02/08/2012
Swiss Bank Wegelin Charged in U.S. With Aiding Tax Evasion
The indictment follows charges filed Jan. 3 against three Wegelin bankers accused of conspiring to help U.S. clients hide more than $1.2 billion in assets from American tax authorities. Wegelin announced on Jan. 27 that it agreed to a sale to Switzerland&
02/08/2012
The firm has $1.3 billion of assets under discretionary management.
02/08/2012
Brown Advisory was selected as the winner among six companies nominated by an independent panel of industry experts.
02/08/2012
During the third quarter of fiscal 2012, the quarter ended December 31, 2011, Canaccord Financial Inc., generated $147.9 million in revenue and recorded net income of $2.5 million, or $0.01 per common share.
02/04/2012
U.S. Trust specialists will work with clients and their future heirs to deliver a customized program based on their needs.
02/03/2012
HSBC Canada's Head of Wealth Unit Leaves
He headed HSBC's wealth management unit for more than a year.
02/01/2012
Swiss private bank to eliminate 109 NY jobs
The cuts were disclosed by the Zurich-based company in a filing dated yesterday with the state Department of Labor.
02/01/2012
London-based banking giant named the World’s Most Valuable Banking Brand in 2012
This strong performance from the London-based banking giant stood out in its region; European banks performed miserably, making up 16 of the 20 “fallers” on the table.
01/27/2012
Net income for the first quarter of last year totaled $81.7 million and $68.9 million last quarter. Price per diluted share for the first quarter is $0.53, versus $0.65 per diluted share in the first quarter of 2011 and $0.54 per diluted share last quarte
01/27/2012
Widmer-Schlumpf said Switzerland was already discussing possible fines its banking industry will have to secure a global civil settlement with U.S. authorities.
01/27/2012
Firm Leads Rule 144 and 10b5-1 Broker Rankings with 17.0% and 23.4% of market share, respectively
01/27/2012
The survey was commissioned by Ameriprise Financial and conducted online by Harris Interactive, August 4-12, 2011.
01/27/2012
“The loyalty these advisors have demonstrated during what must have been an excruciatingly stressful period is a testament to their character, their dedication to clients and the importance they place on being a part of a firm that is like family.&a
01/27/2012
There are no changes to the ownership or control of Eagle or the Eagle Family of Funds resulting from Riess’s retirement, or any material change in investment advisory or portfolio management services provided by Eagle.
01/27/2012
Swiss Private Bank agrees to sale amid U.S. Tax-Evasion crackdown
We are determined to see the legal negotiations through to the end. At the same time, it is our duty to guarantee our clients and staff the greatest possible security.
01/26/2012
Throughout the decades, Americans have elected very wealthy men to the White House without any fanfare. Yet with record rates of unemployment that many are experiencing over a period of years, the issue of class in the U.S. has gained a new significance.
01/26/2012
Managers including ex-Gartmore employee Guillaume Rambourg, former Barclays Capital commodities trader Todd Edgar and Sutesh Sharma, a senior proprietary trader at Citi are amongst those trying to raise capital for new businesses.
01/26/2012
For 66 years, they lay unseen, first in a vault on the Upper West Side, more recently in a special cabinet.
01/25/2012
The Lunar New Year of the Dragon begins at midnight on Sunday.
01/25/2012
The survey of about 1,000 individuals with $250,000 or more in investable assets is conducted every six months, and the full results should be released in February.