07/02/2013
Bonus Limit for Fund Managers Rejected in EU Parliament Vote
The European Parliament narrowly rejected proposals to ban fund managers from receiving bonuses amounting to more than their annual salary
Wealth and Asset Management
07/02/2013
AWD Chase de Vere profits hit as it braces for Keydata fight
Independent financial adviser Chase de Vere has posted a £11.6m loss for 2012
07/02/2013
McManus & Associates Named Finalist for STEP Private Client Awards
The STEP Private Client Awards highlight excellence among private client solicitors/attorneys
07/01/2013
Syz Group positions for better days with expansion plans
Swiss-based Syz & Co Group, encompassing the three business lines of private banking, institutional asset management and Oyster Funds
07/01/2013
BNY Mellon on track for managed accounts business in HK
BNY Mellon has received licence approval from the Securities and Futures Commission for its new dedicated Hong Kong-based subsidiary to establish a separately managed accounts business.
07/01/2013
Government 'to ask Rothschild to advise on RBS split'
The Government is this week expected to ask Rothschild to advise it on separating RBS into a good bank and bad bank.
07/01/2013
Gold tumble sparks wealth switch
Individual mainland investors are no longer in a rush to buy gold.
07/01/2013
Mirabaud, following Pictet and Lombard Odier, abandons unlimited liability
The ownership as well as the group’s management will remain in the hands of the current managing partners
07/01/2013
Julius Baer takes on Merrill Lynch’s advisers
The integration of the new businesses is moving ahead swiftly and in line with the original plans.
07/01/2013
Ashcourt Rowan plans workplace push as earnings increase
he wealth management firm said it planned to develop its workplace pensions business to increase its market share
07/01/2013
Peak Financial Group enhances its offering with the addition of portfolio managers and the creation of the division Peak Private Wealth
President and CEO of Peak Financial Group, is pleased to announce the arrival of well-known and highly respected portfolio managers
07/01/2013
Seven firms which could buy Deutsche's regional wealth arm
Wealth Manager broke the news that Deutsche Asset & Wealth Management is readying a sale of its regional network and the bulk of the former Tilney business that it acquired in 2006.
06/30/2013
Singapore is world's most fertile land for millionaires
What is needed is a sound sense of personal investment and finance, and not business acumen or family wealth
06/30/2013
Lombard Odier Named 'Best Private Bank'
The firm of private bankers has won an award from the Banker Middle East Industry Awards for the second consecutive year.
06/30/2013
Private Banks Leave Switzerland as End of Secrecy Hurts Profits
For European lenders with private-banking aspirations, a presence in Switzerland used to be a must
06/30/2013
RBC aims to double assets under management in Asia
Increased compliance cost is one of the greatest challenges facing wealth management firms
06/30/2013
Global bosses consider UAE a safe bet than Switzerland, South Korea: Survey
The world’s developed countries make a surprisingly strong showing in this year’s survey
06/30/2013
UBS in drive for $100m New York grand prix
Swiss investment bank UBS has been appointed by the organisers of the planned New York Grand Prix
06/30/2013
World's richest bank is Chinese
The dismal performance of the British banks is illustrated in the latest edition of The Banker's Top 1,000 World Banks
06/30/2013
James Hambro & Partners turns black & plans back-office service
James Hambro & Partners has marked its three-year anniversary by moving into profit