09/12/2023
UBS to Cut Asian Wealth Jobs
Pre-tax profit at the bank’s wealth management unit in the region fell by 8 percent year-on-year in the second quarter of 2023.
Comment & Analysis
09/12/2023
US shoppers are still at the wheel of the world economy
At the end of the US summer, macroeconomic indicators and corporate narratives point to the spending trend continuing.
09/12/2023
Finance: Trusting one’s property or assets to a trust
The main attractive feature of asset protection trusts is the possibility of segregating assets from potential creditors
09/11/2023
The top 10 cities around the world with the most ultra-wealthy people
Wealth-X examined the global population of ultra-high net worth people to find where they live.
09/11/2023
Why Wealth Managers Must Focus On Retail Investors (And How)
Despite the attractiveness of this cohort, the market needs of retail investors are unfamiliar territory to traditional firms.
09/08/2023
How do we help our philanthropic clients to draw up their project?
Future philanthropists are introduced to us by their private banker.
09/08/2023
Asia’s ultra-rich population records largest drop in the world. Here’s how North America and Europe did
Asia’s ultra-high net worth population decline marked the largest regional fall in the world, a recent report by Altrata showed.
09/07/2023
Singapore’s 50 Richest 2023: As Facebook Cofounder Eduardo Saverin Takes The Top Spot, Combined Wealth Rises To $177 Billion
After occupying the top spot for two years, Li slipped to No. 3 as healthcare stocks took a hit on China’s anti-corruption drive against the pharma sector.
09/06/2023
ABN AMRO brings joy and power of sports to as many sporters as possible as season kicks off
This year’s sports season kick-off is a key moment to bring the joy and power of sports to as many people as possible with a campaign to drive home the message that everyone deserves a chance to do sports.
09/06/2023
Giorgio Pradelli: «I Don't Want to Hear We've Reached the Summit»
The CEO of the global private bank spoke about Asia, the need for scale, client advisors, and board member Boris Collardi.
09/06/2023
Quilter Cheviot challenges investment trust sector with long-term engagement programme
Quilter Cheviot provided each investment trust with a red, amber or green rating on the three criteria.
09/06/2023
MoneyPark and Helvetia are combining sales power and expanding their leading positions
The two companies plan to significantly expand the annual mortgage volume brokered, which currently stands at over CHF 3 billion, over the next five years.
09/05/2023
Even a slowing China remains key to commodity markets
By some estimates, China’s demand for crude may have already peaked in 2023.
09/05/2023
Americans say these 3 things define wealth—none of them require making a lot of money
The things Americans say would make them feel wealthy, however, don’t necessarily come with a price tag.
09/05/2023
UAE's Ultra-Wealthy to Inject $500bn into Economy by 2026
A recent study revealed that this substantial sum equates to a forecasted 46% growth in financial wealth, translating to a compounded annual growth rate of 6.7%.
09/04/2023
BlackRock is wrestling with succession planning. Here's the latest news on the biggest money manager.
BlackRock is the largest asset management firm, overseeing $9.4 trillion as of June.
09/04/2023
No savings at 30? Here’s how Warren Buffett built his wealth
But his advice could pave the way to a far more comfortable lifestyle in the long run, even for those with no savings today.
09/04/2023
Celebrity Net Worth: Novak Djokovic crowned 2023's highest-paid tennis player
In our fortnightly celebrity investment and wealth round-up, YouTuber Bhuvan Bam has a fortune of $14.7 million and Ons Jabeur invests in the North Carolina Courage women’s football team
09/04/2023
For Sergio Ermotti, the takeover of CS is not entirely perfect
UBS boss Sergio Ermotti can thus implement his “basic scenario” of full integration of the competitor that has been taken over and should be satisfied accordingly.
09/01/2023
Central Bankers Attempt to Climb Out of a Hole
Thus, while central bankers in the US remain biased – perhaps reluctantly – towards further rate hikes, the markets believe differently, ascribing just a 40% probability of a Fed rate hike by year-end.