07/31/2013
SocGen second-quarter profit more than doubles
Quarterly net income soared to 955 million euros (837.50 million pounds) from 436 million in the year-ago period, while revenue slipped 0.6 percent to 6.23 billion, the bank said on Thursday.
Wealth and Asset Management
07/31/2013
Attracting Ultra-Wealthy International Clients
An RBC Wealth Management advisor based in New York, had a busy practice helping executives of public companies
07/31/2013
Consultation launches on bankers bonuses
The European Banking Authority (EBA) has launched a consultation on the different tools that banks can use to meet the standards of the bankers’ bonus cap legislation.
07/31/2013
Wilcocks & Associates targets £100m of funds under management
He and Mr Wilcocks were former colleagues in the wealth management division of Barclays and Mr Duddridge has extensive financial sector expertise.
07/31/2013
Wrexham-based Hadlow Edwards Wealth Management opens new office in Chester
The official launch of the office was conducted by St James’s Place Wealth Management’s executive director for the North West and North Wales, Matt Quinn.
07/31/2013
Specialist wealth management firm launches in UK
They adopt a new-model of investing
07/31/2013
Investec posts flat operating profit
This Interim Management Statement is issued by Investec in accordance with the UK Listing Authority's Disclosure and Transparency Rules.
07/30/2013
SJP tipped to pick up orphan clients in RDR world
Stable bull markets have helped SJP achieve exceptional results
07/30/2013
Brewin Dolphin reports good performance in the third quarter
The Group recorded a good performance in the third quarter to 30 June 2013.
07/30/2013
St James's Place hikes dividend 50 pct as sales rise
Net inflow of funds under management of £1.99 billion (2012: £1.51 billion) up 32%
07/30/2013
Vontobel's asset, wealth management drive profit rise
The Swiss bank said asset management and private banking together contributed two thirds of total profits, almost doubling in two years as Vontobel seeks to be less reliant on its investment banking business.
07/30/2013
BNP Paribas Second Quarter Profit Falls 5%
Stable and resilient revenues: Q2 2013 revenues were €9.9 bn, down 1.8% vs Q2 2012, but revenues stable at operating divisions level
07/30/2013
F&C sees profit rise on cost-cutting drive
Net revenue increased by 4.8% to £126.1M
07/30/2013
Wealth managers neglecting clients
The number of people looking for a new wealth manager because their existing adviser is neglecting them has doubled in a year.
07/30/2013
ANZ becomes fourth bank to open gold vault in Singapore
As banks follow the trail of gold to Singapore, ANZ has become the latest to set up a dedicated gold vault here.
07/30/2013
OP-Pohjola wealth management earnings jump 125%
Finnish financial group OP-Pohjola has reported a 124.9% increase in pre-tax earnings from its wealth management business in the first two quarters of 2013, compared to the same period last year.
07/30/2013
Most Investors are Concerned About Maintaining Their Current Financial Position: Survey
A Spectrem research study indicates that most High Net Worth investors are concerned about maintaining their current financial position.
07/30/2013
Cracking Open the HNW Wallet
A new study by Aite Group found that firms need to invest more in data management and analytics technology to win a larger share of HNW wallets.
07/29/2013
Nicola Horlick seeks gold on silver screen
Nicola Horlick, the former City fund manager once dubbed Superwoman, unveils a new asset management business with plans to raise a $100 million fund to finance Hollywood movie-making.
07/29/2013
Advising Aussie’s biggest Wealth Transfer
Within the next 20 years, 70% of Australia’s financial assets will be held by Generations X and Y.