02/26/2014
SAC Capital Advisors LP returned almost all investor money as of the end of January and has shrunk its headcount to 850 people from 1,000, as the firm focuses on managing the private wealth of founder Steven Cohen.
02/26/2014
he move could presage long-term expansion overseas.
02/26/2014
The halt will remain in place until the opening of trade on Thursday 27th February 2014, or earlier if an announcement is made to the market.
02/26/2014
Credit Suisse helped Americans hide $10bn from taxman, government claims
Operation allegedly included secret, remote-controlled lifts and bank statements hidden in Sports Illustrated magazines
02/26/2014
The bank declared a quarterly dividend of one cent per share and, in addition, a special dividend of one cent per share.
02/26/2014
The bank declared a quarterly dividend of one cent per share and, in addition, a special dividend of one cent per share.
02/26/2014
Former ING Asia Private Bank employee gets industry life ban
The case was referred to the SFC by the Hong Kong Monetary Authority.
02/26/2014
Excluding Switzerland, which experienced a modest outflow in the second half, all other private banking businesses were positive in relation to net new assets.
02/26/2014
‘This new office reflects our strategy to grow our discretionary wealth management business.
02/26/2014
Clients redeemed $10.2 billion, or 13 percent of the company’s average assets, in Ashmore’s fiscal first half because of withdrawals in some fixed-income and currency investments, according to the statement.
02/26/2014
All management and key staff will retain equity interests in R&M Group.
02/26/2014
Wealth Management net income was $235 million, up $6 million or 3% compared to last year, mainly due to higher average fee-based client assets resulting from capital appreciation and strong net sales.
02/26/2014
The bunker deep in the Swiss Alps an hour’s drive south of Zurich was designed to withstand nuclear blasts and protect soldiers from a foreign invasion that never came. Today, it’s used to guard digital data.
02/26/2014
A new proposal, currently under review by home secretary Theresa May, could revolutionise the UK "investor" visa, creating billions of pounds worth of inward investment for the UK.
02/26/2014
The second-largest bank in Switzerland is moving in the opposite direction of rivals like Societe Generale and Merrill Lynch, which have given up on their private banking business in Japan.
02/25/2014
Global Wealth Management revenues for the fourth quarter rose 15 percent from the year-ago
02/25/2014
The investment bank executive, who oversees the firm’s wealth management franchise and its investment management business, says Morgan Stanley is open to making acquisitions to grow the $373-billion investment franchise known as Morgan Stanley Inves
02/25/2014
In advanced talks to acquire international adviser business in Asia
02/25/2014
As the world becomes increasingly interconnected, death and taxes (according to Benjamin Franklin) remain certain es in an uncertain economic landscape.
02/25/2014
Close Brothers Asset Management launches Master Trust to support SMEs
Close Brothers Asset Management has launched a multi-employer master trust, known as YourWorkplacePension, to support SMEs approaching their auto enrolment staging dates.