01/24/2012
Executive pay is 'unjustifiable', says City superwoman Nicola Horlick
City investment 'superwoman' Nicola Horlick has said it was wrong for executive pay to increase when company profits have struggled.
01/24/2012
City investment 'superwoman' Nicola Horlick has said it was wrong for executive pay to increase when company profits have struggled.
01/24/2012
Labour leader Ed Miliband has called on the Prime Minister to intervene and stop RBS chief executive Stephen Hester taking his bonus which is expected to be around £1.6m.
01/24/2012
But industry players say the City will resist more pessimistic warnings from some quarters and won't fully turn back the clock to before the Big Bang era, when London was a more genteel financial centre.
01/24/2012
No principals or staff from either firm will join SPW
01/23/2012
Brooks Macdonald saw discretionary assets under management jump by 11% in the final quarter of 2011 and pass the £3 billion mark.
01/23/2012
Morgan Stanley is close to selling a British wealth management unit to private equity firm...
01/23/2012
Chancellor George Osborne is facing calls to close a loophole which has seen more than £100bn of central London properties placed in overseas tax shelters.
01/23/2012
Tods Murray has absorbed two-partner private client firm Fyfe Ireland.
01/23/2012
Howard joins from Rothschild Private Management, where from 2009 he was Head of UK Portfolio Management and sat on the Global Asset Allocation Committee.
01/22/2012
The legal spat is likely to fan the flames of public anger at a time when high inflation, rising job losses and sharp government spending cuts eat into the livelihoods of Britons asked to bail out the banking sector in the 2008 credit crisis.
01/22/2012
Gilbert said the appointment reflects the "mounting focus" on Saudi Arabia, which is one of the region's most appealing private banking hotspots.
01/20/2012
Jennifer Manser, head of marketing and communications at New York-based Schroders, said the firm decided to go with JCPR after interviewing multiple agencies.
01/20/2012
The Iveagh funds will offer investors access to the investment team managing the private portfolios of key members of the Guinness family, including Lord Iveagh. To date investors have put £215m into the funds.
01/20/2012
He said none of the suspects were current members of staff but he could not comment on which side of the businesses had been affected.
01/20/2012
British asset managers suffered a wave of withdrawals in the final three months of last year, as clients fretting about a deepening euro zone crisis and choppy financial markets trimmed exposure to investment funds.
01/20/2012
The crisis of 2008 and the economic recession following it affected the perception investors have about wealth managers and financial services providers, leading to lower levels of trust. Therefore firms have to be more proactive and dynamic with their cu
01/20/2012
Tough times are continuing at the Securities division of merchant banking group Close Brothers, but the Banking division continues to do well, with good growth in the loan book.
01/20/2012
The list of French corporate and investment banking clients who can expect to get an immediate call back from their banker is set to get a bit shorter.
01/19/2012
The service is aimed at advisers who have clients seeking large loans but may be unable to secure them through mainstream lenders.
01/19/2012
Mr Rowsell – who has 28 years’ experience in private banking – joins Barclays Wealth from Coutts & Co, where he was instrumental in helping to establish and develop its regional business in South Wales over the past 13 years.