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.
09/19/2012
ANZ has reportedly walked away from a plan to acquire a Hong Kong bank after a disagreement over price, signalling a strategy shift that is more focused on organic growth.
09/19/2012
The capital increase to be conducted by way of a rights offering (inclusive of pre-emptive subscription rights of the existing shareholders) in the amount of up to CHF 500 million is expected to take place in October 2012, market conditions permitting.
09/19/2012
Despite a fall in bonuses paid in the financial sector, they remain markedly higher than in any other area of the economy.
09/18/2012
UBS analysts highlighted rising corruption in report.
09/18/2012
The next generation’s approach to philanthropy is dramatically different than that of their grandparents and parents.
09/18/2012
As a family’s wealth and fame grow, so does a family’s attractiveness as a target for identity theft, fraud, extortion, robbery and a host of other crimes.
09/18/2012
Steady but uneven growth makes Asia-Pacific’s population of High Net Worth Individuals the largest in the world
09/18/2012
A leading financial services expert has highlighted the urgent need for more investment products aimed at the wealthy, as Chinese incomes rise and people look forward to enjoying longer retirements.
09/18/2012
A survey of top investment bankers has found that "short-term performance" is their priority.
09/18/2012
Business sentiment among Asia's top companies fell for the second straight quarter, dragged down by export-orientated economies such as China and Japan, while domestic spending helped boost Southeast Asia's outlook, a Thomson Reuters/INSEAD surv
09/18/2012
Most of the Swedish bank's employees benefit from a profit-sharing scheme … apart from those working in the UK
09/18/2012
T. Rowe Price expands Swiss private banking and wealth management team
The Swiss market remains a pivotal region for private banking and fund investing and the maturity of the market place is a good match for the quality of T. Rowe Price's products, the firm's general investment capabilities and its client focus.