04/27/2012

Russian Bankers Go Head To Head In New York

For decades, much of the Russian elite were focused on London as their A-list investor base. But a newfound belief that the U.S. is the brightest star in the Western Hemisphere has investment banks setting up shop in New York.

04/27/2012

Russian Bankers Go Head To Head In New York

For decades, much of the Russian elite were focused on London as their A-list investor base. But a newfound belief that the U.S. is the brightest star in the Western Hemisphere has investment banks setting up shop in New York.

04/27/2012

AXA Wealth teams up with Brooks Macdonald

AXA Wealth’s platform, Elevate, and discretionary manager Brooks Macdonald Asset Management can now offer advisers risk-profiled portfolios ahead of the Retail Distribution Review (RDR).

04/26/2012

Two US-based fee-only wealth firms to unite ops

The deal, expected to close on June 30, would be one of the biggest mergers in the registered investment advisory sector, which caters to the fee-based, rather than commission-based, side of the wealth management industry.

04/26/2012

JPMorgan exec pay endorsed by advisory firm

The recommendation reduces the chances that shareholders will rebuke bank officials over pay as happened last week in an advisory vote at the annual meeting of Citigroup Inc.

04/26/2012

Lloyds TSB Int’l woos Britain’s wealthy nomads

A central finding of all this research suggests that the current strategy of Lloyds TSB International, to expand its range of products and services targeted at Brits abroad, is practically a no-brainer.

04/26/2012

BPFH reports Q1 results

On a year-over-year basis, GAAP Net Income Attributable to the Company increased from a GAAP net loss of $149 thousand in the first quarter of 2011. Earnings per share increased from a per share loss of $0.01 for the first quarter of 2011.

04/26/2012

BME incurs loss year-on-year

Quarterly results have been conditioned by a lower equity and derivatives volumes context, based on the general economic environment, regulatory limitations on trading, and an average general price correction. Nevertheless, the diversification of the busi

04/25/2012

Williams de Broë eyes Midlands RDR opportunity

Quin said the business was always looking for new partnerships, although he stressed that the adviser quality had to be right, and the firm’s concentration of IFAs was comparatively small.

04/25/2012

Sharp improvement for Credit Suisse ‎

Credit Suisse eked out a small first-quarter profit on Wednesday, confounding analyst forecasts for a big loss due to a 1.5 billion Swiss franc charge on its own debt, as it cut more costs than expected.