Managers of Wealth

Warren Buffett Bashes Hedge Funds at Annual Meeting

Warren Buffett nibbled on sweets during his presentation to shareholders on Saturday but he took a bite out of hedge fund managers.

Swiss National Bank Posts $5.9 Billion First-Quarter Profit on Gold, Currency Positions

Earnings driven by gold holdings and foreign exchange positions

Market Turmoil Hits EFG Revenue as Wealthy Cut Back on Trading

EFG fell as much as 2.5 percent and was down 1.5 percent to 6.01 Swiss francs at 10:34 a.m. in Zurich.

Deutsche Bank Profit Hit by Tough Markets

Figures are German lender’s first full quarter under a new structure announced in October

Schroders posts fund inflows before AGM protest

Glass Lewis is also recommending a vote against Mr Dobson’s pay, which rose to £8.9m in 2015, making him the eighth best paid executive in the FTSE 100.

Avaloq achieves a record year

This rapid development is based on the continuous innovation of Avaloq’s software product, the Avaloq Banking Suite, as well as significant demand for BPO solutions.

KBL Private banking assets under management increase 8%

KBL European Private Bankers (KBL epb), headquartered in Luxembourg and operating in 50 cities in Europe, announced today its positive financial results for the 12-month period ending December 31, 2015.

The Middle East 2016 Wealth Report - Research and Markets

This report provides a comprehensive review of the wealth sector in the Middle East, including HNWI trends, luxury trends and wealth management trends in each country.

Standard Chartered PB income slips

ncome from private banking – one of four divisions – dropped 3% for the quarter and a hefty 22% year-on-year to US$118 million, accounting for 3.5% of whole-of-group income.

Barclays reports 25% profit slump and confirms interest in Africa arm

Bank’s new broom Jes Staley likely to face shareholder questions about cut to dividend amid losses on oil-related loans

Swiss SIX Exchange Releases Positive First Quarter 2016 Results

High market volatility, weak emerging economies and political challenges all contributed to an increase in ETF trading turnover.

Van Lanschot Q1 net profit comes in at EUR 14.0 million

Assets under management up 5% to €52.7 billion (year-end 2015: €50.2 billion) thanks to €2.3 billion net inflow at Asset Management

Brooks Macdonald AUM passes £8bn for first time in history

'Satisfactory' quarter hindered by investment outflows

St James’s Place reports record gross inflows for Q1

St James’s Place also announced the purchase of Technical Connection, a tech support company that has worked with the wealth manager since 1991.

Kering: 2016 First-Quarter Revenue: Solid Organic Growth

Other Luxury brands put in contrasting performances in the first quarter of 2016

Bank of New York Mellon Profit Rises on Interest Revenue

In challenging market conditions, we generated solid earnings growth as we executed on our strategic priorities.

Strong Banking and Lending Boost Raymond James’s Profit

The bank loan loss provision during the quarter was $9.6 million

GAM Reports Quarterly Net Outflows of $3.2 Billion

In the first quarter of 2016 the Group bought back a total of 527,800 of its own shares at a cost of CHF 7.6 million for cancellation under the current share buy-back programme.

SEI Investments Bottom Line Declines 8% In Q1

Our results for the first quarter reflect the growing adoption of our platform solutions across our target markets

Goldman Sachs revenue slumps to lowest in more than four years

Highlighting the challenges facing the bank, Goldman's return on average common equity - a measure of how well the bank uses shareholder money

Executive Travel