10/29/2012
UBS AG, Switzerland’s biggest bank, boosted its profitability goal and announced plans for about 10,000 job cuts as Chief Executive Officer Sergio Ermotti scales back the investment bank to focus on wealth management.
10/29/2012
Deutsche Bank has reported flat profits for the three months to September that still beat analyst expectations.
10/29/2012
The growth in Architas assets to £11.3bn is a reflection of the growing popularity of its offering.
10/29/2012
“I think pay takes up a disproportionate amount of boards' time,” BlackRock's head of corporate governance and responsible investment for Asia Pacific, Pru Bennett, said, according to The Australian.
10/29/2012
HongKong Shanghai Banking Corp is restructuring the consumer banking and wealth management business of its India operations, a top executive told ET.
10/29/2012
Bank Sarasin-Alpen has the honour of being the only private bank to be recognized by the Arabia CSR awards since it was launched five years ago. This is the second year Bank Sarasin-Alpen has been recognised with the prestigious Arabia CSR Awards.
10/29/2012
Other high profile sponsors of the Stonewall awards include PwC and Google.
10/29/2012
The FSA found Coutts did not apply robust controls when starting relationships with high-risk customers and did not consistently apply an appropriate level of monitoring.
10/29/2012
Asia-focused bank Standard Chartered Plc said its operating profit grew by a mid-single digit rate in the first nine months of the year, keeping it on track for a 10th straight year of record earnings.
10/29/2012
Wealth generated in countries rich in natural resources helped three countries stake their claims with Kuwait, Norway and Brunei taking their places among the top 10.
10/28/2012
Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.
10/28/2012
For its 2012 list of the World's Best Banks, Global Finance choose winners in 12 categories ranging from best investment bank to best Islamic Financial Institution.
10/28/2012
Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks
10/28/2012
Palazzo Beltrami, a superb Milanese building which blends Neoclassical style with eclectic features, was built in 1911 as a prestigious new head office for Banca Commerciale Italiana, now part of domestic bank giant IntesaSanpaolo.
10/28/2012
Barclays is to cut the salaries of some of its leading investment bankers
10/28/2012
The size of the losses, the biggest ever reported by a Spanish bank
10/28/2012
A scramble for jobs has started ahead of the merger with Julius Baer, which is complicated by sector lay-offs due to the economic climate
10/28/2012
The city ordered its third set of property curbs in two months after home prices almost doubled over three years to become the world’s most expensive.
10/28/2012
That may help the Frankfurt-based lender boost its share of investment banking revenue among the world’s largest banks for the first time in a year when it reports earnings tomorrow.
10/28/2012
Assets Under Management (“AUM”) of £96.8 billion at 30 September 2012 (30 June 2012: £98.2 billion)