05/17/2012

FSA crackdown on Ucis to hit private wealth management hardest

The UK Financial Services Authority's (FSA) draft of new regulations preventing unregulated collective investment schemes (Ucis) being marketed to retail investors will have most impact on the UK private wealth management sector, according to market

05/17/2012

HSBC says it's already cut $2 billion in costs

The integration of its four pillar businesses has delivered US$500 million of additional revenue, the bank said, adding a further US$1.5 billion in revenue is expected in the short- to medium-term.

05/16/2012

Shanghai has 370,000 dollar millionaires - Research

The Hurun Research Institute and independent financial advisor Gao Fu Club jointly released the Shanghai Wealth Report 2012, an authoritative report identifying and analyzing the private sector in Shanghai.

05/16/2012

No JPMorgan, UBS Heads To $15 On Wealth Management Strength

This is a great sign for UBS as wealth management is a much more predictable business compared to the highly volatile sales & trading business which has contributed to earnings improvements for almost all its competitors including Barclays and Credit

05/16/2012

Deloittes gear up for the Olympics

A team of employees from Deloitte are gearing up for the Olympics by taking to their saddles and tackling the official Olympic cycle route before the London 2012 athletes.