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Latest news from Wealth Bulletin
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Wealth-Bulletin.com ("the Bulletin") is a unique news and analysis service covering global wealth management, its clients and the broader wealth industry.
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Citigroup hires in wealth
Citigroup is out to get back on the front foot in UK wealth management with the hire of three senior executives based in London.
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World Cup fever: wrap up
The waiting is nearly over and rather unsurprisingly football has turned into a bit of a theme among market participants, with an avalanche of references and analysis taking centre stage.
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Enel to file prospectus for green power offering
Rome - Enel SpA is expected to file an initial public offering prospectus for its renewable energy unit next Thursday in one of Europe's biggest stock market listings in years, according to a person familiar with the matter.
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Coutts rebuilds its team for wealthy clients
UK wealth manager Coutts has bolstered its team for clients with assets of £30m (?36) or more with hires from Robert Fleming and Credit Suisse following the departures of two senior relationship managers last year.
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Fantasy football fashion
In Milan's high-fashion shopping district, the "quadrilatero d'oro," or golden rectangle, just about all the designers are playing the same game - buy my clothes, they seem to say, and you, too, can look like a fashion model. But not Dirk Bikkembergs, the German-Belgian designer, who opened up his first flagship store here last year.
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Wealth assets rebounded 10% in 2009
The assets of wealthy individuals rebounded strongly in 2009, but profitability at the private banks and other institutions that service them remained depressed because of underperformance and a failure to regain their clients' trust.
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Abu Dhabi wealth start-up targets HNW women
Al Bashayer Investment Company, an Abu Dhabi-based wealth management start-up, began operations on Monday, promising to cater exclusively to high-heeled female individuals, according to a report in Gulf News.
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Howes Percival strengthens private client practice
Solicitor Justine Flack and associate partner William Chalk have quit BP Collins to join Howes Percival?s private client unit, according to a report in The Lawyer.
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Co-founder to relinquish AXA Rosenberg role
Barr Rosenberg will step down as chairman of AXA Rosenberg Group?s board, as well as give up control of its research group, it has emerged, according to a report in The Wall Street Journal.
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Paulson reaps robust returns on gold-linked share classes
Paulson & Co?s gold-denominated investments have more than doubled the underlying returns in the $34bn (?28.1bn) hedge fund?s client funds, according to a report in the Financial Times.
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