08/14/2012
The solution suite also helps financial institutions improve staff productivity through better workflow management and helps improve cost control and operational efficiency for better profitability management.
08/14/2012
Acta Holding to acquire Swedish wealth management company
Hagberg & Partners has since 1994 worked with creating value for its clients through qualified financial advisory. Satisfied and assured clients are what is the most prominent in the company's philosophy.
08/13/2012
No wonder small businesses can't get credit when the UK is the only G8 member not to have a body dealing with such finance
08/13/2012
Management reiterated in its second quarter conference call that those ratios are at the low end of long-term targets of 1.6%-1.9% on return on assets and 16%-19% for return on equity.
08/13/2012
The strong appetite from investors, who are increasingly demanding Shariah-compliant products, is what is driving the growth of the sukuk market in the region, where Islamic funds as a percentage of total assets under management have been on an upward gro
08/13/2012
Private banks have begun to cull less profitable clients, with the biggest squeeze on clients with assets of less than £500,000, according to the paper.
08/13/2012
Assets under management up 2%
08/13/2012
Net new money inflows at Group level were CHF 0.9 billionfor the first six months of 2012, up from the CHF 0.6 billion reported in the first half of 2011 and a significant improvement on the net outflows
08/13/2012
Credit Suisse announced today the opening of its new office in Osaka, adding to its existing Tokyo and Nagoya offices.
08/13/2012
The Osaka office is located at Hilton Plaza West Tower 16F, 2-2-2 Umeda, Kita-ku and houses Credit Suisse’s employees dedicated to serving its Private Banking clients in Osaka and the Kansai region.
08/12/2012
Recent reports of such tax-dodging schemes have sparked a renewed outcry in Germany against a planned treaty between Switzerland and Germany designed to help Germany recoup some taxes from money held in Swiss accounts.
08/12/2012
Analysis by the FSA before it launched its review suggested consumers were losing £43m a year because of advisers, driven by commission, encouraging them to switch pensions.
08/12/2012
A ‘Millionaire Monitor’ survey of the country’s super-rich revealed that more than half of them now have ‘no confidence’ in the Government’s ability to lead the country out of recession.
08/12/2012
After the two countries struck the tax deal in April, some Swiss bankers advised clients to transfer funds to Singapore or elsewhere before it was enforced, according to a German media report.
08/12/2012
Earlier this year HSBC shut down its in-branch financial planning arm, resulting in the loss of 550 adviser jobs. The bank still offers investment advisory services for “Premier” customers with about £150,000 in investable assets.
08/12/2012
Approximately two thirds of IWM AuM are from clients domiciled in growth markets in Asia (more than half), Latin America and the Middle East.
08/12/2012
Following an extensive tender and due diligence process to rationalise the business and optimise costs, the Bank’s management chose to consolidate its assets under custody with BNP Paribas based on the custodian’s global reach, technology offe
08/12/2012
Stather-Lodge said he planned to attract more advisers to work under the OCM brand and use its centralised investment proposition.
08/12/2012
Julius Baer's acquisition of the loss-making unit means that about half of all the Swiss bank's clients will be in faster-growing emerging markets - chiefly Asia but also Latin America and the Middle East - up from around one third now.
08/09/2012
Waqf, or charitable endowments invested according to Islamic principles, are often used to fund schools and hospitals, but the charitable trusts that generally manage them tend to produce poor returns.