05/13/2013
Lord Rothschild's RIT Capital makes history after passing £2bn mark
Lord Jacob Rothschild's investment company RIT Capital Partners has seen its assets exceed the £2 billion mark for the first time in its history.
Wealth and Asset Management
05/12/2013
HSBC puts a slice of private bank up for sale
HSBC has put part of its global private bank up for sale. It has reclassified assets as non-core, which reduced revenues and pushed the operation into the red in the first three months of this year.
05/12/2013
Deutsche Bank merger creates biggest family office in Germany
In its latest step to restructuring it asset management business, Germany's flagship bank is bringing its family offices under one roof
05/12/2013
Johim posts 10% profit rise ahead of Credit Suisse spin-out
JO Hambro Investment Management went into its March part management buyout from Credit Suisse on the back of a near 10% rise in profits in 2012
05/12/2013
Premier targets wealth managers with fund range revamp
Premier Asset Management has streamlined its fund range in a move to broaden its appeal in the wealth management market
05/12/2013
Towry boosts pre-tax profit by £1.1m on last year
Our business has grown significantly over the last few years
05/11/2013
What am I bid for a week's work at Coutts? - the Westminster school auction
Persuading wealthy supporters to stump up thousands of pounds to secure their kids internships
05/10/2013
Private bank highlights importance of customer service
Customer service has been at the heart of a new strategy by private bank Duncan Lawrie
05/09/2013
Cass to launch new Masters in Wealth Management
New postgraduate degree responds to demand for specialist training in wake of Retail Distribution Review
05/09/2013
Queen's bank predicts upturn
West Midlands are poised to help kick-start an economic upturn despite the slow pace of recovery
05/09/2013
Dutch insurer Achmea to pull £10.3bn from F&C
Overall it was a mixed quarter for F&C's strategic partners arm as positive performance
05/07/2013
Campaign calls for private investors to be allowed to buy into privatised companies when they float
Their campaign comes ahead of a spate of expected privatisations of state-owned enterprises
05/07/2013
Standard Chartered shareholders show disapproval of four executives
Shareholders have issued a rebuke to four Standard Chartered executives
05/06/2013
Societe Generale First-Quarter Net Falls 50% on Own-Debt Charges
Societe Generale SA, France’s second- largest bank, said first-quarter profit dropped 50 percent, hurt by accounting charges related to its own debt.
05/06/2013
Duncan Lawrie to manage HNI wealth, offer bespoke solutions
A wholly-owned subsidiary of Camellia, is well set to offer ‘gateway’ support to wealthy resident Indians
05/06/2013
A wealth of rich folk gives Hiscox a boost
“We are in a good position to benefit from rate rises in the US casualty market and it is pleasing to see substantial growth here.”
05/06/2013
RBC Wealth Management receives double recognition at WealthBriefing Awards
The WealthBriefing European Awards aim to showcase ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities
05/06/2013
Axa Wealth sales up 79%
“While the strength and appeal of the Elevate proposition remains core to our business development, 2013 will also see an enhanced focus on our specialist product range."
05/06/2013
HSBC profits almost double in the first three months of the year
Cost-cutting measures and fall in bad debts push UK bank's first quarter profits to £5.4bn, 95% higher than in 2012
05/05/2013
Private banks and wealth managers urged to copy luxury sector on service
The report accompanies a survey of 3,477 respondents globally, with an average $1.9m in net worth.