03/05/2013
London and New York remain the top destinations for the world’s ultra-high net worth individuals to live and invest in but Asian cities are fast catching up, says Knight Frank’s seventh annual Wealth Report.
03/05/2013
Assets under management rose across the board for the six big banks that have reported first-quarter earnings - Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Can
03/04/2013
About 1,800 positions will go this year at the firm’s investment bank and 1,900 in its loss-making European consumer and business banking unit.
03/04/2013
Net income was 86.7 million Swiss francs ($92 million), compared with a loss of 95 million francs a year earlier, the Zurich-based company said today in its annual report.
03/04/2013
Other analysts are a little less optimistic saying only time will tell whether the lender is successful at improving its wealth management business, though the bigger lenders tend to benefit from the perception they are safe to invest with.
03/03/2013
Mass Affluent investors are looking for the same services that Millionaires have come to expect. When you learn how to get high net worth clients, you'll attract the Mass Affluent, as well.
03/03/2013
China should impose an inheritance tax on estates worth more than 5 million yuan ($803,000), which would raise 20 billion yuan a year in tax revenue and help narrow the wealth gap, claimed a report released Saturday by an institution specializing in incom