08/23/2012
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
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
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
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
08/23/2012
German tax inspectors have raided clients of Swiss bank Julius Baer, the latest development in a dispute over untaxed money held in secret Swiss accounts, a German magazine reported.
08/22/2012
There can be no doubt that the Retail Distribution Review (RDR) should be seen as a terrific enhancement to the provision of financial advice.
08/22/2012
Wealth-X, a global intelligence and wealth due diligence firm, estimated in its latest Indonesia country report that 775 individuals in Indonesia are worth more than US$30 million, a statistic that underscores the country's still yawning wealth gap.
08/22/2012
City expected to strengthen its position in the next 10 years
08/22/2012
Client assets totalled CHF 96.2 billion at 30 June 2012, up 5.2% on the end-2011 level of CHF 91.4 billion. The increase is due to net deposits by private clients as well as to the effect of exchange rates and asset values.
08/22/2012
The Private Client Group continues to perform reasonably well.
08/21/2012
These days wealth management contributes less than 8 per cent of CBA's group earnings, less than half its relative contribution before the global financial crisis.
08/21/2012
Comparatively, the middle class, who earned between $50,000-$75,000 annually, gave out average of 7.6 percent of their income to charity that year.
08/21/2012
Bromsgrove-based Redbourne Wealth Management has found a charitable solution to the issue of transferring clients after switching networks.
08/21/2012
Succession Group has undertaken a management reshuffle following the £12.5m acquisition of its first five IFA firms.
08/21/2012
New York-based JPMorgan last month reported a 9 percent decline to $4.96 billion following its trading loss in London.
08/20/2012
Bespoke DFM firms are winning business from private banks as high-net-worth clients feel they are being squeezed out in favour of wealthier clients.
08/20/2012
The business targets startups and established funds with long-short or hedged strategies and those focused on arbitrage.
08/20/2012
Bank of America has been selling non-core business units and cutting thousands of jobs as part of its efforts to reduce costs and bolster capital.
08/20/2012
Charitable contributions rose by 15 percent; Carbon dioxide emissions lessened by 24,500 metric tons