Citywire Wealth Manager: for investment professionals
Coutts cuts 20% of front office in RDR restructure
Only 80% of Coutts’ front line staff have been offered roles, following the bank’s decision to place a greater emphasis on wealth management in the run-up to the RDR.
Leave a commentFacebook status update: the best of the web
The social network's shares commence trade on Wall Street this afternoon at $38 a piece, giving the social networking site a valuation a massive $104 billion. Stay tuned to track the firm's progress on this momentous day.
Leave a commentAngelos Damaskos' take on the gold bear market
The precious metal has plunged into bear territory because of market volatility, rather than on the back of truly weak sentiment, Junior Gold manager Angelos Damaskos believes.
Leave a commentSpanish fears push FTSE below 5,300
Britain’s FTSE 100 slides as Moody’s downgrades 16 Spanish banks overnight and the country’s borrowing costs remain above 6%.
Leave a commentFSA gives thumbs up to landmark residential property fund
Hearthstone Investments has received approval from the Financial Services Authority to launch the UK’s first regulated residential property fund.
2 CommentsNew Model Adviser®: for professional financial planners
AXA hits out at Skandia’s influence over FSA platform policy
Skandia has exerted an undue level of influence over the Financial Services Authority on the regulation of platforms and whether or not to ban cash rebates, according to a panel of platform bosses.
9 CommentsTibergien: IFAs ignore female clients at their peril
Advisers face losing out on around 60% of the UK’s wealth unless they put a greater emphasis on advising women, according to Pershing Adviser Solutions chief executive Mark Tibergien.
1 CommentCollapsed IFA's Ucis sales to spark £6m FSCS claims
The collapse of Edinburgh-based IFA Dunedin could result in up to £6 million in consumer redress falling on the Financial Services Compensation Scheme due to the firms’ sale of unregulated collective investment schemes.
37 CommentsPrudential hit by shareholder revolt over pay
More than 30% of shareholders have opposed Prudential's pay policy at its annual general meeting.
Leave a commentCitywire Money: making the most of your money
Facebook flotation: surely, not worth a poke?
Few can fail to be impressed by the social media firm's numbers, but can it possibly justify a $100 billion (£62 billion) valuation in its flotation today?
Leave a commentMarket blog: Spanish fears push FTSE below 5,300
Britain’s FTSE 100 slides as Moody’s downgrades 16 Spanish banks overnight and the country’s borrowing costs remain above 6%.
Leave a commentFund of the Week: Smith & Williamson Far Eastern Growth Trust
This fund has been adjusted to insulate it from Western woes, focusing instead on the strength of the Asia Pacific region.
Leave a commentThe four key questions for the global economy
Andrew Milligan, head of global strategy at Standard Life Investments, shares his thoughts on the US, oil, Europe and China.
Leave a commentCitywire Global: for international fund selectors
Euro bond manager Leduc welcomes Europe's austerity revolt
VIDEO: A shake-up in political leadership was just the tonic for getting Europe on the growth track says BNY Mellon's AAA-rated manager David Leduc.
Leave a commentChina strikes M&A gold in beaten-up periphery says expert duo
It started with hotels in Greece, but the buying spree is unlikely to end there. Laffitte's A-rated managers reveal how they're getting a slice of the action.
Leave a commentLeading China equity manager poached
EFG Asset Management confirms addition to Hong Kong office as part of major Asia push.
Leave a commentChina's currencies may converge in five years, says Asia bond manager
Economic shifts will see onshore and offshore renminbi converge in the 'long term', says Western Asset's regional expert.
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