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RBS reports higher private banking earnings in upbeat statement 08:01 GMT
The private banking operations of RBS, of which Coutts is the main component, recorded an operating profit of £145 million in the first half of the year, up from £88 million in the same period of last year.

Legg Mason acquires Martin Currie 08:01 GMT
Global asset management company Legg Mason has acquired Martin Currie, an active international equity specialist based in the United Kingdom.

Parmenion doubles profits - credits centralised investment proposition expansion 08:01 GMT

Cordea Savills transactions exceed £1 billon 08:01 GMT
In the first six months of the year, Cordea Savills, the international property investment manager, has completed over £1 billion of transactions spread over 46 individual/portfolio acquisitions.

UBP increase AUM by 8 percent 24/07/2014
Union Bancaire Privée has reported an 8 percent rise in its assets under management since the end of December 2013, from CHF 87.7 billion to CHF 94.8 billion (USD 106.9 billion) at the end of June 2014.

Interactive Investor implements new wealth manager execution tool 24/07/2014
UK execution only stockbroker Interactive Investor has agreed a deal with Investment Software Limited to incorporate its IMiX software into Interactive Investor’s execution service.

UBS hit with EUR 1.1bn bail in French tax investigation 24/07/2014
UBS will have to pay bail of EUR 1.1 billion after being placed under formal investigation by French authorities for allegedly assisting wealthy French clients conceal money in Switzerland.

Strong intermediary relationships drive Brooks Macdonald progress 24/07/2014
Brooks Macdonald Group plc has reported 28 percent growth in funds under management for the year ended 30 June.

Rathbones reports profit increase and settles court case 24/07/2014
Rathbones has reported pre-tax profit of £30.9 million for the six months ended 30 June 2014, a year on year increase of 33.2 percent. The firm has also entered into a conditional settlement of an ongoing legal case.

FCA imposes recruitment ban on the Financial Group 24/07/2014
The Financial Conduct Authority (FCA) has used its suspension power for the first time, banning two of the Financial Group’s subsidiaries, Financial Limited and Investments Limited, from recruiting new appointed representatives (ARs) and individual advisers for a period of four and a half months.

 
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