View more on these topics

UBS to take over Laing & Cruickshank

UBS is acquiring wealth manager Laing & Cruickshank from Cr&#233dit Lyonnais for around £160m. The wealth management service will approximately grow £5bn client assets and 75 advisers to UBS&#39s present £5bn client assets and 100 advisers in its four-year-old UK business. Subject to regulatory approval the deal is scheduled to be finished in the second quarter of 2004.

Recommended

Estate agency joins sellers&#39 packs action group

Estate agency Jackson-Stopps and Staff has added its support to sellers&#39 packs group Splinta who are campaigning against the packs. The company says it has reached the conclusion that the home condition report contained in the home information pack is totally inappropriate for the type of property the firm deals with.

Julian Gibbs

There have been numerous attempts at replacing with-profits bonds. The product I like best is from Keydata. Its UK protected growth plan is totally transparent and is already winning much praise from leading investment IFAs. Best Invest&#39s John Spiers, who I greatly respect, says: “This novel product could be the 21st Century&#39s replacement for with-profits, […]

Out of context

•”I&#39m sorry, have you got to go now? Can&#39t I bore you about how brilliant our mortgage is for another 10 minutes?” – Norwich & Peterborough press chief Alison Rolls. •”I&#39m just licking my lips because he is about to open a bottle of sour cherry vodka.” – HSBC Asset Management PR Dolly O&#39Neill on […]

Sting in the trail

The year has started with optimism that things will get better as markets become more buoyant. But for the financial services market to seize the opportunities that this optimism brings, it must encourage customer confidence. This is tricky to achieve when customers are asking themselves who they should trust as the FSA fines high-street names. […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment