05/03/2012
Schroders posts Q1 net inflows, rising AUM
Blue chip investment manager Schroders reported first-quarter profits slightly above expectations as net flows from institutional investors buoyed assets under management.
Wealth and Asset Management
05/03/2012
St James's Place hits record £31bn in funds
St James’s Place has reported a 9 per cent increase in funds under management for the first three months of the year from £28.5bn to £31bn.
05/03/2012
Brown Shipley in triple hire for south Asian service launch
Brown Shipley has launched a private banking service catering exclusively for South Asian customers living in the UK and abroad.
05/03/2012
Wealth-X Releases Latest Indonesian UHNW Figures
Wealth-X, the global UHNW prospecting, intelligence and wealth due diligence firm, has released a report on the UHNW population in Indonesia at an event in Jakarta.
05/03/2012
UBS faces pay backlash as Weber becomes chairman
Brigitta Moser-Harder, a small investor, told Reuters on the sidelines of the meeting attended by around 3,400 shareholders.
05/02/2012
Roger Federer, Swiss Banking Will Both Come Back
Federer is now ranked as only the third-best player in the world, and Switzerland’s bank-secrecy laws are cracking under the weight of pressure from abroad.
05/02/2012
Bankers find it tough to tap Gulf region’s wealth
Mr. Swats hopes it will tap into fast-growing demand from Middle Eastern and Asian investors for sukuk, securities that comply with Islamic law.
05/02/2012
TD Bank aims to attract rich U.S. clients
TD has about 100 face-to-face advisers in the U.S., but that "will multiply" over the next three-to-four years, Mike Pedersen, group head of TD's wealth and insurance business, said in an interview last week.
05/02/2012
Barclays won’t let pay row deflect it from broader goal
Some say the bank will bottle it as costs get out of control; others say that franchises have already been built up so solidly by rivals that it is virtually impossible to break in.
05/02/2012
UBS Wealth Management pre-tax profit up 70%
Net new money inflows in the wealth management businesses more than doubled to CHF 10.9 billion.
05/02/2012
Standard Chartered posts high single-digit Q1 income growth
Standard Chartered said on Wednesday its first-quarter income grew less than its previous 10 per cent target, as the strength of the US dollar against Asian currencies impacted income growth.
05/02/2012
Barclays Appoints Director, UK Charities Investment Management
joins Barclays after 12 years at Coutts & Co. where he was responsible for establishing and managing the Charity Investment Team.
05/02/2012
Wealth tax could cause exodus from France to London
It is less than a week to go until the election, and one of Hollande’s proposals is more tax on annual incomes over one million euros.
05/02/2012
Art for Art's Sake? Or To Protect Wealth?
Their and in the most salubrious manner available.
05/01/2012
Kingswalk acquires equity stake in private wealth firm
Kingswalk is a specialist investment company with interests in a wide range of companies including those in the wealth management, property and support services sectors.
05/01/2012
European Wealth launches fixed interest service
The service, which is aimed at private clients and institutions such as those in the public sector including health, education and financial service companies such as building societies, will provide liquidity and treasury management services to generate
05/01/2012
Wealth tax could cause exodus from France to London
It is less than a week to go until the election, and one of Hollande’s proposals is more tax on annual incomes over one million euros.
05/01/2012
Art for Art's Sake? Or To Protect Wealth?
The very rich, who Fitzgerald reminds us are different from you and me, will likely keep a low profile.
04/30/2012
Wealth of richest grows to record levels
The combined wealth of the 1,000 richest men and women in Britain has risen to record levels in the past year, despite the country’s continuing economic slump.
04/30/2012
Deutsche Bank’s Postbank to Stop Wealth Management
About 300 employees will be offered positions in mobile sales for Deutsche Bank and at the construction-financing bank BHW, NDR Info said.