12/11/2013
TD Surpasses RBC as Canada’s Largest Bank on U.S. Expansion
Toronto-Dominion Bank surpassed Royal Bank of Canada as the country’s largest lender by assets for the first time after a decade-long expansion in U.S. consumer lending.
Wealth and Asset Management
12/10/2013
Merrill Lynch Study Debunks Myth of Gender-based Differences in Investing Behavior
Myths about the innate differences between men and women when it comes to investing behavior and performance are debunked in a new research report published today by the Merrill Lynch Wealth Management Institute.
12/10/2013
European Family Offices Continue to Make Inroads to Economic Recovery
European family offices are experiencing a resurgence in confidence as the global financial system stabilizes, though single and multi-family offices are finding it difficult to look beyond short-term investment horizons, according to the 6th annual Europ
12/10/2013
Pershing Identifies Six Transformations Elite Broker-Dealers Use to Outperform Peers
Commitment to advisory services, sound recruitment strategies and organic growth are among keys to success in post-crisis world
12/10/2013
Lloyds Banking Group in new sell-off of management company
LLOYDS Banking Group last night put up for sale its remaining stake in wealth management company St James’s Place
12/10/2013
Private banker launches wealth management firm
In a career spanning more than 20 years, he has also had spells at Citi Private Bank, Barclays Private Bank, Coutts and Merrill Lynch.
12/10/2013
Wealth manager opens first Wales office
The office is set to open the new Swansea office in early 2014.
12/10/2013
Gulliver Puts HSBC Stake In Bank Of Shanghai On The Block
Several major U.S. and European banks including Bank of America and Switzerland's UBS have started shedding their Chinese holdings for a variety of regulatory and business reasons.
12/09/2013
Julius Baer Acquires Merrill Wealth Units in UAE, Bahrain
The employees, client relationships and the majority of the assets of the Middle Eastern businesses transferred in the first days of December 2013.
12/09/2013
Percentage of Total Wealth Held By Middle Eastern Billionaires Is Highest In The World
Middle East's 157 Billionaires Dominate Region's UHNW Wealth
12/09/2013
London wealth manager opens Kent firm with ethical investment focus
He will advise affluent clients on their finances and investment portfolios, as well as covering accounting, tax and estate planning.
12/09/2013
Bank of Montreal Private Banking Firms Honoured by Global Brands Magazine in Multiple Geographies
The Global Brands Awards are given to identify, acknowledge and reward key players that provide exceptional service and performance across different countries and sectors, including finance, education and technology.
12/09/2013
J.P. Morgan AM to bring suite of bond funds to UK market
The firm is planning to leverage its Luxembourg-domiciled SICAV business either by launching OEIC versions in the UK, or by selling directly to advisers via platforms.
12/09/2013
Bellpenny buys Glasgow-based IFA MGW
MGW is the second Glasgow-based IFA business purchased by Bellpenny, following its acquisition of K M Financial Advisers in August.
12/09/2013
UBS Wealth Management Americas Introduces the UBS Equity Award Value Index TM
UBS has invested nearly $200 million to bring clients cutting-edge technology and industry expertise
12/09/2013
Coming Soon: “Reality” Hedge Fund TV
The show will feature three “lions” or heads of the current hedge fund industry
12/08/2013
Middle East's 157 Billionaires Dominate Region's UHNW Wealth
The Middle East's billionaires – with a combined net worth of US$354 billion – hold a higher percentage of total wealth than in any other region in the world, findings from the Wealth-X and UBS Billionaire Census 2013 show.
12/07/2013
Bob Diamond 'to make banking comeback'
The pair hope to raise $250m from investors, which will be used to buy a stake in an African bank.
12/05/2013
Ex-Barclays team launches Glasgow boutique with SC Davies
The new venture offers direct UK equity and multi-asset mandates to private clients and charities.
12/05/2013
Wealth firm opens up fund range to external investors
Plurimi has opened its asset management business to external investors.