03/30/2012

New silk route to Singapore

Every year, hundreds of Chinese private bankers gather in Hongqiao, a nondescript corner of smog-shrouded Shanghai, to learn the basics of wealth management.

03/29/2012

SocGen slashes CEO bonus

Oudea's bonus slid to 682,770 euros ($909,900) from 1.2 million the year before, SocGen, France's No. 2 lender, said in a regulatory filing.

03/29/2012

Investing in the art market

In the last couple of years, the art market has been enjoying a revival as investors begin to realise the importance of art as an alternative investment to diffuse risk

03/29/2012

UBS winning US race for top brokers, but at what cost?

That strategy has drawn at least 48 brokers with more than $6 billion in client assets under management since January, based on moves of top brokers tracked by Reuters, far more than the other top US brokerages.

03/29/2012

Hong Kong private bankers seek less red tape

Hong Kong’s private banking industry is in talks with the government and regulators seeking the removal of some red tape and compliance requirements implemented after the financial crisis, to help it sell products to more of the region’s multi

03/28/2012

AXA Wealth announces restricted advice model

The package, which will run alongside its existing independent advice model, is expected to be available in the market in Q2, and will offer a flexible, bespoke approach to what AXA Wealth currently offers by way of support and pricing.

03/28/2012

EU lawmakers want tougher rules on banker bonuses

The bloc's parliament and member states are approving a draft law to implement Basel III, global rules to toughen up bank capital and liquidity requirements from 2013 to plug regulatory gaps highlighted by the financial crisis.

03/28/2012

TV Journalist Starts Woman-Owned Advisory Firm in Manhattan

Back in 2010, Financial Planning featured Wong Ulrich on its cover with a story she authored about the changing face of financial planners. In the piece she argued that more planners of color are needed to serve the growing ranks of wealthy minorities.