03/11/2015
He might also cut the number of staff in the investment bank by 2,900 to about 16,500 to save costs, JPMorgan analyst Kian Abouhossein said in note to clients on Wednesday.
03/11/2015
This accolade demonstrates that Barclays' capabilities are recognised by the financial ecosystem
03/11/2015
The move would mark the latest step in the reform of the Vatican Bank — known as the Institute for Religious Works
03/10/2015
UBS financial adviser with $500M practice takes team to Merrill Lynch
Debbs and his team have more than $500 million in client assets under management and specialize in serving corporate executives and ultra-wealthy individuals.
03/10/2015
“Ugly side” of Asian banking revealed as firms hire, fire then keep clients
Private banks in Asia are quick to bemoan the shortage of quality relationship managers in the region and they are now becoming increasingly quick to fire new recruits who don’t perform in their first year.
03/10/2015
US Broker Swoops For Charles Stanley Division
One of the London Stock Exchange 's oldest companies is close to offloading its securities arm
03/10/2015
RBC’s David McKay Gets $5.94 Million for First Year as CEO
McKay’s pension value was C$5.23 million for 2014, due to a one-time compensation change when he became president and CEO, the Toronto-based bank said.
03/09/2015
Is Art an Asset Class?
Art is one of the great ways to understand humanity
03/09/2015
Wealth Management Madness 2015: Round 1
The closest contest came in the Establishment region, where last year’s champion, the CEO of UBS Group Americas Bob McCann, barely squeaked by Merrill Lynch Wealth Management top dog John Thiel; McCann won by just nine votes and now has to face Well
03/09/2015
Here’s where the world’s ultra-rich are moving
The world’s ultra-rich are on the move
03/09/2015
Walker Crips acquires London based investment and wealth manager
The Acquisition has received approval from the Financial Conduct Authority.
03/09/2015
Swiss Wealth unit shuts down as volumes sink
The number of Swiss private banks fell to 139 at the end of 2013 from 182 in 2005.
03/09/2015
The spat illustrates a thorny issue for Swiss banks. They are eager to shed undeclared American accounts, but Switzerland’s bank secrecy laws mean they can’t easily open up their records to US authorities.
03/09/2015
He has previously been senior investment strategist at Julius Baer Investment Management and chief investment strategist for JP Morgan's Global Private Bank.
03/08/2015
Fisher Investments UK is Recognized as Wealth Manager of the Year
The award is part of the organizations inaugural International Financial Awards, announced March 5, 2015
03/08/2015
Pricing pressures, low interest rates and additional regulation have combined to prompt consolidation in the wealth management industry as companies rush to exploit potential cost savings.
03/06/2015
Envestnet Institute Launches Online Courses to Prepare College Seniors for Wealth Management Careers
03/06/2015
Tim Cobb, a Zurich-based spokesman for UBS, declined to comment.
03/05/2015
Falcon Private Bank eyes acquisitions as industry consolidates
The last major acquisition by Falcon, which manages around 16 billion francs of assets, was the October 2012 deal for a London-based unit of boutique Clariden Leu from Credit Suisse, including some 2 billion francs in assets.
03/05/2015
Want to Build Lasting Client Relationships? Be a 'Sticky Hub'
Sticky is bad when it’s on the bottom of your shoe, but priceless when it comes to building lasting relationships.