07/22/2012
Credit Suisse Plans to Sell Two Private-Equity Businesses
The lender succumbed to pressure today to boost capital by 15.3 billion Swiss francs ($15.6 billion) amid the worsening European sovereign-debt crisis.
07/22/2012
The lender succumbed to pressure today to boost capital by 15.3 billion Swiss francs ($15.6 billion) amid the worsening European sovereign-debt crisis.
07/19/2012
The programme is modelled on that offered to families in the US by the Institute for Private Investors, acquired by Campden last year.
07/19/2012
Britain's HSBC is in sixth place on $377bn, a long way behind the top five, which all have about $1trn or more.
07/19/2012
Latest in a Series of News Media Recognitions for Independent Investment Management Firm; Jeffery Camarda Appears in Wall Street Journal.
07/19/2012
Morgan Stanley’s bright spot was its wealth-management machine.
07/18/2012
Three years on, she has lured a number of her former Morgan Stanley colleagues to join her company, deNovo Corporate Advisors, which is helping small private Middle East companies that are looking for acquisitions, joint ventures or capital-raising opport
07/18/2012
Hodgson told CNBC his research shows the incentive structure on Wall Street, in which bonuses are paid based on short-term profits, was one of the prime factors that caused the financial crisis in 2008 and 2009.
07/18/2012
The Chicago-based wealth management firm said Wednesday that the fees it charges for handling trusts and investments climbed to its highest level in four years.
07/18/2012
On a year-over-year basis, GAAP Net Income Attributable to the Company decreased from $14.5 million in the second quarter of 2011. Earnings per share were flat on a year-over-year basis.
07/17/2012
Nearly half of family offices worldwide anticipate a change in leadership in three to five years
07/17/2012
Government taxation of charities tends to reduce the philanthropic sector's ability to address social needs that are often not covered by government, according to Richard Schwartz, Philanthropy Management's editor. "This calls into question
07/16/2012
Provident Bank has announced it has launched a new Wealth Management Services practice and filled two key roles.
07/16/2012
Shift Into Lower-Margin Lending Reflects Harsh Climate Facing Wall Street
07/15/2012
A good deal of their job is managing emotions.
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
Citigroup Inc. today reported net income for the second quarter 2012 of $2.9 billion, or $0.95 per diluted share, on revenues of $18.6 billion.
07/12/2012
That is the idea that when the rich get richer, everyone else benefits, too.
07/12/2012
Citi Private Bank hired Lisa Maurer as its new family office group director for the Northeast region.
07/12/2012
National Financial Partners Corp. NFP +0.36% , a leading provider of benefits, insurance and wealth management services, today announced that it has acquired Fusion Advisor Network ("Fusion"), a leading provider of practice management and busin
07/11/2012
ClearView’s biggest shareholder is Guinness Peat Group, which has a 47.84% interest and has been seeking to offload several other investments in its portfolio.