04/23/2015
New SSga CEO Ron O’Hanley Says Asset Allocation Is the New Active
Ronald O’Hanley aims to boost State Street Global Advisors’ allocation capabilities and raise the profile of the firm’s active
Wealth and Asset Management
04/23/2015
Merrill chief says it’s time to work for clients
Under a fiduciary rule, all that goes away.
04/23/2015
Berenberg invests in growth but profits down 39% year on year
Despite the decline in profits the bank said the first quarter of 2015 was the bank’s “best quarter ever”
04/23/2015
Speakers added to line up for Guernsey Funds Forum 2015
The annual event is this year titled 'Achieving stability in a world of change' and takes place on Thursday 14 May in London. It is once again expected to attract more than 350 delegates.
04/23/2015
Royal Bank of Canada Expands Paris Investment Bank Business
Royal Bank of Canada is expanding corporate and investment banking operations in Paris
04/23/2015
For HSBC globally, God is in London and so are his 19 chief archangels
Mr Gulliver says the bank cannot go back to those days because it would lose the custom of big companies and become much smaller
04/23/2015
CIBC Still Hunting for U.S. Wealth-Management Deals, CEO Says
CEO says bank eager to boost share price to bolster ability to do deals
04/22/2015
Moving HQ to S’pore makes sense for StanChart: Key shareholder
Standard Chartered bank has a strong business case to move its headquarters from London to Singapore and save millions of dollars in taxes as, unlike rival HSBC
04/22/2015
The annual chorus of recrimination over executive pay is rising to a crescendo
Fat cat fund managers rake in rewards as savers plough more money into pension pots and investment fund
04/22/2015
Raymond James Says Rebate Checks in the Mail
After Raymond James agreed to pay back clients who were wrongly sold more expensive classes of mutual funds, the firm made good on its promise, sending out checks to clients this week.
04/22/2015
LGT Venture Philanthropy invests in Vietnam
LGT VP is an impact investor that supports organisations with outstanding social and environmental impact
04/22/2015
Scramble to manage SA rich
MANAGING the wealth of rich South Africans is becoming increasingly competitive as nonbankers muscle in on the lucrative market.
04/22/2015
Reds renew Standard Chartered deal
Liverpool Football Club is a fantastic club and hugely popular across our global footprint.
04/22/2015
Is Swiss Private wealth institution on the verge of total absorption?
The historic Swiss bank traces its roots back to 1881 when it was a brokerage firm in Geneva
04/22/2015
Nedbank Private Wealth wins Best UK Private Bank award
Nedbank Private Wealth has announced that it has won Best UK Private Bank at the prestigious City of London Wealth Management Awards 2015.
04/22/2015
Safra Bank Acquires Additional Acquisitions
Safra Sarasin has set aside funds to deal with a United States Justice Department disclosure program for Swiss banks
04/22/2015
Luxembourg unshaken after tax regime overhaul
“For the time being we have witnessed stability in private banking which is very reassuring,” Mr Gramegna said.
04/22/2015
Rockefeller & Co. Wins Responsible Investing Category At Family Wealth Report Awards 2015
The awards showcase providers in the global private banking, wealth management, and trusted advisor communities
04/21/2015
HSBC chief says bank must be managed better, not smaller
HSBC chief executive Stuart Gulliver insisted on Monday that the global banking giant is not too big to manage
04/21/2015
Investec launches private office for HNWIs
Investec W&I divisional director private office Andrew Butler-Cassar, says: “Private Office addresses a clear market need for an integrated service targeting successful entrepreneurs and business owners, the sports and media sectors and those sp