02/06/2012
Swiss private bank to expand private-client business in Gulf
The bank is currently focused on four major geographical areas: Switzerland, Russia, China and the Middle East
Wealth and Asset Management
02/06/2012
UBS makes a meal out of ethics at a client lunch
On its menu the bank claimed the food on offer was as ethically sound and tasty as their business practices
02/06/2012
US indictment implicates Hong Kong in tax evasion
A federal court has accused Swiss bank Wegelin of using sham operations to hide funds, some incorporated in Hong Kong.
02/06/2012
Fairbairn Private Bank retains 'Three Star Status' in Best Companies Accreditation
Out of 1,082 organisations that entered the accreditation, Fairbairn Private Bank became one of only 113 organisations across the entire UK to receive the three star accolade, which reflects extraordinary workplace and workforce support and development.
02/06/2012
SocGen adds three French regional private banking teams
Societe Generale Private Banking continues to strengthen its presence in France’s regions and is establishing its private banking teams in Nantes, Nice and Toulouse.
02/03/2012
Wealthy Investors Shrug at Facebook IPO After Private Buys
Facebook, the world’s biggest social-networking service, filed yesterday to raise as much as $5 billion in the largest Internet IPO.
02/03/2012
Will Facebook Really Create 1,000 Millionaires?
But the most widely repeated superlative about the Facebook IPO is that it will create “1,000 overnight millionaires.”
02/03/2012
Punter Southall acquires PSigma Asset Management
Punter Southall Group has today announced that it has taken 100 per cent ownership of fund management boutique PSigma Asset Management.
02/03/2012
Top UAE bank sees growth in wealth, private banking business
"For 2012, we are cautiously optimistic. We will see strong growth in our wealth and private banking business and good growth in Islamic banking," he said.
02/03/2012
Insider Likely New Director As UBS Poaches Candidate
Former Northern Rock CFO Ann Godbehere is currently the only woman on UBS' 11 person board.
02/03/2012
Killik expands reach with private office launch
The Killik Private Office will provide a range of services, including investment management and wealth planning through to paying bills and organising meetings and travel.
02/03/2012
The Global Wealth Management / Financial Services Professional Development Program
LawInContext has launched The Global Wealth Management / Financial Services Professional Development Program - a holistic distance learning training program, which is comprised of three distinct modules, each of which offers a global Fundamentals session,
02/02/2012
Jefferies buys RBS' historic UK broker
Hoare Govett had been one of the most historic and prestigious brands in British stockbroking for much of the 20th century, along with Cazenove, but analysts felt its brand value had been diluted after it got absorbed into ABN AMRO.
02/02/2012
Rinehart now Asia's richest woman, Forbes says
Mrs Rinehart's wealth jumped as Korean steelmaker Posco bought a stake in her Roy Hill iron ore project, Forbes said on its website today.
02/02/2012
Richardson GMP Looks To Acquire Boutique Wealth Manager
Andrew Marsh said the firm would be open to acquiring an independent wealth management firm that focuses on wealthy families, entrepreneurs, and business owners. He said the firm wasn't in talks with any possible targets now.
02/02/2012
Up to 100 Coutts staff face axe in restructure
Up to 100 of Coutts’ front office staff face the prospect of redundancy, following the bank’s decision to separate its wealth management and private banking functions in the run-up to the retail distribution review.
02/02/2012
Societe Generale to Close Private Banking Office in Bahrai
Societe Generale opened the wealth management office in Bahrain in November 2009 as part of its expansion in the region.
02/02/2012
City of London Wealth Management Awards - Voting starts
A total of 37 firms met the criteria for the company shortlist, verified by an independent panel of judges.
02/01/2012
Euroclear reports strong 2011 operating performance
As trading volumes varied by country and asset class in 2011, operating performance fluctuated among the Euroclear entities, with some experiencing year-over-year gains in some measures while declining in others.
02/01/2012
Mariner Wealth buys Tulsa-based wealth management firm
Shoulders, Adams Hall’s CEO, had recently acquired the ownership interests of F&M Bank & Trust Co. in Tulsa, said Martin Bicknell, CEO of Mariner Wealth. F&M Bank had owned more than half of Adams Hall.