06/25/2013
Asia’s Wealth Is an Elusive Target for Private Bankers
So far, global banks have focused on setting up hubs in Hong Kong and Singapore as centers for wealthy Asians from China, Taiwan and Indonesia to preserve and manage their wealth.
06/25/2013
UBS Says QE's End May Render Gold 'Obsolete'
"With the Fed indicating that economic downside risks have diminished,
06/25/2013
US institutions to expats: 'Take your retirement account elsewhere – now'
First American expatriates were told that their bank accounts weren’t welcome, either in the US or in their new countries of residence
06/25/2013
Independent financial advisory service the deVere Group has today confirmed the appointment of Peter Hobbs as a non-executive director to its board, with effect from 1st July 2013.
06/25/2013
Macquarie sent a memo to its private wealth advisers last week telling them they don’t get bonuses any more unless they make the bank enough in portfolio management fee
06/25/2013
“This is an exciting move for the Corporate Banking team that will enhance our facilities and ideally place us to provide greater support and accessibility to all our clients.
06/25/2013
Independent investment bank Rothschild reported a 16 percent rise in net profit thanks to cost cuts and gains in its M&A and advisory business
06/25/2013
In order to provide an unparalleled level of service and expertise the Bank has partnered with the leading international art advisory firm
06/24/2013
The latest Chelsea RedZone is now available. It highlights the worst performing funds over the last three years. Want to check if any of your funds are included?
06/24/2013
MM’s undercover adviser wonders why those creating the rules are not subjected to the same scrutiny he is
06/24/2013
This acquisition brings 16 new advisers, including all 5 shareholder directors of Shape Financial
06/24/2013
Barclays adds to wealth arsenal with Southeast opening
The branch will offer a range of private banking and wealth advisory services as well as corporate banking through a team led by Mark Moran.
06/24/2013
The scale of the challenge faced by UK banks to regain the trust of the public has been highlighted by a CISI survey.
06/24/2013
FEIFA has announced a new partnership with Brooks Macdonald Funds (BMF).
06/23/2013
UBS to Shut India Wealth-Management Unit
The move is part of the company's global strategy of focusing only on "core strengths" in each country where it operates and on businesses that require less capital, the person said.
06/23/2013
UK wealth managers turn Americans away
American citizens living in the UK are struggling to get financial advice as private client and wealth managers turn away clients with links to the US.
06/23/2013
The Hongkong and Shanghai Banking Corporation Club was recognised by the Rugby Football Union in 1887
06/23/2013
Credit Suisse to hand bank staff names to US
The Credit Suisse bank is to disclose the names of more of its staff to the United States authorities
06/23/2013
"We expect this approach to be more effective and swift in slowing shadow activity than previous efforts, which have focused predominantly on rules and regulation."
06/23/2013
Switzerland will not cede its crown in wealth management - Boris Collardi
Globally, Singapore is third, but is expected to pip New York to second place in 10 years.