03/14/2013
Morgan Stanley Gets Green Light on Deal for Wealth-Management Unit
Morgan Stanley may buy the rest of its wealth-management joint venture from Citigroup Inc.
03/14/2013
Hedge fund tycoon collects £1.7m from bet on Trinity Mirror slide
He took a £10m bet against the firm last November, although he told The Independent he "didn't dislike the company".
03/14/2013
The comeback continues for the fourth year, after millionaire households declined to 6.7 million in 2008
03/14/2013
Some employees will probably leave London and would rather go to New York or Zurich," he said.
03/13/2013
Withers to launch new non-legal consultancy
The consultancy will be run by two acknowledged leaders in the consulting field, Kenneth McCracken and Amelia Renkert-Thomas.
03/13/2013
Bank holding companies saw a dip in wealth management income in the first three quarters of 2012
03/13/2013
Ermotti was UBS's highest earner in 2012, pipping Americas head Robert McCann, who was the Swiss bank's top earner in 2011.
03/13/2013
John K. Lynch has been hired as a senior financial consultant
03/13/2013
The implementation of the Retail Distribution Review has created a significant upswing in the number of IFAs partnering with DFMs.
03/13/2013
Investec Asset Management Employees Buy Stake for $269 Million
“Investec and Investec Asset Management strongly believe that institutional clients are attracted to asset management companies that have significant operational independence and alignment of incentive structures to long-term performance,” the
03/13/2013
Wealth-X has released a statistical profile of the average Middle Eastern ultra high net worth individual (UHNWI) based on proprietary demographic and wealth indicators.
03/13/2013
Escuela de Finanzas’ Masters Programme is a five part course covering Financial Markets, Portfolio Construction Theory, Applied Wealth Management, Islamic Finance and Skill Management.
03/13/2013
Mr Bramson said 2012 was “a year of significant change” as the firm sought to cut costs
03/13/2013
He also warned that the cap would undermine the system of bonus clawbacks for misbehaviour and poor performance, the FT said.
03/13/2013
Barclays demonstrates commitment to UK expansion with new office in Yorkshire
It is the sixth Wealth and Investment Management office opened by Barclays in the past eighteen month
03/13/2013
Last year this figure was 96, highlighting how fast wealth is being created in the Middle Kingdom. In addition, China has more than one million millionaires.
03/12/2013
Wheatley, who will lead the FCA, said he will set up a wealth-management supervision department to increase oversight.
03/12/2013
The French fund house, which aims mainly to sell its wealth management products, opened its office in Hong Kong in early November last year.
03/12/2013
Revenues rose by 23% to £31.46m and the interim dividend of 6.5p per share is 8% up on last time.
03/12/2013
UBS CEO says no plans to sell U.S. wealth management arm
There has periodically been speculation that UBS might sell the U.S. wealth management business as its broker-based model is different from UBS's larger private bank.