LGT more than doubles profits

In a challenging market environment, the international private banking and asset management company LGT Group increased group profit for the first six months of 2012 by a substantial 58% to CHF 130 million as against the same period of the previous year.


Liquidity fears haunt investment trusts

Investment trusts hope to see increased popularity once a ban on adviser commission comes into force next year, but perceptions of liquidity problems still plague the sector, say analysts.


Opportunities abound for wealth managers in Asia

With the rising level of entrepreneurial wealth in Asia, it may be timely for these investors to note some of the recommendations and ask additional questions to the private banker of their choice.


Former Credit Suiss Banker Sells Exclusive Wines Online

But as Kevin Sidders, a former investment banker at Credit Suisse (CS) and Blue Beacon Capital, starts talking about his new business, VinConnect Inc., over our ceviche lunch in New York, I become seriously intrigued.


Charnock to front newly-created Standard Life adviser unit

In the UK the restructure will see the creation of an advisers and investments business unit made up of Standard’s existing retail adviser, proposition, wealth and investment solutions businesses, reporting into Richard Charnock.


Gold will extend a bull run - Coutts

Billionaire investors George Soros and John Paulson increased their stakes in the SPDR Gold Trust, the biggest gold-backed exchange-traded product, in the second quarter.


Data protection watchdog supports bank staff

Switzerland’s data protection commissioner has waded into the United States tax evasion row by demanding that banks stop handing over information to the US authorities that reveal the identity of staff.


Emirates NBD wins Asia's Best Brand award

'Asia's Best Brand,' award is conferred on manufacturers and companies of outstanding consumer products and focuses on the company brands and trademarks.


Deutsche Bank turns screw on bonuses‎

Pay consultants expect the use of clawbacks to rise sharply this year following a string of recent banking scandals, including the manipulation of Libor and anti-money laundering failures.