09/04/2012
"It would be appropriate if excessively high pay would narrow again towards that in industry," Blessing said, adding however, that any bank that took the first step to curb pay risked losing talented employees to rivals.
09/04/2012
The portfolios can invest in funds, exchange-traded funds and some direct bonds and there is a possibility it will one day invest directly into stocks and shares.
09/04/2012
He remains a member of the Global Wealth Management and Trust Executive Committee, the source said.
09/03/2012
For now, the bulk of Aton’s income comes from its brokerage and consultancy services.
09/03/2012
Turcan Connell, which was represented by Eric Young & Co, already has offices in Edinburgh, London and Guernsey, but following research identified client demand for an office in the West.
09/03/2012
Firms that market themselves as ‘wealth managers’ must review their processes to ensure that they have sufficient controls to mitigate the potential for mis-selling and document every part of their advice process, according to one compliance e
09/03/2012
Boutique wealth manager launches managed portfolio service
Advisers will be able to discuss investments with the Berry managed portfolio team, “as required”.
09/03/2012
Zeno Staub, who was appointed chief executive of Vontobel in May 2011 and plans to revive the Swiss private bank’s earnings, is updating the group’s multi-asset capabilities to offer a broader range of investment styles as part of an overall r
09/03/2012
IAWMC is a specialist operations, systems and IT infrastructure consulting firm which has been established to provide management and IT consulting, interim management and recruitment services focussed solely on the needs of the Financial Services’ s
09/03/2012
By buying Bank Of America Merrill Lynch’s wealth management arm, Julius Baer has doubled its presence in Asia, but their new unit needs something of an overhaul if it is to become profitable
09/02/2012
The argument over capping bankers' pay is threatening EU efforts to implement the global bank rules known as "Basel III" by the January 2013 deadline.
09/02/2012
ANZ's goal is to become a "super-regional" bank in Asia—it owns a 20% stake in China's Shanghai Rural Commercial Bank, among other regional investments.
09/02/2012
Citi's sales to retail and HNW's up 80% YoY
Net sales of investment products by Citi to individual retail and high-net-worth clients around the region are up 80% year-on-year through July, with over $3 billion of net inflows, the firm says.
09/02/2012
Hargreaves Lansdown founders Peter Hargreaves and Stephen Lansdown are set to receive a £40m dividend windfall as the company gets set to unveil its year end results this week.
09/02/2012
Wealthy expats in Asia are being targeted by banks rolling out exclusive credit cards offering high-end perks.
09/02/2012
Citibank first introduced its wealth management service in Korea with ‘Citigold’ brand to customers with 100 million won back in 1991."
08/30/2012
One of the advisers who does not cold call clients, Sarah Lord, wealth planning director for the Middle East and Asia at Killik & Co, said: “I am yet to come across any evidence to suggest that the Central Bank ruling has completely stopped cold
08/30/2012
Canada's biggest bank stumbled hardest, though the results included a C$29 million charge in the third quarter.
08/30/2012
The regulator issued on Thursday an alert about a firm offering investment advice and brokerage services under the names AW Associates, A Walker Associates and Andrew Walker Associates.
08/30/2012
So, in normal times, the Treasury jumps from a great height on anyone in government who speculates on tax policy.