05/23/2014
Cashflow ‘biggest threat to survival’- Close Brothers Business Barometer
It’s clear that access to working capital and maintaining a reliable cashflow are a concern for a large number of SMEs
05/23/2014
US bank in talks with the Chinese wealth management company to sell JV
The deal is expected to be finalised very soon
05/23/2014
There was a good result in Banking with the loan book now £5.1bn, up 10% year to date.
05/23/2014
Buying a home in London’s most affluent areas is becoming unattainable for anyone without a billionaire’s bank balance
Home prices in the capital’s most desirable areas have jumped more than 60 percent since 2009
05/23/2014
Elevate also halved prices for assets over £5 million, from 0.22% to 0.10%
05/23/2014
Buying a home in London’s most affluent areas is becoming unattainable for anyone without a billionaire’s bank balance.
05/23/2014
Activity in the property market is falling off
05/23/2014
If Swiss banks were to cast off their usual discretion and make a marketing pitch these days, it might start off something like this:
05/23/2014
Brown Shipley incoming head of private banking Hugh Titcomb is keen to avoid this fate.
05/22/2014
As tech millionaires multiply, wealth advisers struggle to connect
It's all part of an attempt to appeal to a new demographic of money
05/22/2014
Investec Wealth & Investment profits surge
Pretax operating profit, before goodwill, acquired intangibles, non-operating items
05/22/2014
Emaar Said to Hire Rothschild, HSBC for Mall Unit Share Sale
The company will seek to raise about $2 billion through the sale planned for September, according to the people.
05/22/2014
Saga float will boost company’s wealth arm
A successful initial public offering by Saga, the company focusing on the over-50s market in the UK, will help to boost the company’s wealth management arm, Michael Hewson has predicted.
05/22/2014
Brown Shipley's new banking head on his growth strategy
‘Acquisitions are certainly something we will consider here and we regard it as part of our growth strategy, but our growth strategy is not based on a requirement to make acquisitions,’ he says.
05/22/2014
Toronto Star RBC Profit Rises 15% on Gains in Wealth Management, Trading
Royal Bank says its wealth management segment had record net income of $278 million, up $56 million
05/22/2014
Two more advisers sign up to join Succession
Succession Advisory Services has acquired two further chartered financial advice firms
05/22/2014
The world’s largest asset manager is calling on regulators to set best practices for the way funds are structured globally and to review investor redemption rules in different markets.
05/22/2014
It’s the first time in 110 years that the property is being sold as a single asset
05/21/2014
Any taxation discussions are marked by delusional debates
05/21/2014
As the number of advisors who rely on legacy managers diminishes, some fund families will have to evolve if they want to stay relevant