Managers of Wealth Offshore

Portfolio Solutions will be limited to individual and small institutional investors with more than $3 million in investable assets.

The deals boost client assets by approximately $450 million

A well developed financial infrastructure is a must for any real economic powerhouse in the world.

“Geneva is our stronghold in Switzerland.”

Revenue margin also improved.

Fund manager merger to be completed after regulator agrees deal.

Platform sees 10,000 clients set up on fee service since its launch in October.

UBS expects to report assets at its Securities and Exchange Commission-registered business rose 20 percent to $4.6 billion last year

Private banking's new play: schmoozing with a dynasty

Unit ahead of schedule, records 17% pretax margin in Q4; 'let's not get too wound up'

Also Friday, State Street announced it was cutting 630 jobs, or 2% of its workforce, this year “to capture further efficiencies and cost savings.”

It was said the increase reflected the success of the firm's investment strategy.

Deal may be finalised in a month

Chinese millionaires don’t sleep that much

Chief executive describes them as “strategic partnerships”.

Introduced a new product-neutral pay grid as the firm looks to stay competitive with industry standards.

“We have always been committed to being more than just a typical wealth management firm.”

Assets under management of £193.4 billion at 31 December 2012 were 3% higher than at 30 September 2012.

Fourth Quarter Results Included $1.3 Billion of Legal and Related Expenses

City firms planning to defer bonus payments until after top 50p tax rate drops to 45p