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.
12/27/2013
In the New World Order, we are seeing that these values are influenced by a host of dynamics, including religious factors.
12/27/2013
A new report finds that advisors, investors and financial providers have been using the term inconsistently -- and perhaps incorrectly.
12/26/2013
Wealth management products (WMPs) operated by banks will be allowed to open securities trading accounts effective immediately, the China Securities Depository and Clearing Corp., the official clearing house for the Shanghai and Shenzhen stock exchanges, s
12/26/2013
The government is ramping up measures to battle this reputation as a tax haven
12/24/2013
Bidding was fierce at Rothschild's Christmas party as staff vied for activities ranging from a meal with the boss to a martial arts class
12/24/2013
The acquisition, which is subject to approval by the FCA, will add £1.3bn in assets to the AIM-listed group.
12/23/2013
Lombard Odier targets wealthy Chinese clients who are willing to delegate management of their asset portfolios to the private bank
12/23/2013
The number of preferred customers climbed to 25,000 this year from 12,000 in 2012.
12/23/2013
Now, Mrs Blair is seeking to inspire Middle Eastern entrepreneurs on the path to success.
12/23/2013
The deal has been anticipated for years, ever since the Belgian government bailed out KBC for $9.5 billion during the financial crisis of the late 00's.
12/23/2013
The loan is a two-year loan and bears interest of 10%, payable monthly
12/23/2013
Around 40 of Switzerland’s some 300 banks have already said publicly they will take part in a US programme set up to allow Swiss financial institutions to avoid US prosecution in exchange for coming clean and possibly paying steep fines.
12/20/2013
Private banks urged to protect gatekeeper role
Contact between product selectors and relationship managers in a client setting may be inappropriate, says LGT.
12/20/2013
Aberdeen Asset deputy in £5.4m shares payout
Aberdeen Asset Management's veteran deputy chief executive Andrew Laing has enjoyed a £5.4 million payday as he became the latest senior figure at the acquisitive fund manager to cash in stock.
12/20/2013
Kleinwort Benson Announces Update on Regulatory Process for Proposed Acquisition of BHF-BANK
This information has already been provided.
12/20/2013
Brooks Macdonald Group Acquisition
Option Agreement to Acquire Levitas Investment Management Services
12/20/2013
The news follows an announcement by Ashcourt that it had entered into an agreement to buy UKWM, a north west England-focused discretionary and pensions management group, for £14.25 million. It ensnare
12/20/2013
Islamic wealth management is still new in Malaysia and needs to be developed further