Managers of Wealth

Should Brokers Be Forced to Disclose Their Bonuses to Clients?

Reports suggest some firms are offering substantial inducements to potential registered representatives

Mariner Wealth Advisors gets majority stake in Cincinnati firm

“We’ve really concentrated this year on growing the wealth division to help it catch up to the asset management side."

Wealthy Still Giving, Just Less

“Since 2006, this has become the largest and one of the longest running studies of its kind, offering key insights that help to inform nonprofit organizations’ donor engagement strategies.”

UBS targets wealth management opportunity in major overhaul

UBS AG, Switzerland’s biggest bank, boosted its profitability goal and announced plans for about 10,000 job cuts as Chief Executive Officer Sergio Ermotti scales back the investment bank to focus on wealth management.

Investment banking buoys Deutsche Bank

Deutsche Bank has reported flat profits for the three months to September that still beat analyst expectations.

AXA Elevate's assets hit £5 billion

The growth in Architas assets to £11.3bn is a reflection of the growing popularity of its offering.

Investors are too focused on executive pay: BlackRock

“I think pay takes up a disproportionate amount of boards' time,” BlackRock's head of corporate governance and responsible investment for Asia Pacific, Pru Bennett, said, according to The Australian.

HSBC restructuring wealth management business in India

HongKong Shanghai Banking Corp is restructuring the consumer banking and wealth management business of its India operations, a top executive told ET.

Bank Sarasin-Alpen only private bank recognized by Arabia CSR awards

Bank Sarasin-Alpen has the honour of being the only private bank to be recognized by the Arabia CSR awards since it was launched five years ago. This is the second year Bank Sarasin-Alpen has been recognised with the prestigious Arabia CSR Awards.

Barclay and Coutts criticise 'bigot' award

Other high profile sponsors of the Stonewall awards include PwC and Google.

Coutts dropped Gulf clients after UK pressure

The FSA found Coutts did not apply robust controls when starting relationships with high-risk customers and did not consistently apply an appropriate level of monitoring.

Standard Chartered profit up

Asia-focused bank Standard Chartered Plc said its operating profit grew by a mid-single digit rate in the first nine months of the year, keeping it on track for a 10th straight year of record earnings.

Monaco Tops First Ultra High Net Worth Wealth Density List

Wealth generated in countries rich in natural resources helped three countries stake their claims with Kuwait, Norway and Brunei taking their places among the top 10.

Swiss private banks feel heat from the east

Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.

The Best Banks In The World Broken Down By Category

For its 2012 list of the World's Best Banks, Global Finance choose winners in 12 categories ranging from best investment bank to best Islamic Financial Institution.

UBS Plans 10000 Job Cuts in Overhaul

Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks

Italy's top bank turns vaults into Milan art museum

Palazzo Beltrami, a superb Milanese building which blends Neoclassical style with eclectic features, was built in 1911 as a prestigious new head office for Banca Commerciale Italiana, now part of domestic bank giant IntesaSanpaolo.

Barclays slashes bankers' pay by up to half as profits fall

Barclays is to cut the salaries of some of its leading investment bankers

Bankers' bonuses to be returned in Spain

The size of the losses, the biggest ever reported by a Spanish bank

Merrill Lynch bankers seek new posts

A scramble for jobs has started ahead of the merger with Julius Baer, which is complicated by sector lay-offs due to the economic climate

Wealth and Asset Management