02/26/2014
SAC Capital Advisors LP returned almost all investor money as of the end of January and has shrunk its headcount to 850 people from 1,000, as the firm focuses on managing the private wealth of founder Steven Cohen.
02/26/2014
The bank declared a quarterly dividend of one cent per share and, in addition, a special dividend of one cent per share.
02/26/2014
The bank declared a quarterly dividend of one cent per share and, in addition, a special dividend of one cent per share.
02/26/2014
Excluding Switzerland, which experienced a modest outflow in the second half, all other private banking businesses were positive in relation to net new assets.
02/26/2014
Clients redeemed $10.2 billion, or 13 percent of the company’s average assets, in Ashmore’s fiscal first half because of withdrawals in some fixed-income and currency investments, according to the statement.
02/26/2014
Wealth Management net income was $235 million, up $6 million or 3% compared to last year, mainly due to higher average fee-based client assets resulting from capital appreciation and strong net sales.
02/26/2014
The bunker deep in the Swiss Alps an hour’s drive south of Zurich was designed to withstand nuclear blasts and protect soldiers from a foreign invasion that never came. Today, it’s used to guard digital data.
02/26/2014
A new proposal, currently under review by home secretary Theresa May, could revolutionise the UK "investor" visa, creating billions of pounds worth of inward investment for the UK.