11/14/2012
When the world's richest people want to manage and grow their wealth, they now consider safety of assets, not investment return, as the top priority, following the 2008 global financial crisis that originated on Wall Street.
11/14/2012
The company has announced that it has commenced due diligence on the acquisition of a portfolio of businesses in wealth management
11/14/2012
Balance sheet remains strong, with a Tier 1 ratio of 22% in our Wealth Management operations and a strong liquidity position underpinned by our prudent treasury investment policy.
11/14/2012
Investec, which owns a bank and money manager in South Africa and the U.K., said first-half profit fell 5 percent after costs rose, the rand weakened and revenue declined.
11/14/2012
Veritas Asset Management UK is to split its fund management arm from its private client business as part of a corporate reorganisation.
11/14/2012
Swiss private bank Julius Baer Group AG reported a 10% annual increase in assets under management by the end of October, due to new net money inflows and positive bond and equity markets.
11/13/2012
HNW want old-fashioned banking - RESEARCH
It seems that the key for banks to trying to re-establish their customers’ faith and loyalty is to sit down and talk.
11/13/2012
PruProtect also has a seperate team of 120 business consultants who work with protection advisers and brokers.
11/13/2012
A small number of employees who support Latin American sales and trading will also lose their jobs in New York and London, the St. Petersburg, Florida-based firm said in a statement.
11/13/2012
The increase in AuM resulted from continued net new money inflows close to the top end of the Group’s medium-term target range as well as a positive market performance impact supported by sustained gains in the global equity and bond markets.
11/13/2012
BRB, which has been based at its current location in Etruria since 2001, believes the deal will enable it to consolidate its position as one of Stoke's largest financial advisers.
11/13/2012
Under the direction of Tony Overy, Saunderson has so far attracted 85 new clients this year and the group expects to continuing pulling in clients with its business in good shape ahead of the retail distribution review.
11/13/2012
Liontrust Asset Management has reported net inflows of £189m in the six months to 30 September.
11/13/2012
HSBC Private Bank is one of the top international private banks in the Middle East, providing integrated banking, investment and wealth advisory services to clients across the region.
11/13/2012
With today marking National Philanthropy Day, BMO Harris Private Banking has released the findings of its Second Annual Philanthropy Report which found that the number of Canadians giving to charitable causes - and the amount they are giving - is rising.
11/12/2012
As more wealthy Asians seek to buy property overseas as an investment or short-term residence, their private bankers are only too happy to help.
11/12/2012
The decision allows Zurich-based UBS to conduct proprietary trading in Brazil as well as make real-denominated loans, raise money in Brazilian markets, and underwrite stocks and local bonds.
11/12/2012
The combined group will be run by CEO Martin Baines
11/12/2012
Prior to working at Covalence and Shard, Legge was an investment manager at Barclays Wealth.
11/12/2012
These awards underline the professionalism of Societe Generale Private Banking's teams and the service they provide to clients in the key wealth management markets.