03/23/2016
Swiss private bank Julius Baer has taken a "commercial approach" to negative interest rates, Chief Executive Boris Collardi told a Swiss newspaper, splitting costs between the bank, its customers and the employees who advise them.
03/23/2016
Some advisers are even job hunting, worried that the rule's impending introduction could slash their compensation.
03/23/2016
The award recognizes an individual working in the private client world.
03/23/2016
They make deals worth millions, spend thousands on designer labels, party hard and never miss a daily blow-dry. Meet the new breed of alpha females taking over the City
03/23/2016
It sought a deal that would have been paid by at least 50% in cash and the remainder in new shares in AFH or convertible loan notes in AFH.
03/23/2016
The decision to break up the company was announced by new group chief executive, Bruce Hemphill, two weeks ago, because the constituent parts did not make sense as a single group.
03/23/2016
Although the ultra-high-net-worth demographic is primarily men, women are an increasingly important subset of the group, according to a new report by WealthInsight.
03/22/2016
RBC Global Asset Management Inc. reserves the right to cap the Fund or otherwise restrict investment at a later date.
03/22/2016
Big wealth managers face pressure to put more weight on staff behaviour when setting their pay, after the corporate watchdog found many are not properly managing conflicts between their financial interests and those of customers. An Australian Securities
03/22/2016
A consultation period on the closure of the Geneva office, which has 18 employees, is expected to be completed towards the end of the third quarter.
03/22/2016
He worked for London-based investment bankers Smith & Williamson.
03/22/2016
Lombard Odier, the Geneva-based private bank, has dropped Lombard from its name – at least in strictly legal terms, research by finews.ch showed. But has the Lombard family as such given up on the bank?
03/22/2016
Both acquisitions are expected to be completed during 2016, subject to regulatory approval.
03/21/2016
Mr Thorburn, an associate in Goldman's wealth management unit, failed to disclose the original online business venture to the investment bank.
03/21/2016
Squeezed by narrowing interest margins accompanying an all-time low benchmark interest rate, Korean lenders are expanding their expat services to those stretching beyond remittance or foreign exchange.
03/21/2016
Despite slowing economies in China and rest of Asia, Swiss lender continues hiring to support expansion of private and investment banking across the region
03/21/2016
It was noted that in the past, families were more concerned of growing their wealth, but this notion changed during the past few years.
03/21/2016
There have been lean times in the past -- UBS has cut 10,000 jobs in the last three years and this is only the second annual increase to overall bonus payouts since 2010. Some reward is justified.
03/21/2016
J.P. Morgan Culls Wealthy Herd
03/21/2016
Independent financial advisory business headquartered in Hereford, with 45 predominantly selfemployed financial advisers covering the North East, the Midlands and the South West of the country.