01/23/2012

Barclays names head of Wealth in Saudi

He will champion the development of the wealth management activities of Barclays Saudi Arabia ranging from Wealth Management activities and client service capabilities to the development and implementation of the Saudi wealth management strategy.

01/23/2012

Brooks Macdonald hits £3 billion

Brooks Macdonald saw discretionary assets under management jump by 11% in the final quarter of 2011 and pass the £3 billion mark.

01/22/2012

The rise of the overclass

We’ve all heard of the 'underclass’: now its mirror image – a super-rich elite that is equally cut off from the rest of us – is defining the political debate.

01/22/2012

Oxfam moves into fund world

The Small Enterprise Impact Investment Fund is a joint initiative between Oxfam GB and Symbiotics, a Swiss microfinance specialist.

01/22/2012

Rémy Cointreau in high spirits

The third quarter (from October to Christmas) was the French group’s strongest so far this financial year, with turnover increasing by a remarkable 30.5%, which sharply exceeded the group’s own forecasts.

01/20/2012

Major wealth group’s profits plummet 37pc

The Global Wealth Management Group reported $244 million in pre-tax income for the fourth quarter, down 37% from the $390 million the firm earned in the fourth quarter of 2010. At the same time, its pre-tax income of $1.3 billion for all of 2011 represent

01/20/2012

Weiser Capital rebrands

The new title will establish consistent firm branding and name recognition across all global platforms.

01/20/2012

Close Brothers reports asset management loss

Tough times are continuing at the Securities division of merchant banking group Close Brothers, but the Banking division continues to do well, with good growth in the loan book.

01/19/2012

Abu Dhabi fund backs UniCredit

The share sale, known as a rights issue, is being watched as a barometer of investors' willingness to recapitalize Europe's troubled banking sector.