Redrock Wealth launches fixed fee investment advisor service

The Portfolio Architect services range from a “fresh start” risk profiling and asset allocation analysis, to a complete investment portfolio review and fiduciary analytical service. Core services incorporate specific no-load mutual fund and ET


Asset management firm loses largest customer

She would not comment on the reason for Manulife’s decision. Nor would she reveal the precise financial impact losing the client has on the 30-year-old firm that handles Matrix’s institutional and high-yield client base.


Crescent Wealth partners with US fund manager

Australian Islamic fund manager Crescent Wealth has partnered with US Islamic fund manager Saturna Capital to manage its soon to be launched international equity fund.


Luxury Home Values Stable in Fourth Quarter of 2011

First Republic Bank produces the Prestige Home Index each quarter with Fiserv CSW Inc., a leading provider of automated property valuation services and home price metrics to U.S. financial institutions.


BNP Paribas CIB sells North American reserve based lending business

This transaction comprises $9.5 billion of total loan commitments, including $3.9 billion in funded balances as of December 31, 2011. All of the 36 people currently working in this business in Houston and Calgary will be offered employment at Wells Fargo.


AXA Advisors Awards top honor to 100-year-old agent

These honors recognize leadership, sales performance and service. He is also a life member of the Million Dollar Round Table, an international association of leading financial professionals recognized as the standard of excellence in the life insurance in


HSBC To Overhaul UK Bonuses

HSBC, which will report its full-year results for 2011 next Monday, is to issue tens of millions of pounds in new shares to cover any bonuses of more than £50,000 awarded to UK-based employees, people close to the bank tell me.


Chastened UBS uses 150th events to polish image

The bank has been back in the headlines for the wrong reasons this month after it posted poor results for the last three months of 2011 and over its involvement in a global inquiry into a conspiracy to manipulate interbank lending rates.


Dominique Strauss-Kahn questioned as 'pimp' suspect

The 62-year-old ex-Socialist minister was seen as the frontrunner to replace Nicolas Sarkozy as president of France until his arrest last May on rape charges on a New York maid – later dropped.


Cayman takes aim at Bermuda

Last night, Premier Paula Cox responded to his comments by stating that Bermuda was known as the risk capital of the world and was working to extend its lead while Cayman was trying to close the gap.