11/27/2013
Deutsche Bank has refocused its UK wealth management business on the brutally competitive market catering to ultra-rich foreigners with plans to sell its loss-making Liverpool-based unit targeting the "mass affluent".
11/27/2013
Nine independent financial advisers were among the 35 businesses to pick up a Gold Standard Award 2013.
11/26/2013
Charles Stanley looks to take on Barclays Wealth managers and open Cardiff office
Charles Stanley is in talks to take on a number of Cardiff-based Barclays Wealth and Investment Management investment managers and open an office in the Welsh capital
11/26/2013
WEALTH management company Quliter Cheviot is celebrating winning an industry award and breaking the £15bn barrier for its funds under management.
11/26/2013
Regulators have targeted traders’ electronic messages, using them as evidence of wrongdoing in their investigations into the manipulation of benchmark interest rates and foreign- exchange markets.
11/25/2013
LESS than a quarter of investors seek expert financial advice, revealing the extent of opportunity for the banks to source more earnings from wealth management -- but also showing how far they have to go.
11/25/2013
Most wealth managers are looking to outsource some parts of their businesses in the next five years
11/25/2013
Singapore's DBS Group Holdings and ABN AMRO are among the suitors to place final bids for Societe Generale's Asia private bank
11/25/2013
Wealth-X has launched a unique digital intelligence and analysis platform collating daily news about the ultra wealthy – Wealth-X News.
11/25/2013
Private equity firm Permira is close to acquiring Deutsche Bank’s wealth management business
11/25/2013
Banks will also be forced to limit severance pay and claw back bonuses when employees have violated professional standards or are responsible for hefty losses.
11/25/2013
Paris Orleans reported lower first-half revenue and net profit, citing a weak merger-and-acquisition market as well as impairment charges related to its investment in Banque Privee Edmond de Rothschild.
11/25/2013
New regulations, including the U.K.’s Retail Distribution Review, make finding financial advice more complicated for wealth-management clients
11/24/2013
Lloyds In New St James’s Sale
Lloyds Banking Group is poised to sell a 12% stake in the wealth management firm St James’s Place before Christmas in a move that would reap £390m.
11/24/2013
Advisers still servicing few wealthy clients
These figures show that there is still room for opportunity," BlackRock managing director Mark Oliver told Financial Standard.
11/24/2013
As a consequence of this, BaFin also confirmed that it had commenced the formal 60 working day review period for the approval of the entire transaction, which will expire on February 18, 2014.
11/24/2013
Thirteen advisors recognized as Women of Distinction by the Raymond James Network for Women Advisors
11/24/2013
Accountancy firm MGC Hayles has signed a partnership deal independent wealth management specialists Westerby Group.
11/24/2013
Nutmeg believes the industry has much further to go to really adapt to the post-retail distribution review world and is disappointed by the treatment of smaller clients.
11/24/2013
The shift to managing strategies directly in-house has proved easier for some firms than for others.