10/30/2012
UBS Wealth Management Americas posts record 3Q profit
Posts third straight record profit on strong markets
Wealth and Asset Management
10/30/2012
Unions alarmed at massive UBS jobs cull
According to trade unions that fear Switzerland’s largest bank could lose its “Swiss Quality” label by dumping Zurich-based staff.
10/30/2012
Barclays reports Q3 loss under new CEO
Commenting on its current performance, Barclays noted that October continues to be affected by the challenging economic environment and subdued market volumes, and it continues to be cautious about the environment in which it operates.
10/30/2012
SJP looks to grow adviser numbers as assets reach £32.8billion
St. James's Place outpaces slow market with sales
10/30/2012
Sberbank releases solid-gold bankcard
There is no word yet whether Sberbank plans to release a local variant for the Russian market.
10/30/2012
Standard Life sees 37% annual wrap growth
Long-term savings new business sales of £14.4bn
10/30/2012
Societe Generale Private Banking receives three awards
Societe Generale Private Banking has received 3 awards at the Private Banker International Awards ceremony in Singapore on 24 October 2012.
10/30/2012
Brand new Wealth Management Centre now in service
To meet the diverse needs of customers, the high net-worth customers in particular, the Centre provides a comprehensive range of professional and premier Wealth Management services.
10/30/2012
Wealthy deal for Liverpool financial services firm
Liverpool-based financial services company Wealth at Work has bought a stake in a Yorkshire rival.
10/30/2012
Targeting corporate wealth on divorce
The Court of Appeal has made a landmark ruling on spouses’ ability to break through complex structures to deliver a divorce settlement.
10/30/2012
Banque Privée Edmond de Rothschild sponsors Geneva Watchmaking Grand Prix
Seventy preselected watches made by the world's greatest manufacturers have been exhibited in Zurich, Hong Kong and Shanghai and are now going on display in Geneva.
10/30/2012
Should Brokers Be Forced to Disclose Their Bonuses to Clients?
Reports suggest some firms are offering substantial inducements to potential registered representatives
10/29/2012
Mariner Wealth Advisors gets majority stake in Cincinnati firm
“We’ve really concentrated this year on growing the wealth division to help it catch up to the asset management side."
10/29/2012
Wealthy Still Giving, Just Less
“Since 2006, this has become the largest and one of the longest running studies of its kind, offering key insights that help to inform nonprofit organizations’ donor engagement strategies.”
10/29/2012
UBS targets wealth management opportunity in major overhaul
UBS AG, Switzerland’s biggest bank, boosted its profitability goal and announced plans for about 10,000 job cuts as Chief Executive Officer Sergio Ermotti scales back the investment bank to focus on wealth management.
10/29/2012
Investment banking buoys Deutsche Bank
Deutsche Bank has reported flat profits for the three months to September that still beat analyst expectations.
10/29/2012
AXA Elevate's assets hit £5 billion
The growth in Architas assets to £11.3bn is a reflection of the growing popularity of its offering.
10/29/2012
Investors are too focused on executive pay: BlackRock
“I think pay takes up a disproportionate amount of boards' time,” BlackRock's head of corporate governance and responsible investment for Asia Pacific, Pru Bennett, said, according to The Australian.
10/29/2012
HSBC restructuring wealth management business in India
HongKong Shanghai Banking Corp is restructuring the consumer banking and wealth management business of its India operations, a top executive told ET.
10/29/2012
Bank Sarasin-Alpen only private bank recognized by Arabia CSR awards
Bank Sarasin-Alpen has the honour of being the only private bank to be recognized by the Arabia CSR awards since it was launched five years ago. This is the second year Bank Sarasin-Alpen has been recognised with the prestigious Arabia CSR Awards.