03/21/2013
Towry blames rise of the DIY investor on "amateur" advisers
Fisher said the growth of DIY investment is “depressing”
Wealth and Asset Management
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.
03/19/2013
FSA launches consultation on fund pay
The FSA, along with the Treasury, needs to transpose the EU rules into law by July this year – but there will be a one year implementation period after that.
03/19/2013
Barclays to cap hiring even if GDP recovers
Sustained pressure on costs is expected to mean the bank will look to cut more jobs in the coming years
03/19/2013
Africa: Philanthropy 2.0 - Problem or Solution?
Warren Buffett has pledged to give away the bulk of his fortune to philanthropic causes
03/18/2013
Queen’s Bank Woos Wealthy Chinese
The bank currently employs 500 people in its Singapore and Hong Kong offices providing a range of services to exclusive clients including wealth management.
03/18/2013
netwealth launches national advice group
Each business will retain its own brand and general managers who will report directly to Micallef.
03/18/2013
It's Not Right For Bankers To Be Paid So Much - Credit Suisse CEO
“That’s one of the things that the whole transformation of our business model is getting at,” Dougan said.