03/06/2013
Expectations low for UBS bankers awaiting bonus awards
Staff in UBS's investment bank waiting to be told by their boss what they have earned expect to be particularly hard hit.
Wealth and Asset Management
03/06/2013
Private banking arm drags down Schroders profits for 2012
Financial markets and investor sentiment fluctuated sharply in the first half of 2012, with early gains in equity markets given back in the second quarter as concerns grew over the Eurozone and faltering economic growth.
03/06/2013
Barclays Wealth to open city office
The new office – which will be based at St Paul’s Place, in Norfolk Street, Sheffield
03/06/2013
Great Wealth Brings Great Responsibility - RESEARCH
While some people view charitable giving as a nice thing to do, the overwhelming majority of ultra-wealthy individuals see charitable giving as a necessity, according to a poll released today by SEI.
03/05/2013
DST Hosts Webinar to Address Top Wealth Management Reporting Challenges
Explore and suggest how to align a growth strategy with operational processes
03/05/2013
London & Capital signs platform partnership agreement with AVIVA
The deal will see London & Capital’s suite of ten actively managed and risk-graded growth portfolios, and three income portfolios, made available to advisers using the Aviva platform.
03/05/2013
Bankinter, Apollo in joint-bid for Generali's Swiss private bank
Brazilian bank Safra and Chinese rival ICBC are also bidding for BSI, two of the people said.
03/05/2013
Spectrem Group launches “Find an Advisor” on Millionaire Corner website
Search for a financial advisor by such factors as geography, specialty, professional designation, and the types of financial planning or investment services they offer.
03/05/2013
World’s wealthy set to grow by 50% in the next decade - RESEARCH
London and New York remain the top destinations for the world’s ultra-high net worth individuals to live and invest in but Asian cities are fast catching up, says Knight Frank’s seventh annual Wealth Report.
03/05/2013
Julius Baer to step up Asia presence
On a net basis we will more than double our staff in Asia between now and 2015
03/05/2013
Wealth management buoys Canada banks in quarter, outlook bright
Assets under management rose across the board for the six big banks that have reported first-quarter earnings - Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Can
03/05/2013
EU hints at curbs on bank salaries after Osborne defeat
I can’t support the proposal currently on the table
03/05/2013
Wealth manager unveils plans to buy 20 IFAs
"We believe that the fact that these acquisitions will be internally funded provides us with a far more robust and secure framework.
03/04/2013
Barclays Sees Middle East Fee Rebound as Region Escapes Cuts
About 1,800 positions will go this year at the firm’s investment bank and 1,900 in its loss-making European consumer and business banking unit.
03/04/2013
George Osborne takes on EU to battle for bankers' bonuses
UK will find it hard to block EU decision to cap City bonuses
03/04/2013
GAM Holding Swings to Profit as Customers Add Net New Money
Net income was 86.7 million Swiss francs ($92 million), compared with a loss of 95 million francs a year earlier, the Zurich-based company said today in its annual report.
03/04/2013
Standard Chartered posts tenth year of record profits
Standard Chartered has announced a tenth consecutive year of income, profit and dividend growth.
03/04/2013
Moneygate signs partnership with HNW specialist
The partnership will see the firms grow a new corporate offering.
03/04/2013
ANZ Seeks To Expand Wealth Management Business
Other analysts are a little less optimistic saying only time will tell whether the lender is successful at improving its wealth management business, though the bigger lenders tend to benefit from the perception they are safe to invest with.
03/03/2013
Swiss Go to Polls on ‘Fat Cat’ Pay as Approval Probable
Governments across Europe are considering limits to manager compensation after using taxpayer money to aid banks and corporations during the financial crisis.