07/06/2015
Citi analyst Craig Williams noted that the banks' wealth arms, largely acquired in the early 2000s, had not become "the fast growing, low capital intensive earnings stream" the lenders had expected.
07/06/2015
After the rebranding there will be no changes to F&C’s investment trust business or the F&C savings plans and fund names will not be changed either
07/05/2015
Set up in Singapore with several large Indian diamond firms as members, Jim Rogers is one of the angle investors
07/05/2015
Christo Wiese is third on South Africa’s rich list, with an estimated worth of £4.2bn, and is buying up assets in the UK
07/05/2015
New Credit Suisse AG Chief Executive Tidjane Thiam has told a Swiss newspaper he wants quick action to implement results of strategic review he is conducting at the Swiss bank.
07/05/2015
Liechtenstein-based Bank completes share buyback
The bank bought back 300,750 bearer shares and 114,080 registered shares under the scheme announced on June 18.
07/03/2015
What is the point of doing your job if you are not going to make the world a better place?
07/03/2015
Staff in South Africa will remain in their offices in Cape Town, whilst in Guernsey the combined business will operate from Dorey Court in St Peter Port
07/03/2015
J.O. Hambro Capital Management's Clive Beagles has opened new positions in wealth managers and increased exposure to certain banks in his £2.9bn UK Equity Income fund.
07/03/2015
Brown Shipley AUM edges closer to £5bn with IFA acquisition
The acquisition was finalised on 1st July 2015 following approval from the Financial Conduct Authority
07/03/2015
The firm manages close to $500 million
07/03/2015
Bellpenny has announced Nigel Stockton is to replace Kevin Ronaldson as CEO as he is shifting to the role of founder director.
07/03/2015
Andrew Cohen, head of the Asian private bank, finds the region’s wealthy are more open to taking advice.
07/03/2015
DBS Private Bank, which snapped up Société Générale's Asia private banking business for $220 million last year, is still on the look-out for acquisitions as it seeks to burnish its regional ambitions.
07/03/2015
A JPMorgan banker explains how he survived a vicious shark attack in North Carolina last Friday
07/02/2015
"I can tell you that we will decisively identify problems, apply fixes and hold accountable those who misbehave
07/02/2015
Rothschild Group, the well-known family controlled banking firm based in London, has joined forces with CID Group, a private equity firm from Taiwan, to invest $50 million in Chinese online retailer
07/02/2015
This is providing an opportunity for companies such as Brooks Macdonald, St James’s Place and Rathbone Brothers to step in
07/02/2015
The manager has switched the operational and administrative costs for a portion of its Luxembourg Sicav with $9 billion of assets under management (AUM) from a fixed cost, to a capped, variable cost.
07/02/2015
Coutts has said Ewart is currently absent from the business and that it is not in a position to comment any further.