SocGen CEO ‘Happy’ With Start to 2012

Societe Generale Chief Executive Frederic Oudea predicted a better 2012 after the French bank reported a worse-than-expected 88.6 percent fall in quarterly profit in the last three months of 2011 on Thursday.


Swiss private bank takes in $16 bln of new money

Assets under management at Switzerland's largest unlisted private bank rose to 247 billion Swiss francs ($268 billion), about 1.6 percent higher than a year earlier as new money was partly offset by a negative market performance.


Falling inflation to keep rates low, yield in demand - Coutts

Annual inflation slowed to a 14-month low in January, as last year’s VAT hike dropped out of the annual comparison and weak consumer demand relieved price pressures. This will help keep interest rates low and real rates, adjusted for inflation, neg


HSBC launches Next Generation Fund for HNW's

“HSBC has been researching emerging managers for many years, and we have an established track record of investing in some of the best new managers in the industry. This Fund provides our clients with direct access to a new generation of hedge fund m