03/24/2013
New regulator to keep sights trained on wealth managers
In August last year the FSA said it was continuing to interact with wealth management firms and would commence further thematic work.
Wealth and Asset Management
03/21/2013
With Wealthy Investors, Actions Speak Louder Than Words
How Investors Describe Themselves is Often At Odds with Actual Investments
03/21/2013
Three-quarters of Canadians Put a Premium on Advice When Managing Their Wealth
However, more than half want to have the final say on whether they commit to an investment or not
03/21/2013
Boston Private Bank & Trust Company Announces Leadership Changes
These changes affect staff in senior management and market leadership roles on both the East and West Coasts.
03/21/2013
Pay spotlight turns to Credit Suisse's Dougan
Top management pay remains a hot-button issue in Switzerland nearly five years after UBS was bailed out by the Swiss government.
03/21/2013
Cap on fund manager bonuses moves closer after Euro vote
The committee’s plan will now be put to a vote for the entire European Parliament in April.
03/21/2013
Towry blames rise of the DIY investor on "amateur" advisers
Fisher said the growth of DIY investment is “depressing”
03/21/2013
BofA announces ultra-high-net-worth team leaders
He is responsible for creating investment products and Miller delivers them to financial advisers and clients
03/21/2013
JP Morgan Private Bank rebalancing Asia staff
The firm has doubled regional headcount in the past three years, with the main focus on building its Singapore presence to a level similar to that in Hong Kong.
03/21/2013
Schroders rumoured to be in bid talks with Cazenove Capital
The two firms have confirmed the talks in market statements this morning. Schroders is considering a possible cash offer, with loan note alternative, for Cazenove’s entire share capital, the groups said.
03/20/2013
The Devilish Details of Angel Investing
Angel investing can be fraught with peril—for both the investor and the entrepreneur. But the devil’s in the details. Here’s a guide for mixing business with family and friends.
03/20/2013
Risk Tolerance: Affluent Investors Think Moderate, but Investing More Conservatively
What are the more accurate gauges of an investor's risk tolerance?
03/20/2013
Barclays chief lands £18m windfall
Barclays investment banking chief landed an £18m windfall after the bank handed out mammoth share awards to top bosses.
03/20/2013
Advisers back Wheatley over wealth manager concerns
Wheatley said one of the regulator’s major concerns was the poor customer service provided by some wealth managers
03/20/2013
Profits Rise At UK private bank
Customer deposits grew £74m
03/20/2013
Standard Life Wealth to launch Bristol office
Wealth Manager understands the firm will hire an external team to spearhead growth in the region
03/20/2013
Gone, gone, Gonet! - 167-year old Swiss bank
Perhaps a telling indicator of the pressure boutique banks in the region are facing.
03/20/2013
Raymond James warns its capital markets revenues are weak
The Private Client Group continues to make modest progress and our domestic operations are now all on one platform following our successful conversion of the Morgan Keegan accounts to the Raymond James system in mid-February.
03/19/2013
Why Swiss banks are finally starting to settle their forgotten accounts
Millions of dollars lie unclaimed in Swiss banks, but specialist investigative agencies have begun to reunite customers with their unexpected windfalls
03/19/2013
China Enters a “Golden Period” for Private Banks
Nick Yim, Goldman Sachs’ head of China Market, Private Wealth Management, spoke to The Wall Street Journal about the opportunities and challenges of the Chinese market.