02/02/2012
Hoare Govett had been one of the most historic and prestigious brands in British stockbroking for much of the 20th century, along with Cazenove, but analysts felt its brand value had been diluted after it got absorbed into ABN AMRO.
02/02/2012
Mrs Rinehart's wealth jumped as Korean steelmaker Posco bought a stake in her Roy Hill iron ore project, Forbes said on its website today.
02/02/2012
Andrew Marsh said the firm would be open to acquiring an independent wealth management firm that focuses on wealthy families, entrepreneurs, and business owners. He said the firm wasn't in talks with any possible targets now.
02/02/2012
Up to 100 Coutts staff face axe in restructure
Up to 100 of Coutts’ front office staff face the prospect of redundancy, following the bank’s decision to separate its wealth management and private banking functions in the run-up to the retail distribution review.
02/02/2012
Societe Generale to Close Private Banking Office in Bahrai
Societe Generale opened the wealth management office in Bahrain in November 2009 as part of its expansion in the region.
02/02/2012
City of London Wealth Management Awards - Voting starts
A total of 37 firms met the criteria for the company shortlist, verified by an independent panel of judges.
02/01/2012
As trading volumes varied by country and asset class in 2011, operating performance fluctuated among the Euroclear entities, with some experiencing year-over-year gains in some measures while declining in others.
02/01/2012
Shoulders, Adams Hall’s CEO, had recently acquired the ownership interests of F&M Bank & Trust Co. in Tulsa, said Martin Bicknell, CEO of Mariner Wealth. F&M Bank had owned more than half of Adams Hall.
02/01/2012
The index enables investors to benchmark the Australian equities market and therefore provides a powerful tool to those wishing to expand and diversify their investment portfolios in accordance with Islamic principles.
02/01/2012
This award is bestowed in six categories: Industry Contributor of the Year, Practice Management, Technology Innovator, Wealth Creator, Legacy Builder and Lifetime Achievement.
02/01/2012
The company said commission income, which fell to £17.5 million from £24.9 million a year earlier, had continued to fall into January but other income has held up.
02/01/2012
London-based banking giant named the World’s Most Valuable Banking Brand in 2012
This strong performance from the London-based banking giant stood out in its region; European banks performed miserably, making up 16 of the 20 “fallers” on the table.
02/01/2012
Teak forestry investment shows money really can grow on trees
Emerald Knight delivers fixed annual returns of up to 12.5% on timber investment, plus 1.5% bonus from thinning proceeds
02/01/2012
Asian entrepreneurs aim for greater wealth
The report, published by Standard Chartered, SEI Global Wealth Services and Scorpio Partnership, studied 3,300 high-net-worth individuals with an average of $2m worth of assets.
02/01/2012
Study on Women and Wealth Finds One Size Does Not Fit All
Family Wealth Advisors Council examines views of 551 affluent women across the country in inaugural Women of Wealth Study
01/31/2012
French banks intend to cut bonus payments for 2011 by between 40 percent and 50 percent, Le Journal du Dimanche reported, without saying where it obtained the information.
01/31/2012
Although the charities have expressed disappointment at Lloyds’ decision they say that they hope to explore other opportunities with the bank.
01/31/2012
Leading Swiss private bank to lay off 10% of employees In Germany
"Of 1,200 employees, we'll have to lay off about 10%," Hoerger told Die Welt, saying the layoffs would be completed by the end of the year.
01/31/2012
IBRC, the former Anglo Irish Bank, says it has decided to wind down its wealth management division.
01/31/2012
Putin demands wealth tax
The levy would be introduced in 2013 as part of legislation needed to reduce a massive gap between rich and poor, Putin said in a statement on his candidate website www.putin2012.ru.