12/20/2012
China is seeking to expand the economies of the western region faster than the country’s average in the five years through 2015, using policy incentives and investing in projects ranging from high-speed rail to eco-tourism.
12/20/2012
Many private clients are no longer willing to invest in hedge funds - or anything else for that matter, and that U.S. investors are no longer making the Swiss pilgrimage.
12/20/2012
With its reputation under attack, investors say there's no way of knowing how many risk-conscious clients will stick around while UBS atones for its Libor sins.
12/20/2012
Swiss wealth manager opens third Spanish office
With its reputation under attack, investors say there's no way of knowing how many risk-conscious clients will stick around while UBS atones for its Libor sins.
12/19/2012
A list of the wealthiest executives in the United Kingdom.
12/19/2012
City-State Is Surging as a Center for Private Banking as More Chinese Seek a Home for Their Cash
12/19/2012
A quarter of Swiss private banks are no longer operating profitably, with smaller wealth managers facing a “critical” situation, a KPMG report showed.
12/19/2012
It’s not yet clear how many, and to what extent, others have defaulted. But analysts say that if more flop and generate headlines like the Hua Xia case, a crisis in confidence could ensue, sparking a run on the wealth product market.
12/19/2012
Gregory F. Gatesman, designated Chief Operating Officer, will join on 1 February 2013 at the expected formal completion of the acquisition.
12/19/2012
Vistra now has two offices in Belgium - Brussels and Antwerp - from where it is able to offer local clients access to its network of 25 offices spanning 19 jurisdictions worldwide.
12/18/2012
Most countries worry about brain drain. China is worried about millionaire drain
12/18/2012
But chairman John Morschel defended the scheme, which was packed by 95% of shareholders, said Mr. Smith's pay packet was "perfectly reasonable" given Mr. Smith's track record in steering Australia's third-largest lender by market
12/18/2012
Skandia is now in a transition phase, helping advisers with the new platform.
12/18/2012
Liontrust has bumped up its exposure to Brooks Macdonald.
12/17/2012
The transaction is expected to be completed in the first quarter of 2013.
12/17/2012
Launched today with full FSA authorisation, the firm is partner-owned and funded, and will provide conflict-free advice based on a thorough and unbiased assessment of the market – principally to individuals, but also to trusts.
12/17/2012
The payments came after another strong performance for the group, which entered the FTSE 100 index earlier this year.
12/17/2012
"The work of these philanthropists and foundations in the context of the Middle East and beyond is truly inspiring,"
12/17/2012
FCA has already said it will break with tradition to name and shame errant individuals as soon as a probe begins.
12/16/2012
Bankers' bonuses would be capped at double the level of basic pay under plans being drawn up in Brussels