02/10/2012
Politics of envy is taking over the bonus debate - CISI
The CISI, which represents 40,000 financial services practitioners worldwide working in the securities and investment sector, published its policy on bonuses in 2008.
Wealth and Asset Management
02/10/2012
Nordea named the best in Private Banking
It is the fourth time in a row that Nordea is at the top of this ranking. Nordea is also named the best provider of private banking services in Sweden
02/10/2012
Key Capital to take over Anglo's wealth management operation
The recently renamed Irish Bank Resolution Corporation, which includes the assets of Anglo and Irish Nationwide, yesterday announced that it was entering exclusive talks with Dublin-based Key Capital on the deal.
02/10/2012
Barclays Wealth raids rivals to expand US offering
Barclays Wealth has tapped eight financial advisors to join its Los Angeles and Chicago forces in its latest move to bolster its Americas expansion strategy.
02/10/2012
Small private banks said to face bleak future
He said the strong Swiss franc and the tax row with the United States were adding to the difficulties.
02/10/2012
Tiedemann Wealth Management Wins PAM Award
Named Best Private Wealth Manager Managing Over $5 Billion
02/10/2012
RBC Recognized for Best Private Banking Services in Canada and Caribbean
The survey also highlights the success of RBC Wealth Management's Global Trust business. RBC ranked number one for Trust Services in Cayman and Jersey, and ranked in the top ten for Trust Services globally. This success follows a series of industry a
02/09/2012
Former head of E*TRADE Wealth Management launches RIA firm
The firm has $1.3 billion of assets under discretionary management.
02/09/2012
Credit Suisse private banking profit drops
Credit Suisse Group reports 2011 net income attributable to shareholders of CHF 1,953 million, Core Results pre-tax income of CHF 2,749 million, return on equity of 6.0%, underlying return on equity of 7.3%
02/08/2012
L&T Finance to offer wealth management, hires EFG brass
L&T Finance is actively looking to enhance its product line and is looking to foray into a business that many foreign players are struggling to sustain --wealth management.
02/08/2012
BNY Mellon announced as new Boat Race Title partner
Over 300,000 people watch the Race from the riverside and the event is shown live on BBC TV as well as being transmitted to over 200 countries around the world.
02/08/2012
Swiss Private Bank Charged in U.S. With Aiding Tax Evasion
The indictment follows charges filed Jan. 3 against three Wegelin bankers accused of conspiring to help U.S. clients hide more than $1.2 billion in assets from American tax authorities. Wegelin announced on Jan. 27 that it agreed to a sale to Switzerland&
02/08/2012
Former Merrill Lynch banker to promote Qatar as rival to the City
Famed for his "little black book" of City contacts, was also appointed one of David Cameron's ambassadors last year and advised the Mayor of London on measures the City should take to remain globally competitive.
02/08/2012
Brown Advisory Wins Award for Best Performance by a Private Wealth Manager over $5BN
Brown Advisory was selected as the winner among six companies nominated by an independent panel of industry experts.
02/08/2012
Genworth Financial Wealth Management Upgrades Advisor Platform
Next-Generation eWealthManager Site Brings Enhancements To Better Manage, Grow Business
02/08/2012
America's 10 most generous benefactors
Wealthy Americans are giving more to charity as the economy improves, research shows. Here's a list of the top 10 donors
02/08/2012
Vertem Asset Management judged one of best in the UK
Investment news and data specialist Citywire, has named the Collingwood Street firm in its Top Ten Wealth Manager profiles of the year for 2011.
02/08/2012
HPM Partners Recognized as Wealth Management Leader
We are honored by this recognition for excellence and innovation in private wealth management for two consecutive years.
02/07/2012
Switzerland Should Be Terrified Of The Rampaging Justice Department
Bank Wegelin (W) has been around for 270 years. In Switzerland, it is referred to as a “Private Bank”. There are dozens of Private Banks in the country (less every week).
02/07/2012
Julius Baer expects to deliver client data in U.S. probe
Swiss private bank Julius Baer said on Monday it expects to have to hand over client data as part of a U.S. tax investigation into wealthy Americans who stashed their money in Swiss banks to avoid paying taxes.