02/14/2013
Bank Of America Introduces Merrill Edge Roadmap
“Merrill Edge Roadmap looks at their financial goals and provides specific steps that they can act on by working with a Merrill Edge Financial Solutions Advisor.”
Wealth and Asset Management
02/14/2013
Wealthy French eye Belgian tax perks
“We’ve got loads of people coming every day asking us questions about setting up foundations,”
02/14/2013
Spain's Bankia hires Rothschild to sell company stakes
"We have hired Rothschild for certain disposals," a spokesman for Bankia said on Friday.
02/13/2013
First Republic Named Best Private Bank In North America
The bank received the award at a ceremony hosted by Pageant Media, publisher of Private Asset Management, before banking and wealth management professionals in New York.
02/13/2013
Sanctuary Wealth Services Honored By Private Asset Management
Sanctuary was one of five firms nominated in the category.
02/13/2013
The black hole that is wealth management products
Mainland investors are becoming wary of products that 'disappear' after offering juicy returns, the first of a two-part series explains
02/13/2013
Standard Life in talks to buy Newton's wealth arm
The daily said the other bidders were Quilter, owned by private equity firm Bridgepoint, and private bank Rathbones.
02/13/2013
BNP Paribas begins overhaul after fourth quarter profit drop
This year, the Group completed its plan to adapt to new regulations ahead of the schedule announced
02/13/2013
Aberdeen Asset Management buys Artio Global Investors for £112m
Artio is debt-free and had net asset value of $141 million (£90 million)
02/13/2013
Nearly Half Of Ultra-Wealthy Feel Isolated When Making Financial Decisions -RESEARCH
Poll Reveals Most Ultra-Wealthy Don't Feel Financially Secure
02/12/2013
High-Net-Worth Investors Worried About Direction of U.S. Economy
Northern Trust Survey also finds uncertainty among affluent Americans about their ability to meet financial goals.
02/12/2013
St.Galler Kantonalbank reports significant increase in net profit
For the current year, St.Galler Kantonalbank anticipates a development of revenues and costs at current levels.
02/12/2013
Societe Generale to reinforce organisation by refocusing on core businesses
A new pillar encompassing Corporate & Investment Banking and Private Banking, Global Investment Management Services, with a view to developing commercial and operational efficiency, specifically in terms of the flow business, with improved coordinatio
02/11/2013
KBC Private Banking is named 'best private banker in Belgium' by Euromoney.
Also named as ‘highly commended private banker’ by the Financial Times/The Banker.
02/11/2013
Canada Wealth Managers See Shift to Equities in 2013
"At some point there is going to be a massive shift to equities again, and you just want to make sure that you're ready for that." crisis make a return to equity-linked products.
02/11/2013
Barclays announces the outcome of its strategic review and sets out commitments for 2015
Barclays has announced the outcome of its strategic review and sets out commitments for 2015
02/11/2013
FSA chairman calls for overhaul of fund managers' bonuses
Portfolio managers' bonuses could be conditional on their performance over a defined period
02/11/2013
Genstar, Aquiline jointly bid for Genworth wealth management business
Value of the deal has been projected to range from $400m to $450m
02/10/2013
Middle East named among key growth markets for Swiss private banking group
Julius Baer, the Swiss private banking group, announced its full year results
02/10/2013
Aberdeen boss Martin Gilbert sells £4m stake
The transaction reduces Gilbert's holding to around 7.8 million shares