01/26/2012
Wealthy Chinese are snapping up gold, Rolls-Royces and yachts, Louis Vuitton, Chanel and Gucci faster than ever before, with increases registering not in baby steps, as a decade ago, but in giant leaps — 20, 50, even 80 percent, year on year.
01/26/2012
Charles Wang Hongxin, chief executive of E Fund's Hong Kong branch, said distributors including banks require more time to familiarize themselves with the new products.
01/26/2012
HSBC may sell HSBC Premier, the division that targets wealthy individuals in Japan, the people said on condition of anonymity because the plan isn’t public. The London-based bank has started an auction for the business, and may shut it if offers are
01/26/2012
Throughout the decades, Americans have elected very wealthy men to the White House without any fanfare. Yet with record rates of unemployment that many are experiencing over a period of years, the issue of class in the U.S. has gained a new significance.
01/26/2012
This is according to the research findings commissioned by a grouping of wealth management companies seeking to determine the value of the total industry.
01/26/2012
Charles Stanley plans to hire more staff in Leeds, despite the downturn in financial markets.
01/26/2012
For 66 years, they lay unseen, first in a vault on the Upper West Side, more recently in a special cabinet.
01/26/2012
Turnover increased by £5.6 million to £16 million over the period, while partners invested £2.2 million back into the business.
01/26/2012
He joins Barclays Wealth as director within the bank's Glasgow team.
01/26/2012
CFM Partners, headquartered in Zurich, is specialized in advising and executing corporate acquisitions, disposals and mergers as well as corporate valuations for banks and financial services companies.
01/26/2012
The beginning of the year is usually a busy time for bankers and recruiters as many staff members wait to get their bonuses before setting off to a rival.
01/26/2012
Barclays has earmarked its wealth management business for growth during 2012, according to chief executive Bob Diamond.
01/26/2012
STEP & EAPG have developed this educational series comprising five stimulating and thought provoking events.
01/25/2012
Warning against the introduction of any measures that might merely serve to endanger growth or jobs in Austria, the organizations put forward a series of targeted tax proposals, expected to generate additional tax revenue totalling around EUR4.5bn.
01/25/2012
The survey was published as CEOs including Mark Parker of Nike Inc. and Brian Moynihan of Bank of America Corp. gather in the Swiss ski resort of Davos for the World Economic Forum’s annual meeting.
01/25/2012
The emirate is now home to the highest concentration of billionaires in the region - there are 14 of them - and ranks 18th globally.
01/25/2012
The Swiss bank is considering offering pension schemes for companies operating in the Emirates in a similar fashion to the 401(k) scheme in the US, where both companies and employees invest in a pool of assets overseen by external fund managers.
01/25/2012
The survey of about 1,000 individuals with $250,000 or more in investable assets is conducted every six months, and the full results should be released in February.
01/25/2012
As part of the strategic partnership, which will offer Alexandra & James an array of services, Dynasty Financial Partners will provide the capital to help A&J add advisors to its wealth management firm.
01/25/2012
Radical changes will continue to hit industry in 2012: Aite Group report