06/16/2013
Bank of Ireland's private banking division - Probe ‘no impact’ on client funds
Moreover, the bank’s internal audit team was looking into whether clients’ funds had been compromised as part of these irregularities, said the paper.
06/16/2013
Tilney slips further into the red following £4 million suitability bill
Tilney’s directors said: ‘The company’s provision has arisen as a result of the FSCS announcing pre-year-end that an additional levy would be payable by the private wealth management industry, and will result in a future outflow with no
06/16/2013
Nearly Half Of UK's Wealthiest Financiers Are Foreign Born
The total wealth of the financiers in the list exceeds US$27 billion, and foreign born ultra high net worth individuals (UHNWIs) constitute 66 per cent of that total.
06/16/2013
Signia Wealth is currently in discussions with a couple of family offices, one of which is a “fairly long way down the line”.
06/14/2013
Barclays withdraws discretionary service for clients below £100,000
Barclays’ Wealth and Investment division has withdrawn its discretionary management service for direct clients
06/14/2013
We want to know who’s really doing an outstanding job.
06/14/2013
The Cazenove European Fund has been removed from the Wealth 150 list of our favourite funds across the major sectors.
06/14/2013
Wealth managers have fewer clients, but more assets
Evidence of the missing individuals is to be found in empty bankers’ desks and less busy client meeting rooms.
06/14/2013
This award is based on the votes of Financial Times and Investors Chronicle readers, a panel of judges, performance data and interviews with managers.
06/14/2013
He could walk away from Royal Bank of Scotland having earned as much as £14m from the taxpayer-backed bank.
06/13/2013
Seven Investment Management has scrapped its £25 fee to re-register funds off the platform.
06/13/2013
Discretionary and advisory assets under management increased by 64% (on a like for like basis, excluding WCAM).
06/13/2013
The ceremony was attended by representatives from RLAM, including Alan Bunce, Head of Institutional Business Development.
06/12/2013
Prince Max says customers are attracted by LGT's "Princely Portfolio" that allows them to mirror the strategy used for the royal family fortune, estimated to be as much as 8 billion francs.
06/12/2013
‘We have missed out on a lot of what you could call the low-hanging fruit,’ says Andrew Morris, head of business development at IFA asset manager Signature and co-founder of parent company Rowan Dartington, reflecting on the recent discretiona
06/12/2013
The possibility of a breakup at RHJ International SA (RHJI.BT) receded Wednesday after its biggest shareholder said it is sticking by the company in its effort buy German private bank BHF-Bank.
06/12/2013
Fund supermarket Hargreaves Lansdown has defended the independence of its research
06/12/2013
But global funds of hedge funds have lost popularity, as most have failed to deliver real returns.
06/11/2013
The company said it is quicker to access Africa from Dubai than by travelling internally.
06/11/2013
Deutsche Bank AG co-Chief Executive Officer Anshu Jain said he and his top bankers are meeting with super-rich clients as Germany’s biggest bank fights to close the gap on the wealth units of UBS AG and Credit Suisse Group AG.