Managers of Wealth

Banking heads towards reglobalisation in new guise

It certainly seemed a realistic prospect. And yes, trade volumes have been volatile.

Tax Gift To The Rich

The average tax rate for the 400 wealthiest Americans was 29.3 percent in 1993, but dropped to 18.1 percent in 2008, according to the latest IRS statistics.

Wealth gap evident on Capitol Hill Another pension perk

We don't begrudge anyone money he has worked for, but there is evidence some members of Congress have used their position for personal gain. There have been recent disclosures of use of inside information to trade on Wall Street - a practice that, in

Financials hold key to Wall Street revival

With healthy banks widely seen as essential to economic recovery, there is concern that US equities will struggle in 2012 unless financials break out of their deep slump.

Time for a British investment bank

First, some £40billion of ‘credit easing’ designed to get cheaper credit flowing to small and medium sized enterprises and, second, a boost for infrastructure spending to create jobs and investment in new capital projects.

A critique of the financial sector and people's behaviour

First of all I may say that the essay was wrote on December of 2010 when the actual financial crisis was not in its worst stage but all the conclusions fits very well to some of the events that have happened in the last months and actually continue happe

How to save the global economy - tame the world's crazy currency system

During this global deleveraging, the major risk is that a currency and trade war might erupt as governments face public anger resulting from declining incomes and rising joblessness.

Private client wealth manager inks deal with SEI

This relationship is another positive signal to the market of the growing acceptance of Global Wealth Services for UK Private Client Managers serving HNW clients.

UK Wealth Management is on the acquisition trail

The private equity-backed business is well placed to capitalise from significant demographic and regulatory changes which are set to shake up the wealth management industry.

Crispin Odey: 'horrble' 2011 has produced bargains

At the close of a tumultous twelve months on the markets, hedge fund manager Crispin Odey has described 2011 as a "pretty horrible year", but pointed to opportunities in 2012 presented by cheap prices.

Barclays stockpiles 'losses' to soften tax obligations

Barclays has amassed a war chest of "losses" to offset against future tax payments that can almost rival those at the crippled state-backed banks, despite remaining strongly profitable.

Big Bank CEOs Walk Away With Big Bucks in 2011

Banks may have been the hardest hit this year in the stock market, but the CEOs who run them are doing just fine.

Libor scandal hits traders as RBS 'cuts bonuses'

Royal Bank of Scotland plans to claw back bonuses from staff to cover the cost of an expected £350m fine for rigging the Libor rate.

Singapore banks beef up operations to cover NRI market

Singapore-based banks are beefing up their operations to manage the USD 25 billion wealth of the city state's 300,000 non-resident Indians (NRI), who have an investment preference for Indian securities and the rupee.

Morgan Stanley Smith Barney Wealth Management Team in Memphis Joins Williams Financial Group

The Kinney-Coe Group becomes Dominion Partners, LLC-An Independent Wealth Management Company.

Less perks for expat workers

Lucrative expat packages are becoming a distant memory in Asia, as employers no longer need to entice top talent

Expat Parents in Hong Kong Feel School Squeeze

From December 2009 to September 2011, the number of U.K. nationals moving to Hong Kong jumped 53%

It cannot get tougher than this

With global markets melting and every asset class straining, wealth managers are facing an uneasy task of managing HNIs’ wealth. In such circumstances,

New tax relief scheme for UK charities

'C-volunteering initiative' designed to encourage business donations could raise charities' income by 10% annually

Independent private client investment manager pays directors £1.4m

Brewin’s annual report revealed that the bonuses were down from £1.7m in the previous year.

Wealth and Asset Management