05/09/2012
“Both are profitable and successful firms that have owner-managers who wish to utilise the significant support of the group and our other offices to continue growing their individual offerings.”
05/08/2012
The report says that – to capture pre-financial crisis levels – private banks need to expand their focus beyond the ultra-wealthy clients to serve so-called “core millionaires”, who are expected to generate 80 per cent of net new r
05/08/2012
Credit Suisse has constructed its own Drivers Club, which will be a central hub for racers and VIPs to share their passion for classic cars and historic racing throughout the weekend.
05/08/2012
Killik & Co founder Paul Killik estimates the FSCS levy and interim levy will cost the firm roughly £500,000, around the same as last year, and is disappointed by a lack of transparency over how the scheme arrived at the figures.
05/08/2012
Hungerford said: ‘We want to say to everybody regardless of wealth “you deserve looking after”.’
05/08/2012
BNP Paribas and Societe Generale, France's two biggest listed banks, said on Monday that they were slashing their annual bonus pool for traders and top bankers after the sector was slammed by funding and capital concerns last year.
05/08/2012
He had served at Williams de Broe since 2010 and had overseen the acquisition of the wealth management business' parent Evolution Group by Investec last year.
05/07/2012
Is the current wave of FTSE 100 shareholder revolts evidence of a wider shift in investors' attitudes to high pay?
05/07/2012
On the 3rd of May, French Minister for Culture and Communication Frédéric Mitterrand announced the acquisition by the French State, for the Louvre Museum, of the Pietà with Saint John and Two Angels attributed to Jean Malouel, thanks
05/07/2012
German listed wealth managers have better growth prospects in their home market than equivalent companies in Switzerland, long considered the heart of Europe’s private banking industry, new research shows.
05/07/2012
The growing revolt over executive pay is threatening to engulf a string of major companies over the coming weeks, including William Hill, Standard Chartered, Unilever and WPP.
05/07/2012
John McFarlane, who officially becomes chairman next month, must decide whether to retain chief executive Andrew Moss
05/04/2012
Coutts undergoes major restructure for RDR
‘Reshaping of the UK business progressed to the next phase with the restructure of key professionals in client servicing,' RBS said.
05/03/2012
Swiss private bank appoints new head for unit advising US clients
He joins from ABN Amro, where he headed up the research unit for the Asia-Pacific region, and its investment advisory activities.
05/03/2012
Blue chip investment manager Schroders reported first-quarter profits slightly above expectations as net flows from institutional investors buoyed assets under management.
05/03/2012
St James’s Place has reported a 9 per cent increase in funds under management for the first three months of the year from £28.5bn to £31bn.
05/03/2012
This new partnership, which also includes the annual Asia-Pacific Wealth Report, combines the strengths of both firms to examine the key drivers of wealth creation and the global trends impacting high net worth individuals (HNWIs).
05/03/2012
Brown Shipley has launched a private banking service catering exclusively for South Asian customers living in the UK and abroad.
05/02/2012
Some say the bank will bottle it as costs get out of control; others say that franchises have already been built up so solidly by rivals that it is virtually impossible to break in.
05/02/2012
Net new money inflows in the wealth management businesses more than doubled to CHF 10.9 billion.