09/23/2012
Canaccord Financial acquires UK private client division
It is strategically and culturally complementary to Canaccord's existing business, and excluding restructuring and other charges, is projected to be accretive to earnings in the first year.
09/23/2012
Experts from Emirates NBD, Falcon Private Bank, Lombard Odier, Bank Sarasin-Alpen Group and Julius Baer reveal their regional wealth management strategies to Gulf Business.
09/23/2012
"A wealth tax is a door we must leave shut during this legislature," Vanackere said of the 30 months before the centrist six-party coalition headed by Socialist premier Elio Di Rupo faces elections.
09/23/2012
According to a poll of the 150 attendees of the Forbes 400 Summit on Philanthropy, sponsored by Credit Suisse, 56 percent of the billionaires present said that “taxes impact our philanthropic giving.”
09/23/2012
Credit Suisse is trimming its investment banking team in Dubai and relocating some jobs to neighbouring Qatar, three sources said, as part of efforts to cut costs and focus on richer markets.
09/23/2012
Barclays has today announced its growing strength in the South West with the planned expansion of its wealth and investment management service in the region.
09/23/2012
Wealth management firm to close half its Canadian offices
The firm will continue to offer a full suite of investment and wealth planning services to clients, through both traditional transactional brokerage activities and more comprehensive wealth management solutions.
09/23/2012
Assets under management rose by 1% in the two months to £184 billion but there was a net outflow of about £100 million. That figure hid an inflow of £6.1 billion into higher-margin business against a £6.2 billion departure from lo
09/23/2012
Investment Week understands new CEO Paul Feeney has been given a mandate from the Old Mutual PLC board to invest in restricted firms.
09/20/2012
Harris Private Bank earned a Top Five ranking in the 2012 Luxury Institute Wealth Management Survey, which polled 500 high-net worth Americans with a minimum net worth of $5 million for their thoughts on the quality, exclusivity, social status, and client
09/20/2012
Private banks pull out marketing tricks
When it comes to private bank marketing, tricks of the trade abound.
09/20/2012
The Swiss-headquartered UBS has taken out the top spot in seven of the 10 categories, cementing its position as one of the most influential banks in the local market.
09/20/2012
Wealthy Investors Prefer Boutiques Over Larger Wall Street Firms: Study
Reputation for honesty and first-class service advantage smaller wealth managers
09/20/2012
Wealthy need to “push back” against government taxation, says leading wealth manager
Super-wealthy are on “tipping point” of leaving London
09/20/2012
Towry streamlines with £47m debt package
The package, arranged by private equity majority owners Palamon Capital Partners, replaces an existing "mezzanine" facility, a form of debt more expensive to service than a standard loan.
09/20/2012
JP Morgan Asset Management has outlined its plan to offer three share classes post-Retail Distribution Review and has placed the onus on advisers to pick the right share.
09/19/2012
Brooks Macdonald will operate a restricted asset management business and independent financial planning business once the retail distribution review is implemented, the firm has announced.
09/19/2012
Roger Weatherby, chief executive of Weatherbys Bank and chairman of Weatherbys Hamilton, said: "We have been looking at ways to expand our insurance business for some time, and the opportunity to form a joint venture with Charles Hamilton is a natura
09/19/2012
After signing the deal, RHJ's wealth-management unit Kleinwort Benson, which would ultimately acquire BHF, would file for the approval of Germany's banking watchdog BaFin, the person added.
09/19/2012
The talent squeeze is so serious that financial firms are having trouble dealing with the clients who come through the door.