11/06/2012
UK Private Bank rationalises multi-jurisdiction global fund range
The merger allows for a consistent investment process aimed at enhancing returns while minimising risk, the company stated.
11/06/2012
ING Group's 3Q12 net result was EUR 609 million, or EUR 0.16 per share, including divestments and special items.
11/06/2012
TYIM funds under management were £337 million at 2 November 2012 and Rathbones expects to pay a total of up to £10million for the firm.
11/06/2012
Funds under management in core operations up 4% to £263.3 billion
11/06/2012
Skandia, which has since begun to rebrand as Old Mutual Wealth, saw UK platform gross sales of £900 million, down from £1.2 billion in the third quarter of 2011.
11/05/2012
Britain’s Royal Mint’s announcement is on the heels of Barclays Plc expansion into opening a precious metals vault for its customers in September and Deutsche Bank will follow suit in March.
11/05/2012
The pair are currently working in Rathbones’ Winchester office, but will set up their own branch in Lymington before the end of the year.
11/05/2012
The firm currently has 114 paraplanners and support staff and is looking to add another 20 across the UK.
11/04/2012
Global Wealth 2012, Highs and Lows of World Salaries
Last year, the smallest wages in Europe were paid in Ukraine, Moldova and Albania.
11/04/2012
Most financial advisers have begun altering the way they receive payments for their services but fewer than one in four have completed the move to charging clients fees for their work, according to a new survey.
11/04/2012
According to the Sunday Times newspaper, Lloyds' 60% stake in St James's Place Wealth Management could be placed with investors in the market before the end of the year.
11/04/2012
The British bank typically defines such clients as those who have $25 million invested with the bank, and who are thought to have assets of at least $100 million; the industry refers to such clients as the ultra-high net worth (UHNW) category.
11/04/2012
However, the bank said underlying profits in the quarter had increased.
11/04/2012
The Q3 2012 performance figures for the ARC Private Client Indices have been calculated. The figures show the actual returns achieved, on average, by discretionary private client managers across four different risk profiles.
11/01/2012
Despite the losses, chief executive Stephen Hester said that RBS was "making progress".
11/01/2012
This included two new appointments to the board of Coutts & Co Ltd Zurich
10/31/2012
The total value of the wealth of Romania’s 500 richest people included in the Forbes ranking is at some EUR 21.5 billion, down from EUR 40 billion in 2008.
10/31/2012
Dutch bankers to sign integrity oaths, accept bonus caps
Analysts suggest those earning more than €100,000 are set to take the biggest hit from the deal to impose spending cuts and hike taxes in the next few years in order to meet deficit targets.
10/31/2012
Lloyds Banking Group has set aside a further £1bn to cover compensation for customers who were mis-sold payment protection insurance (PPI).
10/31/2012
Walker Crips, which earlier this year disposed of its asset management business to Liontrust, wants to sell the entire issued share capital of KBR, though the proposed deal will be subject to regulatory approval.