02/01/2012
London-based banking giant named the World’s Most Valuable Banking Brand in 2012
This strong performance from the London-based banking giant stood out in its region; European banks performed miserably, making up 16 of the 20 “fallers” on the table.
02/01/2012
Teak forestry investment shows money really can grow on trees
Emerald Knight delivers fixed annual returns of up to 12.5% on timber investment, plus 1.5% bonus from thinning proceeds
02/01/2012
Asian entrepreneurs aim for greater wealth
The report, published by Standard Chartered, SEI Global Wealth Services and Scorpio Partnership, studied 3,300 high-net-worth individuals with an average of $2m worth of assets.
02/01/2012
Study on Women and Wealth Finds One Size Does Not Fit All
Family Wealth Advisors Council examines views of 551 affluent women across the country in inaugural Women of Wealth Study
01/31/2012
French banks intend to cut bonus payments for 2011 by between 40 percent and 50 percent, Le Journal du Dimanche reported, without saying where it obtained the information.
01/31/2012
Although the charities have expressed disappointment at Lloyds’ decision they say that they hope to explore other opportunities with the bank.
01/31/2012
Leading Swiss private bank to lay off 10% of employees In Germany
"Of 1,200 employees, we'll have to lay off about 10%," Hoerger told Die Welt, saying the layoffs would be completed by the end of the year.
01/31/2012
IBRC, the former Anglo Irish Bank, says it has decided to wind down its wealth management division.
01/31/2012
Morgan Stanley, Credit Suisse Lead Investment Bank Pay Cuts
Morgan Stanley, Credit Suisse Group AG and Citigroup Inc. made some of the year's biggest cuts in compensation for investment bankers, averaging as much as 30 percent, as Wall Street firms grappled with lower revenue.
01/31/2012
Putin demands wealth tax
The levy would be introduced in 2013 as part of legislation needed to reduce a massive gap between rich and poor, Putin said in a statement on his candidate website www.putin2012.ru.
01/31/2012
Canada’s second-largest lender Considering ‘Wealth Opportunity’ in U.S
“There’s obviously a wealth opportunity there.”
01/31/2012
"Our record earnings, which are primarily attributed to steady loan growth and enhanced Wealth Management revenue, made 2011 a very good year for the Corporation."
01/31/2012
Accounting firm eyes HNWI business
"At a time when many businesses are struggling to cope with challenging business conditions, it's vital they look to improve the way they operate at a fundamental level - only those that do so will survive and even thrive in the current environm
01/31/2012
The bank, whose roots stretch back over 200 years in the UK, was bought by German Dresdner Bank in 1995.
01/31/2012
Luxembourg eyes huge spend from Qatar
Luxembourg’s 40-year-old finance centre finds immense opportunities for co-operation with the Qatar Financial Centre (QFC) in management and investment funds; wealth management; and trade and corporate finance.
01/31/2012
Swiss private bank sued in Singapore over minor’s risky trades
“The trades were carried out through the instigation of Chwee without any consultation with WF Ow,” the Ows said in their lawsuit.
01/31/2012
She said: “It is very expensive to buy businesses, and there has to be a cultural fit. But if the right business came along, then we wouldn’t ignore it.”
01/30/2012
Hester is set to be awarded 3.6 million shares, worth about 963,000 pounds, for last year.
01/30/2012
One of Barclays’ top 10 investors is reported to have said: “If the bank doesn’t exercise real restraint then it faces a shareholder rebellion.”
01/30/2012
Just 7% of those questioned supported £1 million salaries for chief executives of firms in the Ftse 100, while only 1% said senior bosses were worth the £4 million currently earned by those at the top end of business.