04/15/2016
British hedge fund manager Man Group on Friday posted a slight drop in assets under management in the three months to the end of March, hit by the performance of GLG, its actively managed equity business.
04/15/2016
Despite 27% drop in its bottom line, bank still beats analysts’ estimates
04/14/2016
The profit was in line with the market's low expectations after what was widely seen as the grimmest first-quarter for the banking industry since the financial crisis.
04/13/2016
The company said profit at its investment bank fell 22 percent from the year before to $1.98 billion. Profit from its consumer bank rose 12 percent to $2.49 billion.
04/12/2016
LVMH will continue to focus its efforts on developing its brands, will maintain a strict control over costs and will target its investments on the quality, the excellence and the innovation of its products and their distribution.
04/06/2016
Deutsche Bank is seeking to tap a larger share of wealthy individuals and institutional investors as stricter capital rules
04/04/2016
Chivas Brothers profits down 12% despite Glenlivet popularity
Bosses at Chivas, the Scotch whisky and premium gin arm of Paris-headquartered Pernod Ricard, blamed the slide on unfavourable currency exchange rates.
03/28/2016
The fine-jewelry seller is looking ahead at a few issues that will cut into its sales, but there's good reason not to think of it like most other retailers.
03/24/2016
As of today, over 90 percent have committed to join us and form upon closing the new Alex. Brown division of Raymond James.
03/21/2016
This was up from 5.73 million francs in 2014, Zurich-based Baer said in its 2015 annual report released on Monday.
03/17/2016
H.S.H. Prince Max von und zu Liechtenstein, CEO LGT: “Our consistently high level of growth and very good results for 2015 are the result of our commitment to pursuing our long-term international growth strategy, and our constant efforts to enhance
03/17/2016
The division’s client deposit base, its primary source of funding, rose 53% to £897 million.
03/17/2016
Wealth manager Brooks Macdonald reported rises in profits and FUM for the second half of 2015, despite incurring losses in its funds business.
03/15/2016
Operating profit increased to 3.4 billion euros ($3.78 billion), and revenue improved 25 percent to 21.5 billion euros, the Stuttgart, Germany-based sports-car maker said Friday in a statement.
03/11/2016
Safra Sarasin is hunting for acquisitions after integrating Morgan Stanley’s Swiss private banking business, which it bought it last year.
03/10/2016
Williams says: “We now have over 100,000 Isas on our platform and we anticipate another good Isa season in 2016.
03/09/2016
This conscious decision on our part does mean that we expect to achieve our 60-65% efficiency target by a later date than 2017 as originally envisaged.
03/09/2016
The initial negative currency impact on client assets was offset by positive contributions from net new money and market performance during the year.
03/09/2016
The Middle East markets “continue to be key,” the company said, adding that it has strengthened its presence across Saudi Arabia, Dubai, Bahrain, Qatar and China and established a partnership with a “major Russian company” which ha
03/08/2016
The group delivered a solid performance in the period with adjusted operating profit up 2% to £111.2 million and adjusted basic earnings per share up 5% to 61.1p