12/19/2011
The dollar index – which weighs the dollar against a basket of six other major currencies – rose to its highest level since January this week as investors expressed their frustration with the lacklustre outcome of last week’s EU summit.
12/16/2011
Such sustained, top-level commitment to a charitable cause has helped the bank’s success in raising more than $37m in eight years to fund 2.7m cataract operations worldwide in conjunction with staff and partners, including a donation-matching progra
12/16/2011
"After the incident of mis-selling, the bank had run a compliance audit and, in a bid to ease the selling process, the bank has decided to consolidate its business," said a person with knowledge of this development.
12/09/2011
This is particularly true for global finance where volatility has increased, liquidity is evaporating, and the role of government is pronounced but inconsistent.
12/09/2011
FSA chief Hector Sants holds hour-long meeting to hear views on changes to City regulation
12/09/2011
How will auto-enrolment affect advisers?
Commentators clash over pros and cons of small business delay and the implications for intermediaries.
12/09/2011
Helping clients stay abreast of personal finance matters is at the heart of a client-facing e-newsletter being piloted by Axa Wealth, the wealth manager has announced.
12/09/2011
The letter, seen by Money Marketing, says L&G is Axa’s annuity partner and a comparison of the two providers shows L&G would offer a higher income.
12/09/2011
The latest findings from the 2011 Expat Explorer survey revealed that Singapore is an ideal destination for expats relocating for money prospects.
12/09/2011
Household wealth, or net worth, is the value of assets like homes, bank accounts and stocks, minus debts like mortgages and credit cards.
12/08/2011
Statistically you are more likely to get divorced than switch your bank account – but Santander aims to buck this trend.
12/08/2011
In this two-part series on philanthropy, we will look at both sides of the coin–what advisors can and should do, and what they should not do or should consider turning over to a philanthropic consultant.
12/08/2011
This, coupled with full implementation of the Group’s financial cost controls and improved margins led to record breaking profit, all while delivering ongoing price reductions to our customers.”
12/08/2011
Mitchell and Jessica Horst, formerly of Morgan Stanley Smith Barney, announced their move to WWM on Friday and will anchor the Las Vegas office, located in Green Valley.
12/07/2011
A study by Kotak Wealth Management and Crisil estimates that there are around 62,000 UHNIs in India as of 2010-11, which is poised to rise to 219,000 by 2015-16, reflecting a total net worth of Rs235 trillion.
12/07/2011
$30 million of the $50 million will go toward scholarships for U.S. students, while the remaining $20 million will fund international students.
12/07/2011
With Obama again set to amp up the rhetoric today in Kansas, this episode is worth a look.
12/06/2011
The group that UBS joins comprises BofA Merrill Lynch, GETCO LLC, Goldman Sachs, Morgan Stanley, and Quantlab Group LP. Instinet Incorporated, a Nomura Group company, remains the largest equity holder through a subsidiary company.
12/06/2011
UBS told investors on Nov. 17 that it plans to increase the number of client advisers in its wealth unit outside the Americas to 4,700 from 4,252. Switzerland’s biggest bank adjusted its expectations for earnings and new assets as the economic slow
12/06/2011
Alec Letchfield, CIO of wealth management at HSBC Global Asset Management, also told the Reuters 2012 Investment Outlook Summit that he favored hedging tail risks stemming from the euro zone crisis via a diversified portfolio, skewed towards equities.