
(For other news from Reuters Wealth Management Summit, click on http://www.reuters.com/summit/Wealth15) By Steve Slater LONDON, June 12 (Reuters) - The flow of clients moving to online wealth management services from traditional banks could increase sharply as wealthy clients focus mo
Stocks managed to hold on to their gains at the end of the session despite news the International Monetary Fund had pulled the technical team which was negotiating with Athens in Brussels. RBS was among the best performers in London after the government announced plans to sell down its stake, while
* Carney: age of irresponsibility in finance is over * Reforms will reverse tide on "ethical drift" * Experts say plan not a game-changer * For a FACTBOX: (Adds reaction) By Huw Jones and William Schomberg LONDON, June 10 (Reuters) - Britain announced a clamp-down
* To cut credit, rates trading assets by $100 bln * Closing 975 clients, over 20 percent, to review 250 more * Aims to raise GBM return on assets to 2.6 pct in 2017 By Steve Slater LONDON, June 10 (Reuters) - HSBC's investment bank could shed more than a fifth of its clien
By Huw Jones and William Schomberg LONDON, June 10 (Reuters) - Britain announced plans to clamp down on abuse in financial markets on Wednesday after a string of scandals that sullied the reputation of the financial system and have so far cost banks $19 billion in fines. Under the pro