Barclays' Boss to Support Investment Bank with More Hiring
British bank Barclays is hiring more investment bankers to bolster its New York-based operations, as the British bank prepares to tell investors it is committed to keeping its US business. – February 29 / The Telegraph
Ex-Barclays Boss to get Bonus Despite Being Sacked
Former CEO Antony Jenkins to receive £500,000 on top of salary even though he lost his job in 2015. – February 29 / The Guardian
Swiss Bank Bordier's New Office Kills the «Closed Door» View in Private Banking
In Asia, managing partner and fifth generation Evrard Bordier has used an incredible foresight and mettle to take the family business into a new paradigm of open engagements. The transformation started with a reinvented global brand followed by a new private banking office in Singapore at CapitaGreen, a Green Mark platinum-certified building. – February 29 / Singapore Business Review
It is Time for the Financial Markets to Hit the Reset Button
The current volatility in markets stems from the policies brought in in the immediate aftermath of the financial crisis. These have now served their purpose, says Brian Caplen, and it is the time for the banking world to move on, unencumbered by red tape, QE and low interest rates, much as it could before 2009. – February 29 / The Banker
Big Banks See the Need to Shrink – But Face a Path Full of Obstacles
When the U.S. Federal Reserve's newest policymaker Neel Kashkari dropped a bombshell with a call to break up big banks on Tuesday, it was met with a predictably indignant response from their lobbyists. One described his comments as «blind». – February 20 / Reuters
Banks Cutting Most-Experienced Bond Traders
Banks are taking a hatchet to their bond-trading businesses and the biggest casualties are proving to be the people with the most experience. – February 16 / Bloomberg
Corporate Veteran Henry Ho: Banking on His Years of Corporate Experience
After a distinguished career that had seen him through two financial crises and a terror attack, corporate veteran Henry Ho decided in 2013 that it was time to retire but friends and colleagues would not hear of it. – February 15 / The Straits Times
A History of Robo-Advisors
The first robo-advisors were founded in 2008, the year of the financial crisis. Their initial innovation was to rebalance investor assets within target-date funds, and give investors a modern, online interface. The strategy is essentially passive, since robo-advisors tend to buy and hold, rebalancing only when market shifts skew a portfolio’s allocations among equity, debt and other assets such as real estate investment trusts. – February 14 / Future Advisor
The 10 Most Collectible Cars of 2016
What 2016 model vehicles will give you the best return on investment over the next 25 years? Hagerty, an insurance provider for classic vehicles, ranks the top 10 cars it believes will appreciate in value. – February 10 / WealthManagement.com
