07/29/2012
Charities manager calls for fresh approach
Mr Maitland has been assisting in that education for the past 16 years, partly via the Compendium of Investment he and his team compile.
Wealth and Asset Management
07/29/2012
UK's biggest internet gold dealer could be put up for sale
The online business, could be sold as its founder attempts to expand internationally and continue to focus on British savers’ demands for buying physical gold and silver bars and coins.
07/29/2012
Brewin income rises 4.4% in Q3
British investment manager Brewin Dolphin said transition to a fee based charging model boosted streams of recurring revenue while falling trading volumes kept a cap on overall revenue growth in its third quarter.
07/29/2012
HSBC Wealth Management revenue falls
HSBC Holdings, Europe's largest bank, said first-half profit rose 10 per cent, lifted by gains on asset sales. Pretax profit rose to $US12.7 billion from $US11.5 billion a year earlier, the London-based bank said in a statement today.
07/29/2012
Final approval for Safra Group's acquisition of the majority stake in Bank Sarasin - Closing expected for 31 July 2012
The closing of the transaction is expected for 31 July 2012.
07/29/2012
JP Morgan Private Wealth Management carves niche in Singapore and Asia
But Peter Flavel, the bank's chief executive for Asia, is determined to expand that clientele, setting his sights on the segment just below the ultra-high net worth - that is, catering for account sizes of between US$10 million and US$30 million.
07/26/2012
Benefits of social media to the wealth management industry
There are an almost unlimited number of benefits to incorporating social media into your overall marketing/business development strategy.
07/26/2012
STEP publishes ‘five point plan’ to combat tax evasion
Central to this programme is the view that professional bodies such as STEP have a key role in working constructively with tax authorities around the world to develop guidelines as to what constitutes abusive tax avoidance.
07/26/2012
Investec ‘on track for growth’
Although Investec has a strong private banking and wealth management franchise, the economies of some of its key markets such as Europe have been hit by the eurozone crisis.
07/26/2012
Bryn Mawr Bank Corporation Reports Second Quarter Net Income Increase of 9.5%
The acquisition increased the Wealth Management Division's assets under management by approximately $1.0 billion.
07/26/2012
Barclays profits up despite interest rate swap scandal
Embattled banking giant Barclays today revealed a potential £450 million bill for mis-selling complex financial products to unwitting small businesses.
07/26/2012
Charles Stanley's revenue drops by £3 million
Investment management firm blames “challenging” market conditions and “entrenched” economic uncertainty for fall in revenue.
07/26/2012
Swiss bank hunts for wealth management deal
The group said it had a war chest of 600 million francs and was looking for deals as it reported better-than-expected results for the first half of 2012.
07/26/2012
RBC completes acquisition of global investor services business
Top 10 global custodian being rebranded RBC Investor Services
07/25/2012
Will wealth managers nimbly respond to changing needs of high-net-worth investors?
Wealth management, an industry long accustomed to steady growth and healthy profits, is now facing significant headwinds — and opportunities.
07/25/2012
Wealth Management Buoys Ameriprise’s Q2 Earnings
Pretax operating margins within the wealth management division increased 11.6% compared to 11.3% a year ago due to cost-cutting that “helped to offset the impact from low interest rates.”
07/25/2012
Hong Kong’s Largest Bullion Vault Signals Rising Asia Wealth
The move in Hong Kong reflects increased demand for gold in Asia even as the commodity struggles to sustain its rally into a 12th year.
07/25/2012
Raymond James 3Q Net Up 63% on Double-Digit Revenue Growth
The investment-banking and wealth-management company had seen its profits decline in recent quarters as market volatility challenged its revenue growth.
07/25/2012
SJP profits rise after record sales quarter
Funds under management of £30.9 billion up 8% since the start of the year
07/25/2012
Rathbone Brothers funds under management grow by 5%
Rathbone Brothers saw its assets under management grow by 5 per cent in the first half of the year, rising to £16.7bn.