12/20/2012
Swiss wealth manager opens third Spanish office
With its reputation under attack, investors say there's no way of knowing how many risk-conscious clients will stick around while UBS atones for its Libor sins.
12/19/2012
A list of the wealthiest executives in the United Kingdom.
12/19/2012
City-State Is Surging as a Center for Private Banking as More Chinese Seek a Home for Their Cash
12/19/2012
A quarter of Swiss private banks are no longer operating profitably, with smaller wealth managers facing a “critical” situation, a KPMG report showed.
12/19/2012
It’s not yet clear how many, and to what extent, others have defaulted. But analysts say that if more flop and generate headlines like the Hua Xia case, a crisis in confidence could ensue, sparking a run on the wealth product market.
12/19/2012
Gregory F. Gatesman, designated Chief Operating Officer, will join on 1 February 2013 at the expected formal completion of the acquisition.
12/19/2012
Vistra now has two offices in Belgium - Brussels and Antwerp - from where it is able to offer local clients access to its network of 25 offices spanning 19 jurisdictions worldwide.
12/18/2012
Most countries worry about brain drain. China is worried about millionaire drain
12/18/2012
But chairman John Morschel defended the scheme, which was packed by 95% of shareholders, said Mr. Smith's pay packet was "perfectly reasonable" given Mr. Smith's track record in steering Australia's third-largest lender by market
12/18/2012
Skandia is now in a transition phase, helping advisers with the new platform.
12/18/2012
Liontrust has bumped up its exposure to Brooks Macdonald.
12/17/2012
The transaction is expected to be completed in the first quarter of 2013.
12/17/2012
Launched today with full FSA authorisation, the firm is partner-owned and funded, and will provide conflict-free advice based on a thorough and unbiased assessment of the market – principally to individuals, but also to trusts.
12/17/2012
The payments came after another strong performance for the group, which entered the FTSE 100 index earlier this year.
12/17/2012
"The work of these philanthropists and foundations in the context of the Middle East and beyond is truly inspiring,"
12/17/2012
FCA has already said it will break with tradition to name and shame errant individuals as soon as a probe begins.
12/16/2012
Bankers' bonuses would be capped at double the level of basic pay under plans being drawn up in Brussels
12/16/2012
According to PriceMetrix Inc., a Toronto-based company that advises U.S. and Canadian brokerage firms, the recruiting criteria that companies typically use could tilt them toward advisers whose best years are behind them.
12/16/2012
Now, as planned rules threaten his business model, he intends to raid fund managers’ profits.
12/16/2012
The impairment does not relate to Kempen's current activities.