased to 1.40 million pounds from 10.43 million pounds prior year.