01/06/2012
The City regulator is to warn Britain’s bank chiefs that it will reject their plans to pay out billions of pounds in bonuses unless they demonstrate that they are retaining sufficient capital to weather a worsening storm in the financial system.
01/06/2012
His role will see him strengthen the asset manager’s investment capability in the region as well as working on customised investment solutions for clients worldwide.
01/05/2012
He will help to promote and deliver these new initiatives into the market and link the group’s investment platform strategy and new restricted advice service.
01/05/2012
A notice filed with Companies House states the name of the wealth management part of the business was changed as of December 30.
01/05/2012
Credit Suisse has long been committed to international growth and particularly the emerging markets. The Bank has a long tradition in Latin America, having been active in serving clients in the region for 50 years.
01/05/2012
The bank is looking at leveraging its corporate and SME (small and medium enterprise) clients to increase the private banking customer base.
01/05/2012
The most recent analysis that ARC has put together, for Q3 2011, described the period as “the worst quarterly PCI results yet recorded”, including 2008. Its full-year 2011 analysis is expected to be available in around six weeks’ time.
01/05/2012
The bank says it never broke Swiss law during the period in question.
01/05/2012
SocGen to replace private bank head
SocGen, France's second-listed bank, is cutting jobs, selling assets and overhauling management under Chief Executive Frederic Oudea as it seeks to restore investor confidence after a brutal 2011.
01/04/2012
In India, the debate has moved from ‘Why should I give?’ to ‘Who should I give to?’ and ‘What should I give to?’
01/04/2012
The year was “nerve shredding,” says Michael McLintock, chief executive of M&G, the UK manager owned by Prudential.
01/04/2012
Accountancy firm says main challenge affecting investment managers’ profitability are “cautious clients”.
01/04/2012
Gresham joins Nuveen Investments' multi-boutique family of distinct and specialized asset management affiliates which includes Nuveen Asset Management, NWQ Investment Management, Santa Barbara Asset Management, Symphony Asset Management, Tradewinds G
01/04/2012
He joins Signia Wealth after spending over seven years at Société Générale Private Banking Hambros
01/04/2012
First the F1 Grand Prix, then the new casino resorts with celebrity chefs and theme parks, and now superyachts – is this Monaco, or once-sleepy Singapore?
01/04/2012
The wife of Switzerland’s central bank governor has accused critics of trying to destabilise the Swiss National Bank by focusing on her family’s private financial dealings.
01/04/2012
Nine out of ten wealthy South Africans regularly donate money to worthy causes, and will continue to do so into the future.
01/03/2012
As the boss of an Asia-facing London-based bank booming in a global crisis, Peter Sands explains why the UK must follow Standard Chartered's lead.
01/03/2012
IN the countdown to the close of 2011, with European banks caught in an ugly pincer movement, ANZ Banking Group chief executive Mike Smith began knocking on some doors.
01/03/2012
The terms of the deal have not been disclosed.