05/10/2012

Top 21pc of bankers make up 46pc of Merrill's earnings

Nearly 46 per cent of the revenue received by Merrill Lynch's Global Wealth Management unit last year came from just 21 per cent of its top-producing brokers, about 2,500 people, according to copies of the reports reviewed by Reuters.

05/10/2012

Rathbone Brothers Reports Rise In Q1 Net Operating Incom

The independent provider of personalized investment and wealth management services stated that net operating income in Investment Management increased 11.8 percent year-over-year during the first quarter to 37.9 million pounds from 33.9 million pounds rep

05/10/2012

HSBC In Talks To Sell South American Operations

The U.K.-based bank didn't elaborate on the talks or give financial details in a brief statement to the Hong Kong stock exchange, but said it will make a further announcement "if and when appropriate."

05/10/2012

Noah Holdings reports 10.8% increase in revenue

Noah Holdings Limited, the leading independent service provider focusing on distributing wealth management products to the high net worth population in China, today announced its unaudited financial results for the first quarter of 2012.

05/10/2012

Van Lanschot reports profit improvement in Q1 2012 ‎

Constant Korthout, CFRO of Van Lanschot: "The excellent capital and liquidity position of the bank reflects its undiminished strong foundations. The financial markets remain extremely volatile due in part to the ongoing European debt crisis. Thanks t

05/10/2012

Fidelity launches new products for HNW's

Fidelity Investments Canada ULC today announced the launch of three new investment solutions, spanning fixed income, capital yield and Canadian equity categories.

05/09/2012

Moscow Is The Home For The Super Rich?

What makes this even more astonishing is that there will be even more billionaires living in Russia in the very near future. Last year, there were only 32 billionaires and 62 almost-billionaires.

05/09/2012

Oppenheim expands asset management team

As Dr Wolfgang Leoni, member of Sal. Oppenheim's Executive Board and Chief Investment Officer responsible for the bank's investment strategy, explained, “These two experienced experts represent a logical development of our integrated asset