Managers of Wealth Offshore

Former UBS Executive Forms Private-Equity Firm

Rasmussen, 46, also a former CEO of Royal Bank of Canada (RY)’s RBC Direct Investing business, will be chairman of the new company, he said in an interview today.

Know Your Worth Series: How much are UAE bankers paid

Despite the changed scenario and the difficult times that banks have been through, there are opportunities in the sector if you are a looking for a job, or plan to change roles.

Departing FSA boss Hector Sants attacks overpaid and incompetent finance bosses

Speaking yesterday to an audience that included some of the City’s most powerful bankers and insurers, Sants said executives needed to start showing integrity, rather than be ruled by greed.

JPMorgan exec pay endorsed by advisory firm

The recommendation reduces the chances that shareholders will rebuke bank officials over pay as happened last week in an advisory vote at the annual meeting of Citigroup Inc.

Lloyds TSB Int’l woos Britain’s wealthy nomads

A central finding of all this research suggests that the current strategy of Lloyds TSB International, to expand its range of products and services targeted at Brits abroad, is practically a no-brainer.

Noah Files its Annual Report on Form 20-F

The annual report can be accessed on Noah's investor relations website at http://ir.noahwm.com/ .

BPFH reports Q1 results

On a year-over-year basis, GAAP Net Income Attributable to the Company increased from a GAAP net loss of $149 thousand in the first quarter of 2011. Earnings per share increased from a per share loss of $0.01 for the first quarter of 2011.

Barclays' investment bank helps profits to £2.45bn‎

Barclays reported a better-than expected 22pc rise in first quarter profits, with stronger performance in investment banking offsetting an increased provisions for insurance misselling.

Deutsche Bank profits hit amid debt crisis

The bank said although the business environment was "more stable" than at the end of last year, it was "far less favourable" than a year earlier.

BME incurs loss year-on-year

Quarterly results have been conditioned by a lower equity and derivatives volumes context, based on the general economic environment, regulatory limitations on trading, and an average general price correction. Nevertheless, the diversification of the busi

France’s Carmignac Gestion opens its London office

It hopes that its establishment in the UK will enhance relationships with wealth managers, family offices, private banks, IFAs and institutional clients.

Apcims: when firms can retain ‘independent’ label

It added that such a move would result in a ‘significant’ increase in the number of Apcims firms that can offer independent advice.

Williams de Broë eyes Midlands RDR opportunity

Quin said the business was always looking for new partnerships, although he stressed that the adviser quality had to be right, and the firm’s concentration of IFAs was comparatively small.

Non-resident South Asian millionaires' wealth management market size to see robust growth by 2016: report

During the review period (2007-2011), the value of the worldwide wealth management market for NRI millionaires rose at a compound annual growth rate (CAGR) of 9.4%.

Canadian Wealth Management announces new partnership

The alliance will help Cardinal Point Wealth Management increase their footprint in California

Barclays' Wealth Division Adds Managing Director In London

He joins from Citi Private Bank

Top Dubai lender ENBD's Q1 profit beats forecasts

Emirates NBD, Dubai's largest bank by market value, reported a forecast-beating first-quarter net profit as a near 50-percent rise in non-interest income and lower impairments boosted profitability.

Bank of Singapore becomes first Private Bank that can train and assess private bankers

The Programme aims to equip Bank of Singapore private bankers with the relevant skill sets and qualifications to uphold the highest standards in delivery of client-centric advice and consistent client experience.

Net flows increase at Standard Life Wealth

Standard Life's retail platform assets rose 26% in the first quarter of the year compared with the same period in 2011, as the group added an extra 41 adviser firms on its wrap.

Barclays hopes £2bn profit will quell Diamond pay row

It will also face anger over the bill associated with a flood of customer complaints over the mi-selling of payment protection insurance, which is understood to have run to more than £100m.

Wealth and Asset Management