08/27/2012
Scottish law firm strikes outsourcing deal with 7IM and European WM
Thorntons will have input on asset allocation across both services.
Wealth and Asset Management
08/27/2012
Charnock to front newly-created Standard Life adviser unit
In the UK the restructure will see the creation of an advisers and investments business unit made up of Standard’s existing retail adviser, proposition, wealth and investment solutions businesses, reporting into Richard Charnock.
08/26/2012
Gold will extend a bull run - Coutts
Billionaire investors George Soros and John Paulson increased their stakes in the SPDR Gold Trust, the biggest gold-backed exchange-traded product, in the second quarter.
08/26/2012
One Of The Largest Swiss Banks Just Confirmed Client Data Was Stolen
According to the SonntagsZeitung, the stolen data on clients found its way into the hands of tax investigators in the German state of North Rhine Westphalia, with the thief paid an undisclosed sum.
08/26/2012
Sharjah Islamic Bank honors winners of Seven Star award
The award, the first of its kind in the UAE banking sector
08/26/2012
Emirates NBD wins Asia's Best Brand award
'Asia's Best Brand,' award is conferred on manufacturers and companies of outstanding consumer products and focuses on the company brands and trademarks.
08/26/2012
Bank of Ireland Private Banking launches new global equity investment fund
Targeted at the bank's existing and new private client investors, the fund, which will be managed by Leona Nicholson, is made up of 65 global equities.
08/26/2012
Deutsche Bank turns screw on bonuses
Pay consultants expect the use of clawbacks to rise sharply this year following a string of recent banking scandals, including the manipulation of Libor and anti-money laundering failures.
08/26/2012
Wealthy French expats are struggling to afford the desirable 'golden square' addresses
Hideously diverse Britain: a postcode problem for Parisians in London
08/23/2012
Middle-class income and wealth fell in last 10 years, survey shows
About 85% of middle-class people say it’s tougher now than a decade ago to maintain their living standards, according to the Pew Research Center report.
08/23/2012
Coutts Sells Emerging-Market Bonds, U.S. Shares After Rallies
That’s the biggest outperformance since 1998, according to data compiled by Bloomberg.
08/23/2012
Ucis clampdown: what it means for wealth managers
The rules would apply to advisers rather than discretionary managers, while sophisticated investors and high net worth individuals would be exempt from the restrictions.
08/23/2012
Meet The CEOs Of Africa’s Top 5 Banks
Maree, 53, is a former Rhodes scholar and the CEO of the Standard Bank Group, Africa’s largest financial services conglomerate.
08/23/2012
A Swiss bank bets on emerging markets
There is trouble closer to home, too: German politicians are threatening to tear up a treaty designed to head off attacks on Swiss banking secrecy.
08/23/2012
WHO would want to be a Swiss private banker right now?
A Swiss bank bets on emerging markets
08/23/2012
ABN Amro Q2 profit drops, sees more impairments
Nationalised Dutch bank ABN AMRO on Friday said second-quarter profit fell as loan impairment charges doubled, and warned of further hits this year because of the fragile state of the Dutch economy.
08/23/2012
Leading private bank adapts defense play in Asia
Their preference for high quality bonds in the first half of 2012 spurred Coutts’ performance, and corporate bonds will remain an effective global hedge.
08/23/2012
Britain's richest 5% gained most from quantitative easing – Bank of England
Bank report to MPs reveals wealthiest boosted by QE and low base rate, but insists policy spared UK from even deeper slump
08/23/2012
Baring's gold hoard larger than that of several countries
A number of fund managers have begun establishing positions in the precious metal lately, as signs mount that the global economy is facing a troubled second half of 2012.
08/23/2012
Credit Suisse to Host Philanthropy Campus
t Credit Suisse, we understand that the most lasting changes often begin with the actions of a single individual or a family, which is why we constantly work with our partners to develop new ways to help our clients achieve their philanthropic goals