05/14/2014
Banking group HSBC Holdings Plc has attempted to head off investor criticism over a new pay plan, capping any share bonus for its Chairman Douglas Flint this year at 1 million pounds and saying it would be a one off.
05/13/2014
SEI Wealth Platform Extends Strategic Partnership With Towry
SEI announced today that Towry, the wealth adviser, has extended its contract with the company for an additional seven years, until July 2021.
05/13/2014
Advisers Scramble as Firms Trim Overseas Business
Ileana Platt was put in a bind when Barclays PLC announced plans to pull out of the Latin American market for wealth management services.
05/13/2014
Noah Holdings Tops Q1 EPS by 4c
Noah Holdings Limited is a leading wealth management service provider focusing on distributing wealth management products
05/13/2014
Wealthy property investors set to target less obvious city locations, report suggests
Melbourne, Tel Aviv and Chicago could outperform other prime property markets in top world cities in the next few years as global investors seek alternative locations, it is claimed.
05/13/2014
London brokerage sets up wealth management arm
London-based brokerage has launched a new wealth management arm.
05/13/2014
businesslife.co Wealth Edition now online!
Issue 32 of businesslife.co – the Wealth Edition 2014 – will be published later this week, but for those readers looking for a sneak preview, it is now available to view on the businesslife.co website.
05/13/2014
Net interest income for the three months ended 31 March 2014
05/13/2014
The shortage of relationship managers has become acute against increasing client wealth over the past five years, writes Scorpio Partnership.
05/13/2014
It currently provides mortgages on variable rate interest terms
05/12/2014
Fuelled by savers' and companies' thirst for higher returns, China's wealth management sector has exploded in recent years.
05/12/2014
Barclays Wealth & Investment Management will cease to exist as a standalone business as part of a strategic overhaul aimed at improving profitability.
05/12/2014
British Crown dependency seeks level playing field in global wealth management business
05/12/2014
Former Barclays boss Bob Diamond yesterday told the World Economic Forum on Africa that investors in his new financial services group Atlas Mara could expect good future returns.
05/12/2014
Swisspartners pays $4.4mn to avoid US tax fraud charges
The NPA applies only to the four specific entities that are party to it and does not apply to any other subsidiaries of swisspartners Investment Network AG or any individuals.
05/12/2014
Leicestershire's richest Asians see wealth soar by £54m in past year
Ten of the 50 names featured the 2014 Midlands Asian Rich List are from the county and worth a combined £606 million, up from £552 million in 2013.
05/12/2014
Canada’s Bank of Montreal could scrap the historic F&C brand, potentially bringing the 146-year history of one of the oldest names in London’s fund market to an end.
05/12/2014
Julius Baer gaining new foothold in the Netherlands
Julius Baer has acquired a well-established business in the Netherlands. Merrill Lynch has run wealth management activities in this market for more than 50 years shifting its focus to private banking and servicing high net worth individuals in the early
05/12/2014
Participants can attend one of three workshops that will be taking place simultaneously, with the other two covering funds and insurance.
05/12/2014
Citywealth Magic Circle Awards 2014
Citywealth has announced its Magic Circle Award winners for 2014 and the Channel Islands were once again well represented.