01/19/2012
Raymond James Financial now owns 100% of UK subsidiary Raymond James Investment Services (RJIS) following the acquisition of Killik & Co’s 25% stake in the UK private client wealth management business.
01/18/2012
Having fired more employees than in any other country last year, the capital’s banks are facing falling trading revenue, attacks from politicians to reduce pay and more job cuts.
01/18/2012
The Central Bank of Bahrain (CBB) said it has granted a representative office licence to the Swiss firm for operation in the Kingdom.
01/18/2012
Swiss private bank closes office due to 'challenging conditions'
The closure follows its sale of EFG's Danish unit to SEB Wealth Management for an undisclosed price earlier this year.
01/18/2012
Sale of investment banking unit to Westhouse Holdings to be complete by the end of the week company confirms.
01/17/2012
The number of investment bankers sacked or suspended for failing to comply with regulatory rules has doubled in the two years since the Lehman Brothers crash, official figures show.
01/17/2012
So rapidly has the concept of ‘boutique’ investment banks evolved in the past few years that it has become hard to define clearly.
01/17/2012
Newton has announced some changes within its investment team designed to ensure a focus on strong performance across its range of mandates and position the firm for continued growth.
01/17/2012
Pioneering Survey of 3,300 HNWs Concludes Redefining the Wealth Management Customer Journey Is Now Critical to Success
01/16/2012
The RBI said “perverse incentives” have “amplified the excessive risk taking that severely threatened the global financial system”.
01/16/2012
The head of the Edinburgh operation is leaving the business and will not be replaced.
01/16/2012
The private members’ club chain was valued at about 250 million pounds ($382 million), the newspaper reported, without saying where it got the information.
01/16/2012
Back in 2008 Seven Investment Management (7IM) launched its groundbreaking range of AAP (Asset Allocated Passives) funds.
01/13/2012
The predominant type of security listed in 2011 was specialist debt and within that category, Special Purpose Vehicles (SPVs) represented 58% of securities listed, with the majority domiciled either in the UK or Jersey. The total number of securities admi
01/13/2012
RIAs and family office advisors who download it from Apple’s App Store can customize their preferences to view clients’ accounts and orders, access stock quotes and analysis and view and filter alerts before or during client visits on their iP
01/13/2012
There are many events that could surprise investors in the year ahead. Here, we present our top five possible positive and negative surprises for the global economy.
01/13/2012
Gold will soar to $2,000 (£1,300) an ounce this year, according to industry insiders.
01/13/2012
Chief Executive Jamie Dimon said the largest U.S. bank by assets was seeing signs of improvement in loan demand and credit quality as the economy recovers.
01/12/2012
No jobs will be lost in the move. The Sabadell Bank & Trust division in Miami is led by Orlando Roche, who previously managed the Miami office for Palm Beach-based Lydian.
01/12/2012
Temasek Holdings Pte, Singapore’s state-owned investment company, is the bank’s biggest shareholder with a 27 percent stake, according to data compiled by Bloomberg.