03/20/2012

Deutsche to open gold vault in London

In London, centre of the global bullion market, vault space is running low and numerous companies are attempting to break into the market.

03/20/2012

AES International Opens First Office in Zurich ‎

AES International operates in several jurisdictions around the world, providing financial planning, wealth management and private banking services to expatriates living and working in Europe, the Middle East and other international markets.

03/20/2012

Royal Bank of Canada to Acquire RBS Private Banking Assets

The business to be acquired includes clients who reside in Latin America, the Caribbean and Africa, as well as key private banking staff based primarily in Geneva, Switzerland and also includes a team in the Cayman Islands.

03/19/2012

Barclays to drop Barclays Wealth brand

Barclays will drop the Barclays Capital name from its securities unit after 14 years as it tries to offer clients more services from across the bank.

03/16/2012

Platinum Wealth CEO given community order for train assault

Croydon Magistrates' Court confirmed 45-year-old Kevin Fowler, CEO of Platinum Wealth Management, was sentenced to a one year community order, with 200 hours of unpaid work, after the incident which reportedly left another man with a cut under his ey

03/15/2012

Barclays execs are quids in after £30m share sale

TOP staff at Barclays cashed in around £30m worth of shares this week, the bank said yesterday, just weeks after it revealed that chief executive Bob Diamond took home pay, shares and benefits totalling £17m last year.

03/15/2012

Arbuthnot Latham doubles its pre-tax profit

Profit before tax increased to £2.0m (2010: £1.0m) as the Bank continued to successfully implement its strategy of providing a full service banking and advisory product offering

03/14/2012

Upbeat Brooks Macdonald defies markets

WEALTH manager Brooks Macdonald has continued to enjoy solid growth in the funds it administers, even as markets tanked in the second half of last year.

03/13/2012

UBS, Deutsche Bank Fight U.K. Over Taxes on 2003 Bonus Plans

UBS AG (UBSN) and Deutsche Bank AG (DBK) said they don’t owe taxes over a 2003 compensation plan U.K. authorities argue was designed to avoid millions of pounds in taxes and national insurance contributions on employee bonuses.