02/22/2012
Coutts in Manchester goes to new heights for local charities
The money raised will be split between four charities.
Wealth and Asset Management
02/22/2012
Asset International to Launch Philanthropy Management in March 2012
Focused on the financial, operational and strategic services that support sustainable giving - the 'how' of modern philanthropy
02/22/2012
UBS launches Israel wealth management unit
The reason we didn’t acquire a company is that there is no company or investment house in the market that suited the concept that we want to bring to Israel.
02/22/2012
Record year for St James's Place
“Whilst the road to recovery for the UK economy is likely to remain challenging, the need for trusted financial advice is greater than ever. Given the market opportunity available to us, together with the continuing growth and development of the Par
02/22/2012
Barclays Wealth expands advisory service to Monaco
Barclays Wealth today announces that it has extended its Wealth Advisory reach and is now able to offer services directly to clients in Monaco.
02/22/2012
Threadneedle systems catch £95m 'rogue trader'
Success contrasts with UBS and Societe Generale where dodgy trades initially went unnoticed
02/22/2012
Lord Rothschild and Prince Charles launch alternative energy venture
The group has committed more than £65 million to Tamar Energy, which launched today.
02/22/2012
Bank of America Merrill Lynch Wealth Management Boosts Recruiting Deal For Top Brokers
Bank of America Merrill Lynch Wealth Management unit has tweaked its recruiting deal to attract financial advisers from competitors, offering bigger upfront cash payments as well as an extra client-asset incentive to a larger pool of top-tier brokers, acc
02/22/2012
Barclays publishes FSA Complaints Data
In the Banking category there has been a 31 per cent reduction in complaint volumes for the full year 2011 compared to 2010.
02/22/2012
Baroness joins UK wealth managers board
She was previously editor-in-chief at the Wall Street Journal, Europe.
02/21/2012
Trust boards are still failing too often on discount controls say investors
Despite this, 36% of respondents believed there would be a marginal or no impact on the demand for investment trusts as a result of the RDR. Only 11% thought the impact would be ‘considerable’.
02/21/2012
UBS facing real estate headache in Hong Kong
UBS has limited options, people involved in the real estate market said, and is set for some tough negotiations with its landlord, MTR, which runs Hong Kong’s subway and owns the main space UBS occupies.
02/21/2012
Rathbones sees full year 2011 profits jump 30 percent
Pre-tax profits at Rathbone Brothers increased 30pc last year to £39.2m as the wealth manager said it was "cautiously optimistic" for 2012.
02/21/2012
Finnish investment bank focuses on wealth
"Evli Bank as a group has been recently refocusing more toward wealth management, and this is also bringing changes to the Baltic opera-tion," says Jolanta Latviene, the new CEO and board chairman of Evli Securities, Evli's Tallinn-based Ba
02/21/2012
Entrust Private Wealth Management ramps up its wealth management business
Entrust manages about $500 million of client funds under a discretionary trust model.
02/21/2012
Kleinwort Benson wins admin business for high profile €200 million Russian fund
Kleinwort Benson has been appointed administrator for a landmark €200 million fund that aims to invest in clean energy technology projects in a bid to boost Russia’s economy.
02/21/2012
Wealth tax to span watches, paintings...
Deposits in foreign banks, paintings, sculptures and expensive watches may come under the wealth tax net as part of the government's drive to unearth black money.
02/21/2012
Wealth-X Holds Commemorative Event to Mark Launch of London Office
Global Intelligence Firm Opens Second Office in Europe as Members Seek Ways to Win More Super Wealthy Clients
02/21/2012
Family offices set to boom in Asia says landmark UBS and Campden study
The new study finds that the rapid growth of the number of ultra-high net worth individuals in Asia – with for example, China having the second highest concentration of billionaires in the world— coupled with the upcoming intergenerational tra
02/20/2012
IFA acquisition brings Web £20m in funds
The acquisition of another Surrey-based firm adds two more IFAs to Web’s personnel, corporate specialist Stuart Smillie and private client expert James Child.