09/10/2012
Arbuthnot Latham turns to Swiss for overseas ambition
Arbuthnot Latham is looking to launch an offshore arm as it gears up for growth under the leadership of new chief executive James Fleming.
Wealth and Asset Management
09/10/2012
JP Morgan Private Bank Sponsors Major UK Philanthropy Award
J.P. Morgan Private Bank is to sponsor the UK-focused 8th biennial Beacon Awards for Philanthropy, which honor individuals for exceptional work and best standards in the sector.
09/10/2012
Philanthropy on the rise in Asia
Philanthropic giving has been on the rise in Asia over the past few years.
09/10/2012
HSBC launches Discretionary Wealth Management services in MENA
HSBC has announced the launch of Discretionary Wealth Management services in Middle East and North Africa 'MENA', offering customers access to their own segregated investment portfolios.
09/10/2012
The wealthy are 288 times richer than you
That trend is happening for two reasons: Not only are the rich getting richer, but the middle class is also getting poorer.
09/10/2012
RBC Announces Changes to Business Segments
RBC's business segments for financial reporting purposes will be: Investor & Treasury Services; Personal & Commercial Banking; Capital Markets; Wealth Management; and Insurance.
09/10/2012
Deutsche Bank to cut costs and bonuses
Bank signals more jobs could go amid plans to cut costs by €4.5bn a year and slash bonuses to senior staff
09/09/2012
Chinese keep watch on signs of wealth as party preaches austerity
Cases such as the official with several expensive timepieces raise questions about corruption and nepotism, experts say
09/09/2012
Nice little earner: Billionaire to pocket £45m in investment firm dividends
He led a management buyout of Ashmore from Australia's ANZ bank in 1999, owns 42 per cent of the shares in the firm which specialises in emerging market investment.
09/09/2012
Brown Advisory Receives "Premier Advisor" Designation
In 2011, fewer than 1% of advisors in the United States received the Premier Advisor designation.
09/09/2012
World’s Richest Gain $25 Billion as Zong Now Top in China
One of the biggest gainers was Amancio Ortega, who gained $1.3 billion, according to the Bloomberg Billionaires Index.
09/09/2012
BDO Wealth Management team joins Fitzpatricks
He said the decision had been based, in part, on Fitzpatricks' advice approach and the investment management approach via Fitzpatricks subsidiary, Atrium Investment Management.
09/09/2012
Acquisition adds funds for wealth manager Clarion
Clarion, which has 13 staff, has around £100m funds under management.
09/09/2012
Old Mutual to drop Skandia name in asset management overhaul
The unit falls under the remit of the Wealth Management businessrun by former BNY Mellon head of distribution Paul Feeney.
09/09/2012
Deutsche Bank CEOs Tackle Ackermann Legacy in Overhaul
Deutsche Bank co-Chief Executive Officers Anshu Jain and Juergen Fitschen, less than four months after taking over from Josef Ackermann, may be preparing the largest revamp at Europe’s biggest bank in eight years.
09/09/2012
JPMorgan Weighs Dimon Bonus Cut, Wall Street Journal Says
JPMorgan Chase & Co. (JPM), the biggest U.S. bank by assets, is considering cutting 2012 bonuses for senior managers including Chief Executive Officer Jamie Dimon, according to the Wall Street Journal.
09/06/2012
Where Millionaires Are Investing As 'Fiscal Cliff' Nears
Where are the millionaires among us putting their money?
09/06/2012
MAS launches Giant Pandas Commemorative Coins
Only 3,000 sets are available.
09/06/2012
UBS to seek Brazil CEO
The lender, after waiting almost two years, is close to obtaining a banking license in Brazil, the people said.
09/06/2012
Large RIAs Buckingham and Founders to Merge
Agreement unites two strong RIAs; St. Louis powerhouse deepens Silicon Valley presence