04/26/2012
Quarterly results have been conditioned by a lower equity and derivatives volumes context, based on the general economic environment, regulatory limitations on trading, and an average general price correction. Nevertheless, the diversification of the busi
04/25/2012
It hopes that its establishment in the UK will enhance relationships with wealth managers, family offices, private banks, IFAs and institutional clients.
04/25/2012
It added that such a move would result in a ‘significant’ increase in the number of Apcims firms that can offer independent advice.
04/25/2012
Quin said the business was always looking for new partnerships, although he stressed that the adviser quality had to be right, and the firm’s concentration of IFAs was comparatively small.
04/25/2012
During the review period (2007-2011), the value of the worldwide wealth management market for NRI millionaires rose at a compound annual growth rate (CAGR) of 9.4%.
04/25/2012
Credit Suisse eked out a small first-quarter profit on Wednesday, confounding analyst forecasts for a big loss due to a 1.5 billion Swiss franc charge on its own debt, as it cut more costs than expected.
04/25/2012
Canadian Wealth Management announces new partnership
The alliance will help Cardinal Point Wealth Management increase their footprint in California
04/25/2012
He joins from Citi Private Bank
04/25/2012
Emirates NBD, Dubai's largest bank by market value, reported a forecast-beating first-quarter net profit as a near 50-percent rise in non-interest income and lower impairments boosted profitability.
04/25/2012
Bank of Singapore becomes first Private Bank that can train and assess private bankers
The Programme aims to equip Bank of Singapore private bankers with the relevant skill sets and qualifications to uphold the highest standards in delivery of client-centric advice and consistent client experience.
04/25/2012
Standard Life's retail platform assets rose 26% in the first quarter of the year compared with the same period in 2011, as the group added an extra 41 adviser firms on its wrap.
04/24/2012
It will also face anger over the bill associated with a flood of customer complaints over the mi-selling of payment protection insurance, which is understood to have run to more than £100m.
04/24/2012
The Atlanta-based asset management company wants to sell Atlantic Trust Private Wealth Management, which has $18 billion in assets under management, because it is not core to its business, three of the sources said.
04/24/2012
The market for wealth management in South Florida is vast, as is the number and scope of institutions that serve the high net worth segment.
04/24/2012
IMCA, the Investment Management Consultants Association, provides credentials and education to the wealth management industry and is growing. Last year, IMCA’s Certified Investment Management Analyst certification became the first financial services
04/24/2012
As part of this initiative, Emirates NBD Private Banking also offers a range of customised financing solutions for investors interested to buy new aircraft or re-financing options for recently purchased ones.
04/24/2012
Villiger, whose tasks include developing recommendations for the CEO’s pay with the compensation committee, said the bank won’t assess Ermotti’s performance by profit alone, but will also include targets for boosting capital ratios and c
04/24/2012
Wealth managers also expected those with $30m of investable assets to account for 24 per cent of their $3tn under management, up from 19 per cent in 2011.
04/24/2012
Barclays today announced that it has appointed four senior private bankers in Singapore, in a move that underlines Singapore’s importance as a wealth management hub for the bank
04/23/2012
The Biennale des Antiquaires, France’s oldest art fair, is looking to profit from the growth of Asian wealth by starting a mini-biennale in Hong Kong.