02/14/2012
Swiss wealth manager to move some Global functions to Singapore
“I would not exclude that in the next few years we could have even more global functions being based out here.”
02/14/2012
Fired CEO of wealth management firm sues in dispute over sick leave
The former chief executive of a wealth management firm is suing for wrongful dismissal after he was fired following a row over medical leave.
02/13/2012
This phenomenon, the "wealth gap," is not new and we have become used to the fact that, with few exceptions, particularly in developing countries the wealth disparity is growing steadily.
02/13/2012
The Swiss bank, hit in 2011 by a rogue trading scandal and still clawing its way back from a financial crisis bailout, is slashing 2011 investment bank bonuses by 60 percent, a steeper drop than most rivals.
02/13/2012
Industry Veterans Anne Marie Levin and Isabel Pryor join Key National Trust Company of Delaware to offer trusts for asset protection, tax savings and flexibility
02/13/2012
Does that mean the public focus on income disparity generated by the Occupy Wall Street movement had an impact on these billionaires?
02/13/2012
HSBC private bank names new European head
He has left “to pursue other interests,” HSBC said. Lisa Baitup, a London-based spokeswoman for the bank
02/13/2012
Germany's oldest bank takes on London
Bolsters London Private Banking Team
02/13/2012
In an environment of moderate growth, low inflation and deleveraging, EUR high yield short dated bonds offer an attractive risk/return profile in a European market that has matured at a rapid pace over the past several years.
02/13/2012
Since 2008, Mercer has been assigning ESG ratings to investment strategies that span asset classes and geographic regions.
02/11/2012
Is bashing barclays bankers justified
As Barclays reveals its profits Channel 4 News Business Correspondent Sarah Smith asks if, in this case, it is time to stop the popular pastime of banker bashing?
02/11/2012
The government plans to play down the significance of banker bonuses over the rest of the bonus season as it attempts to call a truce in the war of words between politicians and bankers.
02/11/2012
Wealthier savers should be stripped of the higher-rate tax relief on pensions, Chief Secretary to the Treasury Danny Alexander suggests, in a move that will increase pressure on George Osborne to make the rich pay more.
02/11/2012
City Asset Management has seen its pre-tax profit fall 98% as ‘sluggish’ markets hampered growth.
02/10/2012
The CISI, which represents 40,000 financial services practitioners worldwide working in the securities and investment sector, published its policy on bonuses in 2008.
02/10/2012
It is the fourth time in a row that Nordea is at the top of this ranking. Nordea is also named the best provider of private banking services in Sweden
02/10/2012
The recently renamed Irish Bank Resolution Corporation, which includes the assets of Anglo and Irish Nationwide, yesterday announced that it was entering exclusive talks with Dublin-based Key Capital on the deal.
02/10/2012
Barclays Wealth has tapped eight financial advisors to join its Los Angeles and Chicago forces in its latest move to bolster its Americas expansion strategy.
02/10/2012
Small private banks said to face bleak future
He said the strong Swiss franc and the tax row with the United States were adding to the difficulties.
02/10/2012
Named Best Private Wealth Manager Managing Over $5 Billion