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Newton Investment's Helena Morrissey says shaking up boards is 'better for business'

Newton Investment Management chief Helena Morrissey talks about her CBE and the progress made in her campaign to get more women onto UK boards.

Paulson trio share £12m payday amid euro woes

Three directors at Paulson Europe, the London-based arm of one of the world’s best known hedge funds, have scooped a near £12m payday.

Hardly Virgin territory: Branson enters banking's already crowded market

Virgin Money's relaunch of Northern Rock has got off to a good start - even sponsored team Newcastle beat Manchester United – but can it last?

David Cameron abandons plans to scrap 50p tax - at least until 2015

The Prime Minister is to abandon plans to scrap the 50p rate of income tax amid increasing pressure from business leaders and backbench Tories, The Daily Telegraph can disclose.

Rathbones boosts Liverpool team

He joins Rathbones from XCAP Securities Plc where he was head of asset management

Rothschild to advise on Lloyds UAE disposal

The bank, which is 40 percent owned by the UK government, has appointed Rothschild as an adviser for the sale, two sources confirmed to Reuters on condition of anonymity.

Barclays Wealth recruits from Coutts for UK regional senior private banker role

Wales is becoming an increasingly important area for wealth managers

Nick Clegg promises new City bonus clampdown

The City faces a new wave of curbs on bonuses as the Government prepares tough new action on bank pay, Deputy Prime Minister Nick Clegg has warned.

Mercer revamps wealth business to fit 'challenging times'

Mercer today announced a number of changes to its investment organisation designed to meet the changing needs of its institutional and wealth management clients

FSA Chief Delivers Bank Bonus Warning

The City regulator is to warn Britain’s bank chiefs that it will reject their plans to pay out billions of pounds in bonuses unless they demonstrate that they are retaining sufficient capital to weather a worsening storm in the financial system.

Sesame Bankhall appoints head of wealth management team‎

He will help to promote and deliver these new initiatives into the market and link the group’s investment platform strategy and new restricted advice service.

Bluefin Wealth Management rebrands

A notice filed with Companies House states the name of the wealth management part of the business was changed as of December 30.

StanChart sees 25-30pc growth in pvt banking in 2012

The bank is looking at leveraging its corporate and SME (small and medium enterprise) clients to increase the private banking customer base.

Deutsche Bank Accepts Indicative Bids For Asset Management Ops

If a sale process proceeds, interested parties will kickstart due diligence on the business soon after, the people said. Deutsche Bank's own investment banking team is handling the process, they added.

Private client portfolios lost money during 2011

The most recent analysis that ARC has put together, for Q3 2011, described the period as “the worst quarterly PCI results yet recorded”, including 2008. Its full-year 2011 analysis is expected to be available in around six weeks’ time.

Barclays Wealth appoints Head of Strategic Partnerships

He joins Barclays Wealth from PricewaterhouseCoopers

SocGen to replace private bank head

SocGen, France's second-listed bank, is cutting jobs, selling assets and overhauling management under Chief Executive Frederic Oudea as it seeks to restore investor confidence after a brutal 2011.

Asset managers hope that 2012 will be brighter year

The year was “nerve shredding,” says Michael McLintock, chief executive of M&G, the UK manager owned by Prudential.

Family offices to increase collaboration in 2012

The London-based advisory group said structures that allow family investors to share knowledge and co-invest, such as investment committees and roundtables, will become more commonplace this year.

IPOs sees erosion of about one-third value of total issue size in 2011

The present value of the total public issues during the year worked out to about Rs 9,500 crore, reflecting a loss of over Rs 4,500 crore or nearly 33 per cent for those who invested in these offerings.

Wealth and Asset Management