07/17/2012
Despite Libor-mania, rogue trading and mis-selling scandals, our pin-stripped - sorry, striped - friends partied until 6am at the Square Mile’s 7th summer party at McQueen’s in Shoreditch.
07/17/2012
About 34 banks operate in Monaco, a significant number by any measure for a country of 38,000 people – however, consolidation may be on the horizon.
07/17/2012
Private Banking with 2Q12 net revenues of CHF 2,704 million and pre-tax income of CHF 775 million
07/17/2012
Scorpio Partnership’s annual Private Banking Benchmark of the global wealth management industry released today shows international providers weathered the storms of 2011 more successfully than smaller players.
07/17/2012
RBS Private Banking India, the Indian private banking arm of the Royal Bank of Scotland Group, has launched a new bespoke Credit Solutions offering.
07/17/2012
Quorum has been assessed by leading wealth management data and analysis group ‘PAM Insight’ as one of Private Client Practitioner’s ‘Top 25 IFA Companies 2012’.
07/16/2012
Only overtime hours from Aug. 1 will be affected, the newspaper said.
07/16/2012
Shift Into Lower-Margin Lending Reflects Harsh Climate Facing Wall Street
07/16/2012
Bonuses often make up the majority of pay for senior investment bankers, with managing directors at most major Western banks usually in line to make around $1 million or more a year.
07/16/2012
Bloomberg reports that the unit set aside $4.91bn for pay in the first six months of the year, enough to compensate each of the 26,553 employees an average of $184,989 for the period, according to figures posted on the firm's website.
07/15/2012
Standard Chartered, Malaysia’s CIMB tap prospects for Islamic private banking
07/15/2012
It can be assumed that these customers avoided paying large amounts of tax, the paper said.
07/15/2012
A good deal of their job is managing emotions.
07/15/2012
The asset management arms of banks, many of which are keen to sell, are likely to head the list of acquisition targets.
07/15/2012
The award process is increasingly more competitive and for Citi to continue to win the best bank award is a reflection of Citi's continued commitment, growth and investment in Asia.
07/15/2012
"This is inevitable in a situation such as this – but it is simply speculation. In the face of that, it is important that you hear from us, on behalf of the Board, an unequivocal statement: our strategy and business model were right for Barclay
07/15/2012
Royal Bank of Scotland-owned Coutts, which has served as banker to the Royal Family since the 18th century, said it had no evidence that client confidentiality had been compromised.
07/15/2012
Increased adviser poaching by means of large sign-on fees could result in a growing expectation such bonuses will remain, a number of recruiters said.
07/15/2012
Analysts have begun to express concern that the extraordinary rise of WMPs over the last year is creating hidden risks in China's banking system.
07/15/2012
BANKING group FirstRand has repeatedly been asked why it maintains two private banking brands in RMB Private Bank and FNB Private Clients.