05/22/2014
Emaar Said to Hire Rothschild, HSBC for Mall Unit Share Sale
The company will seek to raise about $2 billion through the sale planned for September, according to the people.
05/22/2014
Saga float will boost company’s wealth arm
A successful initial public offering by Saga, the company focusing on the over-50s market in the UK, will help to boost the company’s wealth management arm, Michael Hewson has predicted.
05/22/2014
Brown Shipley's new banking head on his growth strategy
‘Acquisitions are certainly something we will consider here and we regard it as part of our growth strategy, but our growth strategy is not based on a requirement to make acquisitions,’ he says.
05/22/2014
Toronto Star RBC Profit Rises 15% on Gains in Wealth Management, Trading
Royal Bank says its wealth management segment had record net income of $278 million, up $56 million
05/22/2014
Two more advisers sign up to join Succession
Succession Advisory Services has acquired two further chartered financial advice firms
05/22/2014
The world’s largest asset manager is calling on regulators to set best practices for the way funds are structured globally and to review investor redemption rules in different markets.
05/22/2014
It’s the first time in 110 years that the property is being sold as a single asset
05/21/2014
Any taxation discussions are marked by delusional debates
05/21/2014
As the number of advisors who rely on legacy managers diminishes, some fund families will have to evolve if they want to stay relevant
05/21/2014
Advisors who frequently move to new firms can expect to make less
05/21/2014
Tighter scrutiny of potential mainland clients by banks in Hong Kong
An increasing number of wealthy mainland individuals have been unable to open offshore accounts at the Hong Kong offices of private banks
05/21/2014
The broader asset management space has the scope to become a “long-term growth industry” in Scotland.
05/21/2014
Succession adds two firms boosting assets by £80m
The relationship with Succession would add value to the two-strong adviser firm
05/21/2014
Swiss National Bank President Thomas Jordan said legal altercations have cast serious doubts on Swiss cross-border private banking activities.
05/21/2014
Swiss Finance Minister Eveline Widmer-Schlumpf expects other banks to reach agreements soon to settle U.S. investigations into tax evasion after Credit Suisse Group AG announced a deal late yesterday.
05/21/2014
It has been adapted in some 30 countries with local brand identities and in 11 different languages.
05/21/2014
UK Private Bank appoints new CEO
He has had a 30-year career in banking
05/21/2014
Cazenove wealth management clients with less than £200,000 for bespoke portfolios may be offered Diversity range
05/21/2014
Firms beginning to feel the pressure to diversify their ranks
05/21/2014
Asiabiz Services shares how Singapore’s rise to global financial dominance came about.