Managers of Wealth

Is Barclays sticking two fingers up at the Chancellor?

Barclays tried its luck with some unification

HSBC Pays More For Asia / Latin American Staff

HSBC has revealed that it is coming under increasing pressure on the reward front as it undertakes more of its business in fast-growing economies like Brazil, China and India.

Romania's BCR's private banking assets rise

The country's largest bank by assets added that its private banking business rose 29%

Jersey-based wealth management firm enters liquidation

It is not yet clear what forced the company in to liquidation although the “notice to creditors” said the company was put into liquidation on 22 February following a request from the directors.

HSBC CEO Gulliver In Line For GBP3 Million Bonus - Report

The paper said the bank is also expected to say that it will focus on growing economies such as China and maintain its market share in lower-growth Western economies such as Britain.

Chief plays role as ideas exchange for 16 boutiques

It can be difficult, however, to manage a multitude of brands and egos smoothly enough to justify the complications.

HNW Investors Dip Into Unprotected Structures

Incapital, a fixed income securities distributor in Boca Raton, Fla., today closed and distributed its first callable yield structure without principal protection or the Federal Deposit Insurance Corp. insurance that comes through the use of a certificate

Expats Lobby For Tax on Residence, Not Worldwide Income

In fact, dual citizens of the U.S. and Canada seem positively outraged. See Oh Canada! Hating FBARs And FATCA.

HSBC Profit Surges 28%

The year-over-year improvement was primarily led by strong performance by the Commercial Banking and Retail Banking and Wealth Management segments

JP Morgan targets 'national champion' discretionaries

The group now plans to ‘double or triple’ UK staff within a few years, says head of EMEA at the private bank Pablo Garnica

Clegg is trying to con the country into a wealth tax

'Soak the rich' has long been the battle cry of the Left. The surprise is that under a Conservative-led coalition government, the idea is again gaining ground.

Growing expat exodus to Qatar

High growth, tax-free pay and plenty of perks are luring expats to Qatar – soon to be the jewel in the Gulf crown, according to the wealth management sector

What to make of Greece’s rescue package

Short term risk reduction, but no long term solution

RBS Sells Affluent Client Business To European Banking Group

Royal Bank of Scotland is selling a large wealth management business to Banco Santander SA (STD) alongside its long-postponed sale of 318 branches to the Spanish bank.

Fairbairn Private Bank recognised as one of the best small companies to work for

For the eighth consecutive year, Fairbairn Private Bank has been listed as one of the best small companies to work for and ranked impressively at number 65 in the Sunday Times 100 Best Small Companies to Work For 2012, published this month.

Coutts Unveils Eggstraordinary Charity Effort

A giant sparkling egg has landed outside Coutts on the Strand, as part of the Fabergé ‘Big Egg Hunt’ in aid of two charities, Action for Children and Elephant Family.

The Baring name marks 250 years of business

Marino Valensise, CIO of the firm since 1999, says he is proud of the name’s history, but the brand association does not weigh upon him.

Bonus cuts hide bigger problem for investment banks

From reducing bonus pools, to capping the amount of cash paid out and clawing back past incentive awards, investment banks are taking what many analysts say is a long overdue look at how the sector’s high pay levels are impeding profit growth.

Banking on Buddhist Economics: how enduring values underpin a 300-year-old family bank

In 2008 we were Private Bank of the Year in the CitiWealth Magic Circle and Spears Private Bank of the Year. What is going on?

Shipwrecked silver begins voyage back to Spain

Two Spanish military C-130 cargo planes took off after noon from a Florida Air Force base with 594,000 silver coins and other artifacts aboard.

Wealth and Asset Management