07/26/2012
Central to this programme is the view that professional bodies such as STEP have a key role in working constructively with tax authorities around the world to develop guidelines as to what constitutes abusive tax avoidance.
07/26/2012
Although Investec has a strong private banking and wealth management franchise, the economies of some of its key markets such as Europe have been hit by the eurozone crisis.
07/26/2012
The acquisition increased the Wealth Management Division's assets under management by approximately $1.0 billion.
07/26/2012
Embattled banking giant Barclays today revealed a potential £450 million bill for mis-selling complex financial products to unwitting small businesses.
07/26/2012
Investment management firm blames “challenging” market conditions and “entrenched” economic uncertainty for fall in revenue.
07/26/2012
The group said it had a war chest of 600 million francs and was looking for deals as it reported better-than-expected results for the first half of 2012.
07/26/2012
Top 10 global custodian being rebranded RBC Investor Services
07/25/2012
Wealth management, an industry long accustomed to steady growth and healthy profits, is now facing significant headwinds — and opportunities.
07/25/2012
Pretax operating margins within the wealth management division increased 11.6% compared to 11.3% a year ago due to cost-cutting that “helped to offset the impact from low interest rates.”
07/25/2012
The move in Hong Kong reflects increased demand for gold in Asia even as the commodity struggles to sustain its rally into a 12th year.
07/25/2012
The investment-banking and wealth-management company had seen its profits decline in recent quarters as market volatility challenged its revenue growth.
07/25/2012
Funds under management of £30.9 billion up 8% since the start of the year
07/25/2012
Rathbone Brothers saw its assets under management grow by 5 per cent in the first half of the year, rising to £16.7bn.
07/25/2012
Germany's Oldest Private Bank Calls for Bank Separation
The danger and potential expense posed by an investment bank to a retail bank are just too great, the reformers argue.
07/25/2012
Arbuthnot Banking Group has continued with the transformation of its business and has traded strongly in the first half of 2012.
07/25/2012
Advisers with high net worth clients should not ignore liquidity requirements
Cash is king... but shouldn't it also be managed?
07/25/2012
In its wealth, asset finance and international business, which includes the bank's wealth management arm, Lloyds reported a £995 million loss, despite growing its affluent and high net worth customer numbers
07/24/2012
Europe and UK also reported below average confidence in their local economies compared to advisers in Asia who are significantly more confident in their local economies than the global economy.
07/24/2012
“The downside is the bankers assigned to such a service are typically young and eager to progress up the ranks, meaning if they are any good they move on rapidly, and building a personal relationship is difficult. But value for the service is good,&
07/24/2012
Pictet Wealth Management says it is able to build market share in Spain because of its ability to manage foreign accounts on behalf of local clients.