07/17/2012
Under the terms of the arrangement, Premium has taken a 25 per cent stake in the group, with Premium chief executive Paul Harding-Davis and Michelle Brisbane (a financial adviser with Ethical Investment Services) joining Emerald's board.
07/17/2012
Private Banking with 2Q12 net revenues of CHF 2,704 million and pre-tax income of CHF 775 million
07/17/2012
Scorpio Partnership’s annual Private Banking Benchmark of the global wealth management industry released today shows international providers weathered the storms of 2011 more successfully than smaller players.
07/17/2012
RBS Private Banking India, the Indian private banking arm of the Royal Bank of Scotland Group, has launched a new bespoke Credit Solutions offering.
07/16/2012
Shift Into Lower-Margin Lending Reflects Harsh Climate Facing Wall Street
07/16/2012
Bonuses often make up the majority of pay for senior investment bankers, with managing directors at most major Western banks usually in line to make around $1 million or more a year.
07/15/2012
ING is selling its Asian life insurance and its asset management units in the region as it needs to repay bail-out funds it received from the Dutch government during the 2008 financial crisis.
07/15/2012
The asset management arms of banks, many of which are keen to sell, are likely to head the list of acquisition targets.
07/15/2012
Angela Hayward, Tom Maxwell, Mark O'Flynn and Steven Menyweather have all been appointed private client advisers for the Brisbane team, while Katerina Gagliostro and Wesley Hui have joined the office as associate advisers.
07/15/2012
The award process is increasingly more competitive and for Citi to continue to win the best bank award is a reflection of Citi's continued commitment, growth and investment in Asia.
07/15/2012
Increased adviser poaching by means of large sign-on fees could result in a growing expectation such bonuses will remain, a number of recruiters said.
07/15/2012
Analysts have begun to express concern that the extraordinary rise of WMPs over the last year is creating hidden risks in China's banking system.
07/12/2012
Nielsen's Global Consumer Confidence Survey on investment attitudes shows 48% of consumers in the Asia Pacific region said they were invested in the markets or used investment services.
07/12/2012
One justification for the economic policies that go under the name of reform is that the poor gain by a trickle-down effect. But the effects do not always trickle down.
07/12/2012
Sales of everything from gold watches to leather handbags are declining, although they are still robust by global standards.
07/12/2012
The survey, which asked over 12,000 people whether they agreed with the statement "most rich people in my country deserve their wealth," found that this year nearly 15 percent strongly agreed and 28 percent agreed versus 12 percent and 27 percen
07/12/2012
According to Amit Dalal, executive director of Tata Investment Corporation, private sector banks definitely make an investment call.
07/12/2012
Australian financial services provider IOOF Holdings is poised to acquire listed wealth management company Plan B Group Holdings for 49.1 million Australian dollars.
07/11/2012
Also known as Winston Wen, he is one of the most successful and prominent private equity investors in China, and a highly controversial figure in the Chinese investment community.
07/11/2012
Perpetual said the transaction was not expected to be material to this year's net profit.