10/31/2012
Romania’s richest lose EUR 18.5 bln during crisis
The total value of the wealth of Romania’s 500 richest people included in the Forbes ranking is at some EUR 21.5 billion, down from EUR 40 billion in 2008.
Wealth and Asset Management
10/31/2012
Walker Crips to sell corporate advice arm for £270,000
Walker Crips, which earlier this year disposed of its asset management business to Liontrust, wants to sell the entire issued share capital of KBR, though the proposed deal will be subject to regulatory approval.
10/31/2012
Chinese Private Banking Report 2012 - RESEARCH
China is Asia’s most important high-net worth (HNW) market contributing to over 50% of the region’s growth by 2015.
10/31/2012
Charities still unsure about ethical investments
Charities increasingly adopting ethical investment policies, but concerns over financial returns remain
10/31/2012
Commission friendly offering from platform one
The new service provides a platform for international advisers who want to operate a traditional, commission-based revenue model.
10/31/2012
Luxury Marketers Grow Market Share - RESEARCH
New white paper provides best practices, case studies and practical tips
10/30/2012
UBS Wealth Management Americas posts record 3Q profit
Posts third straight record profit on strong markets
10/30/2012
Unions alarmed at massive UBS jobs cull
According to trade unions that fear Switzerland’s largest bank could lose its “Swiss Quality” label by dumping Zurich-based staff.
10/30/2012
Barclays reports Q3 loss under new CEO
Commenting on its current performance, Barclays noted that October continues to be affected by the challenging economic environment and subdued market volumes, and it continues to be cautious about the environment in which it operates.
10/30/2012
SJP looks to grow adviser numbers as assets reach £32.8billion
St. James's Place outpaces slow market with sales
10/30/2012
Sberbank releases solid-gold bankcard
There is no word yet whether Sberbank plans to release a local variant for the Russian market.
10/30/2012
Standard Life sees 37% annual wrap growth
Long-term savings new business sales of £14.4bn
10/30/2012
Societe Generale Private Banking receives three awards
Societe Generale Private Banking has received 3 awards at the Private Banker International Awards ceremony in Singapore on 24 October 2012.
10/30/2012
Brand new Wealth Management Centre now in service
To meet the diverse needs of customers, the high net-worth customers in particular, the Centre provides a comprehensive range of professional and premier Wealth Management services.
10/30/2012
Wealthy deal for Liverpool financial services firm
Liverpool-based financial services company Wealth at Work has bought a stake in a Yorkshire rival.
10/30/2012
Targeting corporate wealth on divorce
The Court of Appeal has made a landmark ruling on spouses’ ability to break through complex structures to deliver a divorce settlement.
10/30/2012
Banque Privée Edmond de Rothschild sponsors Geneva Watchmaking Grand Prix
Seventy preselected watches made by the world's greatest manufacturers have been exhibited in Zurich, Hong Kong and Shanghai and are now going on display in Geneva.
10/30/2012
Should Brokers Be Forced to Disclose Their Bonuses to Clients?
Reports suggest some firms are offering substantial inducements to potential registered representatives
10/29/2012
Mariner Wealth Advisors gets majority stake in Cincinnati firm
“We’ve really concentrated this year on growing the wealth division to help it catch up to the asset management side."
10/29/2012
Wealthy Still Giving, Just Less
“Since 2006, this has become the largest and one of the longest running studies of its kind, offering key insights that help to inform nonprofit organizations’ donor engagement strategies.”