01/05/2012

Bluefin Wealth Management rebrands

A notice filed with Companies House states the name of the wealth management part of the business was changed as of December 30.

01/05/2012

Private client portfolios lost money during 2011

The most recent analysis that ARC has put together, for Q3 2011, described the period as “the worst quarterly PCI results yet recorded”, including 2008. Its full-year 2011 analysis is expected to be available in around six weeks’ time.

01/05/2012

SocGen to replace private bank head

SocGen, France's second-listed bank, is cutting jobs, selling assets and overhauling management under Chief Executive Frederic Oudea as it seeks to restore investor confidence after a brutal 2011.

01/04/2012

Nuveen Investments Completes Acquisition of 60% Stake in Gresham

Gresham joins Nuveen Investments' multi-boutique family of distinct and specialized asset management affiliates which includes Nuveen Asset Management, NWQ Investment Management, Santa Barbara Asset Management, Symphony Asset Management, Tradewinds G

01/04/2012

‘Superyachts’ Set Sail for Singapore

First the F1 Grand Prix, then the new casino resorts with celebrity chefs and theme parks, and now superyachts – is this Monaco, or once-sleepy Singapore?

01/03/2012

ANZ set sights on EU banks' Asian assets

IN the countdown to the close of 2011, with European banks caught in an ugly pincer movement, ANZ Banking Group chief executive Mike Smith began knocking on some doors.

01/03/2012

New Hurdles Loom in Euro Crisis

Economic reports will shed light on the depth of the downturn in the euro zone, which accounts for about a fifth of world output. Ratings companies lurk in the background, having already put the euro zone on notice for possible downgrades if the crisis ro

01/03/2012

Japan IMF stress-test results coming soon: report

The tests will simulate how banks' finances would stand up under a variety of scenarios, such as fallout from the euro-zone debt crisis, weak economic growth or a double-dip recession, the Nikkei reported.

01/03/2012

Tax Gift To The Rich

The average tax rate for the 400 wealthiest Americans was 29.3 percent in 1993, but dropped to 18.1 percent in 2008, according to the latest IRS statistics.

01/03/2012

Wealth gap evident on Capitol Hill Another pension perk

We don't begrudge anyone money he has worked for, but there is evidence some members of Congress have used their position for personal gain. There have been recent disclosures of use of inside information to trade on Wall Street - a practice that, in

01/03/2012

Financials hold key to Wall Street revival

With healthy banks widely seen as essential to economic recovery, there is concern that US equities will struggle in 2012 unless financials break out of their deep slump.