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Ex-Adam boss to spearhead Thomas Miller launch

Adam & Company’s former head of investment management has decided to leave the firm to launch a private client division for Thomas Miller Investment

RBC profit falls 6 percent

Royal Bank of Canada's quarterly earnings fell 6 percent as a drop in capital markets profit overshadowed strong retail lending, but the company also announced a surprise dividend increase.

From David to Goliath: How Entrepreneurs Overcome the Challenges of Company Growth - Credit Suisse

Report Uncovers Distinct Strategies Leveraged by High-Growth Entrepreneurs

Liverpool wealth fund manager forges links with London Embassy

The office also currently doubles up as the company’s central headquarters for its outsourced PA team.

Standard Chartered in good shape after another record year ‎

Standard Chartered, the emerging markets lender focused on Asia, reported its ninth consecutive year of record earnings, with pre-tax profits rising 11pc to $6.8bn.

WH Ireland acquires client list from Pritchard Stockbrokers

The Transaction will increase WHIL's number of private-client stockbroking clients by approximately 50% and total assets under management by approximately 25%.

HSBC private bank scaling down in MidEast

The private bank has shrunk the number of relationship managers to around 10 from 50-60 at its peak 18 months ago, one banking source familiar with the matter said.

HSBC set to claw back executives' bonuses over elderly savers scandal that affected thousands

Britain’s biggest bank is expected to confirm that it will become the latest to claw back shares and cash from a number of senior employees, as it posts annual profits up around 15 per cent to £13.8billion.

Wells Fargo To Expand Wealth Management, Insurance Operations Report

He said that of the assets being purchased from European banks, they consist almost entirely of U.S. loans, the FT reported.

Deutsche Bank Said to Choose Guggenheim for Talks on Selling Asset Units

Deutsche Bank is entering exclusive talks with U.S. money manager Guggenheim Partners to sell the German lender’s asset-management divisions, said two people with knowledge of the matter.

Is Barclays sticking two fingers up at the Chancellor?

Barclays tried its luck with some unification

HSBC Pays More For Asia / Latin American Staff

HSBC has revealed that it is coming under increasing pressure on the reward front as it undertakes more of its business in fast-growing economies like Brazil, China and India.

Romania's BCR's private banking assets rise

The country's largest bank by assets added that its private banking business rose 29%

HSBC CEO Gulliver In Line For GBP3 Million Bonus - Report

The paper said the bank is also expected to say that it will focus on growing economies such as China and maintain its market share in lower-growth Western economies such as Britain.

HSBC Profit Surges 28%

The year-over-year improvement was primarily led by strong performance by the Commercial Banking and Retail Banking and Wealth Management segments

Vindicated Raymond James duo set up discretionary arm

The duo is among the seven Raymond James advisers who won the case against Towry two weeks ago.

What to make of Greece’s rescue package

Short term risk reduction, but no long term solution

German Foundation Eyes Wealth Tax Reforms

In its release, the Foundation explains that although private net wealth in Germany is four times public debt, the state nevertheless does not sufficiently tax large wealth.

The Baring name marks 250 years of business

Marino Valensise, CIO of the firm since 1999, says he is proud of the name’s history, but the brand association does not weigh upon him.

DIFC, TheCityUK join hands

DIFC has signed a Memorandum of Understanding (MoU) with TheCityUK to share financial, legal and regulatory expertise, collaborating on areas of mutual interest including closer links on education, training and qualifications.

Wealth and Asset Management