01/10/2014
Fleming Family & Partners chief executive Mark Davies has warned the firm is ‘unlikely to see a significant growth in profitability in the short term,’ despite posting strong full-year results.
01/10/2014
The firm has acquired the Hume International Bond fund, which will be renamed the European Wealth Sterling Bond fund, and the Hume Global Opportunities and Hume European Opportunities equity funds, expanding its presence in retail fund management
01/09/2014
UBS sees recruitment pay off in the fourth quarter
With a year-end windfall of veteran advisers, the firm topped off a year of big gains
01/09/2014
Signing bonuses, often referred to as 'employee forgivable loans' are paid by firms to brokers and other licensed securities professionals up front and structured as loans forgiven over time, typically a seven-to-10-year period.
01/09/2014
Funds managed by Rathbones increased 21 per cent to £20bn during the quarter, increasing from £16.7bn in Q4 2012.
01/09/2014
The supercomputer that took on human competitors in the American gameshow Jeopardy has found a new job: as DBS Bank's wealth management expert.
01/09/2014
Wealth manager continues expansion drive
The firm has been on an acquisition spree over the last few years, targeting professional services firms.
01/09/2014
Days later, Switzerland’s finance minister said current leverage ratios are too low and banks may have to consider whether to keep securities businesses.
01/09/2014
Credit Suisse Group AG is betting it can turn around its unprofitable U.S. private wealth business with new loan products and a focus on the ultra-rich, a strategy greeted with skepticism by some securities analysts and former officials at the bank.
01/08/2014
Credit Suisse steps up efforts to offload risky investment bank assets
Credit Suisse is stepping up efforts to scale back riskier fixed income areas squeezed by strict new regulation, it said on Tuesday.
01/08/2014
Over 70% of people in China use wealth as the main gauge of success, double the world average
01/08/2014
Zimbabweans are among the poorest people in Africa, with the country’s controversial indigenisation laws expected to further erode their wealth
01/08/2014
Standard Chartered have announced the appointment of John Lee as Executive Director for West Africa in its Private Bank.
01/08/2014
He will be based in London and is responsible for all business development activity via intermediaries, to include lawyers, accountants, IFAs, consulting firms and mortgage brokers.
01/07/2014
Launched in December 2013, the JB China Evolution fund is Luxembourg-domiciled Sicav and will have 30-50 holdings that will benefit from Chinese economic reforms.
01/07/2014
The SNB said preliminary calculations indicated it made roughly CHF3 billion on foreign currency positions and another CHF3 billion profit from the sale of a fund that had held troubled assets of UBS AG.
01/07/2014
In the Autumn Statement, the government announced it would press ahead with a review of the taxation of partnership structures where corporate entities are set up to act as additional partners, and are generally taxed at lower rates than individuals.
01/07/2014
Wealth-X announced today that it has been selected as a provider of global ultra high net worth (UHNW) intelligence for Savills’ high-end real estate business.
01/07/2014
Guernsey trust, funds and corporate services makes another acquisition
This is the fourth acquisition for the Group since its management buyout in July 2012 and major rebrand in early 2013.
01/07/2014
HSBC plans to give staff shares to avoid Brussels' new cap on bankers' bonuses