Managers of Wealth

What happens when your figurehead suddenly dies?

Succession planning is a phrase that only the brave whisper within partnerships.

Russia to sell precious metals, jewels worth $383m in 2012

The repository also plans to buy up to three tons of gold for five billion rubles and diamonds from the country's state-owned diamond monopoly Alrosa for four billion rubles this year to replenish the reserves.

Credit Suisse temporarily suspends issuance of ETN product

As disclosed in the pricing supplement relating to the ETNs under the heading "Risk Factors—The Market Price of Your ETNs May Be Influenced By Many Unpredictable Factors," the market value of the ETNs may be influenced by, among other thin

Leadership: It's a Female Thing

The loft was filled with talented and accomplished women of wealth -- women who were personally wealthy or those who pulled the strings at some of New York's top financial institutions.

Luxury Home Values Stable in Fourth Quarter of 2011

First Republic Bank produces the Prestige Home Index each quarter with Fiserv CSW Inc., a leading provider of automated property valuation services and home price metrics to U.S. financial institutions.

RBS loses £2bn and hands £785m in bonuses

The Royal Bank of Scotland has risked taxpayer fury as its bonus payments outstrip the size of its losses in 2011.

Bank Sarasin Profit Declines 22%

Bank Sarasin & Cie. AG, the Swiss wealth manager being acquired by Safra Group, said full-year profit dropped 22 percent as clients withdrew money in the second half.

MPACT Financial Establishes Itself as an Independent Wealth Management Company in Dallas

MPACT helps individuals, families and business owners manage risk in all phases of investing with an exclusive focus on Retirement Strategies, Estate Conservation and Business Succession Strategies.

SJP rolls out code of conduct for advisers on trail

Wealth manager St James’s Place (SJP) is rolling out "minimum service standards" for its advisers to ensure trail commission and ongoing fees are being levied fairly.

New wealth management division explores scaled advice

The decision to explore limited or scaled-advice options stemmed from demand by the company's bank customers for Bendigo and Adelaide Bank's low-cost super offering, SmartStart Super, Tullio said.

HSBC To Overhaul UK Bonuses

HSBC, which will report its full-year results for 2011 next Monday, is to issue tens of millions of pounds in new shares to cover any bonuses of more than £50,000 awarded to UK-based employees, people close to the bank tell me.

Chastened UBS uses 150th events to polish image

The bank has been back in the headlines for the wrong reasons this month after it posted poor results for the last three months of 2011 and over its involvement in a global inquiry into a conspiracy to manipulate interbank lending rates.

Bankers, Watch Your Bonus, It May Be Revoked

Swiss bank UBS is taking back 50 percent of share-based bonuses over 2 million Swiss Francs ($2.2 million) paid to investment bankers in 2011, after a profit plunge for 2012.

Coutts in Manchester goes to new heights for local charities

The money raised will be split between four charities.

Asset International to Launch Philanthropy Management in March 2012

Focused on the financial, operational and strategic services that support sustainable giving - the 'how' of modern philanthropy

UBS launches Israel wealth management unit

The reason we didn’t acquire a company is that there is no company or investment house in the market that suited the concept that we want to bring to Israel.

Record year for St James's Place

“Whilst the road to recovery for the UK economy is likely to remain challenging, the need for trusted financial advice is greater than ever. Given the market opportunity available to us, together with the continuing growth and development of the Par

Barclays Wealth expands advisory service to Monaco

Barclays Wealth today announces that it has extended its Wealth Advisory reach and is now able to offer services directly to clients in Monaco.

Threadneedle systems catch £95m 'rogue trader'

Success contrasts with UBS and Societe Generale where dodgy trades initially went unnoticed

Lord Rothschild and Prince Charles launch alternative energy venture

The group has committed more than £65 million to Tamar Energy, which launched today.

Wealth and Asset Management