Managers of Wealth

HNWIs seeking bankers' advise from charity

Some wealth management firms are also offering guidance to their clients on setting up trusts that would invest in social causes.

RDR could force wealth management shakeout

A key aspect of RDR will be the eradication of commissions paid by product providers to wealth advisers, a widespread practice.

Brazil creating 19 'millionaires' daily

Another factor accounting for the rising tide of millionaires are high executive and banker salaries, which Morales said often beat those paid in the US.

AXA to offload Bluefin wealth management arm

It added that its insurance broking business Bluefin Insurance Group was not part of the review.

HSBC makes wealth management easier

The main aim is to help people discover what their needs are so that they can live with financial peace of mind now and in the future.

Iceland says no to Chinese billionaire's land bid

Huang Nubo, a 55-year-old former Chinese government official and one of China’s richest entrepreneurs, had hoped to “create a vast nature retreat” in northeast Ireland, according to AP.

Hedge fund gazillionaire prepares bid for Dodgers

Cohen is said to be working with Steve Greenberg, an investment banker with Allen & Co. who has close ties to Major League Baseball (he was deputy commissioner for a while).

European banks told to value sovereign writedowns consistently

The debt swap may take place next month, says IIF

Bermuda-based lender reports healthy Q3 results

Interest income increased to $11.40 million from $4.15 million in 2010. This increase was driven by the reallocation of a portion of the bank’s balance sheet out of cash products and into a diversified portfolio of higher yielding securities.