- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Bankers, Watch Your Bonus, It May Be Revoked

Swiss bank UBS is taking back 50 percent of share-based bonuses over 2 million Swiss Francs ($2.2 million) paid to investment bankers in 2011, after a profit plunge for 2012.

Exclusive: HSBC To Overhaul UK Bonuses

HSBC, which will report its full-year results for 2011 next Monday, is to issue tens of millions of pounds in new shares to cover any bonuses of more than £50,000 awarded to UK-based employees, people close to the bank tell me.

Chastened UBS uses 150th events to polish image

The bank has been back in the headlines for the wrong reasons this month after it posted poor results for the last three months of 2011 and over its involvement in a global inquiry into a conspiracy to manipulate interbank lending rates.

Record year for St James's Place

“Whilst the road to recovery for the UK economy is likely to remain challenging, the need for trusted financial advice is greater than ever. Given the market opportunity available to us, together with the continuing growth and development of the Par

Barclays Wealth expands advisory service to Monaco

Barclays Wealth today announces that it has extended its Wealth Advisory reach and is now able to offer services directly to clients in Monaco.

Threadneedle systems catch £95m 'rogue trader'

Success contrasts with UBS and Societe Generale where dodgy trades initially went unnoticed

Baroness joins UK wealth managers board ‎

She was previously editor-in-chief at the Wall Street Journal, Europe.

Erste Bank retains crown as leading private bank

The awards are even more relevant as they are based on a survey conducted within the industry, and therefore it was not a jury, but rather industry experts themselves who assessed and ranked the individual banks.

Trust boards are still failing too often on discount controls say investors

Despite this, 36% of respondents believed there would be a marginal or no impact on the demand for investment trusts as a result of the RDR. Only 11% thought the impact would be ‘considerable’.

Rathbones sees full year 2011 profits jump 30 percent

Pre-tax profits at Rathbone Brothers increased 30pc last year to £39.2m as the wealth manager said it was "cautiously optimistic" for 2012.

Finnish investment bank focuses on wealth

"Evli Bank as a group has been recently refocusing more toward wealth management, and this is also bringing changes to the Baltic opera-tion," says Jolanta Latviene, the new CEO and board chairman of Evli Securities, Evli's Tallinn-based Ba

Wealth-X Holds Commemorative Event to Mark Launch of London Office

Global Intelligence Firm Opens Second Office in Europe as Members Seek Ways to Win More Super Wealthy Clients

IFA acquisition brings Web £20m in funds

The acquisition of another Surrey-based firm adds two more IFAs to Web’s personnel, corporate specialist Stuart Smillie and private client expert James Child.

Norway’s wealth fund wants less of Europe, more of Asia

The fund, which holds nearly 2 per cent of all European shares, also has to adjust to lower real-return expectations and the government must cut back on how much of the oil money it spends if it wants to preserve the fund, Norges Bank, which manages the f

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