05/15/2012
Coutts appoints Head of Products and Services in Asia
Most recently he was Managing Director and Head of Wealth Management Sales across Asia Pacific for HSBC.
Wealth and Asset Management
05/15/2012
LPL Nabs $560M Team
LPL Financial announced that it has lured The Botsford Group, a regional advisory firm, to its wealth management platform, the company announced.
05/15/2012
Ladies, mind the ceiling. CEOs say no to women for senior management positions
It found 68 per cent of respondents said they would not be mandating that female candidates be included in any short list to fill senior management positions over the next six months.
05/15/2012
Futurepriority Report 2012: Asia’s emerging wealthy by Scorpio Partnership
Groundbreaking insight from 2,800 HNWs across nine Asian markets has revealed that Malaysians, Indians, Indonesians and Thais are the most content when it comes to their life-wealth balance .
05/14/2012
RBS: The bank that's selling charity
Royal Bank of Scotland is targeting India's young super-rich with a range of products designed to help make giving to the needy easier and more efficient.
05/14/2012
Australian unions call for Buffett-style rich tax
Mr Lyons said the ACTU policy would be similar to top-end tax changes debated recently in the United States requiring those earning more than US$1 million per year to pay at least 30 percent in taxes.
05/14/2012
Bankers fight new EU cap on bonuses
Brussels sources indicated that there is a high probability that the resolution will be passed, which would then need to be ratified by the European Commission before becoming law.
05/14/2012
High earners say au revoir to France
The annual mass exodus from the French capital sees the city's inhabitants while away the August heat in the countryside.
05/14/2012
RBS boss: Life is not about money (and this from a man who pockets £1.2m a year)
Mr Hester told pupils at a South London school that life ‘is about doing things that make you feel valuable, not necessarily measured by money’.
05/14/2012
Millionaire financier under investigation over £5m 'fraud'
he fine by the Financial Services Authority and the Securities and Exchange Commission related to the use of millions of dollars of investors' money to prop up failing investments held by the company. Mr Ruffle,
05/14/2012
Shanghai's wealthiest residents revealed
Of the super-rich individuals in Shanghai, 75 per cent are business owners. Real-estate investors account for 15 per cent. And finally, professional investors account for 10 per cent of super-rich individuals in Shanghai.
05/14/2012
Rich Indian's new faith: Succession planning via trusts
. Indians are no different. As a result,
05/14/2012
Where Are the Female Billionaires?
the Forbes list of billionaires worldwide
05/14/2012
Credit Agricole private banking eyes bigger Gulf portfolio
Credit Agricole Suisse, a private bank belonging to the Credit Agricole Group is targeting a significant share of the private wealth management mandate in the Gulf and the Middle East, its top officials said in a recent interview with Gulf News.
05/14/2012
Moscow Is The Home For The Super Rich?
Moscow is now the new home for billionaires all over the world.
05/11/2012
Vestra Wealth to launch DFM aimed at IFAs' US clients
Vestra’s new service will be available to IFAs to outsource to once permission comes through from the US regulator, the US Securities and Exchange Commission.
05/11/2012
Butterfield seeks to cash in on London high-end property boom
The Bermuda bank’s UK operation is among a growing number of foreign private banks entering the London mortgage market by offering home loans in excess of £1 million.
05/11/2012
Barclays Seeks 25% Revenue Growth in Middle East, Africa
The Middle East and Africa generated about 5 billion pounds ($8 billion) of revenue for Barclays last year, about 15 percent of the global total, according to the London-based company’s annual report.
05/11/2012
Wealth manage signs up to Liverpool Futures apprenticeship scheme
The St Paul’s Square-based wealth management company is supporting the Liverpool Futures initiative, a Community Interest Company created by Liverpool Chamber of Commerce, Liverpool Council and Liverpool City College to boost employment in the city
05/11/2012
Control issues affecting wealth transfer to next-generations
More than $25 trillion (€19.32 trillion) is expected to pass from one ultra-high net worth generation to the next by 2050, but issues over giving up control and empowerment are affecting decisions about wealth transfer.