10/28/2012
Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.
10/28/2012
Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks
10/28/2012
Palazzo Beltrami, a superb Milanese building which blends Neoclassical style with eclectic features, was built in 1911 as a prestigious new head office for Banca Commerciale Italiana, now part of domestic bank giant IntesaSanpaolo.
10/28/2012
Raymond James Financial Inc. is still working on “digesting” Morgan Keegan, its biggest acquisition, but the financial services firm is keeping an eye out for additional deals.
10/28/2012
Credit Suisse Group AG and a unit of Qatar Investment Authority, the Persian Gulf emirate’s sovereign-wealth fund, plan to start an asset-management joint venture, three people with knowledge of the matter said.
10/25/2012
When the Retail Distribution Review (RDR) takes effect from 31 December 2013, funds will no longer be allowed to pay commission to advisers for selling their products. Instead, IFAs will have to charge upfront for their advice.