10/15/2013
Wealth managers in the UK are missing out on the opportunity to manage more than £2 trillion, as they focus only on the very richest and ignore the individually less rich – who actually control more than half of the nation’s liquid wealt
10/15/2013
Wealth management firm Northern Trust said Wednesday that its third-quarter net income climbed 16 percent as it made more money from fees and benefited from a gain on an office building sale.
10/15/2013
Bank of America’s global wealth & investment management unit on Wednesday reported record-setting quarter in assets under management and fees earned, even as advisor headcount and productivity dipped.
10/15/2013
Standard Chartered Plc Asian private-bank asset growth has stagnated this year as the lender focused on wealthier clients and investment returns were curtailed by volatility in regional financial markets.
10/15/2013
Geneva's big banks are enjoying a much better year than they did in 2012 but the general improvement hides continued problems and some banks are expecting a worse 2014
10/15/2013
The board plans to appoint a new non-executive chairman in due course.
10/15/2013
BNP Paribas is delighted to announce the winners of the 2013 Individual Philanthropy Awards
10/15/2013
Full-year net income will advance by as much as 14 percent, according to seven out of 10 of banks with at least 200 employees
10/15/2013
As a result of the crisis, many asset managers have already trimmed the fat, so the costs of implementing regulations are not expected to come from leaner business models.
10/14/2013
Advisor Perspectives welcomes guest contributions.
10/14/2013
Hargreaves Lansdown achieved record assets under administration (AuA) in the first quarter of fiscal year 2014.
10/14/2013
UBS clinches back top spot from Citi Private Bank
Total AUM in Asia Pacific has increased by 16% to a record USD1,173bn in 2012, with bumper asset gains by the top three banks in the region.
10/14/2013
The Chinese banking regulator has proposed a scheme whereby banks will offer 'asset management plans' instead of wealth management products, which have sparked concerns.
10/14/2013
Credit Suisse to Sell German Wealth Management Business
German presence and plans to sell its Germany-based asset management business
10/14/2013
Revenues of $17.9 Billion; $18.2 Billion Excluding CVA/DVA
10/14/2013
Most wealth managers face the relationship problem, that is to say if a manager leaves it is quite possible they will take their clients with them.
10/14/2013
Leading this initiative will be two well respected financial services professionals: Jeffrey B. Lane and Frank Campanale.
10/14/2013
The settlement was subject to a 'confidential' agreement.
10/14/2013
The PBI awards are regarded as the most credible in the industry, voted by the industry, for the industry.
10/14/2013
Bestinvest is turning its attention overseas to broaden its range and the wealth manager’s biggest deal to date saw it recently link up with Infinity