09/24/2013
Although underwriting activity was soft in August, M&A posted strong results for the month. Fixed Income trading profits continued at a reasonable pace but commission volume remains challenged.
09/23/2013
Leading Swiss private bank to exit wealth management for some countries
In other markets including Denmark and Israel, the bank will shut out less wealthy clients and focus on those with balances over 1 million francs, the paper said.
09/23/2013
The CSER surveyed 5,344 urban families in 18 Chinese provinces. The results suggest the top 10% of households earn nearly 21 times more than the poorest 10%.
09/23/2013
Also, the group delivered profit attributable to shareholders of 119.4 million pounds this year, up 20%, compared with 99.7 million pounds in the 2012 period.
09/23/2013
The bank is hoping the proposition will go live in 18 to 24 months and it is set to pull together services across its business, ranging from investment, trading and banking.
09/23/2013
The PWMA will provide a forum to discuss trends and challenges faced by the wealth management industry
09/23/2013
Asia's wealthiest investors turned to fixed income when equities disappointed
09/22/2013
Wealthy Asians snub bank capital bonds
Tougher lending policies are threatening to drive Asia's private-banking clients away from bank capital and towards corporate hybrids.
09/22/2013
Private Banker International the leading journal for the global wealth management industry has announced the finalists for the 2013 Private Banker International Global Wealth Awards, held in conjunction with the 23rd Global Wealth Summit
09/22/2013
Private bankers may be targeting Asia's rising wealthy class, but a shortage of wealth managers has hobbled the industry's growth, spurring companies to poach employees.
09/22/2013
Aberdeen Asset Management said clients pulled 1.2 billion pounds from its funds in the two months to the end of August
09/22/2013
Barclays’ wealth announces new CEO
He will report to CEO Antony Jenkins and takes on the mantle from former chief Tom Kalaris, who decided to retire earlier this year.
09/22/2013
These additions will bolster Bel Air’s existing capabilities and position the firm to meet the growing fixed income needs from its client base across North America.
09/22/2013
Charles Stanley currently has 30 regional offices across the UK and is set to open an office in Leicester at the end of the month after it poached 19 members of staff from rival Brewin Dolphin’s office in the city.
09/22/2013
US private bank buys stake in NKSF
The financial terms were not disclosed
09/21/2013
The Net Worth Commerce TV show is a viewer favorite among the financial and business sectors
09/19/2013
The development of smart beta passive solutions and products is very much a natural evolution of the passive asset management business
09/19/2013
Scotiabank will host a Global Wealth Management Investor Day in Toronto on September 25, 2013, from 8 a.m. to 12 p.m.
09/18/2013
Five leading industry figures and 15 firms were honoured at the STEP Private Client Awards 2013/14, which were announced last night in a glittering Awards ceremony at the London Hilton on Park Lane
09/18/2013
Integrated Wealth Management will be honored by the Desert Communities Chapter of the Association of Fundraising Professionals as the 2013 Outstanding Philanthropic Corporation.