02/23/2012
       RBS loses £2bn and hands £785m in bonuses
      RBS loses £2bn and hands £785m in bonuses
    
    The Royal Bank of Scotland has risked taxpayer fury as its bonus payments outstrip the size of its losses in 2011.
02/23/2012
 RBS loses £2bn and hands £785m in bonuses
      RBS loses £2bn and hands £785m in bonuses
    The Royal Bank of Scotland has risked taxpayer fury as its bonus payments outstrip the size of its losses in 2011.
02/23/2012
 MPACT Financial Establishes Itself as an Independent Wealth Management Company in Dallas
      MPACT Financial Establishes Itself as an Independent Wealth Management Company in Dallas
    MPACT helps individuals, families and business owners manage risk in all phases of investing with an exclusive focus on Retirement Strategies, Estate Conservation and Business Succession Strategies.
02/23/2012
 SJP rolls out code of conduct for advisers on trail
      SJP rolls out code of conduct for advisers on trail
    Wealth manager St James’s Place (SJP) is rolling out "minimum service standards" for its advisers to ensure trail commission and ongoing fees are being levied fairly.
02/22/2012
 New wealth management division explores scaled advice
      New wealth management division explores scaled advice 
    The decision to explore limited or scaled-advice options stemmed from demand by the company's bank customers for Bendigo and Adelaide Bank's low-cost super offering, SmartStart Super, Tullio said.
02/22/2012
 HSBC To Overhaul UK Bonuses
      HSBC To Overhaul UK Bonuses
    HSBC, which will report its full-year results for 2011 next Monday, is to issue tens of millions of pounds in new shares to cover any bonuses of more than £50,000 awarded to UK-based employees, people close to the bank tell me.
02/22/2012
 Bankers, Watch Your Bonus, It May Be Revoked
      Bankers, Watch Your Bonus, It May Be Revoked 
    Swiss bank UBS is taking back 50 percent of share-based bonuses over 2 million Swiss Francs ($2.2 million) paid to investment bankers in 2011, after a profit plunge for 2012.
02/22/2012
 Coutts in Manchester goes to new heights for local charities
      Coutts in Manchester goes to new heights for local charities
    The money raised will be split between four charities.
02/22/2012
 Asset International to Launch Philanthropy Management in March 2012
      Asset International to Launch Philanthropy Management in March 2012
    Focused on the financial, operational and strategic services that support sustainable giving - the 'how' of modern philanthropy
02/22/2012
 UBS launches Israel wealth management unit
      UBS launches Israel wealth management unit
    The reason we didn’t acquire a company is that there is no company or investment house in the market that suited the concept that we want to bring to Israel.
02/22/2012
 Record year for St James's Place
      Record year for St James's Place
    “Whilst the road to recovery for the UK economy is likely to remain challenging, the need for trusted financial advice is greater than ever. Given the market opportunity available to us, together with the continuing growth and development of the Par
02/22/2012
 Barclays Wealth expands advisory service to Monaco
      Barclays Wealth expands advisory service to Monaco
    Barclays Wealth today announces that it has extended its Wealth Advisory reach and is now able to offer services directly to clients in Monaco.
02/22/2012
 Threadneedle systems catch £95m 'rogue trader'
      Threadneedle systems catch £95m 'rogue trader'
    Success contrasts with UBS and Societe Generale where dodgy trades initially went unnoticed
02/22/2012
 Lord Rothschild and Prince Charles launch alternative energy venture
      Lord Rothschild and Prince Charles launch alternative energy venture
    The group has committed more than £65 million to Tamar Energy, which launched today.
02/22/2012
 Bank of America Merrill Lynch Wealth Management Boosts Recruiting Deal For Top Brokers
      Bank of America Merrill Lynch Wealth Management Boosts Recruiting Deal For Top Brokers
    Bank of America Merrill Lynch Wealth Management unit has tweaked its recruiting deal to attract financial advisers from competitors, offering bigger upfront cash payments as well as an extra client-asset incentive to a larger pool of top-tier brokers, acc
02/22/2012
 Barclays publishes FSA Complaints Data
      Barclays publishes FSA Complaints Data
    In the Banking category there has been a 31 per cent reduction in complaint volumes for the full year 2011 compared to 2010.
02/22/2012
 Baroness joins UK wealth managers board 
      Baroness joins UK wealth managers board 
    She was previously editor-in-chief at the Wall Street Journal, Europe.
02/21/2012
 Trust boards are still failing too often on discount controls say investors
      Trust boards are still failing too often on discount controls say investors
    Despite this, 36% of respondents believed there would be a marginal or no impact on the demand for investment trusts as a result of the RDR. Only 11% thought the impact would be ‘considerable’.
02/21/2012
 UBS facing real estate headache in Hong Kong
      UBS facing real estate headache in Hong Kong
    UBS has limited options, people involved in the real estate market said, and is set for some tough negotiations with its landlord, MTR, which runs Hong Kong’s subway and owns the main space UBS occupies.
02/21/2012
 Rathbones sees full year 2011 profits jump 30 percent
      Rathbones sees full year 2011 profits jump 30 percent 
    Pre-tax profits at Rathbone Brothers increased 30pc last year to £39.2m as the wealth manager said it was "cautiously optimistic" for 2012.
02/21/2012
 Finnish investment bank focuses on wealth
      Finnish investment bank focuses on wealth
    "Evli Bank as a group has been recently refocusing more toward wealth management, and this is also bringing changes to the Baltic opera-tion," says Jolanta Latviene, the new CEO and board chairman of Evli Securities, Evli's Tallinn-based Ba