05/14/2012
he fine by the Financial Services Authority and the Securities and Exchange Commission related to the use of millions of dollars of investors' money to prop up failing investments held by the company. Mr Ruffle,
05/14/2012
Of the super-rich individuals in Shanghai, 75 per cent are business owners. Real-estate investors account for 15 per cent. And finally, professional investors account for 10 per cent of super-rich individuals in Shanghai.
05/14/2012
. Indians are no different. As a result,
05/14/2012
the Forbes list of billionaires worldwide
05/14/2012
Credit Agricole Suisse, a private bank belonging to the Credit Agricole Group is targeting a significant share of the private wealth management mandate in the Gulf and the Middle East, its top officials said in a recent interview with Gulf News.
05/14/2012
Moscow is now the new home for billionaires all over the world.
05/11/2012
Vestra’s new service will be available to IFAs to outsource to once permission comes through from the US regulator, the US Securities and Exchange Commission.
05/11/2012
The Bermuda bank’s UK operation is among a growing number of foreign private banks entering the London mortgage market by offering home loans in excess of £1 million.
05/11/2012
The Middle East and Africa generated about 5 billion pounds ($8 billion) of revenue for Barclays last year, about 15 percent of the global total, according to the London-based company’s annual report.
05/11/2012
Wealth manage signs up to Liverpool Futures apprenticeship scheme
The St Paul’s Square-based wealth management company is supporting the Liverpool Futures initiative, a Community Interest Company created by Liverpool Chamber of Commerce, Liverpool Council and Liverpool City College to boost employment in the city
05/11/2012
More than $25 trillion (€19.32 trillion) is expected to pass from one ultra-high net worth generation to the next by 2050, but issues over giving up control and empowerment are affecting decisions about wealth transfer.
05/11/2012
Rothschild in major Middle East scale back
The cutbacks signal the extent to which some global banks are struggling to win business in the region, after launching ambitious plans during the boom years.
05/11/2012
Lloyds TSB Private Banking has streamlined its high and ultra-high net worth private client divisions by merging the two departments into a single unit.
05/11/2012
Credit Suisse makes senior management changes
Credit Suisse today ( May 11) announced the following changes to its Executive Board, effective May 31, 2012.Credit Suisse today ( May 11) announced the following changes to its Executive Board, effective May 31, 2012.
05/10/2012
Portfolio Team Continues to Recommend Munis; Favors U.S. Large Cap Equities and Frontier Market Exposure vs. Developed European Stocks
05/10/2012
Nearly 46 per cent of the revenue received by Merrill Lynch's Global Wealth Management unit last year came from just 21 per cent of its top-producing brokers, about 2,500 people, according to copies of the reports reviewed by Reuters.
05/10/2012
The independent provider of personalized investment and wealth management services stated that net operating income in Investment Management increased 11.8 percent year-over-year during the first quarter to 37.9 million pounds from 33.9 million pounds rep
05/10/2012
The U.K.-based bank didn't elaborate on the talks or give financial details in a brief statement to the Hong Kong stock exchange, but said it will make a further announcement "if and when appropriate."
05/10/2012
Noah Holdings Limited, the leading independent service provider focusing on distributing wealth management products to the high net worth population in China, today announced its unaudited financial results for the first quarter of 2012.
05/10/2012
Stifel Financial Corp.'s first quarter profit increased 11 percent in the first quarter.