02/19/2015
"Citi Private Bank remains uniquely positioned to serve the Asian ultrahigh-net-worth market with our global presence and broad and deep wealth management platform," Ida Liu, managing director and head of the North America Asian Clients Group, s
02/19/2015
AFH Wealth Management has announced the acquisition of Worcestershire-based KL Plester Financial Services Holdings for £1.7m.
02/19/2015
NewSmith will be placed in Man’s GLG unit if the deal is completed
02/18/2015
The FCA has put marketing restrictions in place that impact how specific types of products are promoted to different types of retail investors and defines retricted products as 'non-mainstream pooled investments' and 'non-readily realisable
02/18/2015
In a statement, Swiss prosecutors said its probe into the troubled bank could be extended to "people suspected of committing or participating in money laundering."
02/18/2015
Switzerland plans to tighten regulations requiring UBS Group AG and Credit Suisse Group AG to hold capital against potential losses to shield the economy from future financial crises
02/18/2015
Wealth management companies and units at banks have increased global recruitment significantly,
02/18/2015
He said this would be available to investors through Old Mutual Wealth’s collective retirement account in time for the pension changes on 6 April 2015
02/17/2015
The heir to the Nina Ricci perfume fortune went on trial and faces ten years in prison
02/17/2015
For the sixth time, the bank won the “Best Private Banking Services Overall (Malaysia)” and six sub-category awards.
02/17/2015
Standard Chartered Plc will take an all-out effort to save the bank from further damage due to its high costs.
02/17/2015
But plans to sell the bank’s sister brand ICE, which is one of the world’s largest bureau de change businesses, have been put on hold.
02/16/2015
Marsh said its Private Client Services (PCS) division was named "Best High Net Worth Insurance Broker" by Private Asset Management (PAM) magazine
02/16/2015
However, in the case of The Bahamas, although it is also a financial centre, 55 Bahamian citizens or passport holders were associated with accounts at HSBC. Likewise, Bermuda, where 13 of its citizens or passport holders were associated with such accounts
02/16/2015
Private banking: shrinking margins, stagnating client base
The following article is from the February 13-26 print edition of the Budapest Business Journal.
02/16/2015
The bank is considering unveiling the new plan, possibly one of the biggest overhauls in decades
02/16/2015
That extends the application window from two weeks to a total of 11 weeks, suggesting the scheme has fallen well short of the worldwide cap of 500 applications.
02/16/2015
Court documents reveal that HSBC India has been accused of helping American citizens of Indian origin to avoid tax, said the report.
02/16/2015
The start-ups offer a new investment route for the millionaires
02/16/2015
It is understood that Zurich and Aegon have appointed investment bank Evercore to lead talks with potential bidders.