05/09/2012

Give to charity at a cash machine

People will be able to make charitable donations at the same time as withdrawing money from thousands of cash machines across the UK from this summer.

05/08/2012

The changing face of Indian HNI

This is also corroborated by Swiss private banking group Julius Baer who projects India’s HNI population to more than double to 4,03,000 by 2015. It is clear that there will be several “wealth management teams” that will salivate at this

05/08/2012

EverBank unveils wealth company

The institutional-level approach also connects individual investors to a wider variety of sophisticated products and investment opportunities.

05/08/2012

Wealth chiefs demand greater FSCS levy transparency

Killik & Co founder Paul Killik estimates the FSCS levy and interim levy will cost the firm roughly £500,000, around the same as last year, and is disappointed by a lack of transparency over how the scheme arrived at the figures.

05/08/2012

French banks BNP, SocGen slash bonuses

BNP Paribas and Societe Generale, France's two biggest listed banks, said on Monday that they were slashing their annual bonus pool for traders and top bankers after the sector was slammed by funding and capital concerns last year.

05/08/2012

Williams de Broë CEO steps down

He had served at Williams de Broe since 2010 and had overseen the acquisition of the wealth management business' parent Evolution Group by Investec last year.

05/07/2012

AMP 'on track' to meet Axa deadline

AMP is on track to meet its deadline to integrate the giant wealth management business with Axa Asia Pacific (APH) by early next year after a protracted three-year takeover saga.

05/07/2012

AXA : pursues commitment to cultural philanthropy

On the 3rd of May, French Minister for Culture and Communication Frédéric Mitterrand announced the acquisition by the French State, for the Louvre Museum, of the Pietà with Saint John and Two Angels attributed to Jean Malouel, thanks

05/07/2012

German wealth managers to ‘outgrow the Swiss’

German listed wealth managers have better growth prospects in their home market than equivalent companies in Switzerland, long considered the heart of Europe’s private banking industry, new research shows.

05/07/2012

Passage to India's riches runs far from smooth

Schroders’ decision to buy a stake in an Indian fund management company at the end of last month underlines the asset management industry’s interest in a potentially large but challenging market.

05/04/2012

Rich Malaysians grow wealth aggressively

A study covering nine Asian markets described rich Malaysians as ambitious and aggressive in growing their wealth, with 75% aiming to be worth about US$4mil (RM12mil) within the next 10 years.