07/12/2012

How the world views the 1 percent

The survey, which asked over 12,000 people whether they agreed with the statement "most rich people in my country deserve their wealth," found that this year nearly 15 percent strongly agreed and 28 percent agreed versus 12 percent and 27 percen

07/12/2012

Britain and banking: Back to the 1830s

In Britain during the early 19th century, paper money was not as we know it today – all reassuringly bearing the head of the Queen and the stamp of the Bank of England.

07/12/2012

NFP Announces Acquisition of Fusion Advisor Network

National Financial Partners Corp. NFP +0.36% , a leading provider of benefits, insurance and wealth management services, today announced that it has acquired Fusion Advisor Network ("Fusion"), a leading provider of practice management and busin

07/11/2012

Wealth management poaching war escalates

The poaching war between Commonwealth Bank of Australia Ltd-backed Count Financial and Westpac Banking Group Ltd's BT Financial has taken another turn

07/10/2012

Geneva Bankers Tap Old Ties to Find New Riches Amid Arab Spring

Lombard Odier & Cie., Geneva’s oldest private bank, plans to double assets under management for Middle East clients to 10 billion to 15 billion Swiss francs ($15.7 billion) over five years, said Arnaud Leclercq, a partner in charge of the region

07/10/2012

Suitors gather as BSI and Merrill Lynch go up for sale

BSI had CHF77.7bn ($79.4bn) assets under management (AUM) in 2011, making its private banking business comparable in scale to the non-US wealth management unit of Bank of America Merrill Lynch with $90bn AUM.