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RBC seeks buyers for some international wealth operations 04/12/2014
RBC is looking for buyers to acquire some of its international wealth management operations which the Canadian bank is currently exiting, according to George Lewis, its group head of wealth management and insurance.

Brewin Dolphin reports 70 percent drop in profits 03/12/2014
Brewin Dolphin has reported a pre-tax profit of £8.6 million, a year on year decrease of 70 percent. The firm said the decrease was due to “exceptional costs from restructuring the business”.

WH Ireland finishes 2014 ‘below expectations' but confident for 2015 03/12/2014
UK wealth manager and corporate broker WH Ireland has revealed it will finish 2014 “below expectations.”

Charles Stanley reports £3.9 million loss 27/11/2014
Charles Stanley has reported a pre-tax loss of £3.9 million for the six months ended 30 September 2014. This compares with a profit of £4.9 million for the same period last year.

Ashcourt Rowan reports 'positive' growth 26/11/2014
UK wealth management group Ashcourt Rowan plc has seen earnings before tax and interest more than double this year to £1.9 million while discretionary and managed assets have recorded a year-on-year increase of 40 percent to £2.3 billion, according to its interim results for the six months ended 30 September 2014.

One step forward and one back at Kleinwort Benson 24/11/2014
At first sight Kleinwort Benson Wealth Management (KBWM) appears to be making progress, at least according to the data contained in the interim trading statement released by RHJ International, its owner (see thewealthnet 24/11/2014).

Kleinwort Benson reduces losses but assets under management fall 24/11/2014
An uplift in banking and treasury-related revenues helped London-based Kleinwort Benson Wealth Management (KBWM) to record a much improved result for the first half of 2014, according to the interim statement produced by RHJ International, its Brussels-based owner.

Wealth management helps boost Walker Crips profit 20/11/2014
Walker Crips has reported a year on year increase in gross profit of 10.4 percent to £7.4 million for the six months to 30 September 2014. The firm said this “reflecting considerable progress made in investment and wealth management businesses.”

Market movements stall AUM at Close Brothers Asset Management 20/11/2014
Close Brothers Asset Management has reported stable assets under management (AUM) of £9.7 billion for its first quarter ended 31 October 2014.

Schroders doubles wealth management profit 06/11/2014
Schroders wealth management division has reported pre-tax profit for the three months ended 30 September of £22.9million, a year on year increase from £10.4 million or 120 percent.

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