01/24/2012
Executive pay is 'unjustifiable', says City superwoman Nicola Horlick
City investment 'superwoman' Nicola Horlick has said it was wrong for executive pay to increase when company profits have struggled.
01/24/2012
City investment 'superwoman' Nicola Horlick has said it was wrong for executive pay to increase when company profits have struggled.
01/24/2012
No principals or staff from either firm will join SPW
01/23/2012
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 saw discretionary assets under management jump by 11% in the final quarter of 2011 and pass the £3 billion mark.
01/23/2012
Dimon’s pay package last year consisted of $1 million in salary, a $5 million cash bonus and $17 million in stock and options. JPMorgan increased his salary in March to $1.5 million.
01/23/2012
He joins from Rothschild Private Management, where from 2009 he was Head of UK Portfolio Management and sat on the Global Asset Allocation Committee.
01/23/2012
Morgan Stanley is close to selling a British wealth management unit to private equity firm...
01/22/2012
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
The Small Enterprise Impact Investment Fund is a joint initiative between Oxfam GB and Symbiotics, a Swiss microfinance specialist.
01/22/2012
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
£7.8 billion of new business won in the quarter
01/20/2012
The crisis of 2008 and the economic recession following it affected the perception investors have about wealth managers and financial services providers, leading to lower levels of trust. Therefore firms have to be more proactive and dynamic with their cu
01/20/2012
A network of 12 foundations spread across France, Spain, USA and Israel is at the pivotal point of transitioning from a traditional charity giving approach to strategic philanthropy.
01/20/2012
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
The new title will establish consistent firm branding and name recognition across all global platforms.
01/20/2012
Wealth managers’ margins are under pressure like never before, with increased demands from regulation, the rush to platforms and market gloom all eating into profits.
01/20/2012
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
Citigroup has a world of problems...
01/19/2012
The service is aimed at advisers who have clients seeking large loans but may be unable to secure them through mainstream lenders.
01/19/2012
The share sale, known as a rights issue, is being watched as a barometer of investors' willingness to recapitalize Europe's troubled banking sector.