07/31/2012
One-time chief executive Michael Geoghegan and Sandy Flockhart, the head of the bank’s Mexican business for much of the period covered by the US investigation, are understood to be among former senior managers who face having parts of their bonus ta
07/31/2012
KBL epb remains one of the rare international banking groups to be headquartered in Luxembourg.
07/31/2012
Standard Chartered said in its results statement that it has assisted clients in UK, Europe and the Americas, who are suffering with a debt crisis and government austerity measures, "to access the growth markets of Asia".
07/31/2012
Is gold set to shine once again?
07/31/2012
The Model Portfolios are now accessible to all clients as an integral part of the Saxo MWM platform.
07/31/2012
Net Revenue for the first half of 2012 declined to 120.6 million pounds from 137.0 million pounds reported for the same period last year.
07/31/2012
Mr. Bloch, who tied for 39th on last year’s Philanthropy 50 list of the nation’s top donors, said the dollar amount of contributions to the foundation would remain private for now but that it would ultimately rank among the region’s larg
07/31/2012
But the strategy for success is not always straightforward, and now a number of regional players have come to the fore looking to challenge Swiss dominance in this field.
07/31/2012
The current economic and regulatory upheaval is providing opportunities for fee-based family financial planners and this trend is set to continue with the incoming Retail Distribution Review, the rise in technology and the current austerity, 7IM founder J
07/30/2012
Australian Trustees forms Private Wealth Solutions business
Burns said the new division would come into effect from the beginning of August.
07/30/2012
Wealth management industry not sufficiently in tune with the needs of young investors - research
More than 1,000 US investors surveyed reveal convenience and online tools are key reasons for Gen-Xers and Gen-Yers to shift assets between financial institutions
07/30/2012
EFG International to sell Canadian subsidiary
EFG acquired the Wealth Management Group of Companies in 2007
07/30/2012
According to a letter seen by the Sunday Times, the asset management firm, one of the top 10 shareholders in the bank, said now is a great time to change the bank’s strategy.
07/30/2012
But after the bank decided to cut its dividend, Al Habtoor felt it was time to go.
07/30/2012
In challenging conditions marked by increased volatility and greater client caution, UBS continued to execute its strategy and to deliver on its enduring commitment to clients, achieving pre-tax profit of CHF 951 million.
07/30/2012
"The European sovereign debt crisis continues to eigh on investor confidence and client activity across the bank."
07/30/2012
Risk costs rose 6.6% from EUR 920.8 million in H1 2011 to EUR 981.8 million in H1 2012, or to 146 basis points of average customer loans.
07/30/2012
Wealth management service provider says £400,000 underlying profit has “reversed a trend of deteriorating profitability”.
07/30/2012
"The discretionary portfolio space may have £500,000 or more. They might want something that takes them in to a different space, [utilising] other instruments that we would never bring into our mainstream portfolios. Read more: http://www.ifao
07/29/2012
The move is another advance for the growing move to curb excessive pay, as most company incentive schemes allow for shares to be sold after one to three years.