07/31/2014
The Group has a rock-solid balance sheet with high solvency and significant liquidity reserves. Serving the needs of clients all over the world, the Group plays an active role in financing the economy and is preparing the bank for the future.”
07/30/2014
Wealth advisory firm buys investment advisor
Financial terms of the deal were not released Tuesday.
07/30/2014
“This has somehow create an awareness among the foreign investors to do so as they are convinced with the Islamic version to secure their properties,” he told Bernama in an interview recently.
07/30/2014
Barclays' six monthly pre-tax profits have fallen after investment bank revenue fell.
07/30/2014
Net new money at the Zurich-based firm for the first half of the year was zero, as modest gains at its private bank were cancelled out by outflows at Vontobel's asset management arm.
07/30/2014
Heartwood breaches £2bn asset landmark
Heartwood’s client base has grown across its private client, charity and intermediary divisions, with total inflows of over £600 million over the past 12 months. New business was generated primarily through referrals.
07/30/2014
World class international musicians are in Jersey this week to perform along with some of the world’s leading music college students as part of the Jersey International Masterclasses.
07/30/2014
Leading firm of independent wealth managers joins MCA
As the chosen partner of over 18,500 global clients, both large and small, Deltek's industry expertise and purpose-built solutions enable consulting firms to optimise their business processes and be competitive in today's global market.
07/29/2014
The Getty Foundation has announced that the 2014 edition of the J.Paul Getty Prize for achievements in philanthropy and conservation, is to go to Lord Jacob Rothschild.
07/29/2014
At the start of the third quarter of 2014, many of the underlying challenges and geopolitical issues that we have previously highlighted remain
07/29/2014
Income before income taxes (IBIT) of EUR 917 million, an increase of 16% from 2Q2013
07/29/2014
Discretionary portfolio management is starting to gain traction, but finding and retaining investment staff to do it is tricky, say private banking heads in Southeast Asia.
07/29/2014
Agency broker Newedge is developing its stock-lending and equities execution capabilities following its acquisition by Société Générale this year and a global restructuring in 2012.
07/29/2014
Funds under management of £47.6 billion (2013: £39.9 billion) - up 19% over the twelve months and 7% since the start of the year
07/29/2014
Credit Suisse, one of the biggest players in dark pools, said last week the bank was working with regulators to stamp out potential abuses in the alternative trading venue.
07/29/2014
Entering an exclusive partnership with such a prestigious institution as Loughborough School of Business and Economics will give our community further opportunities to be champions of high quality advice and expertise
07/29/2014
Succession acquires Wealth Managemer in £5m deal
It pays a multiple of recurring revenues including an increased rate on revenues through Succession’s own white-label platform.
07/28/2014
Odey Asset Management makes Swiss push
Odey, which manages approximately $12.3bn of assets, is one of few London-based hedge funds to have expanded into Switzerland since analysts predicted a big wave of departures from the UK in 2010.
07/28/2014
Barclays Wealth fails to halt talent drain
Barclays declined to comment on the departures, which add to the growing list of senior executives to have left the bank since it announced it would pull out of 200 wealth markets last September.
07/28/2014
Swiss banks face lower fines than feared in U.S. tax case- paper
The banks are not required to hand over client names as part of the deal, but must commit to handing over information which will help U.S. officials set up judicial aid requests to pursue tax dodgers.