JV hit by big Citi wealth outflows
The largest global wealth management force ranked by financial adviser headcount and a top three player by client assets is…
ByMonth: January 2009
News Digest
Hedge funds worldwide lost $350bn in 2008...
ByGeneva banks big losers in $50bn scandal
Private banking reputations in the US and across Europe have been damaged by the alleged $50 billion Ponzi swindle by…
ByEFG model sees it through torrid year
Jean-Pierre Cuoni, chairman of EFG International, tells PBI that firms which allow client relationships to flourish and can simplify complexity…
ByFSA studies ‘sales advice’ labelling
Following the publication of its Retail Distribution Review, the UKs Financial Services Authority is conducting a study into the likely…
ByBonds preferred as caution takes hold
Corporate bonds, preferred bank debt and convertibles are becoming increasingly attractive for investment managers, with equity markets tipped for a…
ByLocal banks play on foreigners’ woes
PBI spoke to regional private banking heads at UBS, HSBC, Santander, Ita-Unibanco and BBVA to gauge the state of the…
ByCrash of 2008 speeds change in US
Around 1,500 financial advisers leave top wealth management firms per year in the US to set up their own businesses,…
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