07/23/2015
Wealth management group IOOF has let go 33 out of 48 financial planners it acquired in 2012 as part of its purchase of the My Adviser and Plan B businesses, according to trade publication Independent Financial Adviser.
07/23/2015
The BNP Paribas unit is aiming for a September launch
07/23/2015
Some kind of impact investment proposition has become de rigueur for big banks and financial services providers, but a gap has remained between talk and action.
07/23/2015
What are the requirements when a family wants to setup a family office in Jersey?
07/23/2015
A capital issue would be dilutive, and we would expect the bank’s share price to fall initially
07/23/2015
Promoters sitting on huge cash after selling off their businesses are also directly taking charge of their Family Office to make investments
07/22/2015
Private banks have recently struggled to reduce compensation and compliance costs
07/22/2015
Islamic wealth management is going to become be the “new frontier” for the global Islamic finance industry as a growing number of Islamic high-net worth individuals keeps looking for Shariah-compliant types of investment.
07/22/2015
But angry expats who have spent years as loyal customers of the bank say they feel betrayed. Many say they have been told they must have a UK-based account to receive their British state pension.
07/22/2015
Citywire + rated Eleanor Taylor Jolidon, who runs the Swiss equity fund, is the lead manager of the new fund
07/22/2015
Credit Suisse’s new chief executive has sounded out its main investors about plans to expand the Swiss bank’s asset management operations, potentially through an acquisition, according to people familiar with the talks.
07/21/2015
Global investment banks will find it more costly to unlock wealth in Asia as regulatory changes make accessing domestic markets tougher
07/21/2015
Old Mutual International has launched a campaign to promote “under-utilised” trusts among offshore advisers and will launch further support tools “shortly”.
07/21/2015
Success in the sale, led by Credit Suisse Group AG and UBS Group AG, may mark the revival of a market closed to all but the biggest Russian companies since the nation’s incursion into Crimea.
07/21/2015
Largest firm by number of advisers cedes ground with 3% one-year drop; executives point to shedding of lower producers
07/20/2015
Dozens of private banks are still waiting to learn their fate.
07/20/2015
Swiss private banks with less than $5 billion under management will largely disappear due to the soaring cost of regulation, Bordier & Cie said.
07/20/2015
Mr. Angermueller was the bank’s face to Washington for years
07/20/2015
This is a very passionate audience and one with real discretionary spending power.
07/20/2015
Private bank's March purchase of Coutts gives it 'a more normal size' in region: CEO