05/23/2012
Ulrich Hoffmann, currently head of operations in the wealth management unit, will lead the combined department, which will have 7,000 workers, the Swiss newspaper reported in a pre- release of an article to be published tomorrow.
05/23/2012
Should France introduce an income tax based on nationality, de Rothschild said he would probably give up his French citizenship, Bilan reported in an interview to be published in tomorrow’s edition of the magazine.
05/23/2012
According to Credit Suisse AG, for private individuals and companies alike, the cantons of central Switzerland remain the most attractive from a tax perspective.
05/23/2012
Strategy consultants MDRC have today published a report on the cost of acquiring a HNW client.
05/23/2012
An economic climate of disappointing growth and volatility could be the 'new normal' for charities, prolonging the challenging fundraising climate, and further shocks cannot be ruled out.
05/23/2012
Switzerland could declare in the words of Voltaire, "Lord, protect me from my friends; I can take care of my enemies."
05/22/2012
Private banks are known for their traditional, conservative ethos and European private banks in particular have always trumpeted their long and proud histories - old fashioned client service, together with the warm fuzzy feeling that comes from knowing yo
05/22/2012
Investec Wealth & Investment is to integrate its investment process with that of Williams de Broë (WdB) by September, Wealth Manager can reveal.
05/22/2012
The combined wealth of the richest 1,000 people in the UK rose 4.7 per cent last year, surpassing a previous high set before the 2008 financial crisis. The result is a new global elite, living lives of luxury and privilege the rest of us can hardly fathom
05/22/2012
Women working in the City earn 21pc less than their male counterparts, new figures on the gender pay gap show.
05/22/2012
Louis Vuitton, the French maker of laminated canvas handbags, was named the world’s most valuable luxury brand for a seventh consecutive year.
05/22/2012
Stuart Gulliver, HSBC’s chief executive, has said the bank had decided to drop “indefinitely” plans to look at moving its headquarters from London to Hong Kong.
05/22/2012
Chief Executive Officer John Stumpf, 58, is plowing resources into businesses such as asset management as new global bank regulations and record-low interes
05/21/2012
Seven Investment Management is enabling advisers to take deposits and offer clients loans through its platform.
05/21/2012
Credit Suisse weighs up JOHIM sale
Credit Suisse, the Swiss banking group, is considering the sale of JO Hambro Investment Management, its UK private client wealth management business.
05/18/2012
Self-evidently, the big attraction for banks is that rich people have more money to invest and spend on advice than poorer ones.
05/18/2012
Bellpenny will use a business model based on acquiring existing IFA firms and asset aggregation and will offer restricted advice.
05/18/2012
Rupert family-controlled Richemont, which owns luxury brands such as Cartier and Piaget, said on 16 May that operating profits for the year ending 31 March increased by 51% to €2.04 billion.
05/18/2012
The changes follow the bank’s decision to differentiate its wealth management and private banking teams ahead of the RDR.
05/18/2012
Executives from the bailed-out Lloyds Banking Group were sent on a luxury spa break to teach them how to be more effective “hunter-gatherers in the corporate jungle".