Managers of Wealth

Bitcoin is not an investment we would advise, UBS chairman says

UBS Chairman Axel Weber told CNBC that the bank makes a clear distinction between institutional and retail clients when it comes to investing in bitcoin

Artificial intelligence by Tim Price

“We should never forget that economic forecasting was invented to make weather forecasting look good.”

UBS Can Afford to Delay Radical Surgery

CEO is right to resist the temptation of a more drastic overhaul.

Richemont, Doubling Down on Online Luxury, May Buy Yoox Net-a-Porter

Richemont, which also owns upscale brands like IWC, Montblanc and Van Cleef & Arpels, knows that times are changing

Goldman Sachs warns high net worth clients about cryptocurrency mania

The meteoric rise of cryptocurrencies has “moved beyond bubble levels,” Goldman’s Sharmin Mossavar-Rahmani and Brett Nelson write.

New book: What big data and behavioral psychology can teach us about business strategy

So the book was really a product of those two ideas.

Ask Alexa by Penny Lovell

I will personally cash in my life savings to buy shares in the first company which comes up with a digital assistant that can pull off that miracle.

Boris Collardi Explains His Exit

The 43-year-old private banker is now heading to the smaller Geneva rival Pictet.

UBS Investors Have Targets at Top of Wishlist for Ermotti

Four years ago, UBS Group AG fine-tuned its pivot to wealth management just as other parts of banking became less profitable

Why Switzerland's banks are dying out

Regulations are being tightened and, as if that weren’t enough, customers are demanding fancy apps that will let them manage their assets at any time, which costs money.

Four Reasons Why Cryptocurrencies Will Continue To Crash

Bitcoin, the world’s largest cryptocurrency by market cap, crashed below $10,000 for a coin today.

Ex-Baer boss says desire to be entrepreneur drove sudden exit

Collardi had been CEO at Julius Baer since 2009 and he had faced disputes with shareholders over his pay.

New Year's Resolutions: Have you made yours? by Justin Urquhart Stewart

A new year, however, can also be the chance to take stock though of your life

What Are Very Attractive Clients For Trusts And Estates Lawyers?

One out of ten of those surveyed see inheritors as being a very attractive type of affluent client.

‘Freedom at a Price’: Why Regulation Is Crucial to Fintech’s Future

The emerging fintech ecosystem has also created opportunities for firms like LegalZoom, a web-based platform that promotes inclusion and aims to make legal help accessible to all.

St. James’s Place – "Sterling makes a comeback on soft Brexit hopes"

Equity volatility struck a 60-year low, while the S&P 500 and FTSE 100 recorded new highs

Coutts slams cryptocurrencies

Syed’s comments come as the prices of some cryptocurrencies have soared recently with wealth managers and private banks divided on the issue.

Citigroup reports $18.3-billion loss on tax charges

This charge is comprised of $19 billion related to the re-measurement of Citi's deferred tax assets arising from a lower U.S. corporate tax rate and shift to a territorial tax regime

What's up in the North - catching up with Sanlam's Teesside office

Tindle, like many, recognises there does appear to have been a focus on Manchester and the North West in George Osborne’s original plans.

Outlook 2018: Global Economy - Brown Shipley

The disillusionment of investors in the effectiveness of central bank policies to lift economic growth sufficiently has been manifest in the degree to which longer term interest rates (bond yields) have fallen.

Comment & Analysis