10/08/2012
Boris courts French wealth
"We say to the people, not since 1789 has there been such tyranny in France," Mr Johnson joked, referring to the French Revolution. "I am very keen to welcome talented French people to London."
Wealth and Asset Management
10/08/2012
Boris courts French wealth
"We say to the people, not since 1789 has there been such tyranny in France," Mr Johnson joked, referring to the French Revolution. "I am very keen to welcome talented French people to London."
10/08/2012
Online private banking service aims to offer portfolios ‘for everyone’
The start-up is hoping to take advantage of this with its online service for anyone with at least £1000 to invest.
10/07/2012
Credit Suisse readies more New York-area layoffs
Credit Suisse Group will lay off another 78 employees in the New York region by year-end, its fourth round of cuts for the area this year.
10/07/2012
Wealthy Russians turn to private banks for lifestyle solutions
Various Russian asset managers and private banks offer art banking solutions.
10/07/2012
Sweden gets tough on millionaire tax dodgers
Over six billion kronor have come in from Switzerland and Luxembourg alone.
10/07/2012
Wealthy cut spending and limit investment
Leeds-based wealth management company Pearson Jones consulted 847 clients, most of them from Yorkshire and the North East.
10/07/2012
50 years of James Bond: Evening charity auction totals $1,214,448 at Christie's
Within the first 90 minutes of the auction every item listed had received bids originating from over 40 countries.
10/07/2012
Life’s Luxuries Cost a Packet for Wealthy Asians
The bank also published a lifestyle index based on a ‘basket’ of 20 luxury brands for sale in Hong Kong, Shanghai, Singapore, and Mumbai.
10/07/2012
EFG Financial Products announces initial public offering
Listing and commencement of trading is expected on 19 October 2012.
10/07/2012
Julius Baer gives details on rights issue
Julius Baer announced the acquisition of Merrill Lynch's overseas wealth management business in August as it seeks to expand in fast-growing emerging markets.
10/07/2012
Smith & Williamson: Approaching the promised brand
Since the middle of 2009 it has been focused on better name recognition in the outside world, starting with the wealth management community.
10/07/2012
Rathbones buys stake in HNW advice network
The stakes in the groups have been purchased from the founders of Vision and Castle, Roger Edwards and Paul Sweaton, and their spouses (the founders).
10/07/2012
Associations launch wealth management charter of quality in Luxembourg
In an environment where regulation and compliance for the wealth management industry are playing an increasingly important role in client relationships, the Charter of Quality sets out in a single document the overall guiding principles of the private we
10/07/2012
This is the Indian wealth mgmt century
Head of private wealth management at Deutsche Bank says it plans to double client AUM in three years
10/07/2012
Standard Chartered Private Bank to organize Art Auction and Exhibition for HNW Clients
The auction aims to raise funds in support of “Seeing is Believing”, Standard Chartered’s global initiative that helps tackle avoidable blindness.
10/07/2012
Ashcourt Rowan to lock-in top talent with incentivisation plan
‘We already have a great team at Ashcourt Rowan and we want them, and those that choose to join us in future, to be as closely aligned as possible to what we are looking to achieve. I believe the plan we are putting forward will do just that.&r
10/07/2012
Shareholder activism changing corporate approach to Executive Remuneration
The consultancy, which advises Remuneration Committees on Executive Pay issues, has identified it as the single biggest executive remuneration trend in 2012.
10/07/2012
Paradigm to launch asset management business
Advisers in the Paradigm Partners network who choose to become restricted after the retail distribution review
10/07/2012
Seven IM targets £600k annual savings as it converts to LLP
The change to a LLP, which is subject to regulatory approval, is expected to be completed by the start of next year, with around 25% of staff becoming partners under the new structure.