01/30/2017
HSBC Bank Oman reports profits up 31 per cent, names new chairman
Other operating income fell to OMR 0.6 million primarily due to the non-repeat of the gain on the disposal of legacy investments of OMR 4.6 million being booked in 2015.
Wealth and Asset Management
01/30/2017
Banker thrives on her mantra
It was in such situations where she stretched her limits.
01/27/2017
Swiss private banks see asset influx after US election: Baer CEO
While the consequences of Brexit will remain manageable for Swiss banks in the foreseeable future, Switzerland stands little chance of gaining significantly from the weakness of London's financial centre, he said.
01/27/2017
St James’s Place to publish bond and pension charges online
Move for greater transparency follows increased scrutiny of industry fees
01/27/2017
Swiss financiers call time on ‘business bashing’
Switzerland is currently overhauling its financial rules
01/27/2017
Raymond James' profits buffeted by $30M in rising legal costs
The firm is preparing for implementation of the fiduciary rule and is also facing a lawsuit from an SEC-appointed receiver related to an alleged $350 million fraud scheme involving a Vermont ski resort, immigrant investors and one of the firm's finan
01/27/2017
Ex-Credit Suisse managers launch German boutique
Both partners have around 20 years of experience in the financial industry and most recently worked as senior portoflio managers at Credit Suisse in Zurich.
01/27/2017
Swiss private banks see asset influx after U.S. election: Baer CEO
Switzerland should not unnecessarily cut off any negotiating possibilities amid a changing political landscape
01/27/2017
UBS's Blessing says challenge in 2017 is to earn 'decent money"'
Blessing said UBS has no plans to pass on negative rates to retail clients.
01/27/2017
Ryley Wealth Management expands with acquisition
We are delighted to be part of the bigger team.
01/27/2017
UBS sees investor outflows even as it beats profit expectations
UBS launches new philanthropic portfolio to improve child healthcare in world’s most neglected communities
01/27/2017
UBS hopes Trump-led rally will help boost wealth management
We have begun to observe improved investor confidence.
01/27/2017
Sumitomo Mitsui Hiring Barclays Private Bankers as Ties End
Barclays has been paring operations in Japan and elsewhere in Asia as part of global cost cuts to boost profitability.
01/27/2017
EFG International CEO says BSI integration entirely on schedule
He hoped the bank would be able to increase revenues
01/27/2017
Lighthouse Partners backs second BlueCrest trader in two months
It is not known how much Lighthouse is giving Pace for her new hedge fund, which will be initially closed to external investors, one of the sources said.
01/26/2017
BNY Mellon Wealth Management takes a chance on North Virginia
The office has five staff members but expects to add eight more as it grows over the next couple of years, according to BNY Mellon.
01/26/2017
Raymond James' profits buffeted by $30M in rising legal costs
Record quarterly net revenues of $1.04 billion, up 19 percent over the prior year’s fiscal first quarter and 8 percent over the preceding quarter
01/26/2017
ZEDRA to attend the Corporate Jet Investor
It annually provides a valuable opportunity to network with existing contacts and make new ones.
01/26/2017
Julius Baer’s Bold Plans for its Asian Private Bank
Asia-Pacific CIO Bhashkar Laxminarayan wants to quadruple discretionary assets in five years.
01/26/2017
St. James’s Place - Record flows in final quarter drive funds under management to £75 billion
We’ve achieved strong growth across all the key aspects of the business and I believe that we are better placed today for the opportunities that lie ahead than ever before.”