03/28/2012

AXA Wealth announces restricted advice model

The package, which will run alongside its existing independent advice model, is expected to be available in the market in Q2, and will offer a flexible, bespoke approach to what AXA Wealth currently offers by way of support and pricing.

03/28/2012

EU lawmakers want tougher rules on banker bonuses

The bloc's parliament and member states are approving a draft law to implement Basel III, global rules to toughen up bank capital and liquidity requirements from 2013 to plug regulatory gaps highlighted by the financial crisis.

03/28/2012

TV Journalist Starts Woman-Owned Advisory Firm in Manhattan

Back in 2010, Financial Planning featured Wong Ulrich on its cover with a story she authored about the changing face of financial planners. In the piece she argued that more planners of color are needed to serve the growing ranks of wealthy minorities.

03/28/2012

Citigroup Study Shows Asian Rich Topping North American

The number of Asians with at least $100 million in disposable assets overtook North America’s tally for the first time as the world’s “economic center of gravity” continued moving east, Citigroup Inc.’s private bank said.

03/28/2012

Citigroup Study Shows Asian Rich Topping North American

The number of Asians with at least $100 million in disposable assets overtook North America’s tally for the first time as the world’s “economic center of gravity” continued moving east, Citigroup Inc.’s private bank said.

03/28/2012

RBC Pushes to Double Wealthy-Client Assets in Emerging Markets

Royal Bank manages about $20 billion for customers living in those markets through local offices and wants to expand that to $50 billion, Barend Janssens, head of wealth management in emerging markets for the Toronto-based lender, said today in an intervi

03/28/2012

Will the British Rich Stop Giving?

The U.K.’s new budget has ignited all manner of class warfare. Retirees say it’s a gift to the rich at the expense of the poor. The wealthy say it’s another attack on success and job creators.

03/28/2012

Coutts investment complaints up 32% on year

Coutts has continued to see a steady increase in the number of client complaints filed with it, with banking complaints up almost 10% on the year before and investment complaints up 32.1%.

03/27/2012

Canadian 'women of means': a force to be reckoned with

According to the latest poll from Investors Group, the majority (61 per cent) of Canadian working women in relationships feel accomplished in their ability to earn good money and more than half (51 per cent) say they are personally fulfilled by their work

03/27/2012

Banks Offer Perks With Asian Touch to Clients

Add to Portfolio * Go to your Portfolio » Offering a platform of products tailored to the needs of Asian clients, who naturally tend to favor Asia-centric products, is a must, of course.

03/27/2012

Business group seeks to boost philanthropy in Israel

On their website Committed to Give, they disclose their names, and call for a critical mass of donors and donations. "We are driven by a sense of responsibility and commitment to the wellbeing and cohesion of Israel’s civil society," they

03/27/2012

Towry reignites IPO speculation

If markets avoid a fresh round of volatility, the privately-owned wealth manager could float within the next 18 months.

03/27/2012

Abu Dhabi royals involved in RBS talks

A source familiar with the matter said Amanda Staveley, a businesswoman notable for her Middle Eastern connections, was advising the emirate's rulers.