08/05/2015
The British bank Standard Chartered said on Wednesday that its profit declined 37 percent in the first half of the year, as the lender reshapes its business under the leadership of William T. Winters, its new chief executive.
07/29/2015
Discretionary Funds under Management were £25.6bn on 30 June 2015, a reduction of £0.6bn over the quarter, with the negative market performance offsetting net inflows.
07/29/2015
McFarlane said he would focus on three areas: delivering on strategy, giving more back to shareholders, and improving growth in earnings and capital.
07/28/2015
Meanwhile, its parent wealth manager Rathbone Brothers has seen 'subdued' organic growth in the first half of 2015, despite its assets under management gaining a boost from strategic acquisitions made last year.
07/28/2015
Assets under management, primarily denominated in foreign currencies, were down slightly -1.8% on June 2014, coming in at CHF 93.1 billion.
07/24/2015
Wealth manager Brooks Macdonald Group PLC on Friday said trading in the financial year to the end of June was in line with its expectations, despite some "unhelpful" market disruptions in the fourth quarter.
07/23/2015
Revenue from the bank's investment management and trust services continued to lead all other wealth management lines, generating $51 million, an 8.5% year-over-year increase.
07/23/2015
Overall, our wealth management activities produced an improved performance and generated a good return on regulatory capital as a few initiatives are bearing fruit, particularly in Asia Pacific and in Switzerland.