Managers of Wealth Offshore

Top global bank plans big drop in bonuses

The asset reductions are also compounded by higher capital requirements imposed by the European Union for mid-2012.

Top Irish rugby star invested €1/2million in Ponzi scheme firm

The Ireland captain, along with at least two other high profile rugby stars, gave CHC money to invest. Read more: http://www.dailymail.co.uk/news/article-2083743/Brian-ODriscoll-invested-1-2million-Ponzi-scheme-firm.html#ixzz1iuzNyxcJ

10 Resolutions Bank Marketers Can’t Ignore in 2012

The biggest impact of all of this noise was that attention was diverted from what should have been accomplished in 2011. As

U.S. demands names of Swiss bank staff: paper

Citing banking sources, the NZZ am Sonntag said Swiss banks had until January 23 to transfer documents to the U.S. Justice Department relating to their U.S. business since 2000.

Rothschild to advise on Lloyds UAE disposal

The bank, which is 40 percent owned by the UK government, has appointed Rothschild as an adviser for the sale, two sources confirmed to Reuters on condition of anonymity.

Newton augments UK private client team with new hire

Prior to joining Newton she spent 10 years working at Goldman Sachs Asset Management.

Senior Middle East Management Changes At Pictet

"With the ongoing turmoil in regional and international markets, the need for sound asset and wealth management is greater than ever,"

Banks brace for backlash as bonus season arrives

But announcements of more than 125,000 job cuts last year mean bankers will find it harder to use their traditional excuse that they need to pay out big bonuses to retain top talent.

Nick Clegg promises new City bonus clampdown

The City faces a new wave of curbs on bonuses as the Government prepares tough new action on bank pay, Deputy Prime Minister Nick Clegg has warned.

Mercer revamps wealth business to fit 'challenging times'

Mercer today announced a number of changes to its investment organisation designed to meet the changing needs of its institutional and wealth management clients

FSA Chief Delivers Bank Bonus Warning

The City regulator is to warn Britain’s bank chiefs that it will reject their plans to pay out billions of pounds in bonuses unless they demonstrate that they are retaining sufficient capital to weather a worsening storm in the financial system.

Lombard Odier names former ING man as Asia CIO‎

His role will see him strengthen the asset manager’s investment capability in the region as well as working on customised investment solutions for clients worldwide.

Sesame Bankhall appoints head of wealth management team‎

He will help to promote and deliver these new initiatives into the market and link the group’s investment platform strategy and new restricted advice service.

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.

StanChart sees 25-30pc growth in pvt banking in 2012

The bank is looking at leveraging its corporate and SME (small and medium enterprise) clients to increase the private banking customer base.

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.

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.

Will the 1st Indian billionaire sign giving pledge in 2012?

In India, the debate has moved from ‘Why should I give?’ to ‘Who should I give to?’ and ‘What should I give to?’

Asset managers hope that 2012 will be brighter year

The year was “nerve shredding,” says Michael McLintock, chief executive of M&G, the UK manager owned by Prudential.

Profitability ‘key challenge’ for asset managers, Deloitte

Accountancy firm says main challenge affecting investment managers’ profitability are “cautious clients”.

Wealth and Asset Management