07/07/2015
We all know of the gold standard, but have you heard of the cheese standard?
Italian bank takes cheese as collateral for loans
Wealth and Asset Management
07/07/2015
Aviva pours another £8.5m into Brewin Dolphin
Aviva has bought 2.9 million shares in Brewin Dolphin to lift its stake beyond the 4% threshold.
07/07/2015
London loses golden touch as China’s build-up of bullion continues apace
The benchmark price of dollar gold is set in London twice daily via an auction process
07/07/2015
No let-up for European Wealth’s acquisition drive
We have had some really good wins in terms of acquisitions and the teams.
07/07/2015
The wealth management industry: changes and opportunities
The period following the financial crisis of 2008 heralded a time of huge change, challenge and opportunity across the financial industry
07/06/2015
DBS among world's top 50 private banking brands: The Banker
The report looked at how private banks grew their brands over the past year.
07/06/2015
New Credit Suisse CEO promises "ruthlessly selective" review -FT
Thiam's strategic review will involve executives competing with each other for capital allocations by showing their units
07/06/2015
Bearish beers, bullish spirits at London’s first stock exchange-themed bar
To capture the best deals, customers use an app to monitor prices that constantly shift based on how much customers are buying.
07/06/2015
Citi says SMSFs, low returns may push major banks to sell-off wealth arms
Citi analyst Craig Williams noted that the banks' wealth arms, largely acquired in the early 2000s, had not become "the fast growing, low capital intensive earnings stream" the lenders had expected.
07/06/2015
BMO Global AM completes EMEA rebranding
After the rebranding there will be no changes to F&C’s investment trust business or the F&C savings plans and fund names will not be changed either
07/05/2015
World's first diamond exchange will go live in Sep
Set up in Singapore with several large Indian diamond firms as members, Jim Rogers is one of the angle investors
07/05/2015
South African magnate with thirst for the UK high street
Christo Wiese is third on South Africa’s rich list, with an estimated worth of £4.2bn, and is buying up assets in the UK
07/05/2015
Credit Suisse CEO vows action for 'impatient' investors: NZZ
New Credit Suisse AG Chief Executive Tidjane Thiam has told a Swiss newspaper he wants quick action to implement results of strategic review he is conducting at the Swiss bank.
07/05/2015
Liechtenstein-based Bank completes share buyback
The bank bought back 300,750 bearer shares and 114,080 registered shares under the scheme announced on June 18.
07/03/2015
The next step of evolution: socially responsible wealth managers
What is the point of doing your job if you are not going to make the world a better place?
07/03/2015
Fund and private client services firm acquires Kleinwort Benson CI and SA Funds Business
Staff in South Africa will remain in their offices in Cape Town, whilst in Guernsey the combined business will operate from Dorey Court in St Peter Port
07/03/2015
JOHCM's Beagles snaps up wealth managers
J.O. Hambro Capital Management's Clive Beagles has opened new positions in wealth managers and increased exposure to certain banks in his £2.9bn UK Equity Income fund.
07/03/2015
Brown Shipley AUM edges closer to £5bn with IFA acquisition
The acquisition was finalised on 1st July 2015 following approval from the Financial Conduct Authority
07/03/2015
Boutique Intermede set to open first fund
The firm manages close to $500 million
07/03/2015
Bellpenny switches CEO
Bellpenny has announced Nigel Stockton is to replace Kevin Ronaldson as CEO as he is shifting to the role of founder director.