12/27/2011
Affluent individuals shy away from sharemarket in favour of cash
AUSTRALIA'S wealthy are abandoning new sharemarket investments in droves for the safety of cash, according to a new report.
Wealth and Asset Management
12/27/2011
Charity Begins at Home for American Billionaires
‘Tis the season for giving and family.
12/27/2011
Banks and ABI to hold talks over 'out of control' bonuses
Major shareholders are preparing to meet top UK bank executives "behind closed doors" in the new year to thrash out concerns over excessive pay ahead of the crucial bonus season.
12/26/2011
Good time for NRIs to invest in India
If investors do not want to take risk of price volatility, then fixed maturity plans are also good options as the tenures of these plans are matched with the underlying instruments. — Mr Vishal Kapoor, Head — Wealth Management, Standard Charte
12/26/2011
India’s new elite will head towards alternatives - Research
Between now and 2016, the wealth of India’s richest is expected to treble and many of these wealthy individuals are eager to invest in alternative asset classes, claims AAA.
12/26/2011
Schroders 2012: A year in the global economy
Keith Wade, Chief Economist & Strategist, and Azad Zangana, European Economist, look ahead into 2012
12/26/2011
Merrill’s 2012 Pay To Drive Advisers To Richer Clients
Merrill Lynch’s 2012 pay plan for advisers drives home an important message: focus on richer clients.
12/26/2011
Archbishop queries bankers' bonuses
Writing in the Yorkshire Post, the archbishop said the UK needs a "sustainable steady economy in which the emphasis is placed on greater equality".
12/26/2011
Singapore sits moodily atop wealth pole
When it comes down to it, Singapore can be almost as Wall Street as Wall Street
12/22/2011
Coutts makes senior appointment in Jersey
He has lived in Jersey for over 6 years and came to the island to take up a role with RBS International.
12/19/2011
The Truth About Wealth
A November Federal Reserve study, meanwhile, found that a third of the people in the top 1% in 2007, as measured by wealth, were no longer in the top 1% in 2009.
12/19/2011
Saudi billionaire buys Scotsman Hotel Group out of administration
The group’s other hotels include the five-star Scotsman Hotel in Edinburgh and the deluxe Hotel de la Trémoille in Paris.
12/19/2011
Towry Head Of Wealth Advice In 50 Most Influential’ List
Andy joined Aitchison & Colegrave (now Towry) in 1995, then Scotland’s largest privately-owned independent financial adviser. He’s passionate about financial planning and the delivery of unbiased, professional and well informed advice that
12/19/2011
Wealth firm reaches 25-year milestone
Dave Young, president and founder of Paragon Wealth Management, started The Center for Financial Excellence in 1986 to give investors an opportunity to do more with their money.
12/19/2011
IRB chairman welcomes HSBC Sevens World Series move to Glasgow
Glasgow will now host the penultimate round of the Series from May 5 and 6 next year and the Lapasset, recently re-elected as chairman of the IRB for another four-year term, has expressed his delight.
12/19/2011
Dollar trumps gold as safe haven
The dollar index – which weighs the dollar against a basket of six other major currencies – rose to its highest level since January this week as investors expressed their frustration with the lacklustre outcome of last week’s EU summit.
12/16/2011
Charity begins at the office
Such sustained, top-level commitment to a charitable cause has helped the bank’s success in raising more than $37m in eight years to fund 2.7m cataract operations worldwide in conjunction with staff and partners, including a donation-matching progra
12/16/2011
Managing wealth as an expat
While portability and flexibility are key when it comes to handling your finances as an expat, it may also pay to keep investments in a single location
12/16/2011
Standard Chartered Bank to consolidate unit's private banking business
"After the incident of mis-selling, the bank had run a compliance audit and, in a bid to ease the selling process, the bank has decided to consolidate its business," said a person with knowledge of this development.
12/09/2011
Safer banks will strike balance between private gains and the common good
This is particularly true for global finance where volatility has increased, liquidity is evaporating, and the role of government is pronounced but inconsistent.