09/06/2012

UBS to seek Brazil CEO

The lender, after waiting almost two years, is close to obtaining a banking license in Brazil, the people said.

09/06/2012

Goldman boosts private loans to wealthy

The private bank of Goldman Sachs is quietly beefing up its lending to wealthy individuals with a host of new loan products and credit offerings.

09/06/2012

U.K. Rich Unmoved by Tax Hike as Luxe-Home Sales Surge

The British government’s plan to raise a tax on luxury-home purchases sparked a last-minute dash by real-estate brokers to wrap up deals before the deadline hit in March. They needn’t have bothered.

09/05/2012

Personal Finance Society appoints new president

“With the RDR threshold fast approaching our role of helping members develop and maintain their professional qualifications and standards is more important than ever before and we at the PFS are fortunate to have such experienced and knowledgeable i

09/05/2012

Chartis PCG and Markham Private Clients in exclusive HNW deal

Guy Huntley, UK head of the PCG, commented: “I am delighted with our partnership with MPC, which will bring a range of benefits to both brokers and clients. Read more: http://www.insuranceage.co.uk/insurance-age/news/2203396/chartis-pcg-and-markham

09/04/2012

HSBC shuns niche managers, turns to global

Vineet Vohra, Asia-Pacific head of wealth development, retail banking and wealth management (for clients with up to $5 million with HSBC), says the bank has retrenched in recognition of a need to service clients more effectively and not allow them to be d

09/04/2012

City slams wealth tax

“There is likely to be another exodus of wealthy individuals if Nick Clegg manages to introduce a wealth tax,” said partner Camilla Wallace.

09/04/2012

Commerzbank CEO: pay must realign to industry levels

"It would be appropriate if excessively high pay would narrow again towards that in industry," Blessing said, adding however, that any bank that took the first step to curb pay risked losing talented employees to rivals.