Managers of Wealth Offshore

FSA launches consultation on fund pay

The FSA, along with the Treasury, needs to transpose the EU rules into law by July this year – but there will be a one year implementation period after that.

Barclays to cap hiring even if GDP recovers

Sustained pressure on costs is expected to mean the bank will look to cut more jobs in the coming years

Africa: Philanthropy 2.0 - Problem or Solution?

Warren Buffett has pledged to give away the bulk of his fortune to philanthropic causes

netwealth launches national advice group

Each business will retain its own brand and general managers who will report directly to Micallef.

It's Not Right For Bankers To Be Paid So Much - Credit Suisse CEO

“That’s one of the things that the whole transformation of our business model is getting at,” Dougan said.

Bank of Queensland wins private banking award

Smart Investor credits BOQ as being "the only bank outside the big four with a serious focus on servicing high-net-worth clients".

7IM opens up platform to rival DFMs and overhauls charging

7IM head of platform Peter Wyatt said the move was a response to adviser demand.

Gen X And Gen Y Wealth Stagnates

Younger generations used to be successively wealthier, but no moreYounger generations used to be successively wealthier, but no more

Saffery Champness: Cultural Gifts Scheme to encourage gifts of art to museums

The new Cultural Gifts Scheme that commences on 1 April is intended to encourage gifts and donations of treasures to the nation.

Hargreaves Lansdown looks at Schroder UK Alpha Plus place on Wealth 150

The Schroder UK Alpha Plus fund returned 254.4 per cent over the 10 years to 31 January.

Singapore-based banks under pressure to hire more locals

Singapore, a small island-nation with few natural resources, has historically been welcoming of foreigners who tended to take up lower-paying jobs that were not popular with locals.

The end of Swiss banking as we know it?

Structural change at Pictet and Lombard Odier to corporate partnerships underlines a new reality for Swiss banks. And about time too, says Scorpio Partnership.

Raymond James Introduces New Compensation Model

Building on its tradition of providing choice for advisors seeking RIA options, Raymond James announced the introduction of a new compensation model for “RIA hybrids” effective April 1, for financial advisors with at least $100 million in disc

UBS pays £17m 'golden hello' to the man who broke RBS

iHe is overseeing a radical restructuring of UBS which will see as many as 2000 jobs go as it reduces its investment banking activities.

Morgan Stanley Gets Green Light on Deal for Wealth-Management Unit

Morgan Stanley may buy the rest of its wealth-management joint venture from Citigroup Inc.

Hedge fund tycoon collects £1.7m from bet on Trinity Mirror slide

He took a £10m bet against the firm last November, although he told The Independent he "didn't dislike the company".

U.S. millionaire count reaches 9 million - RESEARCH

The comeback continues for the fourth year, after millionaire households declined to 6.7 million in 2008

Withers to launch new non-legal consultancy

The consultancy will be run by two acknowledged leaders in the consulting field, Kenneth McCracken and Amelia Renkert-Thomas.

Bank Wealth Management Income Falls First 9 Months of 2012

Bank holding companies saw a dip in wealth management income in the first three quarters of 2012

Ermotti is best paid banker at UBS

Ermotti was UBS's highest earner in 2012, pipping Americas head Robert McCann, who was the Swiss bank's top earner in 2011.

Wealth and Asset Management