10/16/2012
The number of Arab millionaires investing in Britain in exchange for permanent residency has increased in the wake of the Arab Spring as investors look to flee political turmoil in their home country, financial advisors have told Arabian Business.
10/16/2012
Net income at the world's largest custody bank was $720 million, or 61 cents a share, compared with $651 million, or 53 cents a share, a year earlier.
10/16/2012
BNP Paribas Wealth Management has now passed an initial milestone
10/15/2012
Qatar is expanding in the Arab world's banking sector mainly through Qatar National Bank (QNB)
10/15/2012
The role of Rothschild, the investment bank, will be to provide a fairness opinion to judge whether the independent board members should accept the offer from the Bakries.
10/15/2012
NAB wealth division appoints new hedge fund adviser
"We selected DGAM based on their combination of investment, advisory and risk management knowledge and experience,” said Gareth Abley
10/15/2012
The bonus shares were awarded on the condition of the deal between the Bakries and Rothschild being a success.
10/15/2012
Vikram Pandit said Citigroup should reap benefits from acquisition-hungry Asian companies while a solution to the US “fiscal cliff” would unleash pent-up demand in the US.
10/15/2012
He was co-head of Credit Suisse AG’s investment bank in France, Belgium and Luxembourg since 2009, after spending more than 15 years at Morgan Stanley.
10/15/2012
Almost half (43%) of financial advisers do not feel confident that the industry has accepted the need to make fundamental changes to its business models to survive the changes imposed by RDR, according to new research from Heartwood, the independently own
10/15/2012
The firm ranked first in worldwide equity and equity-related offerings and common stock offerings for the year-to-date.
10/15/2012
Board praised Vikram Pandit's "leadership, integrity and resilience in guiding Citi through the crisis and positioning it well for the future."
10/14/2012
Meanwhile, the bank has been unwinding operations in other markets as part of its restructuring plans
10/14/2012
RBC Wealth Management, the world's sixth largest wealth manager by assets under management, is seeking small to medium-sized asset managers in Asia, and plans to more than double client manager numbers by 2015.
10/14/2012
Wealth management products, or WMPs, might be the best thing that ever happened to Chinese savers.
10/14/2012
Revenue decreased to $19.4 billion from $20.83 billion a year ago.
10/14/2012
The New York office will serve as a business development and marketing center and complements Aberdeen’s North American headquarters in Philadelphia, as well as the company’s on-the-ground business development presence in Chicago, Miami, San F
10/13/2012
The banking giant could shed 10,000 jobs in the near future, according to a report on Saturday in the Tages Anzeiger daily.
10/11/2012
“Risk appetite has become core to the private banking service again,
10/11/2012
Following the company's joint venture with Citibank in June 2009, Morgan Stanley Wealth Management has added 45 advisers to its network and plans to continue building.