04/24/2015
HSBC Launches Immediate Review Of UK Base
The bank confirms a Sky News report that it is looking into whether to move its main base out of the country
Wealth and Asset Management
04/24/2015
Signia Wealth calls time on Birmingham office
Signia Wealth has closed its Birmingham branch, following the exit of former office head Martin King
04/24/2015
Financialisation Of The Art World Bad News For Many Artists
"This presents a tremendous opportunity for art financiers and wealth managers to provide a diverse range of art and wealth management services and thrive on the backs of some of the world's most affluent art collectors," she continued.
04/23/2015
US wealth management firm gives itself two year window to decide to go public
The wealth management firm does not disclose its value or specific financial numbers
04/23/2015
RBC’s Bahamas Unit to Face French Tribunal in Tax-Fraud Case
Canadian bank says judge referred division on charge of complicity in tax fraud
04/23/2015
US Banks Post Record Wealth Management Revenue in 2014
Bank holding companies generated $143.2 billion in wealth management income, up 6.5% from $134.6 billion in 2013. It was the most revenue they've ever produced since the data started to be tracked in 2007.
04/23/2015
Brazilian Banks Expand in Miami to Keep Up With Wealthy Clients
Wealthy Brazilians looking to escape recession, corruption scandals and political upheaval have long made Miami their destination of choice.
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
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.