11/30/2013
Banks Bet on Wealth to Counter Weary Consumers
The six largest lenders will average per-share profit growth of 11 percent after excluding some items for the period ended Oct. 31, Aiken estimates.
11/29/2013
European Banking Authority figures highlight City's dominance with 77pc of top paid EU finance executives based in London
11/28/2013
Edmond de Rothschild is boosting its private banking capabilites in Hong Kong, and will look to add 10 staff in the next 12 months.
11/28/2013
The move comes one year after Chief Executive Sergio Ermotti said UBS would let go 10,000 staff and eventually derive profits almost solely from its private banking unit, which caters to the financial needs of the wealthy.
11/28/2013
Mattioli Woods has put the brakes on property syndicates after the regulator stated Ucis should only be promoted to more strictly defined “sophisticated investors”.
11/28/2013
Fund expense ratios in Hong Kong's compulsory retirement scheme lack clarity
11/28/2013
The duo remain at the bank but have stepped back from their positions to concentrate on running private client portfolios. The bank declined to disclose the reasons behind the move.
11/28/2013
Spain’s Banco Santander SA paid an average of 207,000 pounds, while Lloyds Banking Group Plc paid the least, at 158,000 pounds.
11/27/2013
ING Direct is reinforcing its third party distribution team to market the bank's products to financial advisers.
11/27/2013
The manager now has just 2 per cent of his £223.6m Premier Multi-Asset Distribution fund invested in European equities.
11/27/2013
The Board of Impax Asset Management recommended a dividend of 0.9 pence per share for the period, which represents a 20 percent increase over the dividend for the previous period.
11/27/2013
FNZ, the custody services provider with £45 billion in assets under administration, has signed a strategic partnership agreement with securities depository Euroclear UK & Ireland
11/27/2013
The Swiss Finance Council will represent the interests of internationally active Swiss financial institutions
11/27/2013
The Morningstar Canadian Investment Awards is the only national event of its kind in Canada that reflects the collective efforts of a broad range of industry experts, advisors and investors within the Canadian financial services industry.
11/27/2013
A novel means of measuring and monitoring over time the value advisers deliver to their clients has been launched by Vanguard Asset Management.
11/27/2013
The amount of people on the continent that fall within our wealth- management bracket is increasing every day and there are still tons of opportunities relatively untapped.
11/27/2013
France's asset management industry has remained strong and dynamic in a challenging global environment, the AFG and PFI said during their first roundtable in London this week.
11/27/2013
Deutsche Bank has refocused its UK wealth management business on the brutally competitive market catering to ultra-rich foreigners with plans to sell its loss-making Liverpool-based unit targeting the "mass affluent".
11/27/2013
Nine independent financial advisers were among the 35 businesses to pick up a Gold Standard Award 2013.
11/26/2013
Charles Stanley looks to take on Barclays Wealth managers and open Cardiff office
Charles Stanley is in talks to take on a number of Cardiff-based Barclays Wealth and Investment Management investment managers and open an office in the Welsh capital