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Eric Sarasin steps down over German tax evasion allegations 14:31 GMT
Eric Sarasin has resigned from his role as deputy chief executive and member of the executive committee of Switzerland's Bank J. Safra Sarasin.

Network of financial advisers fined for fourth time by FCA 13:59 GMT
The UK’s regulator, the Financial Conduct Authority (FCA), has fined Sesame Ltd, which claims to be the UK’s largest network of financial advisers, £1,598,000 for setting up a pay-to-play scheme.

LAST CHANCE TO NOMINATE FOR EPRIVATECLIENT'S 50 MOST INFLUENTIAL 2015 13:59 GMT
Today is the last chance to nominate for eprivateclient's 50 Most Influential 2015 - the private client sector's definitive rankings of who's who in the industry.

Restructuring hits RBS's third quarter private banking profit 08:01 GMT
RBS’s private banking division, which includes Coutts, has reported a drop in operating profit. For the third quarter ended 30 September operating profit £64 million, down nine percent. The bank said this was “principally due to higher restructuring costs.”

Close Brothers identify South West's oldest family businesses 08:01 GMT
500 year old RJ Balson & Son has been named the oldest family firm in the South West in a new report launched by Close Brothers Asset Management (CBAM) and Family Business United. The ‘Oldest Family Businesses in the South West’ report has also identified the 31 oldest family businesses in the region, with a collective trading period of 6,143 years, or an average of 198 years each.

Sarasin & Partners signs Indexx Markets to produce systematic indices 08:01 GMT
Managed indices provider Indexx Markets has signed a mandate to produce systematic indices for London-based asset management group, Sarasin & Partners.

Trio merge banking expertise to launch IT-based investment advisory platform 08:01 GMT
Liechtensteinische Landesbank, Avaloq and swissQuant Group have collaborated to develop a future-oriented IT platform for investment advisory.

Why would a rich wealth manager return to the industry once he has made his fortune? 08:01 GMT
Bestinvest founder John Spiers’ motivation for his return to wealth management is a mixture of head and heart.

Latin America's HNWIs are the wealthiest on average, with numbers set to rise - Julius Baer Wealth research 13:59 GMT
With $13.5 million per head compared to Europeans’ $3.3 million, Latin American high net worth individuals (HNWI) are on average far wealthier than those in other regions, according to Julius Baer’s inaugural ‘Industry Report Latin America’. It is predicted that Latin America’s prominence in this field will grow, too, with the number of ultra high net worth individuals (UHNWI) expected to increase by 42 percent until 2023.

Raymond James reports record fourth quarter results 30/10/2014
Raymond James Financial has seen its quarterly net revenue and quarterly net income reach record highs of $1.29 billion and $136.4 million respectively. The increase of $0.94 per diluted share covers the fiscal fourth quarter ended 30 September.

 
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