07/19/2012
Bank of America Corp. kept its lead in a ranking of the world’s 20 biggest wealth managers in 2011, while UBS AG climbed one place into second position, according to Scorpio Partnership.
07/19/2012
China’s economy has been slowing for six consecutive quarters, leaving many investors concerned that China is heading for a hard landing.
07/19/2012
The programme is modelled on that offered to families in the US by the Institute for Private Investors, acquired by Campden last year.
07/19/2012
IRESS, which principally builds and supplies wealth management systems in Australia, first entered the UK market in November last year. It secured a deal with Sesame Bankhall shortly afterwards.
07/19/2012
The findings are remarkably consistent, no matter the wealth or income level.
07/19/2012
Morgan Stanley’s bright spot was its wealth-management machine.
07/19/2012
Portfolio and Client Relationship Management
07/19/2012
“We have to find a way to get back to a system that has individual and collective responsibility,” he told Richard Quest.
07/19/2012
Walker Crips saw its group revenue fall by 31% during the second quarter after completing the sale of its asset management arm to Liontrust.
07/19/2012
In the half year ending 31 May 2012, WH Ireland made a profit before tax of £0.2 million and an adjusted profit before tax of £0.5 million on turnover that increased by 10.4% to £12.6 million.
07/18/2012
Government taxation of charities tends to reduce the philanthropic sector's ability to address social needs that are often not covered by government, according to Richard Schwartz, Philanthropy Management's editor. "This calls into question
07/18/2012
OCBC Bank won the Best Managed Board Award, and its former CEO, David Conner, also took home the Best Chief Executive Officer title.
07/18/2012
The Swiss bank announced Sfr15.3bn ($15.65bn) of capital raising measures, including Sfr3.8bn of mandatory and contingent convertible securities, as it pushed out second-quarter results one week earlier than expected.
07/18/2012
The survey also asked for their outlook on the best performing sector of 2012.
07/18/2012
The idea, first floated by a German economic policy group, calls for imposing a 10 percent tax on the wealth of the richest Europeans and forcing them to lend money to their governments.
07/18/2012
But private banks have lagged, offering relatively little in terms of wealth management for Islamic customers, who want products and services that respect Islamic laws prohibiting trading in debt and collecting interest, among other rules.
07/18/2012
Hodgson told CNBC his research shows the incentive structure on Wall Street, in which bonuses are paid based on short-term profits, was one of the prime factors that caused the financial crisis in 2008 and 2009.
07/17/2012
In an environment the investment bank characterized as "tough," Goldman said it was embarking on a new round of cost-cutting, which will include laying off some senior employees.
07/17/2012
Malaysia’s CIMB will market more instruments in the fourth quarter for clients with a minimum of 1 million ringgit (Dh1.15 million), Badlisyah Abdul Gani, chief executive officer of CIMB Islamic Bank Bhd., said.
07/17/2012
National IFA acquires Barker Poland corporate arm
Barker underwent a restructure in December 2009 in a move which saw its private client wealth management business transferred to newly created Barker Poland Asset Management.