04/16/2013
Goldman Sachs private bank wins UK licence
The UK entity is authorised to carry out several functions, including: deposit-taking; advising on investments; dealing on an agency and principal basis; and the safeguarding and administration of assets, according to the FCA filing.
04/16/2013
Announcement comes about two weeks
04/16/2013
Wermuth Quant Eastern Europe Strategy Fund has been one of the best-performing funds with returns of 20.3%, the company said in a statement.
04/16/2013
The bank was keen to deflect its poor complaints record.
04/16/2013
From 31 December 2012, Group assets under management have risen by CHF 2.8 billion or 2%. At CHF 119.0 billion, assets are currently CHF 8.4 billion higher than on 31 March 2012.
04/16/2013
Hargreaves Lansdown does not expect any surprises from the second instalment of the retail distribution review (RDR) after a record breaking performance for the firm in the first quarter.
04/16/2013
Wealth Manager conducted the survey during the week leading up to Easter as the Dow continued to set new record daily highs and the S&P 500 broke through its nominal pre-crash high.
04/15/2013
Canada asset manager up for sale
Possible acquirers could include the big Canadian banks, several of whom have said their growth priority is in wealth management.
04/15/2013
Wealth management services provider to sell itself for about $1.01B
The New York firm is led by Jessica Bibliowicz, the daughter of former Citigroup CEO Sandy Weill.
04/15/2013
He will replace Rupert Hengster, who headed the group’s German base since the launch of the asset management arm in the country in 2010.
04/15/2013
Wealth management firms want advisors to spend more time with clients
04/15/2013
Our customers' needs as a family are the main focus of our wealth management services
04/15/2013
Webster Bank’s push to expand its wealth management business is making a difference in the bank’s financial performance
04/15/2013
“This aims to put an end to the excessive risk culture which led to taxpayer bail-outs and bank collapses.”
04/14/2013
Rich, sick and idle – misconceptions of the wealthy
Ledbury surveyed 500 UK-based high net worth individuals with at least £500,000 (€588,000) in liquid assets.
04/14/2013
‘We are pleased to have partnered with Darwin as their EFF has proven to be an efficient and successful capital raising product.’
04/14/2013
Total invested assets amounted to 1.6 trillion Swiss francs worldwide last year.
04/14/2013
The appointment of the experts comes as the company moves to consolidate its position in Australia's emerging market for Islamic-compliant financial products.
04/14/2013
Goldman Sachs chief Lloyd Blankfein saw his pay almost double to $21m (£13.67m) last year, making him the world's best paid banker
04/14/2013
Now is a "dangerous time for Switzerland (but) unlike Luxembourg, Switzerland is not part of the EU