Wealth and Asset Management

07/15/2012

SWFs go shopping for managers

The asset management arms of banks, many of which are keen to sell, are likely to head the list of acquisition targets.

07/15/2012

Citi awarded title of 'Best Bank in Asia'

The award process is increasingly more competitive and for Citi to continue to win the best bank award is a reflection of Citi's continued commitment, growth and investment in Asia.

07/15/2012

Barclays reassures staff that Bob Diamond's 'baby' is safe

"This is inevitable in a situation such as this – but it is simply speculation. In the face of that, it is important that you hear from us, on behalf of the Board, an unequivocal statement: our strategy and business model were right for Barclay

07/15/2012

Queen's Bankers Deny Breach In Security

Royal Bank of Scotland-owned Coutts, which has served as banker to the Royal Family since the 18th century, said it had no evidence that client confidentiality had been compromised.

07/15/2012

Danger of sign-on bonus expectations

Increased adviser poaching by means of large sign-on fees could result in a growing expectation such bonuses will remain, a number of recruiters said.

07/15/2012

FirstRand duplicates private banks

BANKING group FirstRand has repeatedly been asked why it maintains two private banking brands in RMB Private Bank and FNB Private Clients.

07/15/2012

Merrill Lynch Wealth Management launches global investing programme

Merrill Lynch Wealth Management professionals will explore the growing importance of these themes and the opportunities they present; highlighting ways in which the next generation can integrate them into their financial planning process and investment po

07/12/2012

Southeast is Asia's safe haven as China and India stumble

Short-term investors in Southeast Asian stocks and bonds are being overtaken by those with a longer-term horizon, signalling growing confidence in a region of 600 million people that boasts a rapidly growing middle-class.

07/12/2012

How the world views the 1 percent

The survey, which asked over 12,000 people whether they agreed with the statement "most rich people in my country deserve their wealth," found that this year nearly 15 percent strongly agreed and 28 percent agreed versus 12 percent and 27 percen

07/12/2012

Britain and banking: Back to the 1830s

In Britain during the early 19th century, paper money was not as we know it today – all reassuringly bearing the head of the Queen and the stamp of the Bank of England.

07/12/2012

NFP Announces Acquisition of Fusion Advisor Network

National Financial Partners Corp. NFP +0.36% , a leading provider of benefits, insurance and wealth management services, today announced that it has acquired Fusion Advisor Network ("Fusion"), a leading provider of practice management and busin