10/16/2012
President Vladimir Putin, who returned to the Kremlin for a six-year term in May, wants to boost the size of the middle class to as much as 70 percent of the population, while reducing the country’s income gap.
10/16/2012
Leading CAM’s institutional offering is Henley L. Smith
10/16/2012
UBS further expands wealth management operations in Australia
The other big players locally are State Street and BlackRock’s iShares.
10/16/2012
Hong Kong’s largest IFA seeks to expand product offering
The firm has a sales force of about 1,500 people and an estimated 60,000 customers
10/16/2012
The number of Arab millionaires investing in Britain in exchange for permanent residency has increased in the wake of the Arab Spring as investors look to flee political turmoil in their home country, financial advisors have told Arabian Business.
10/16/2012
Net income at the world's largest custody bank was $720 million, or 61 cents a share, compared with $651 million, or 53 cents a share, a year earlier.
10/16/2012
BNP Paribas Wealth Management has now passed an initial milestone
10/15/2012
Qatar is expanding in the Arab world's banking sector mainly through Qatar National Bank (QNB)
10/15/2012
The role of Rothschild, the investment bank, will be to provide a fairness opinion to judge whether the independent board members should accept the offer from the Bakries.
10/15/2012
NAB wealth division appoints new hedge fund adviser
"We selected DGAM based on their combination of investment, advisory and risk management knowledge and experience,” said Gareth Abley
10/15/2012
The bonus shares were awarded on the condition of the deal between the Bakries and Rothschild being a success.
10/15/2012
Vikram Pandit said Citigroup should reap benefits from acquisition-hungry Asian companies while a solution to the US “fiscal cliff” would unleash pent-up demand in the US.
10/15/2012
He was co-head of Credit Suisse AG’s investment bank in France, Belgium and Luxembourg since 2009, after spending more than 15 years at Morgan Stanley.
10/15/2012
Almost half (43%) of financial advisers do not feel confident that the industry has accepted the need to make fundamental changes to its business models to survive the changes imposed by RDR, according to new research from Heartwood, the independently own
10/15/2012
The firm ranked first in worldwide equity and equity-related offerings and common stock offerings for the year-to-date.
10/15/2012
Board praised Vikram Pandit's "leadership, integrity and resilience in guiding Citi through the crisis and positioning it well for the future."
10/14/2012
Meanwhile, the bank has been unwinding operations in other markets as part of its restructuring plans
10/14/2012
RBC Wealth Management, the world's sixth largest wealth manager by assets under management, is seeking small to medium-sized asset managers in Asia, and plans to more than double client manager numbers by 2015.
10/14/2012
Wealth management products, or WMPs, might be the best thing that ever happened to Chinese savers.
10/14/2012
Revenue decreased to $19.4 billion from $20.83 billion a year ago.