06/28/2012

Heartwood shows £95m uplift in new funds ‎

Wealth management firm Heartwood has boasted another year of strong growth in its core discretionary assets, with an £94.8m of net new funds and funds under management hitting £1.46bn.

06/28/2012

Charities Still Love Wall Street Bankers

The master of ceremonies made a mistake as he named John Thain one of the year’s best dads, introducing him as the chief executive officer of Citigroup.

06/27/2012

JPMorgan Trading Loss May Reach $9 Billion

Losses on JPMorgan Chase’s bungled trade could total as much as $9 billion, far exceeding earlier public estimates, according to people who have been briefed on the situation.

06/27/2012

Pressure on Barclays boss to quit

Shares in the lender arre down 8% as Prime Minister David Cameron said the bank had "some serious questions to answer" and Opposition leader Ed Miliband called for a criminal investigation.

06/26/2012

Private Wealth Fuels Record Singapore-Dollar Bond Sales

Top-rated Singapore’s appeal among private-banking clients has risen as the local currency gained 12 percent since 2009 and Europe’s financial turmoil deepened with Greece’s new government struggling to meet targets for cutting its defic

06/26/2012

How Asia Feels About Money Matters

Those are the findings of a survey commissioned by Fidelity, a global asset management company, which was carried out this spring in ten cities, including Beijing, Shanghai, Mumbai and New Delhi, Hong Kong, Taipei, Singapore, Seoul, Sydney and Tokyo.

06/25/2012

Manulife 'gearing up' U.S. wealth management: CEO

Manulife, Canada's largest insurer, has been focusing on “small-case” 401(k) plans, offered to employers with 500 or fewer workers, Guloien said today in an interview in Toronto.