01/06/2014
Swiss wealth management boutique Falcon Private Bank announced today that it has reached an agreement to introduce its clients and certain employees of its Hong Kong branch to EFG Bank, the Asia business of the international private banking group EFG Inte
01/06/2014
The LLB Group has terminated Liechtensteinische Landesbank (Switzerland) Ltd.'s banking activities effective as of the end of 2013, as announced in March 2013.
01/06/2014
The development is managed by Brookfield Office Properties and Oxford Properties in partnership with the City of London Corporation, which owns the freehold. The development is scheduled to be completed by late 2016.
01/06/2014
FCA hires ex-Kleinwort Benson CEO as head of wealth management
He also previously worked at Merrill Lynch, SG Hambros, and Coutts.
01/03/2014
Guernsey-domiciled hedge fund firm TFM - which hunts out opportunities in assets and asset classes in believe to be ‘superior’ based on their track record and expertise bought the stake though its Tetragon Financial Group Master fund
01/03/2014
The largest U.S. banks reported their figures for 2012 as recently as this week under European disclosure rules that are part of a regulatory push to alter pay practices blamed for contributing to the 2008 financial crisis.
01/03/2014
The December and Q4 2013 performance estimates for the ARC Private Client Indices and ARC Charity Indices are now available.
01/03/2014
Assets under management grew by $15.2 billion or 20.1% during the year and by $1.3 billion or 1.4% in the month of December 2013.
01/02/2014
How to Attract and Retain High New Worth Clients
He kept the clients who wanted a full suite of wealth management services. He moved the bulk of his book to other advisors.
01/02/2014
Antony Jenkins, chief executive of Barclays, has defended pay in the banking sector as he guest-edited the Today programme
01/02/2014
RHJ International Announces Spin-off of Ripplewood Merchant Banking Operations
In order to ensure the continuity of the business previously conducted by Kleinwort Benson Advisors AG, RHJI has licensed the name Kleinwort Benson Advisors LLC to the new entity for a period of seven years.
01/02/2014
FCA cracks down on fledgling wealth firm with £1.5m shortfall
London-based investment firm Hartmann Capital has applied to wind up after identifying a number of problems and being censured by the FCA.
01/02/2014
The investment works as a contract between New York State and a private charity, the Center for Employment Opportunities.
01/02/2014
In an international survey carried out by deVere Group in the last quarter of 2013, 38 per cent of those polled said that their ultimate objective for the year ahead was to build their retirement funds.
01/01/2014
Banks disclose figures in dying hours of 2013 to comply with new European rule demanding information on bankers' pay
01/01/2014
The Top 40 Advisors Under 40
Ranking advisors based on their AUM makes less sense as advisors generate more of their revenue from things other than managing client assets.
12/31/2013
Hargreaves Lansdown co-founder Peter Hargreaves and Alliance Trust chief executive Katherine Garrett-Cox have both been awarded a CBE in the New Year’s honours list.
12/30/2013
If advisors and providers are going to use the term, they need to know how their clients define the term
12/28/2013
Nevertheless, the biggest wealth managers lost some market share to medium-sized competitors. Post-crisis low turnover and low interest rates still put pressure on returns, while cost levels remained sticky.
12/27/2013
Wells Fargo, BofA hunt talent to serve wealthy
At Wells Fargo, one of the biggest challenges has been to find candidates to add 2,000 financial advisers at its branches, according to RBC Capital banking analyst Joe Morford in San Francisco.