07/30/2012
"The discretionary portfolio space may have £500,000 or more. They might want something that takes them in to a different space, [utilising] other instruments that we would never bring into our mainstream portfolios. Read more: http://www.ifao
07/29/2012
The majority of executives who set the remuneration of directors running Britain's top companies believe salaries and bonuses are too high, The Sunday Times reported, citing a survey by management consulting company Hay Group.
07/29/2012
Bank Sarasin & Cie AG Monday said profit in the first half of the year declined over 27 percent from last year, amid lower asset base and cautious client investment activity against the backdrop of the debt crisis in Europe.
07/29/2012
HSBC Holdings, Europe's largest bank, said first-half profit rose 10 per cent, lifted by gains on asset sales. Pretax profit rose to $US12.7 billion from $US11.5 billion a year earlier, the London-based bank said in a statement today.
07/29/2012
But Peter Flavel, the bank's chief executive for Asia, is determined to expand that clientele, setting his sights on the segment just below the ultra-high net worth - that is, catering for account sizes of between US$10 million and US$30 million.