07/29/2014
Succession acquires Wealth Managemer in £5m deal
It pays a multiple of recurring revenues including an increased rate on revenues through Succession’s own white-label platform.
07/29/2014
It pays a multiple of recurring revenues including an increased rate on revenues through Succession’s own white-label platform.
07/28/2014
Odey, which manages approximately $12.3bn of assets, is one of few London-based hedge funds to have expanded into Switzerland since analysts predicted a big wave of departures from the UK in 2010.
07/28/2014
Barclays declined to comment on the departures, which add to the growing list of senior executives to have left the bank since it announced it would pull out of 200 wealth markets last September.
07/28/2014
The banks are not required to hand over client names as part of the deal, but must commit to handing over information which will help U.S. officials set up judicial aid requests to pursue tax dodgers.
07/28/2014
Analysts, journalists and central bankers mostly seem to have only admiration for the 57-year-old’s record in running Canada’s biggest bank by market value since 2001.
07/28/2014
Hoare’s wealth management unit grew its funds under management by almost a fifth to £1.56bn, according to its annual report, which will be filed with Companies House on Monday.
07/28/2014
More than 11 key staff have left WIM since October last year. When staff leave specialised units such as WIM revenue tends to follow them to their new companies because of the relationship they have with their clients.
07/28/2014
The executive shake-up was alluded to in Nedbank’s recent update to the market after Brown missed his self-imposed deadline to appoint a new retail and banking head by the beginning of this month.
07/28/2014
German Lender to Report Second-Quarter Earnings on Tuesday
07/28/2014
Assets under management £322.5 billion
07/28/2014
Being transparent is part of our normal course of business and it's what drives our client communications
07/28/2014
The world economy showed moderate growth and major central banks maintained a generous supply of liquidity.
07/28/2014
The transaction will immediately add £40m in funds under management bringing the AFH's total to £820m and total adviser count to 127.
07/28/2014
As a leading securities services provider in the Luxembourg financial market, SGSS provides a complete range of securities services for asset managers and institutional investors, including settlement, custody and trustee services, fund administration, mi
07/28/2014
It is hoped that this will be able to cost effectively meet its financing needs and invest in long term growth whilst increasing the impact of the organisations work.
07/28/2014
Financial services employers in mainland China are a fairly flexible lot when it comes to recruitment.
07/27/2014
Alan "Ace" Greenberg, the former chairman and chief executive officer of Bear Stearns Cos Inc, died on Friday at the age of 86 after a bout with cancer.
07/25/2014
The companies announced they had executed a non-binding indicative offer under which Australian Unity Personal Financial Services would acquire all the shares in Premium Wealth Management.
07/25/2014
After the global financial crisis prompted banks and regulators to look again at what constitutes safe capital, many big lenders have been moving trillions of euros of unwanted assets into divisions like the one Molinaro runs.
07/25/2014
Helping rebuild the Palace of Nations, which has cemented Geneva’s reputation as a center of peace talks, would be the right thing for the banks to do