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

Miners see gold price hitting $2,000 this year

Gold will soar to $2,000 (£1,300) an ounce this year, according to industry insiders.

Lloyds chief gives up £2.4m bonus

Lloyds Banking Group chief executive Antonio Horta-Osorio has declined to take an annual bonus for the last year, saying his recent absence and “the tough financial circumstances” facing many Britons made it inappropriate.

Raymond James provides their wealth managers new liquidity tools to compete with private banks

It allows clients to borrow against their investment portfolio

Raymond James expands wealth ops with purchase deal

The combined businesses of Raymond James and Morgan Keegan will create one of the country’s largest full-service wealth management and investment banking firms not headquartered on Wall Street.

Equilibrium AM launches financial planning arm

This is because clients had said they wanted financial advice from Equilibrium, but didn’t feel they could approach an investment management firm because of their lower levels of pensions and savings.

ING May Sell Asian Unit Separately as Europe Markets Worsen

“The Asian business and the opportunities in Asian markets are much more attractive than in Europe at this point in time,” Hommen said.

Arbuthnot expects to post £5m profit

In a pre-close statement issued to the stock exchange this morning (10 January), Arbuthnot bosses said overall 2011 had been a successful year for the banking group.

British wealth firm's assets grew through 2011

Total funds under management at the end of 2011 stood at £15.8bn, up 1.4 per cent over the year.

Rothschild leads the way in weak restructuring market

The total value of completed deals in the EMEA region hit $101.4bn (£65.5m), down 40.4 per cent on 2010, Thomson Reuters data shows.

SunGard acquires Pilot software from French asset manager

The Pilot solution, built and used by TOBAM as its decision support solution for the fund's principals, is complementary to SunGard's Asset Arena solution suite, which supports the core functions of the asset management industry including invest

Succession reaches 40 partner firms

Succession Advisory Services has added four partner firms, with almost £500m of assets under management, to its growing business.

Dexia to launch asset-management sale: CEO

Mariani added there were no discussions underway to cut jobs at the bank's French operations, even at a time when banks across Europe are slashing staff in the face of the euro zone debt crisis.

Brooks Macdonald Goes To Bat For Middlesex Cricket Club

Brooks Macdonald has become the new lead sponsor of Middlesex County Cricket Club for the next three years.

Barclays Wealth commits to Scottish market with refurbished Edinburgh office

Scotland's first minister Alex Salmond has unveiled Barclays Wealth's new Edinburgh office as the firm continues on its pursuit to become one of the five biggest private banks in the world by 2015.

The Right And Wrong Of 'Ethical Investment"

This article is primarily aimed those wishing to engage in SRI because they really want to make a difference. The key is in "making a difference".

Angela Merkel has the whip hand in an orgy of austerity

The novelist and polymath Anthony Burgess published a selection of book reviews and essays in the 1980s called Homage to QWERT YUIOP.

Rathbone's Coombs: 'Cosy' investment trusts not independent enough

They are over-reliant on long-held relationships,' he said.

New year, new hope, old problems - Coutts & Co

As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the euro-zone debt crisis which, though off the front page for the time being, remains largely unresolved. However, with economic data in the US and emergin

BNP Paribas plans big drop in bonuses

The asset reductions are also compounded by higher capital requirements imposed by the European Union for mid-2012.

David Cameron to curb 'fat cat' pay with people power

Shareholders set to win right to block soaring executive pay under plans being drawn up by the government

Wealth and Asset Management